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News
Regal Partners' (ASX:RPL) Bid for Platinum Asset Management Could Expand Phil King's Empire to $29 Billion
September 17, 2024 06:36 PM AEST| By Team Kalkine MediaPhil King’s Regal Partners Limited (ASX:RPL) is on the verge of making a transformative move that could reshape the Australian funds management landscape. The company has made a formal bid to acquire Platinum Asset Management Limited (ASX:PTM), a glo...
Barry Callebaut shares jump after Barclays upgrade on cocoa price easing, cost cut
September 17, 2024 06:21 PM AEST| By InvestingThis article first appeared in Investing.com
Drone Motor Market : Advancements in UAV Propulsion Systems and Market Dynamics 2022 to 2031 | AMR
September 17, 2024 06:15 PM AEST| By EIN PresswireWILMINGTON, NEW CASTLE, DE, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Drone Motor Market" was valued at $2.6...
Automotive Natural Gas Vehicle (NGV) Market : A Sustainable Future for Clean Mobility 2021-2031 | AMR
September 17, 2024 06:15 PM AEST| By EIN PresswireWILMINGTON, NEW CASTLE, DE, UNITED STATES, September 17, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “The global automotive natural gas vehicle ma...
Xero's Share Price Rises Following Syft Analytics Acquisition
September 17, 2024 06:13 PM AEST| By Team Kalkine MediaShares of Xero Limited (ASX: XRO) rose by 2.1% to $147.55 after the company announced its acquisition of Syft Analytics, a global cloud-based reporting, insights, and analytics platform. The deal, valued at up to $US70 million, marks a strategic move...
ASX Rally Faces Key Test with Commonwealth Bank's Dividend Reinvestment Scheme
September 17, 2024 06:12 PM AEST| By Team Kalkine MediaThe Australian Securities Exchange (ASX), buoyed by a strong rally in Commonwealth Bank of Australia (ASX:CBA) shares, faces a potential shift as the bank's highly popular dividend reinvestment plan (DRP) comes to an end. The reinvestment scheme has...
Aluminum Prices Surge After Vedanta Refinery Incident in India
September 17, 2024 06:11 PM AEST| By Team Kalkine MediaAluminum prices saw a significant uptick after reports of an accident at a Vedanta Ltd. (NSE: VEDL) alumina refinery in India. The incident involved the collapse of a water storage pond at the company's Lanjigarh plant, potentially impacting the glob...
Why Xero Ltd (ASX: XRO) and Woolworths Group Ltd (ASX: WOW) Are Worth Watching
September 17, 2024 06:04 PM AEST| By Team Kalkine MediaThe share price of Xero Ltd has surged 30.9% since the beginning of 2024. Meanwhile, Woolworths Group Ltd remains 8.0% shy of its 52-week high. This article explores why Xero and Woolworths might be compelling additions to an ASX stock watchlist.,Xer...
Why ASX Ltd and Wesfarmers Ltd (ASX:WES) Are Key Shares to Watch Now
September 17, 2024 05:27 PM AEST| By Team Kalkine MediaIn 2024, the performance of ASX Ltd and Wesfarmers Ltd has drawn attention. ASX Ltd, the cornerstone of Australia's financial markets, has seen a modest rise in its share price. Meanwhile, Wesfarmers Ltd, a major player in retail and other sectors, h...
UBS Forecasts Significant Upside Potential for Perseus Mining (ASX: PRU)
September 17, 2024 03:58 PM AEST| By Team Kalkine MediaUBS has recently initiated coverage on,Perseus Mining Limited (ASX: PRU),, emphasizing substantial upside potential for the company’s shares. The global investment bank set a target price of,$3 per share,, reflecting an anticipated increase of around...
Renascor Resources (ASX: RNU) share price drops 23% in one year. Here’s why
September 17, 2024 03:39 PM AEST| By Team Kalkine MediaHighlights,Renascor Resources is an ASX-listed group engaged in the discovery and development of graphite, copper, gold, uranium and other mineral assets,In 1HFY24, RNU’s revenue increased by 214.80% YoY to AUD 2.44 million,Keevers (Richard Edward) h...
UBS Lowers Oil Price Forecasts Amid Slowing Global Demand
September 17, 2024 03:27 PM AEST| By Team Kalkine MediaUBS has recently revised its oil price forecasts downward, pointing to weakening global demand as a key factor. This shift in demand is largely influenced by slowing growth in major economies, particularly in markets such as China and Europe. As glob...
Trump Unveils Crypto Initiative Amid Controversies
September 17, 2024 01:58 PM AEST| By Team Kalkine MediaDonald Trump recently made headlines by unveiling a new cryptocurrency initiative, World Liberty Financial, aimed at entering the decentralized finance (DeFi) sector. This venture represents a notable expansion into the digital assets space, characte...
Webjet to Split into Two ASX-Listed Entities Following Shareholder Approval
September 17, 2024 01:52 PM AEST| By Team Kalkine MediaShareholder Approval,Webjet Limited (ASX: WEB) has received overwhelming support from its shareholders for a significant strategic shift. In a decisive vote, over 95% of Webjet’s shareholders approved the company's proposal to demerge into two separa...
Surefire Resources (ASX:SRN) Advances Follow-Up Exploration of Promising Copper-Zinc Zones
September 17, 2024 01:50 PM AEST| By Sonal GoyalHighlights,Follow-up exploration has begun at the Phat Boy prospect, part of the Yidby East project.,Recent soil grid sampling east of the Yidby gold project revealed highly anomalous copper and zinc assays.,Four distinct zones of copper and zinc ano...
Announcement of the Launch of the 'Premium Karate Tour' for Foreign Tourists
September 17, 2024 01:00 PM AEST| By EIN Presswire"Premium Karate Tour" for Foreign Tourists All Japan Championship (Nippon Budokan) Kumite (Ryutaro Araga) Capitol Hotel Tokyu_Guest room01 Emperor's Cup&Empress' Cup TOKYO, JAPAN, September 17, 20...
ASX Peaks Above Previous Record Before Retreating
September 17, 2024 12:15 PM AEST| By Team Kalkine MediaRecord Intra-Day High,On 17,September, 2024 the Australian Securities Exchange (ASX) experienced a noteworthy moment in its trading history, achieving a new intra-day record. At 11:08 AM, the ASX soared to 8148.8 points, surpassing the previous recor...
Iron Ore Prices May Fall to $US80 Amid China’s Steel Sector Crisis, Warns CBA
September 17, 2024 12:14 PM AEST| By Team Kalkine MediaIron ore prices are under significant pressure due to ongoing challenges in the Chinese steel sector, with recent warnings suggesting a potential decline to $US80 per tonne.,Current Market Conditions,According to Commonwealth Bank (CBA), iron ore pri...
Oil Prices Surge Amid Decline in Libyan Exports and Fed Rate Cut Anticipation
September 17, 2024 11:56 AM AEST| By Team Kalkine MediaOil prices experienced a significant uptick as Libyan oil exports continued to dwindle and expectations grew for a more aggressive stance by the Federal Reserve on interest rate cuts.,Oil Price Movements,West Texas Intermediate (WTI) crude saw a more...
Morgan Stanley Analysis Highlights Divergence in Stock and Bond Market Expectations
September 17, 2024 11:55 AM AEST| By Team Kalkine MediaLisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, recently provided insights into the contrasting scenarios being priced into U.S. stocks and bonds. According to Shalett, the current market dynamics reflect significantly dif...
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