Market updates


 AM Best Affirms Credit Ratings of FMG Insurance Limited

AM Best Affirms Credit Ratings of FMG Insurance Limited

March 01, 2025 04:05 AM AEDT| By Business Wire

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of FMG Insurance Limited (FMGIL) (New Zealand)...

 Touchdown for In-Space Manufacturing Mission: Rocket Lab’s Pioneer Spacecraft Delivers Re-Entry for Varda’s In-Space Manufacturing Capsule in South Australia

Touchdown for In-Space Manufacturing Mission: Rocket Lab’s Pioneer Spacecraft Delivers Re-Entry for Varda’s In-Space Manufacturing Capsule in South Australia

March 01, 2025 03:00 AM AEDT| By Business Wire

Rocket Lab designed and built the Pioneer spacecraft that hosted Varda’s capsule on orbit for six weeks carrying payloads for the U.S. Air Force Research Lab and NASA. The companies have concluded re...

 Decline in US Consumer Confidence; China's Efforts to Curb Share Sales; Anticipated Tariffs on Copper

Decline in US Consumer Confidence; China's Efforts to Curb Share Sales; Anticipated Tariffs on Copper

February 28, 2025 05:30 PM AEDT| By Team Kalkine Media

Highlights,AI strategies from leading tech firms raise market concerns.,Geopolitical moves impact energy and trade sectors.,Economic indicators and commodities react to policy changes.,The global marketplace is currently undergoing significant turbul...

 Local Stock Exchange Falls by 1.25% Due to Tariff Concerns

Local Stock Exchange Falls by 1.25% Due to Tariff Concerns

February 28, 2025 04:30 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 drops 1.25% amid trade uncertainty,Materials, Consumer Staples, and Tech sectors see sharp declines,Star Entertainment (ASX:SGR) and John Lyng (ASX:JLG) lead individual stock losses,The Australian Securities Exchange (ASX) is renow...

 Kelsian Group  Reports Mixed Financial Performance for First Half of 2025

Kelsian Group Reports Mixed Financial Performance for First Half of 2025

February 28, 2025 03:55 PM AEDT| By Team Kalkine Media

Highlights:,Revenue Growth:,The company recorded an increase in revenue compared to the previous year.,Earnings Decline:,Net income and profit margins showed a downward trend.,Industry Outlook:,Revenue projections remain in line with broader sector t...

 Cavalier Resources' Market Cap Climbs to AU$9.8m, Boosted by Insider Stock Purchases

Cavalier Resources' Market Cap Climbs to AU$9.8m, Boosted by Insider Stock Purchases

February 28, 2025 03:50 PM AEDT| By Team Kalkine Media

Highlights:,Cavalier Resources insiders have made notable acquisitions over the past year, aligning with shareholder interests.,The company's stock price has risen significantly, reflecting an increase in market capitalization.,No insider sales were...

 Ownership Structure of Origin Energy Limited (ASX:ORG) and Its Influence

Ownership Structure of Origin Energy Limited (ASX:ORG) and Its Influence

February 28, 2025 03:48 PM AEDT| By Team Kalkine Media

Highlights:,Retail stakeholders account for a substantial share of Origin Energy, impacting overall company dynamics.,Institutional participation reflects broad engagement from large entities in the company's framework.,A segment of shares is held by...

 Australian Wealth Advisors Group Reports Strong Revenue Growth and Improved Profitability

Australian Wealth Advisors Group Reports Strong Revenue Growth and Improved Profitability

February 28, 2025 03:47 PM AEDT| By Team Kalkine Media

Highlights:,Revenue increased significantly compared to the previous year.,Net income improved, reversing the prior period's loss.,Profit margin saw a notable rise, reflecting operational efficiency.,Australian Wealth Advisors Group (ASX:WAG), operat...

 Market Overreaction? Why China Tariff Fears Might Be Overblown

Market Overreaction? Why China Tariff Fears Might Be Overblown

February 28, 2025 01:30 PM AEDT| By Team Kalkine Media

Highlights,Market concerns over,additional,China tariffs may be premature.,Past tariff changes,indicate,uncertainty in actual implementation.,Broader economic factors could soften the impact on Australian exporters.,The recent decision by the U.S. ad...

 ASX Dips as Miners and Retailers Weigh on Market; Endeavour Group (ASX:EDV) Falls 6%

ASX Dips as Miners and Retailers Weigh on Market; Endeavour Group (ASX:EDV) Falls 6%

February 28, 2025 01:10 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 slips as commodity concerns and global tariff worries impact sentiment.,Major miners, including BHP (,ASX:BHP,) and Rio Tinto (,ASX:RIO,), retreat amid weaker demand fears.,Endeavour Group (,ASX:EDV,) declines 6% after reporting a...

