Market updates


 China Eyes Potential TikTok Sale to Elon Musk Amid US Ban Threat

China Eyes Potential TikTok Sale to Elon Musk Amid US Ban Threat

January 14, 2025 12:29 PM AEDT| By Team Kalkine Media

Highlights,Chinese officials discuss potential TikTok sale to Elon Musk if US ban takes effect.,TikTok’s parent, ByteDance (BDNCE), resists the acquisition plan.,Legal battle ongoing as TikTok appeals to the US Supreme Court.,In an intriguing twist f...

 ASX Edges Higher on Broad Gains; Star (ASX:SGR) Rallies 12% Amid Mystery Buyer’s Return

ASX Edges Higher on Broad Gains; Star (ASX:SGR) Rallies 12% Amid Mystery Buyer’s Return

January 14, 2025 12:27 PM AEDT| By Team Kalkine Media

Highlights,The Australian,sharemarket,gains with positive movement across multiple sectors.,Energy stocks rise with Brent crude, while mining giants,benefit,from iron ore price increases.,The Star (SGR) rises sharply as a mystery investor,purchases,s...

 ASX Rises with Broad Gains; City Chic Soars Nearly 20%

ASX Rises with Broad Gains; City Chic Soars Nearly 20%

January 14, 2025 11:32 AM AEDT| By Team Kalkine Media

Highlights,ASX rebounds, led by energy and mining sectors.,City Chic (CCX) surges,nearly 20%,on holiday sales.,Telix,Pharmaceuticals (TLX) posts significant revenue growth.,The Australian share market started strong, rebounding from a two-week low as...

 Top 5 Resources: Investors Thrilled by Scorpion's Golden Arrow Success

Top 5 Resources: Investors Thrilled by Scorpion's Golden Arrow Success

January 14, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Scorpion Minerals Expands Footprint,: The company secures a farm-in agreement to enhance exploration efforts in Western Australia.,Cavalier Resources Progresses Towards Production,: Advancements in approvals and funding mark a step forwar...

 Chinese Exports Hit Record High Amid Global Demand Surge

Chinese Exports Hit Record High Amid Global Demand Surge

January 13, 2025 05:15 PM AEDT| By Team Kalkine Media

Highlights,Chinese exports soar to new record high.,Trade surplus for 2024 hits an unprecedented $992 billion.,Strong export momentum offsets domestic demand challenges.,China’s export sector has reached new heights, with December exports rising 10.7...

 East West Engineering Joins Forces with Arbor Permanent Owners to Strengthen Legacy

East West Engineering Joins Forces with Arbor Permanent Owners to Strengthen Legacy

January 13, 2025 02:32 PM AEDT| By Team Kalkine Media

Highlights,East West Engineering’s sale marks a key milestone for Arbor Permanent Owners' investment model.,Arbor adopts a unique permanent capital approach, focusing on long-term, sustainable growth.,East West Engineering offers innovative material...

 Geopolitical Uncertainty and Business Concerns: What's Keeping Australian Executives Up at Night?

Geopolitical Uncertainty and Business Concerns: What's Keeping Australian Executives Up at Night?

January 13, 2025 02:31 PM AEDT| By Team Kalkine Media

Highlights,Geopolitical tensions and societal issues are top concerns for Australian business leaders.,Cost management and innovation are key priorities as challenges continue to mount.,Housing affordability, particularly for young Australians, tops...

 Govt Invests $3B to Complete NBN, Boost Connectivity

Govt Invests $3B to Complete NBN, Boost Connectivity

January 13, 2025 02:26 PM AEDT| By Team Kalkine Media

Highlights,Government's,$3 billion,investment will extend,National,Broadband Network (NBN) to 622,000 more premises by 2030.,Economic growth forecasted at $10.4 billion over the next decade from the upgrades.,Albanese emphasizes the network's importa...

 ASX Faces Pressure: Big Banks and Tech Stocks Weigh on Market Performance

ASX Faces Pressure: Big Banks and Tech Stocks Weigh on Market Performance

January 13, 2025 02:24 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 drops over 1% amid declines in tech and banking sectors.,Premier Investments (PMV) and NRW Holdings (NWH) lead losses across the ASX 200.,Energy and uranium sectors see growth driven by rising oil and uranium prices.,The Australian...

 ASX Dips Amid Weakness in Banks and Tech, Insignia (ASX: IGL) Gains

ASX Dips Amid Weakness in Banks and Tech, Insignia (ASX: IGL) Gains

January 13, 2025 01:03 PM AEDT| By Team Kalkine Media

Highlights,Australian markets follow Wall Street's lead as strong US job data pressures interest rate expectations.,Financial and technology stocks weigh down ASX performance.,Insignia (IGL) gains as the company receives a takeover offer.,The Austral...

