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Trump’s Treasury Nominee, Scott Bessent, Pushes for Tax Cut Extension and Tariff Strategies to Protect US Interests
January 17, 2025 02:28 PM AEDT| By Team Kalkine MediaHighlights,Scott Bessent warns of an “economic calamity” if tax cuts are not extended.,He defends Trump's tariff approach as a strategic tool for US economic security.,Calls for addressing government spending to avoid financial instability.,Scott Bes...
Australian Market Dips as Banks Weigh on ASX, Lovisa Surges 8%
January 17, 2025 02:26 PM AEDT| By Team Kalkine MediaHighlights,Commonwealth Bank (,ASX:CBA,) drags down ASX after major losses.,Lovisa (,ASX:LOV,) jumps 8% following an upgrade to “overweight” rating.,Lynas Rare Earths (,ASX:LYC,) dips 2.2% due to slower production.,On Friday afternoon, the Australian...
Halls Gap Businesses Struggle with Skyrocketing Insurance Costs Amid Rising Bushfire Risks
January 17, 2025 01:06 PM AEDT| By Team Kalkine MediaHighlights,Businesses in Halls Gap face increasing challenges securing insurance coverage due to bushfire risks.,Rising extreme weather events are,directly linked,to insurance companies rejecting or inflating premiums.,Government and industry experts...
Australian Shares Stay Steady Amid Mixed Movements in Key Stocks
January 17, 2025 12:38 PM AEDT| By Team Kalkine MediaHighlights,S&,P/ASX 200 index,remains,flat at midday.,Rio Tinto (,ASX:RIO,) slips, while Insignia Financial (,ASX:IFL,) rises after a bid increase.,Lynas Rare Earths (,ASX:LYC,) sees a dip following production slowdown.,Australian shares have kept a...
Military Metals Expands West Gore Antimony Project with Strategic Land Acquisition
January 17, 2025 12:30 PM AEDT| By Team Kalkine MediaHighlights,Military Metals secures an,additional,388 hectares at the West Gore Antimony Project.,Historical significance includes antimony-gold production and contributions during World War One.,Integrated exploration plans are underway for unlocking...
Australian Market to Open Higher Amid Mixed US Performance and Strong European Gains
January 17, 2025 11:29 AM AEDT| By Team Kalkine MediaHighlights:,Wall Street ended mixed, with declines in tech and health sectors overshadowing strong earnings in finance and semiconductors.,European markets rallied, driven by luxury and technology stocks, with Richemont and TSMC leading the gains.,Co...
ASX 200 Set to Edge Higher Amid Mixed Global Market Signals
January 17, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights:,ASX Futures Rise:,ASX 200 futures increased by 11 points (+0.13%) at 8:30 am AEDT,,indicating,a potential positive start for the local market.,US Market Breadth Turns Bullish:,Equal-weight S&P 500 gained 0.79%, outperforming the official...
Australian workers are enthusiastic about using AI, but employers are not as keen, according to a Workday survey.
January 17, 2025 11:00 AM AEDT| By Team Kalkine MediaAustralian workers are enthusiastic about using AI, but employers are not as keen, according to a Workday survey.
Job Market Resilience Amid Rising Unemployment: Key Insights for Investors
January 16, 2025 07:34 PM AEDT| By Team Kalkine MediaHighlights,Unemployment rate rises to 4% in December, aligned with expectations.,Job creation far exceeds forecasts, with 56,300 new roles added.,Strong labor market performance keeps Reserve Bank policy in focus.,The Australian job market displayed...
Unearthing Hidden Opportunities in the Australian Market for January 2025
January 16, 2025 07:24 PM AEDT| By Team Kalkine MediaHighlights,Small-cap stocks with high growth potential are gaining attention.,Financial stability and operational progress boost confidence in these companies.,Despite the market's strength, several companies are undervalued according to market data....
