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News
Covid-19 Impact: Leading Banks in the UK Braced for Losses
August 03, 2020 11:10 PM AEST| By Team Kalkine MediaSummary Full year 2020 impairment charge of NatWest bank is likely to be in the range of £3.5-4.5 billion due to a gloomy UK outlook HSBC's PBT plummets 65 per cent amid coronavirus downturn The country’s struggling banks point out.....
As Canada Props Economy, Loonie Gathers Fragile Strength
August 03, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The Canadian dollar touched a three-year low against the US dollar in March as the pandemic decimated markets The currency is gently gaining grounds, with loonie trading at 0.74x times the US dollar by end of second quarter Canada&rsqu.....
UK House Price Growth Rate in July Breaks A 11 Year Record
August 03, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The nationwide house price index rose by 1.7 per cent in July, which is the highest monthly leap in prices since August of 2009 when the market was recovering from the financial crisis Bank of England had also reported that the mortgage.....
Market Update: S&P/ASX200 Lost 2.2% in One Month: What Investors Need to Know
August 03, 2020 09:34 PM AEST| By Team Kalkine MediaOn 3rd August 2020, the equity market of Australia ended in red, and the benchmark index S&P/ASX200 experienced a fall of 1.7 points and stood at 5926.1. During the last one month, the index has lost 2.2%. S&P/ASX 200 Consumer Discretionary (...
Impact of social distancing on travel, hospitality, and luxury businesses
August 03, 2020 09:06 PM AEST| By Edita IvancevicMarch 2020 was the turning point for many people around the world. World Health Organisation (WHO) declared a new global pandemic, meaning the new disease is active on the whole planet. One of the many questions that folks started asking themselves.....
Lens Through Invictus Energy’s Robust June 2020 Quarterly Activities Report
August 03, 2020 08:38 PM AEST| By Team Kalkine MediaSummary Independent oil and gas exploration company, Invictus Energy has been concentrating on high impact energy resources which are based in sub-Saharan region of Africa. Currently developing the Cabora Bassa Project, IVZ’s portfolio co.....
Stock Prices to Watch – SEK, AMP, NWL, CGF, IFN, MFG
August 03, 2020 07:36 PM AEST| By Kunal SawhneySummary The level of COVID-19 impact on different businesses has provided direction to many companies to devise strategies and adopt measures to ride through the crisis. Seek Limited has provided its capital management update; It has decided no.....
RC Drilling Reinforces Enormous Potential at Platina Resources' Munni Munni PGM Project
August 03, 2020 07:13 PM AEST| By Team Kalkine MediaAustralia-based Platina Resources Limited (ASX: PGM) has updated on the completion of a reverse circulation (RC) drilling program at its 30 per cent owned Munni Munni platinum group metals (PGM) project near Karratha in Western Australia......
Spotlight On Freedom Foods; Taps Advisor for Potential Capital Plans
August 03, 2020 06:35 PM AEST| By Team Kalkine MediaSummary Shares of Freedom Foods Group remain in trade suspension as it continues with investigations into accounting matters, inventories, financial needs and capital position. Over the past years, the company has been investing heavily in its .....
REFFIND Releases June Quarter Report, A Productive Period for Flagship WooBoard
August 03, 2020 06:15 PM AEST| By Team Kalkine MediaSummary REFFIND has been actively engaged in identifying commercial opportunities for its flagship offering WooBoard, an intelligent employee recognition platform. During the June quarter, average number of new trial accounts per month on the p.....
Iron Ore Prices Poised to Weather the Supply Normalcy Storm?
August 03, 2020 04:44 PM AEST| By Team Kalkine MediaASX-listed iron ore stocks such as Fortescue Metals Group Limited (ASX:FMG), BHP Group (ASX:BHP), Rio Tinto Limited (ASX:RIO) have been gung-ho on back of a strong rally in iron ore prices across the global front, primarily due to high demand from .....
Mental Health Claims Likely to Go Up; Are Insurance Firms Ready?
August 03, 2020 03:22 PM AEST| By Team Kalkine MediaSummary While we have monetary reforms taking care of economic conditions and hospitals servicing physical ailments, mental distress is emerging as major challenge with Australians experiencing anxiety, worry, or fear. According to a Financial .....
Gold- A Sprinter in the Marathon, Is the Price Rally Sustainable?
August 02, 2020 12:25 AM AEST| By Team Kalkine MediaGold spot has been in a marathon with a generally positive trend for the past few years; however, the onset of the year 2020, saw the outbreak of COVID-19 pandemic across the globe. In this context gold’s relevance as a hedge has come to fore.....
Are We in a Messed-up state in the Fight Against COVID-19?
August 02, 2020 12:10 AM AEST| By Team Kalkine MediaSummary COVID-19 has emerged as the most challenging thing for the world that has taken severe charge over global economics as well as society. Major economies have felt severe repercussions due to the pandemic with the US GDP tumbling by 32.9%.....
How the struggling US economy is affecting geographies worldwide
August 02, 2020 12:00 AM AEST| By Team Kalkine MediaSummary The US reported 32.9% dip in its Gross Domestic Product in the second quarter of 2020, signalling a historic plunge in the economic activity. US economic worries in the face of COVID-19 crisis seem to be further accentuated by tra.....
US Economy Charter and Dow Jones: Economy shrivels while stocks are under spotlight
August 01, 2020 01:37 AM AEST| By Team Kalkine MediaSummary On 30 July, both Dow Jones and S&P 500 indices fell 0.85% and 0.38%, respectively, prompted by worst fall of 32.9% in the US GDP numbers in Q2 period, highlighted by Bureau of Economic Analysis. Sharp plunge in consumer spending was.....
Stocks Under Discussion: Super Retail, Prospa, iSignthis
August 01, 2020 12:48 AM AEST| By Kunal SawhneySummary Super Retail Group witnessed growth of 4.2% in total sales in the 52 weeks to 27 June 2020 with successive increase in sales in June from April and May. Australian business loan provider, Prospa Group, considering economic impacts of t.....
August 2020 Earnings Season Set to Rock the Investors’ Watchlist: What lies Ahead for the Travel Sector?
August 01, 2020 12:08 AM AEST| By Team Kalkine MediaWhile the US Q2 2020 earnings season failed to cheer investors so far amid mixed impact of the COVID-19 pandemic on companies’ profits, all eyes are now glued to Australia’s August 2020 earnings season that is expected to unfold as a ma.....
Market Update: S&P/ASX200 Ended in Red; SUL Rose by 9.494%
July 31, 2020 11:00 PM AEST| By Team Kalkine MediaAt the close of the trading session on 31st July 2020, equity market of Australia ended in red. The benchmark index S&P/ASX200 witnessed a decline of 123.3 points to 5927.8. The index has lost 1.60% during the last five days. S&P/ASX 200 Cons...
China and Taiwan- The Emerging Catalyst In the Global LNG Demand Growth Curve
July 31, 2020 09:12 PM AEST| By Team Kalkine MediaSummary The global LNG trades are moving at rabbit’s pace, with total trades reaching 348 million tonnes in 2019, leading to a supply rush, which is now dependable on China and Taiwan imports and energy policies. Both China and Taiwan are.....
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