 Australian Stock Market Slips; Myer Shares Tumble 16%

Australian Stock Market Slips; Myer Shares Tumble 16%

January 13, 2025 11:11 AM AEDT| By Team Kalkine Media

Highlights,Australian stock market drops amid global rate concerns.,Myer (MYR) shares,fall,nearly 16%,after,market,update.,Energy sector rises as oil prices hit a three-month high.,The Australian share market faced a sharp decline on Monday as global...

 ASX 200 Futures Slide as Strong US Jobs Data Pushes Back Rate Cut Expectations

ASX 200 Futures Slide as Strong US Jobs Data Pushes Back Rate Cut Expectations

January 13, 2025 11:08 AM AEDT| By Team Kalkine Media

Highlights:,ASX 200 futures,indicate,a 71-point drop (-0.86%), reflecting global market turmoil following robust US jobs data.,US Treasury yields surged, with the 10-year yield reaching its highest level since October 2023,,impacting,rate-sensitive s...

 Spotlight on Jurisdiction: Finland’s Promising Critical Mineral Potential

Spotlight on Jurisdiction: Finland’s Promising Critical Mineral Potential

January 12, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Finland continues to expand its role as a major hub for cobalt mining and refining in Europe.,Latitude 66 advances exploration efforts at the Kuusamo Schist Belt project.,Kingsrose Mining and Nordic Resources expand mineral exploration in...

 Market Decline as Westpac Downgraded and Star Entertainment Struggles

Market Decline as Westpac Downgraded and Star Entertainment Struggles

January 10, 2025 02:59 PM AEDT| By Team Kalkine Media

Highlights,The ASX market sees a decline, led by financials.,Iron ore price rise boosts mining stocks despite overall losses.,Westpac (WBC) faces a downgrade, while Star Entertainment (SGR) faces major challenges.,On Friday, Australian stocks faced a...

 Australian Stock Market Faces Setback; Banks and Biotech Weigh on the ASX Despite Mining Gains

Australian Stock Market Faces Setback; Banks and Biotech Weigh on the ASX Despite Mining Gains

January 10, 2025 01:31 PM AEDT| By Team Kalkine Media

Highlights,Australian stock market faces pressure as banks struggle and inflation concerns ease.,Commodities lead growth as miners perform well, particularly iron ore.,Star Entertainment (SGR) sees steep losses as its future hangs in the balance.,On...

 ASX Rises as Sectors Show Strength, but Aussie Dollar Hits Two-Year Low

ASX Rises as Sectors Show Strength, but Aussie Dollar Hits Two-Year Low

January 10, 2025 11:44 AM AEDT| By Team Kalkine Media

HIghlights,ASX 200 gains 0.16% in early trading, advancing steadily.,Australian dollar hits a two-year low amid weak retail sales data.,Key sectors perform positively, led by materials and industrials.,The Australian stock market demonstrated resilie...

 Australian Shares Volatile as Iron Ore Gains Fail to Provide Strong Momentum

Australian Shares Volatile as Iron Ore Gains Fail to Provide Strong Momentum

January 10, 2025 11:32 AM AEDT| By Team Kalkine Media

Highlights,Australian market,remains,volatile despite iron ore gains.,Mining stocks supported by iron ore price increase.,Star Entertainment faces continued pressure and potential challenges ahead.,The Australian stock market experienced fluctuations...

 ASX 200 Futures Edge Higher Amid Commodity Gains

ASX 200 Futures Edge Higher Amid Commodity Gains

January 10, 2025 11:08 AM AEDT| By Team Kalkine Media

Highlights:,US Market Observance,: US markets remained closed to honour former President Jimmy Carter, with no fresh session data available.,Commodity Momentum,: Gold, copper, and oil prices strengthened, providing a positive outlook for resource-dri...

 Are soaring bauxite prices going to remain high?

Are soaring bauxite prices going to remain high?

January 10, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Bauxite prices have risen due to supply chain disruptions and growing demand from key markets.,ASX-listed companies involved in bauxite production and exploration are benefiting from the market shift.,Increased activity in exploration and...

 ASX 200 Edges Lower Amid Declines in Lovisa and Star Entertainment, Gold Stocks Provide Stability

ASX 200 Edges Lower Amid Declines in Lovisa and Star Entertainment, Gold Stocks Provide Stability

January 09, 2025 06:21 PM AEDT| By Team Kalkine Media

Highlights,ASX 200 Marginally Down,: The S&P/ASX 200 finished 0.24% lower, recovering from steeper losses earlier in the session.,Sector Movements,: Lovisa (LOV) and Star Entertainment Group (SGR) experienced significant declines, while gold stocks o...

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