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Market updates
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.
New Zealand Investment Firm Launches Greener Pastures New Zealand: First Full-Service Firm Offering Residency Pathways for High-Net-Worth Investors
January 17, 2025 10:54 AM AEDT| By Business WireGreener Pastures New Zealand, Revolutionizes How High-Net-Worth Global Investors Can Secure Residency Through First-of-its-Kind Lifestyle Design Services and Diversified Fund Approved by New Zealand...
Data Shows AI Helps Insurers and Homeowners Navigate the Climate Crisis
January 17, 2025 05:00 AM AEDT| By Business WireNew research highlights how AI-driven insight repairs trust and improves collaboration in the wake of increased natural disastersSALT LAKE CITY--(BUSINESS WIRE)--As climate-driven disasters like the...
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...
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...
Leadership Shake-Up: Scott Gregson to Lead ASIC as CEO
January 16, 2025 04:12 PM AEDT| By Team Kalkine MediaHighlights,Scott Gregson transitions from ACCC to ASIC as CEO.,Gregson's extensive career spans leadership roles in competition and consumer protection.,His new role begins mid-March after a leave period.,The Australian Securities and Investments Com...
ASIC Names Scott Gregson as New CEO, Brings Leadership from ACCC
January 16, 2025 03:57 PM AEDT| By Team Kalkine MediaHighlights,Scott Gregson appointed as ASIC's new CEO starting March 2025.,Gregson's vast experience at ACCC makes him an ideal leader for ASIC’s transformation.,Focus on adapting to digital delivery and regulatory challenges moving forward.,In a sign...
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...
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