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Market updates
Australian Sharemarket Slips Amid Global Interest Rate Outlook
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The Australian sharemarket sees losses across most sectors, with key sectors in the red.,- Bellevue Gold and HMC Capital were among the day’s top movers.,- Multiple company announcements, including deals and leadership changes, influence...
5G Networks Unveils Takeover Bid for AUCyber Amid Strategic Growth Moves
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- AUCyber (CYB) advises shareholders to await further updates on a takeover bid by 5G Networks (5GN).,- 5GN’s offer values AUCyber shares at 11 cents, representing a modest premium to recent averages.,- 5GN continues to expand its portfoli...
Sezzle Refutes Allegations, Reaffirms Confidence in Future Plans
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Sezzle rejects claims made in a recent short report.,- Shares dropped following allegations of insider activity and credit concerns.,- Company reaffirms confidence in its guidance and future outlook.,Sezzle (NASDAQ:SEZL), a prominent pla...
ASX CHESS Outage Delays Settlement Process
December 20, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The ASX CHESS system faces a significant outage, delaying settlement processes.,- Demand and registry transaction processing have been paused due to technical issues.,- Updates on the resolution are expected as efforts to identify the ro...
Cartherics Secures Grant to Propel Ovarian Cancer Therapy
December 19, 2024 06:25 PM AEDT| By Team Kalkine MediaHighlights,Cartherics receives a grant for advancing ovarian cancer therapy.,The funding boosts clinical manufacturing of CTH-401 treatment.,Integrated facility supports seamless transition to human trials.,Cartherics, an Australian biotechnology com...
UniCredit Expands Its Stake in Commerzbank to Strengthen Strategic Position
December 19, 2024 01:56 PM AEDT| By Team Kalkine MediaHighlights,UniCredit has raised its stake in Commerzbank to 28%, with regulatory approval pending for further increase,.,The move does not,impact,UniCredit's ongoing approach to Banco BPM,.,Regulatory scrutiny surrounds UniCredit's strategic investme...
Hindenburg Report Raises Concerns About Sezzle’s Future
December 19, 2024 01:07 PM AEDT| By Team Kalkine MediaHighlights,Sezzle,faces challenges following a critical short report by Hindenburg Research,.,Hindenburg raises concerns over credit losses and insider actions,.,Sezzle's,merchant base and credit provisions draw scrutiny,.,Sezzle (NASDAQ:SZL), a buy...
JET Charge (Private) Secures Major Funding to Power Australia's EV Future
December 19, 2024 12:54 PM AEDT| By Team Kalkine MediaHighlights,JET Charge secures significant funding to expand EV charging infrastructure,.,Equity funding led by sustainable investment firm,Mirova,with multiple partners,.,Growth of Australia's EV market sets the stage for advanced energy solutions,.,...
Australian Oil Insiders Show Confidence Despite Previous Challenges
December 19, 2024 12:52 PM AEDT| By Team Kalkine MediaHighlights,Insiders of (AOK) increased their stakes with notable purchases,.,Recent gains reduced some losses but insider holdings still face challenges,.,Insider ownership aligns leadership interests with shareholders,.,In the past year, Australian...
ASX Set for Significant Drop Amid US Market Plunge and Strategic Moves by Key Players
December 19, 2024 12:22 PM AEDT| By Team Kalkine MediaHighlights,Market Expectations,: ASX 200 futures signal a 1.48% decline following a sharp US market sell-off, spurred by Federal Reserve rate cut adjustments.,Corporate Developments,: Macquarie Group considers a $5 billion sale of,Altafiber,, while B...
ASX Market Faces Decline Amid Global Economic Uncertainty
December 19, 2024 12:13 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,slides as all sectors retreat,.,Mining and technology sectors lead significant losses,.,Australian dollar hits two-year low against the US dollar,.,The Australian sharemarket experienced a sharp decline on Thursday,...
Global Market Ripples: Australian Shares Brace for Sharp Declines Amid Global Turbulence
December 19, 2024 11:28 AM AEDT| By Team Kalkine MediaHighlights,Australian market,anticipates,a notable drop following global market trends,.,Wall Street losses and declining gold and iron ore prices weigh on outlook,.,Federal,Reserve's updated rate outlook fuels uncertainty across sectors,.,Australian...
EU Investigation Targets TikTok Over Alleged Romanian Election Interference
December 18, 2024 06:13 PM AEDT| By Team Kalkine MediaHighlights,The European Commission investigates TikTok's role in Romanian election interference.,Focus on TikTok's algorithm, political ads, and paid content policies.,Broader implications for upcoming EU elections.,The European Commission has launch...
Opposition Backs Faster Gas Projects Amid Rising Energy Concerns
December 18, 2024 04:43 PM AEDT| By Team Kalkine MediaHighlights,Opposition leader advocates accelerated gas project approvals.,Narrabri project delays spotlighted as a key issue.,Victorian gas policy criticized for ignoring supply challenges.,The Opposition has called for streamlined approval and devel...
WA Resources Sector Underlines Critical Role Amid Budget Challenges
December 18, 2024 03:10 PM AEDT| By Team Kalkine MediaHighlights,WA Chamber emphasizes the importance of the resources sector amid government budget challenges,.,Treasury's report reveals a significant decline in mining earnings due to weaker exports and China's slowdown,.,Industry leaders urge policy r...
Market Spotlight: ASX 200 Faces Lower Open Amid Global Uncertainty
December 18, 2024 01:04 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 Futures Signal Decline,: Futures down 12 points (-0.14%) as US markets slide; traders cautious ahead of Federal Reserve rate decision amidst mixed US economic data.,ASIC Targets ANZ, M&A Speculation Rises,: ANZ faces scrutiny over...
ASX Market Update: Wall Street Woes Cast a Shadow Over Aussie Markets
December 18, 2024 12:58 PM AEDT| By Team Kalkine MediaHighlights:,Dow Jones Records Longest Losing Streak Since 1986,- U.S. markets,remain,under pressure amid key economic concerns.,ASX Faces Continued Weakness,- Australian market opens marginally lower as global sentiment sours.,Commodities and Currenc...
Revolutionary MRI-inspired Technology Enhances Landmine Detection
December 17, 2024 06:16 PM AEDT| By Team Kalkine MediaHighlights,Australia introduces groundbreaking landmine detection technology.,New MRI-inspired handheld devices revolutionize mine clearance.,Codan (ASX:CDA) supports the technology’s development and production.,Australia has unveiled a transformativ...
AER Rejects APA Group’s Proposal to Regulate Basslink Transmission Network
December 17, 2024 05:39 PM AEDT| By Team Kalkine MediaHighlights,AER rejects APA Group’s proposal to regulate,Basslink,.,Basslink,will continue,operating,in the open market,.,APA Group expands with new pipeline agreements in Northern Territory,.,The Australian Energy Regulator (AER) has denied APA Group...
Axel REE Uncovers High-Grade Gallium and Rare Earths at Caladão Project
December 17, 2024 05:38 PM AEDT| By Team Kalkine MediaHighlights,Axel REE,reports,high-grade gallium,mineralisation,at the,Caladão,rare earths project,.,Gallium is primarily concentrated near-surface, enhancing economic potential alongside rare earths,.,Significant drilling results highlight thick, high...
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