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Market updates
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Australian Court Imposes $8M Penalty on Kraken Operator for Credit Facility Breach
December 12, 2024 06:10 PM AEDT| By Team Kalkine MediaHighlights,Federal Court fines Bit Trade $8 million for regulatory breaches.,ASIC's legal action addresses failures in compliance with DDO obligations.,Kraken's margin extension caused significant financial losses to customers.,The operator of the Kr...
Victoria's Mining Sector Set for Transformation with Strategic Reforms
December 12, 2024 05:56 PM AEDT| By Team Kalkine MediaHighlights,Victorian government strengthens mining sector with key initiatives.,Approvals for critical minerals projects streamline development.,Local companies highlight transformative policy impacts.,The Victorian mining sector is gaining significa...
Construction Industry Faces Record Industrial Disputes, Calls for Reform
December 12, 2024 04:12 PM AEDT| By Team Kalkine MediaHighlights,Industrial disputes in the Australian construction sector surge significantly.,Master Builders Australia urges the government to establish a dedicated industry regulator.,Legal challenges by union officials add complexity to ongoing disput...
ASX Poised for Gains Amid Nasdaq Surge and Global Market Strength
December 12, 2024 02:31 PM AEDT| By Team Kalkine MediaKey Highlights:,Strong Global Market Performance,:,US and European markets show robust growth, with the Nasdaq hitting a new all-time high. The S&P 500 and European aerospace stocks also saw notable gains, setting a positive tone for the ASX.,Inflati...
Japanese Yen Faces Challenges Amid Mixed Economic Signals, Fed’s Rate Cut Expectations
December 12, 2024 02:28 PM AEDT| By Team Kalkine MediaHighlights,The Japanese Yen (JPY) gains slight momentum but faces limited upside potential.,Expectations of a Fed rate cut and geopolitical risks support the safe-haven JPY.,The Bank of Japan (BoJ) signals caution on further rate hikes, keeping JPY's...
Australia's Quantum Diamond Innovation Boosted by Government Funding
December 12, 2024 12:33 PM AEDT| By Team Kalkine MediaHighlights,Australian government,allocates,$13 million to Quantum Brilliance (QB).,Funding supports development of quantum diamonds for computing.,Quantum diamond technology could significantly,impact,various industries.,The Australian government is...
Markets Surge on Certainty of US Rate Cuts
December 12, 2024 11:43 AM AEDT| By Team Kalkine MediaHighlights,US CPI data boosts expectations for rate cuts, lifting global markets.,The ASX sees positive movement, with several sectors gaining.,Key Australian companies like Beach Energy (BPT) and Regis Resources (RRL) experience notable increases.,T...
ASX Index Hits Two-Week Low Amid Sector Declines and Key Stock Movements
December 11, 2024 05:11 PM AEDT| By Team Kalkine MediaHighlights,ASX200 index dips to its lowest in two weeks due to market trends.,Real Estate sector emerges as the only sector in the green.,Key stock updates include movements in (JGH), (DYM), and (FFM).,The Australian stock market has witnessed a dip...
GM Realigns Strategy: From Robotaxis to Advanced Driver-Assist Technology
December 11, 2024 04:10 PM AEDT| By Team Kalkine MediaHighlights,General Motors (GM) shifts focus from robotaxi development to driver-assist systems.,Resources redirected to enhance safety and convenience for private vehicle owners.,Cruise faces challenges, including regulatory scrutiny and high costs,...
Shiba Inu (SHIB) Price Shows Potential for Recovery Amid Volatility
December 11, 2024 03:41 PM AEDT| By Team Kalkine MediaHighlights,Shiba Inu (SHIB) price has experienced significant fluctuations in recent days.,Crypto trends and economic data are key factors influencing SHIB price movement.,Technical analysis suggests a bullish outlook for Shiba Inu (SHIB) despite rec...
