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Market updates
China Maintains Benchmark Lending Rates Amid Economic Challenges; Market Anticipates Future Cuts
September 20, 2024 03:15 PM AEST| By Team Kalkine MediaIn a surprising move, the People’s Bank of China (PBOC) has decided to keep its benchmark lending rates unchanged during the monthly fixing on Friday, defying market expectations that anticipated a rate adjustment following the recent significant int...
Alinta Energy Transfers CORE Billing System to Tally Group
September 20, 2024 03:09 PM AEST| By Team Kalkine MediaElectricity and gas supplier Alinta Energy has entered into an agreement to sell its retail energy billing platform, CORE, to Tally Group. The financial terms of the deal were not disclosed.,Alinta had engaged Moelis Australia earlier in the year to...
Record High for Index as It Mirrors Wall Street Surge
September 20, 2024 02:04 PM AEST| By Team Kalkine MediaThe S&P/ASX 200 Index (ASX: XJO) has shown resilience, climbing 0.3% to 8,220 points after reaching an all-time high of 8,246 during intra-day trading. This positive movement in the Australian bourse aligns with a strong performance in the US markets...
ISG Names Women in Digital Award Winners for Asia Pacific and India
September 20, 2024 01:00 PM AEST| By Business WireLeaders with L&T Technology Services, Quinnox, Brillio, Tata Consultancy Services and Birlasoft named gold winners in five award categories SYDNEY--(BUSINESS WIRE)--#ISGEvents--Information Servic...
Woodside Contributes $50,000 to Hurricane Francine Relief Efforts
September 20, 2024 09:00 AM AEST| By EODHDHOUSTON--(BUSINESS WIRE)--Woodside Energy will contribute $50,000 to the Bayou Community Foundation in support of relief efforts following Hurricane Francine. The Category 2 hurricane impacted the Lou...
August Rents Decline, But Remain Near Peak Levels, Realtor.com Says
September 20, 2024 05:59 AM AEST| By EODHDAugust Rents Decline, But Remain Near Peak Levels, Realtor.com Says
Australia Glue Laminated Timber Market 2024-2030, with Profiles of Megabeam, The Tilling Group, Parkside Timber, Australian Sustainable Hardwoods, Hyne & Son, Vicbeam, Xlam and Timberlink Australia - ResearchAndMarkets.com
September 20, 2024 05:51 AM AEST| By Business WireDUBLIN--(BUSINESS WIRE)--The "Australia Glue Laminated Timber Market (2024-2030): Outlook, Industry, Analysis, Forecast, Trends, Value, Growth, Size, Revenue, Share & Companies: Market Forecast, B...
Ioneer’s Rhyolite Ridge Project Clears Major U.S. Federal Permitting Step, Advances Toward Construction
September 20, 2024 05:09 AM AEST| By Business WireNORTH SYDNEY, Australia--(BUSINESS WIRE)--Ioneer Ltd (“Ioneer”) (ASX: INR, NASDAQ: IONR) moved one step closer toward construction at its Rhyolite Ridge Lithium-Boron Project following announced publi...
Macquarie unit to pay nearly $80 million to settle SEC charges
September 20, 2024 03:28 AM AEST| By EODHDA Macquarie Group investment adviser has agreed to pay $79.8 million to settle charges in connection with overvaluing collateralized mortgage obligations (CMO) held in advisory accounts, the U.S. Secu...
Fiji Airways Announces Purchase Interest for Odys Aviation's Hybrid-electric VTOL Aircraft as Part of Plans to Increase Regional Connectivity and Drive Sustainability
September 20, 2024 02:00 AM AEST| By Business WireLONG BEACH, Calif. & NADI, Fiji--(BUSINESS WIRE)--Odys Aviation, a sustainable aviation company building hybrid-electric vertical take-off and landing (VTOL) aircraft and Fiji Airways, Fiji's National...
Smart Communications Recognized as a ‘Leader’ in Aspire’s First Interaction Experience Management Leaderboard
September 20, 2024 02:00 AM AEST| By Business WireSmartIQ™ lauded for technological and strategic leadership in emerging customer interaction market segment NEW YORK--(BUSINESS WIRE)--Smart Communications™ announced today that it has been named a ‘L...
Australia’s Unemployment Rate Holds Steady at 4.2% in August; Job Gains Exceed Expectations
September 20, 2024 01:22 AM AEST| By Team Kalkine MediaAustralia’s unemployment rate held steady at 4.2% in August, reflecting a strong job market despite ongoing economic pressures. The economy added a net 47,500 jobs during the month, surpassing economists' forecasts of 26,000 new positions. The increa...
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ASX Achieves Record High After US Federal Reserve Rate Cut
September 20, 2024 01:20 AM AEST| By Team Kalkine MediaThe ASX200 surged to a new record high on Thursday, propelled by the recent reduction in the US Federal Reserve's interest rate. At midday, the ASX200 stood at 8,152.5, marking an increase of 10 points, or 0.13 percent. By the close of trading, the b...
Closing Bell: ASX Hits New Record with Boost from Iron Ore Giants; RBA Rate Cut Unlikely Amidst Tight Job Market
September 20, 2024 01:19 AM AEST| By Team Kalkine MediaMarket Update: ASX Reaches Record Highs Amid Iron Ore Rally; RBA Rate Cut Unlikely as Job Market Remains Robust,The ASX200 achieved a new record high today, driven by a rally in mining stocks following the first interest rate reduction from the US Fe...
Positive Phase III Results Show Xofluza Significantly Reduces the Transmission of Influenza Viruses
September 19, 2024 06:06 PM AEST| By Business Wire– Data from the CENTERSTONE study shows single-dose Xofluza reduces transmission of influenza from an infected person to household members – – This is the first time that any antiviral used in the t...
Markets Remain Steady Despite Robust Jobs Data
September 19, 2024 12:31 PM AEST| By Team Kalkine MediaThe latest employment data has triggered a modest yet notable response in Australian financial markets. Despite the upbeat report indicating strong job growth, market movements have been relatively stable. Australian bond yields saw a slight uptick o...
August Unemployment Data Preview: Analysts Weigh In
September 19, 2024 12:25 PM AEST| By Team Kalkine MediaThe Australian Bureau of Statistics is set to release the August labor force report at 11:30 a.m. AEST on Thursday. Analysts have offered varied expectations for the upcoming data, which will provide crucial insights into the current state of the lab...
Wall Street Reacts to Federal Reserve’s Rate Cut Decision: Expert Insights
September 19, 2024 12:18 PM AEST| By Team Kalkine MediaThe recent move by the U.S. Federal Reserve to implement a significant 50 basis point rate cut has generated considerable discussion among economists and strategists on Wall Street. With the Fed's next policy meeting scheduled for November 6-7 and th...
ASX Futures Signal Decline After Federal Reserve's Interest Rate Stance, Wall Street Closes Lower
September 19, 2024 12:16 PM AEST| By Team Kalkine MediaThe Australian share market is poised to open lower following overnight declines on Wall Street, as futures trading indicates a dip in the ASX. This comes after the U.S. Federal Reserve announced a significant 50 basis point rate cut but signaled a s...
Australia’s Employment Data Anticipated Amid Economic Uncertainty
September 19, 2024 12:14 PM AEST| By Team Kalkine MediaThe Australian Bureau of Statistics (ABS) is set to release the latest employment figures today, with analysts and market participants closely watching the data for insights into the state of the labor market. The report, scheduled for 11:30 a.m., wi...
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