 Tokyo Inflation Cools More Than Expected: What It Means for Markets

Tokyo Inflation Cools More Than Expected: What It Means for Markets

February 28, 2025 01:01 PM AEDT| By Team Kalkine Media

Highlights,Tokyo's core inflation slowed to 2.2% in February, missing estimates.,Government subsidies played a role in distorting energy cost readings.,The Bank of Japan may still move forward with interest rate adjustments.,Inflation in Tokyo eased...

 Delta Electricity and Samsung Join Forces for a Battery Project at Vales Point

Delta Electricity and Samsung Join Forces for a Battery Project at Vales Point

February 28, 2025 12:51 PM AEDT| By Team Kalkine Media

Highlights,Delta Electricity and Samsung collaborate on a battery project at Vales Point.,The initiative aims to extend the site’s role in Australia’s energy landscape post-closure.,The project could enhance energy security and support renewable tran...

 ASX Stumbles as Miners Weigh Heavy; Star Entertainment Faces Uncertain Future

ASX Stumbles as Miners Weigh Heavy; Star Entertainment Faces Uncertain Future

February 28, 2025 12:48 PM AEDT| By Team Kalkine Media

Highlights,Market dips,as mining stocks react to tariff concerns.,Star Entertainment (,ASX:SGR,),faces a critical financial crossroads.,Life360 (ASX:360),and,Vista Group (,ASX:VGL,),surge,on strong earnings.,The Australian stock market wrapped up the...

 Australia Post's Profit Surges on Parcel Boom and Policy Changes

Australia Post's Profit Surges on Parcel Boom and Policy Changes

February 28, 2025 11:37 AM AEDT| By Team Kalkine Media

Highlights:,Strong first-half profit driven by record parcel deliveries and policy adjustments,Revenue growth led by parcel and services division,Reduced letter losses contribute to overall financial stability,Australia Post has delivered a strong fi...

 Market Jitters as Trade Tariff Worries Weigh on Equities

Market Jitters as Trade Tariff Worries Weigh on Equities

February 28, 2025 11:31 AM AEDT| By Team Kalkine Media

Highlights,Market slides amid renewed trade tariff concerns.,Commodity prices pressured by stronger U.S. dollar and China’s steel output cuts.,Key sectors, including materials and energy, face early declines.,Global equity markets faced fresh turbule...

 A Southern Hemisphere First – New Cutting-Edge Radiotherapy now available at Icon Cancer Centre

A Southern Hemisphere First – New Cutting-Edge Radiotherapy now available at Icon Cancer Centre

February 28, 2025 11:30 AM AEDT| By Business Wire

PERTH, Australia--(BUSINESS WIRE)--Cancer patients being treated at Icon Group’s Icon Cancer Centre Midland are now benefitting from the latest state-of-the-art radiation treatment planning and delive...

 ASX 200 Poised for Decline as Wall Street Weakness Persists

ASX 200 Poised for Decline as Wall Street Weakness Persists

February 28, 2025 11:05 AM AEDT| By Team Kalkine Media

Highlights:,Nasdaq Logs Steep Decline:,The worst trading session in a month amid investor concerns over economic data.,S&P 500 Turns Negative for 2025:,Market sentiment deteriorates ahead of upcoming inflation updates.,Trump Tariff Uncertainty:,Globa...

 The Ethical Investor: Australian Companies Embrace the Growing Trend of Green Fintech

The Ethical Investor: Australian Companies Embrace the Growing Trend of Green Fintech

February 28, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights,Fintech innovation is increasingly driven by ESG and ethical investing, with a strong focus on green finance products.,Companies like Plenti Group (ASX:PLT) and MoneyMe (ASX:MME) are leading the charge with green loans and deposits.,B Corp...

 Prospect Resources: Unveiling Copper Potential in Zambia’s Nyungu Corridor

Prospect Resources: Unveiling Copper Potential in Zambia’s Nyungu Corridor

February 28, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlight,Effective use of IP surveying: Proven correlation between historical IP data and new findings underscores the tool's utility for copper exploration.,Promising expansion potential: The recognition of southern and northern anomalies opens up...

 Is Cash Still Supreme?

Is Cash Still Supreme?

February 28, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights,The shift from cash to digital transactions continues, with cash usage now at a fraction of total payments.,Cryptocurrencies, including stablecoins, are gaining traction, with widespread adoption and increasing transaction volumes.,A struc...

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