Proposed $3 Million Super Tax Faces Political Resistance and Uncertain Future
December 11, 2024 12:47 PM AEDT| By Team Kalkine MediaHighlights,The proposed $3 million superannuation tax faces strong opposition and uncertain prospects,.,Key concerns include taxing unrealized gains and lack of indexation for the tax,cap.,Political resistance raises doubts about its implementation b...
Kali Metals Discovers 5-Kilometre Gold-In-Soil Anomaly at Marble Bar Project
December 11, 2024 11:42 AM AEDT| By Team Kalkine MediaHighlights,Kali Metals (KM1) uncovers a 5-kilometre gold-in-soil anomaly at its Marble Bar Project,.,Exploration reveals quartz veins with gold grades up to 4 g/t at the Sherman Prospect,.,Historical data combined with recent sampling,showcases,signi...
RBA Holds Firm on Interest Rates as Economic Growth Slows
December 10, 2024 06:00 PM AEDT| By Team Kalkine MediaHighlights,Reserve Bank of Australia holds interest rate steady amid economic challenges.,Australian GDP growth slows, reflecting ongoing financial pressures.,Business confidence declines as households face higher living costs.,The Reserve Bank of Au...
Ethereum’s Performance Faces Resistance Amid Network Slowdown
December 10, 2024 04:22 PM AEDT| By Team Kalkine MediaHighlights,Ethereum (ETH) faced resistance around $4,000 but retains recent gains.,On-chain data suggests bearish signals, including reduced network activity.,Metrics hint at potential short-term declines, with analysts sharing mixed insights.,Ethere...
MDGH Leads the Fight Against River Blindness with Groundbreaking Progress
December 10, 2024 04:09 PM AEDT| By Team Kalkine MediaHighlights,MDGH gains FDA approval for moxidectin to treat river blindness.,Ghana becomes the first river blindness-endemic country to approve moxidectin.,MDGH’s cost-plus pricing ensures affordable treatment for underserved populations.,Medicines De...
Murdoch Family Feud: Court Ruling Halts Rupert Murdoch’s Trust Restructure Plan
December 10, 2024 04:02 PM AEDT| By Team Kalkine MediaHighlights,Nevada court blocks Rupert Murdoch’s attempt to modify the family trust.,Proposed changes aimed to consolidate control under Lachlan Murdoch.,Family tensions spotlighted over political and corporate future.,A Nevada court has blocked Ruper...
Discovering Forex Brokers with Competitive Spreads and Leverage in 2024
December 10, 2024 01:35 PM AEDT| By Team Kalkine MediaHighlights,Exploring Forex brokers offering competitive spreads for popular assets,.,Insights on trading costs and available platforms for Forex trading,.,Detailed analysis of leverage options and features for traders,.,Forex trading often centers ar...
Commodities Surge Amid China's Stimulus Hopes
December 10, 2024 11:41 AM AEDT| By Team Kalkine MediaHighlights,Commodities gain momentum as China signals upcoming stimulus measures,.,Materials sector leads the Australian market with significant growth,.,Lithium and iron ore miners shine in early trading sessions,.,The Australian market experienced...
WTI Crude Oil Prices Climb Amid Middle East Tensions and Economic Shifts
December 10, 2024 11:25 AM AEDT| By Team Kalkine MediaHighlights,WTI crude oil nears $68 amid escalating geopolitical tensions in the Middle East.,Syrian President Bashar al-Assad's downfall fuels uncertainty in regional oil markets.,Market focus shifts to China's potential monetary easing and OPEC+ out...
AI Takes Center Stage: Japan’s Cultural Agency Battles Online Piracy
December 09, 2024 03:28 PM AEDT| By Team Kalkine MediaHighlights,Japan plans to use AI tools to combat online piracy of cultural content.,A pilot program worth $2 million will focus on detecting pirated anime and manga.,AI could transform Japan's ability to protect its booming cultural exports.,Japan, r...
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