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Market updates
Australia's central bank remains cautious about rate cuts, with any decisions hinging on forthcoming data
February 21, 2025 01:42 PM AEDT| By Team Kalkine MediaRBA's Cautious Stance Amid Labour Market Dynamics,Highlights,The Reserve Bank of Australia monitors the labor market and inflation trends, influencing its cautious approach to rate adjustments.,Recent rate cut is the first in over four years, influen...
Watchdog Issues Warning to Major Supermarkets
February 21, 2025 01:42 PM AEDT| By Team Kalkine MediaACCC's Scrutiny Tightens on Supermarkets Amid Pricing Concerns,Highlights:,The ACCC is actively investigating major supermarkets for allegations of misleading pricing and discounts.,Gina Cass-Gottlieb emphasizes the importance of competition for cons...
Unmasking Online Shopping Deceptions and the Legal Framework of Dropshipping
February 21, 2025 01:41 PM AEDT| By Team Kalkine MediaThe Unveiling of Online Shopping Scams and the Legal Standpoint of Dropshipping,Highlights,Victims of online shopping scams suffer from overpricing and quality misrepresentation.,Dropshipping practices, while legal, come with risks of non-compliance...
Why a Landlord with 118 Properties Refuses to Reduce Rent Despite Rate Cut
February 21, 2025 01:41 PM AEDT| By Team Kalkine MediaA Closer Look at Rent Dynamics Amid RBA Interest Rate Cuts,Highlights,Landlords like Sam Gordon, owning multiple properties, emphasize market demand, not interest rates, as key rent determinants.,A shift in the housing market, driven by post-pandemic...
Australia's 'Work-From-Home Sanctuary' Resists 'Major Push to Return to Office'
February 21, 2025 01:40 PM AEDT| By Team Kalkine MediaHighlights,Office attendance in Australian capital cities is slowly increasing, despite Australia's cities seeing variation in attendance trends.,Melbourne remains the capital city with the lowest office attendance, showing a strong preference for wo...
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ASX Dips as REA Group Declines Amid Domain Takeover Speculation
February 21, 2025 01:01 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 edges lower as consumer discretionary stocks struggle.,Commonwealth Bank (,ASX:CBA,) and major banks face downward pressure.,Domain (,ASX:DHG,) surges on takeover speculation, while REA Group (,ASX:REA,) drops.,The Australian share...
Workers at Tomago Aluminium Resume Industrial Action Over Wage Dispute
February 21, 2025 12:58 PM AEDT| By Team Kalkine MediaHighlights,Tomago,Aluminium,(TGA) faces renewed industrial action over wage negotiations.,AWU claims workers have faced effective pay cuts amid rising inflation.,Production halts could,impact,operations and economic contributions.,Workers at Tomago A...
ASX Dips as Consumer Stocks Weaken; REA Declines Amid Domain’s CoStar Consideration
February 21, 2025 12:54 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 sees,slight,decline as consumer discretionary stocks weigh on the market.,Commonwealth Bank (CBA),remains,a key mover in the index’s performance.,REA Group (REA) slides as Domain (DHG) weighs CoStar’s acquisition interest.,The Aust...
Ceretas Advances Ultrasound Therapy for Dementia with $1M Funding, Eyes IPO
February 21, 2025 12:51 PM AEDT| By Team Kalkine MediaHighlights,Ceretas,secures $1 million to further develop its breakthrough ultrasound therapy for dementia.,Backed by leading investors and strong philanthropic support, the company progresses toward clinical trials.,The technology,could revolutionize...
ASX Bounces Back to End a Volatile Week on a Positive Note
February 21, 2025 11:43 AM AEDT| By Team Kalkine MediaHighlights,ASX,200 sees a modest rebound,after a week of fluctuations.,Gold nears record highs,amid a weaker US dollar before pulling back.,Commodity stocks show resilience,,with gains in minerals and metals.,Australia’s stock market wrapped up the w...
Coeur to Participate in Upcoming BMO Global Metals, Mining & Critical Minerals Conference
February 21, 2025 11:30 AM AEDT| By Business WireCHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc.’s (“Coeur” or the “Company”) (NYSE: CDE) Chairman, President and Chief Executive Officer, Mitchell J. Krebs, will present at the BMO Capital Markets Global...
Newmont Reports 2024 Mineral Reserves of 134.1 Million Gold Ounces and 13.5 Million Tonnes of Copper
February 21, 2025 11:08 AM AEDT| By Business WireDENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) reported gold Mineral Reserves ("reserves") of 134.1 million attributable ounces at the...
Newmont Reports Fourth Quarter and Full Year 2024 Results; Provides Full Year 2025 Guidance
February 21, 2025 11:05 AM AEDT| By Business WireDENVER--(BUSINESS WIRE)--Newmont Corporation (NYSE: NEM, ASX: NEM, TSX: NGT, PNGX: NEM) (Newmont or the Company) today announced its fourth quarter and full year 2024 results, declared a fourth quarte...
Ovarian Cancer Costs Countries Over $70 Billion Annually, According to a Groundbreaking Global Study by the World Ovarian Cancer Coalition
February 21, 2025 11:00 AM AEDT| By Business WireTORONTO--(BUSINESS WIRE)--#NoWomanLeftBehind--The World Ovarian Cancer Coalition (the Coalition) announced today the publication of a first-of-its-kind study that reveals the major socioeconomic burde...
Straker adapts its AI-driven translation technology for IBM.
February 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Straker’s seamless integration into Slack has transformed IBM’s translation efficiencies.,Over 50 million words are translated monthly using Straker's AI technology.,Translation times have been reduced from a week to just 0.7 seconds.,The...
Explorers Podcast: Asra's Keen Focus on Gold in Leonora, WA
February 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Asra Minerals holds a substantial 926km² of land in the Leonora region of Western Australia.,The company is preparing for an active 2025 with various initiatives across its gold ventures.,This engagement was developed alongside Asra Minera...
Barry FitzGerald: The crucial agreement that prompted gold enthusiast Hedley Widdup to invest in Medallion Metals
February 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,The junior mining sector has seen a decline in market value, shaping new dynamics for companies adapting to evolving conditions.,Lion Selection Group (LSX) is actively engaging in strategic allocations, utilizing its resources to position...
Potential Rebound in Platinum Group Metals Amid Supply and Demand Shifts
February 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,The platinum group metals sector is experiencing a downturn, with many producers operating at a loss and considering reductions in supply.,Despite electrification trends, predictions suggest a continued demand for palladium and platinum, s...
Brazil: An Emerging Powerhouse in Critical Minerals
February 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Brazil is strategically positioning itself as a major player in the global critical minerals market, breaking traditional supply chains.,The country's 'Lithium Valley' is gaining attention from investors, with significant rare earth and li...
Psilocybin shows promise in addressing brain injuries and binge eating, and several ASX-listed companies are engaging in this field.
February 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Psilocybin is being explored for its effects on brain health, emotional empathy, and disordered eating behaviors.,Australian research and production efforts are advancing medical applications for psilocybin-based therapies.,Studies continu...
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