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Market updates
Melbourne Airport's Third Runway Gets Approval: A Milestone for Victoria’s Economy
September 13, 2024 03:41 PM AEST| By Team Kalkine MediaThe long-anticipated third runway at Melbourne Airport has finally received approval, a monumental step set to reshape air travel in the region. The $3 billion project, which is expected to bring significant economic benefits, was given the green lig...
Australian Banks Reverse Early Gains Amid Market Fluctuations
September 13, 2024 03:40 PM AEST| By Team Kalkine MediaAfter a promising start to the trading day, financial stocks, including several of Australia's largest banks, reversed early gains on Friday. Australia and New Zealand Banking Group (ASX: ANZ), Commonwealth Bank of Australia (ASX: CBA), and National...
Transurban Welcomes NSW Toll Road Overhaul as Negotiations Loom
September 13, 2024 03:16 PM AEST| By Team Kalkine MediaIn the evolving landscape of New South Wales infrastructure,,Transurban Group (ASX: TCL,), the largest operator of toll roads in Sydney, is preparing for discussions with the state government regarding a significant overhaul of the tolling system. Th...
Debate over US Federal Reserve’s Next Rate Move: Could a 50 Basis Point Cut Still Happen?
September 13, 2024 03:14 PM AEST| By Team Kalkine MediaWith markets largely anticipating a 25 basis point cut by the US Federal Reserve next week, there’s still a case being made for a more substantial 50 basis point move. While futures positioning is pointing to a 72-28 likelihood of a smaller cut, Ever...
Leadership Transition at Charter Hall as Chairman David Clarke Announces Retirement
September 13, 2024 02:56 PM AEST| By Team Kalkine MediaAfter a decade of steering ,Charter Hall Group (ASX: CHC),through significant growth and expansion, Chairman David Clarke has announced his retirement, effective after the company’s annual general meeting on November 20. Clarke’s tenure has been mark...
Harvest Lane Backs Olam Agri's Revised Bid for Namoi Cotton
September 13, 2024 02:54 PM AEST| By Team Kalkine MediaThe ongoing takeover bid for **,Namoi Cotton (ASX: NAM,)** by Singapore-based **,Olam Agri,** has gained significant momentum after the specialist merger fund **Harvest Lane** announced its support for the revised offer. Harvest Lane, which holds app...
ASX Eyes Record as Commodity Prices Surge; Banks Dip
September 13, 2024 02:11 PM AEST| By Team Kalkine MediaThe Australian Securities Exchange (ASX) approached a record high on Friday, buoyed by strong performances in the energy and mining sectors, driven largely by rising commodity prices. By midday, the benchmark S&P/ASX 200 index had risen 0.3%, or 23 p...
Oil Set for First Weekly Gain in a Month on Storm, Risk-On Tone
September 13, 2024 11:42 AM AEST| By EODHD(Bloomberg) -- Oil headed for its first weekly gain in a month as storm Francine disrupted crude production, and a risk-on tone swept across wider markets ahead of expected Federal Reserve interest-ra...
ASX 200 Poised for Gains with Energy Surge and Tech Momentum
September 13, 2024 10:03 AM AEST| By Team Kalkine MediaOn Thursday, the S&P/ASX 200 Index (ASX: XJO) experienced a strong recovery, closing 1.1% higher at 8,075.7 points. As the market heads into Friday, here are five key elements to monitor, which could influence the ASX 200’s performance:,ASX 200 Expec...
ASX 200 Nears All-Time High, S&P 500 Gains Momentum, Gold Soars
September 13, 2024 09:40 AM AEST| By Team Kalkine MediaThe ASX 200 futures have shown promising signs of upward movement, trading 45 points higher, representing a 0.55% increase as of 8:30 am AEST. This follows notable developments in the US markets, the European Central Bank's (ECB) policy shift, and a...
Asana Named a Leader in the 2024 Gartner® Magic Quadrant™ for Adaptive Project Management and Reporting
September 13, 2024 07:29 AM AEST| By Business WireSAN FRANCISCO--(BUSINESS WIRE)--Asana (NYSE: ASAN)(LTSE: ASAN), the #1 AI work management platform, has been named a Leader in the Gartner® Magic Quadrant™ for Adaptive Project Management and Reportin...
Black Construction-Tutor Perini Joint Venture Awarded $38.3 Million P-324 9th Engineering Support Battalion Headquarters Project in Guam
September 13, 2024 07:01 AM AEST| By Business WireLOS ANGELES--(BUSINESS WIRE)--#newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Company, in a join...
Australia Embedded Finance Business Report 2024: Market to Reach $2.92 Billion in 2024 at an Annual Rate of 14.7% - Forecasts to 2029 - ResearchAndMarkets.com
September 13, 2024 01:57 AM AEST| By Business WireDUBLIN--(BUSINESS WIRE)--The "Australia Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update" report...
Arcitecta Unveils Leading-edge Data Management Solutions to Optimize Data Workflows and Foster Collaboration in Geographically Distributed Workforces
September 13, 2024 01:00 AM AEST| By Business WireThe company will showcase its new solutions bundled with Dell storage at IBC2024 that enable data access across all environments and locations BOULDER, Colo. & MELBOURNE, Australia--(BUSINESS WIRE)--...
Australian Maritime Safety Authority Selects Aireon Locate for Search and Rescue Operations
September 13, 2024 01:00 AM AEST| By Business WireMCLEAN, Va.--(BUSINESS WIRE)--Aireon, the market leader in space-based automatic dependent surveillance-broadcast (ADS-B) data products and services, will supply its Aireon Locate search and rescue pl...
Requirements & Systems Portal Application Now Available on the Altium 365 Cloud Platform
September 13, 2024 01:00 AM AEST| By Business WireElectrical teams can now write, manage, and verify their requirements directly in Altium 365. SAN DIEGO--(BUSINESS WIRE)--#Altium--Altium, a global leader in electronics design systems, announced tod...
Coeur Announces Achievement of Key Milestones at Expanded Rochester Mine
September 13, 2024 12:00 AM AEST| By Business WireMining and placement rates remain on-track Confirming full-year silver and gold production ranges Average crushing size trending toward year-end target CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc....
Australia's NEXTDC to raise $1.9 billion in debt to harness Asia-Pacific AI opportunities
September 12, 2024 09:03 PM AEST| By EODHD(Reuters) - Australian data centre operator NEXTDC has launched debt syndication worth A$2.9 billion ($1.94 billion) to facilitate further expansion and acquisition of data centres in the Asia-Pacific...
International Real Estate Group Rebrands as Accumin to Empower Better Property Decisions
September 12, 2024 08:00 PM AEST| By Business WireAsertia, the international real estate group behind market leaders Tinsa and Deyde DataCentric (Spain and Latin America); Persch Consult and on-geo (Germany); and Troostwijk (Netherlands), among oth...
Avnet to Support South East Water’s Mass Digital Meter Deployment
September 12, 2024 06:23 PM AEST| By Business WireTo support South East Water’s mass rollout, Avnet has set up a water meter test lab at its Bayswater facility in Melbourne for verification testing. MELBOURNE, Australia--(BUSINESS WIRE)--$AVT #Avnet...
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