News
OFX (ASX:OFX) Optimistic for 2HFY25, Pledges AUD 1Mn to Expand New Client Platform
January 21, 2025 04:32 PM AEDT| By Team Kalkine MediaHighlights,OFX Group sees a slight increase in corporate revenue in 1HFY25, despite declines in the Net Operating Income (NOI) and underlying EBITDA.,The company is committing an additional AUD 1 million to expand its new client platform in Canada an...
Bitcoin Retreats as Market Awaits Crypto-Friendly Policies Under Trump
January 21, 2025 02:20 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin experiences a retreat from its record highs.,Market,watches,for Trump’s potential executive order on crypto.,Memecoin,unveilings stir market interest amid policy uncertainty,As Bitcoin (BTC) faces a minor retreat from its historic...
Q2 Metals Expands Exploration at Cisco Lithium Project in Canada
January 21, 2025 01:22 PM AEDT| By Team Kalkine MediaHighlights,Q2 Metals to,initiate,an extensive diamond drilling program at Cisco Lithium Project.,The 2025 exploration campaign aims to extend the promising mineralized zones.,Q2 Metals,showcases,project potential at PDAC 2025 in Toronto.,Q2 Metals is...
Trump Delays China Tariffs, Shifts Focus to Global Trade Practices and U.S. Industry Revival
January 21, 2025 12:49 PM AEDT| By Team Kalkine MediaHighlights,Trump postpones immediate China tariffs and calls for an investigation into Beijing’s trade compliance.,The administration’s plan targets global trade policies and currency manipulation.,Effort to rejuvenate U.S. industrial supply chains a...
Who Owns SGH Limited (SGH)? Exploring the Power Balance Among Its Shareholders
January 21, 2025 12:46 PM AEDT| By Team Kalkine MediaHighlights,Private companies hold 52% ownership in SGH Limited (SGH).,Individual investors account for 30% of shares.,The top two shareholders collectively wield majority control.,Understanding the ownership structure of SGH Limited (SGH) provides in...
ASX Gains Momentum as Trump Revisits Trade Policy
January 21, 2025 12:33 PM AEDT| By Team Kalkine MediaHighlights,ASX Rises Amid Trump’s Trade Policy Review,Commodities Gain as US Dollar Weakens,Liontown,Resources (,ASX:LTR,) Reports Major Revenue Surge,The Australian Securities Exchange (ASX) opened higher today, fueled by reports that US President D...
Global Trade Relief Fuels Currency Gains Against US Dollar
January 21, 2025 11:54 AM AEDT| By Team Kalkine MediaHighlights,Key currencies gained strongly against the US dollar, supported by trade optimism.,Avoidance of immediate tariffs sparked a rally in the Mexican peso and Canadian dollar.,Australian and New Zealand dollars showed sharp rebounds from recent...
ASX Rises to Six-Week High: Banks and Miners Drive Momentum
January 21, 2025 11:42 AM AEDT| By Team Kalkine MediaHighlights,ASX touches a six-week high, supported by banks and miners.,(,ASX:LTR,) rallies 8% following a strong production report.,US policy focus and holiday impact trading volumes.,The Australian sharemarket extended its upward momentum on Tuesday...
Exercise Caution with Brickworks (ASX:BKW) and Its Capital Returns
January 21, 2025 11:35 AM AEDT| By Team Kalkine MediaExercise Caution with Brickworks (ASX:BKW) and Its Capital Returns
A Look into NEXTDC Limited’s (ASX:NXT) Strong Growth: Is the Future Bright?
January 21, 2025 11:34 AM AEDT| By Team Kalkine MediaA Look into NEXTDC Limited’s (ASX:NXT) Strong Growth: Is the Future Bright?
The United States and China are supporting a surge in technology, and Australia should follow suit.
January 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Australia's tech expansion into the US is crucial for global success, as demonstrated by companies like Afterpay and Atlassian.,Australia's R&D investment lags behind OECD countries, requiring strategic government action to boost innovatio...
Prodigy achieves outstanding results at Hyperion with test work yielding excellent gold recoveries.
January 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Prodigy Gold achieves high gold recovery rates from oxide and transition samples at Hyperion.,Further metallurgical test work is underway to refine processing techniques for fresh material.,Strategic exploration efforts focus on enhancing...
Airborne Survey Launched at Legacy Minerals' Drake Project
January 21, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Aerial geophysical survey commences at the Drake project for the first time in decades.,MobileMT technology to enhance geological mapping and mineral exploration.,The project area is historically significant for mining operations.,Legacy...
Could These ASX Stocks Be Trading Below Their Fair Value?
January 20, 2025 11:30 PM AEDT| By Team Kalkine MediaHighlights,IT and Real Estate sectors drive today's ASX200 movement.,Duratec, Judo Capital, and Mader Group appear to be priced below assessed fair value.,Earnings growth in service and technical sectors remains robust.,The ASX200 market is currently...
ASX Edges Higher Amid Wall Street Optimism; Key Movers Highlighted
January 20, 2025 07:11 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 rises by 0.45% with most sectors posting gains.,Iress (ASX:IRE) surges following a business divestment decision.,Star Entertainment (ASX:SGR) declines sharply on revenue concerns.,The Australian sharemarket closed in positive terri...
Trump to Invoke National Energy Emergency to Boost U.S. Energy Production
January 20, 2025 06:16 PM AEDT| By Team Kalkine MediaHighlights,Trump to declare a national energy emergency upon inauguration.,Plans to boost domestic oil and gas production on federal lands.,Biden-era climate policies likely to face significant rollbacks.,In a decisive move to reshape America's energ...
Metcash (ASX:MTS) Eyes AUD 15Mn in Cost Efficiencies Through Strategic Acquisitions
January 20, 2025 04:20 PM AEDT| By Team Kalkine MediaHighlights,In early 2HFY25, the company reported an 8.0% YoY increase in total group sales with Superior Foods sales rising by 6.1%.,In 1HFY25, MTS’ sales revenue rose 6.3% YoY to AUD 9,571.6 million, while net profit edged up by 0.6% YoY to AUD 141....
Race for Greenland’s Rich Resources Intensifies as 250+ Companies Compete
January 20, 2025 01:49 PM AEDT| By Team Kalkine MediaHighlights,Over 250 companies are eyeing Greenland’s critical raw materials.,Amaroq Minerals (TSX-V: AMRQ), Critical Metals Corp (CSE: CMET), and Greenhand Resources lead in the competition.,Greenland’s mining potential holds global interest, particu...
VRX Silica (ASX:VRX) Shares Jump on Major Offtake Agreements for Arrowsmith North Silica Sand Project
January 20, 2025 01:41 PM AEDT| By Sonal GoyalHighlights,VRX has secured offtake term sheets with major suppliers in South Korea, Japan, and Taiwan.,The agreements are for the supply of 440,000 tonnes of silica sand annually from the company’s Arrowsmith North Silica Sand Project.,Arrowsmith Nor...
China’s Steel Industry Faces Tough Road Ahead as Production Cuts Loom
January 20, 2025 01:35 PM AEDT| By Team Kalkine MediaHighlights,Steelmakers in China face continued pressure from declining demand.,Domestic consumption,predicted,to plummet drastically by 2030.,More production cuts expected to stabilize the sector's overcapacity.,China's steel industry is facing a dif...
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