News
IFM Investors, HESTA Partner with Splend Group to Boost EV Adoption
January 15, 2025 02:50 PM AEDT| By Team Kalkine MediaHighlights,IFM Investors and HESTA team up for a 49% stake in Splend Group.,Splend is one of Australia's largest electric vehicle fleets, focusing on rideshare electrification.,Investment will support fleet expansion and the development of EV chargin...
Historic Arrest of South Korea’s Impeached President Marks a New Era in Political Turmoil
January 15, 2025 02:36 PM AEDT| By Team Kalkine MediaHighlights,South Korea’s impeached President Yoon Suk Yeol arrested after controversial martial law declaration.,Unprecedented event in South Korea’s history, marking the first arrest of a sitting president.,Impeachment also leads to political instab...
China's Central Bank Boosts Liquidity Amid New Year Cash Crunch
January 15, 2025 02:32 PM AEDT| By Team Kalkine MediaHighlights,China’s central bank injects over $210 billion into the financial system.,The move aims to address cash shortages before Lunar New Year.,Efforts to maintain liquidity support despite pressures on the yuan.,The People’s Bank of China (PBOC)...
Bitcoin and Tech Stocks Show Close Correlation as Inflation Data Looms
January 15, 2025 02:12 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin is showing a heightened correlation with tech stocks, signaling potential market direction.,Strong inflation data could,impact,both the tech sector and digital currency assets.,The performance of the Nasdaq 100 Index (IXIC) may inf...
Surprising December Wholesale Inflation Data Lifts Market Optimism
January 15, 2025 01:13 PM AEDT| By Team Kalkine MediaHighlights,U.S. producer prices rise by just 0.2% in December, surprising economists.,Major,drop in vegetable prices helps reduce inflation pressures.,Market,reacts positively with,modest,uptick in,S&,P 500.,In December, the U.S. wholesale inflation...
How Undervalued ASX Stocks Can Lead to Strong Gains: The "Dogs of the ASX" Strategy
January 15, 2025 12:48 PM AEDT| By Team Kalkine MediaHighlights,Look for undervalued ASX stocks that could see rebounds after a tough period.,Companies going through a management revamp may offer great turnaround potential.,The ASX 200 saw uneven performance in 2024, with a few stocks playing key roles...
Australian Stock Market on the Rise; Baby Bunting (ASX:BBN) Soars Following Strong Profit Report
January 15, 2025 12:45 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,edges higher, driven by gains in real estate stocks.,Property,sector leads the way, with Stockland (,ASX:SGP,) and Mirvac (,ASX:MGR,) showing notable rises.,Baby Bunting (,ASX:BBN,) sees a dramatic 7% surge following...
ACCC Launches Public Inquiry into Uniti's Pricing Amid Customer Concerns
January 15, 2025 11:48 AM AEDT| By Team Kalkine MediaHighlights,ACCC initiates review,on,Uniti's pricing practices.,Opticomm's,fees exceed NBN's by $8 per month.,Interim rules implemented to ensure fair access.,The Australian Competition and Consumer Commission (ACCC) has launched a public inquiry into...
SEC Targets Elon Musk Over Delayed Disclosure of Twitter Stock Purchase
January 15, 2025 11:47 AM AEDT| By Team Kalkine MediaHighlights,SEC sues Elon Musk over delayed Twitter ownership disclosure.,Musk,accused,of underpaying $150M for Twitter stock.,Legal scrutiny intensifies following Musk’s controversial Twitter acquisition.,Elon Musk is facing a legal battle with the U...
ASX 200 Futures Point to Modest Gains Amid Global Market Anticipation of US CPI Data
January 15, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a slight rise of 10 points (+0.12%) as of 8:30 AM AEDT, with the market awaiting pivotal US inflation data.,US markets experienced a choppy session with light volumes, while defensives and rate-sensitive sectors o...
Zenith Minerals Commences Drilling at Dulcie Far North Gold Project
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,A new phase of drilling has commenced at the Dulcie Far North Gold Project.,The program aims to explore extensions and enhance resource estimates.,Drilling outcomes are expected within the year to support project development.,Zenith Miner...
Gold explorers have transformed from unnoticed to highly favored as investors seek valuable opportunities beneath the surface.
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Junior gold miners on the ASX experience significant growth amid rising gold prices.,Market attention shifts towards established and emerging mining companies focused on resource development.,Strategic approaches emphasize deeper explorati...
Is Bitcoin on the Path to Unprecedented Growth in 2024?
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Bitcoin’s price surge aligns with favorable policies from the incoming Trump administration.,Strategic Bitcoin reserves and increased institutional involvement are shaping the crypto landscape.,Macroeconomic conditions could influence Bit...
Cyclone Metals Forms Strategic Partnership with Vale for Iron Bear Project
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Vale commits to funding the Iron Bear project through a structured agreement.,The initiative aims to develop ultra-low carbon iron ore solutions.,Cyclone retains flexibility regarding its equity interest in the venture.,Cyclone Metals, op...
Crypto Market Faces Monumental Unlocking as $3 Billion in Tokens Set to Hit the Market
January 14, 2025 06:18 PM AEDT| By Team Kalkine MediaHighlights,Ondo Finance (ONDO) leads a massive $3 billion unlocking event.,A total of 1.94 billion ONDO tokens will be released by January 18, 2024.,Crypto market faces high volatility risk as several projects prepare for token releases.,This week, t...
Dogecoin (DOGE) Investors Eye New Altcoin Remittix (RTX) with $20 Price Predictions
January 14, 2025 06:13 PM AEDT| By Team Kalkine MediaHighlights,Dogecoin (DOGE) investors are seeking promising altcoins amidst recent price drops.,Remittix (RTX) sees strong presale success and a promising future in global payments.,Dogecoin (DOGE) shows potential for a bounce-back despite recent decl...
Bitcoin ETFs See Record Outflows Amid Brief Dip Below $90K, Ethereum ETFs Follow Suit
January 14, 2025 06:06 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin ETFs recorded $284 million in outflows on January 13.,Ethereum ETFs experience fourth consecutive day of outflows.,BlackRock stands out with inflows in both Bitcoin and Ethereum ETFs.,Bitcoin exchange-traded funds (ETFs) have been...
Sygnum (SGN) Reaches Unicorn Status With $58 Million Funding Round
January 14, 2025 06:00 PM AEDT| By Team Kalkine MediaHighlights,Sygnum (SGN) secures $58 million in funding.,The funding boosts the company’s valuation to $1 billion, marking a major milestone.,Strategic growth plans include expanding into new markets and improving its product offerings.,Sygnum (SGN),...
Miners Propel ASX Higher as Iron Ore Hits $US100; Ingenia Leads the Way
January 14, 2025 05:54 PM AEDT| By Team Kalkine MediaHighlights,Mining sector boosts ASX, with iron ore prices surpassing $US100 per tonne.,Ingenia Communities (INA) climbs 15% after raising financial guidance.,Star Entertainment (SGR) gains 12% amid significant investor interest.,The Australian sharem...
Region Group (ASX: RGN) Reports AUD 17Mn Profit in FY24, Rebounding from FY23 Loss
January 14, 2025 04:37 PM AEDT| By Team Kalkine MediaHighlights,In FY24, RGN’s revenue increased by 0.9% YoY to AUD 380.4 million.,The company achieved a net profit of AUD 17.3 million in FY24, reversing a net loss of AUD 123.6 million in FY23.,RGN maintains AUD 262.4 million in available liquidity wit...
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