Australia’s Labour Market Resilience Fuels Positive Momentum in ASX Performance
January 16, 2025 07:21 PM AEDT| By Team Kalkine MediaHighlights,Australian unemployment shows resilience despite a slight rise to 4% in December.,S&P/ASX 200 surges with solid gains across sectors, particularly real estate, finance, and IT.,Smaller stocks like (ASX:NRZ), (ASX:AHN), and (ASX:AS1) see im...
ASX Soars on Eased US Inflation Fears, Bank and Tech Stocks Lead the Way
January 16, 2025 05:53 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 sees a strong rally, gaining 1.4% to close at 8,327.,Big banks and tech stocks show solid performance following positive US inflation data.,Zip Co (ASX:Z1P) surges 10% on strong performance from a US rival.,The Australian share mar...
Hindenburg Research Shuts Down: The End of a Notorious Era in Activist Short-Selling
January 16, 2025 05:32 PM AEDT| By Team Kalkine MediaHighlights,Hindenburg Research, led by Nate Anderson, disbands after eight years of activity.,The firm made major headlines by targeting Block (NYSE:SQ) and Adani Group (BSE:ADANI).,Anderson cites completion of ongoing cases and work with regulators...
ASX Market Momentum Strengthens with Bank and Tech Stock Gains; Zip Soars 7%
January 16, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 Index rises 1.4%, led by strong performances from banks and tech stocks.,Australia’s December employment numbers show a surprising increase of 56,300 jobs.,Zip Co (ASX:Z1P) surges 7.1% on stronger-than-expected holiday dema...
ASX Surges as Strong Jobs Data Boosts Market Confidence
January 16, 2025 03:05 PM AEDT| By Team Kalkine MediaHighlights,ASX climbs 1.4% after robust jobs data.,Commonwealth Bank (CBA) gains 2.7%.,Neuren Pharmaceuticals (NEU) sees biggest single-session rise of 9%.,The Australian stock market rallied on Thursday, with the S&P/ASX 200 index climbing 1.4% by m...
Australian Sharemarket Surges 1.5% as Banks and Technology Stocks Rally
January 16, 2025 11:38 AM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 Index gained 1.5% as US inflation cooled, driving optimism in equity markets.,Major Australian banks rallied over 2%, mirroring gains from US financial giants' strong results.,Technology and real estate sectors saw signific...
Australian Employment Surges in December Amidst Rising Unemployment Rate
January 16, 2025 11:37 AM AEDT| By Team Kalkine MediaHighlights:,Employment Growth:,Australian employment rose by 56,300 in December, surpassing expectations of 15,000.,Unemployment Rate:,The unemployment rate increased slightly to 4.0%, up from 3.9% in November.,RBA Outlook:,The Reserve Bank of Austra...
ASX Set for Strong Gains as US Markets Rally Amid Easing Inflation
January 16, 2025 11:23 AM AEDT| By Team Kalkine MediaHighlights:,The ASX200 is projected to rise sharply, driven by a positive lead from US markets and easing inflation data.,US banking and,megacap,technology stocks surged, with the Nasdaq climbing 2.5% and the S&P500 rising 1.8%.,Commodities rallied a...
ASX Gains Anticipated After Positive U.S. Inflation Data and Bank Results
January 16, 2025 11:17 AM AEDT| By Team Kalkine MediaHighlights:,Strong U.S. Market Surge:,Wall Street rallied, with the Nasdaq gaining 2.2% and the Dow Jones climbing 1.6%, buoyed by optimistic U.S. inflation data.,ASX Outlook:,ASX 200 futures point to a 1.26% rise,,indicating,a strong start for Austr...
ASX 200 Futures Surge as US Core CPI Slows and Wall Street Rallies"
January 16, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights:,US Core Inflation:,December core CPI rose 0.2% month-on-month, below expectations, driving bond yields lower and boosting market sentiment.,Wall Street Rally:,Major US indices logged their strongest sessions in months,,fueled,by robust ea...
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