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Market updates
Saudi Aramco Expands Presence in Australian LNG Sector Through MidOcean Energy Investment
September 17, 2024 11:44 AM AEST| By Team Kalkine MediaSaudi Aramco the world's largest oil producer, has significantly enhanced its presence in the Australian liquefied natural gas (LNG) sector by increasing its stake in MidOcean Energy. MidOcean Energy, established by U.S. private equity firm EIG, is i...
Chalice Mining’s (ASX:CHN) Gonneville Project Gains Strategic Status, Faces Nickel Price Pressures
September 17, 2024 09:56 AM AEST| By Team Kalkine MediaChalice Mining (ASX:CHN) has been recognized by the Western Australian (WA) government as a ‘strategic project’ under the leadership of Premier Roger Cook. This designation may pave the way for streamlined environmental approvals, as the project play...
ASX 200 Set for Record High as Global Markets Await Fed Decision; Energy and Financials Lead Gains
September 17, 2024 09:52 AM AEST| By Team Kalkine MediaThe ASX 200 is set to open at record highs, with futures trading 53 points higher, representing a 0.65% increase as of 8:30 am AEST. This follows the broader positive momentum seen in the US markets, although certain sectors are facing challenges. Th...
Inseego Announces Sale of Telematics Business For $52 Million in Cash
September 17, 2024 09:05 AM AEST| By Business WireProceeds to Drive Further Deleveraging and Improvement of Capital Structure and Support Company Focus on Driving Growth in 5G Mobility and Fixed Wireless Solutions SAN DIEGO--(BUSINESS WIRE)--#Puttin...
Ewoyaa Lithium Project Receives EPA Permit
September 16, 2024 11:50 PM AEST| By Business WireBELMONT, N.C.--(BUSINESS WIRE)--$PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric ve...
Australia Construction Industry Research 2024: Output to Slow to 2% Growth this Year Due to Rising Insolvencies, Labour Shortages, Material Supply Issues and High Costs - Forecast to 2028 - ResearchAndMarkets.com
September 16, 2024 11:48 PM AEST| By Business WireDUBLIN--(BUSINESS WIRE)--The "Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market A...
Arizona Sonoran Drilling Expands Primary Sulphide Zone Under and Around the Cactus West Pit
September 16, 2024 11:43 PM AEST| By Business WireCASA GRANDE, Ariz. & TORONTO--(BUSINESS WIRE)--$ASCU #Arizona--Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) reports new drill assay results from its infill an...
Auckland Airport Partners with Downer Group's Hawkins for $735 Million Terminal Construction
September 16, 2024 09:20 PM AEST| By Team Kalkine MediaAuckland International Airport Limited (ASX:AIA),has entered into a significant partnership with Hawkins, a subsidiary of,Downer EDI Limited (ASX:DOW),,to oversee the development of a new domestic jet terminal building. The contract, valued at NZ$800...
Woodside Energy US Investor Event Presentation
September 16, 2024 09:13 PM AEST| By EODHDNEW YORK, September 16, 2024--(BUSINESS WIRE)--Woodside Energy Group Ltd (ASX: WDS) (NYSE: WDS) (LSE: WDS): A US investor event providing an overview of the global LNG industry and Woodside’s LNG busi...
Lendlease Divests US Construction Business, Focuses on UK Sale
September 16, 2024 08:48 PM AEST| By Team Kalkine MediaLendlease Group (ASX: LLC), a global property and infrastructure company, has announced the completion of the sale of its US East Coast construction operations to Consigli Building Group, a leading US construction firm. This move is part of Lendlease...
Exciting Moves in the ASX Market: Vanadium and Tech Stocks Making Headlines
September 16, 2024 08:29 PM AEST| By Team Kalkine MediaThe Australian Securities Exchange (ASX) has seen some noteworthy developments recently, particularly with stocks involved in vanadium and innovative technology. Here’s a look at the latest advancements and market reactions.,Vanadium Resources (ASX:...
Auckland International Airport to Raise $1.3 Billion Amidst Airline Tensions
September 16, 2024 08:28 PM AEST| By Team Kalkine MediaAuckland International Airport (ASX: AIA) has announced an ambitious plan to raise NZD 1.4 billion (approximately USD 1.3 billion) from shareholders to support a major capital raising effort aimed at funding extensive upgrades to its facilities. The...
Qantas Increases Ticket Change Fees by 20% Despite Customer-Centric Promises
September 16, 2024 08:27 PM AEST| By Team Kalkine MediaQantas Airways Limited (ASX: QAN) has announced a significant increase in its ticket change fees, raising the cost by 20% starting from October 9, 2024. Under the new fee structure, customers will be charged $119 to change the name, date of travel, o...
P&N Bank Abandons Merger with Beyond Bank Amid RAMS Controversy
September 16, 2024 08:26 PM AEST| By Team Kalkine MediaIn a significant development within the Australian banking sector, Perth-based P&N Bank has decided to cancel its planned merger with Beyond Bank Australia. This decision comes in the wake of revelations about Beyond Bank's Chief Executive, Jake Brom...
Central Bank Meetings in Focus: Fed, BoE, and BoJ Set to Make Key Decisions
September 16, 2024 08:21 PM AEST| By Team Kalkine MediaThis week, pivotal decisions from central banks in Washington, London, and Tokyo are expected to shape the trajectory of global financial markets. The Federal Reserve (Fed), the Bank of England (BoE), and the Bank of Japan (BoJ) are all scheduled for...
Qantas Airways Increases Ticket Modification Fees by 20% Amid Economic Pressures
September 16, 2024 08:20 PM AEST| By Team Kalkine MediaQantas Airways Limited (,ASX:QAN,) has recently announced a significant increase in its fees for modifying tickets, a decision that is expected to impact a large segment of its customer base. Effective from October 9, 2024, the new fee structure will...
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Bank Merger Scrapped Amid Fallout from RAMS Home Loans Controversy
September 16, 2024 08:18 PM AEST| By Team Kalkine MediaIn a significant development within the Australian banking sector, Perth-based lender,P&N Bank (ASX:PBK),has decided to terminate its proposed merger with Adelaide’s,Beyond Bank (Unlisted),. This decision follows revelations regarding Beyond Bank’s C...
US Futures Flat as Global Attention Shifts to Federal Reserve Decision
September 16, 2024 06:55 PM AEST| By Team Kalkine MediaAs of 12 PM Sydney time on Monday, US futures for the S&P 500 and NASDAQ are showing minimal movement, with the former up by 0.03% and the latter down by 0.03%. This static performance reflects the current global uncertainty regarding the US economic...
Examining the HUB Share Price in 2024
September 16, 2024 06:46 PM AEST| By Team Kalkine MediaHub24 Ltd has seen a significant increase in its share price, rising by 59.3% since the beginning of 2024. Established in 2007, Hub24 has rapidly emerged as a prominent player in the wealth management sector, offering platforms and software solutions...
Alcoa to Sell $1.6 Billion Saudi Stake in Joint Venture with Ma’aden
September 16, 2024 05:09 PM AEST| By Team Kalkine MediaAlcoa Corporation (NYSE: AA),,one of the world’s leading producers of aluminum, has announced that it will sell its entire 25.1% stake in its joint venture with Saudi Arabian Mining Company (Ma’aden). The deal, valued at $1.6 billion, includes the sa...
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