News
Blockchain Payments Revolutionizing the Middle East and Africa: Insights from Ripple’s Survey
January 08, 2025 03:26 PM AEDT| By Team Kalkine MediaHighlights,Ripple’s survey shows strong blockchain adoption in the Middle East and Africa.,Digital assets and blockchain-based payments gaining priority in regional markets.,The UAE is emerging as a global crypto hub with stablecoin innovation.,Block...
Crypto Price Prediction: Bitcoin, Ethereum, Ripple Face $560M in Liquidations
January 08, 2025 03:16 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin (BTC) faces critical support levels after pulling back below $100K.,Ethereum (ETH) shows signs of bearish momentum, with $3,000 in sight.,Ripple (XRP) eyeing bullish breakout, but risks a price pullback below $1.96.,The cryptocurre...
Ripple's RLUSD Stablecoin Boosted by Integration with Chainlink’s Secure Pricing Data
January 08, 2025 03:09 PM AEDT| By Team Kalkine MediaHighlights,Ripple (XRP) partners with Chainlink (LINK) to enhance RLUSD stablecoin pricing data.,Chainlink’s decentralized oracle network ensures data accuracy and resistance to manipulation.,Ripple (XRP) aims to expand RLUSD’s cross-chain usability...
Australasian Metals (ASX: A8G) to Expand Exploration with Enuo Resources’ Investment
January 08, 2025 03:06 PM AEDT| By Aditi SarkarHighlights,Enuo Resources to invest AU$0.75 million via a share placement at AU$0.13 per share.,Investment will fund exploration and new project opportunities for A8G.,A8G shares rose by over 5% on 8 January 2025 following the announcement.,Australas...
Historic Tax Fraud Case: First U.S. Citizen Convicted for Bitcoin Tax Crimes
January 08, 2025 03:00 PM AEDT| By Team Kalkine MediaHighlights,The first U.S. citizen faces sentencing for tax crimes tied to cryptocurrency.,A court ruling mandates disclosure of private passcodes linked to $124M in Bitcoin assets.,Ahlgren’s tax fraud case spotlights Bitcoin’s growing relevance in ta...
Citi Stands Firm on its Outlook for No Rate Cut in February Despite Market Speculation
January 08, 2025 02:41 PM AEDT| By Team Kalkine MediaHighlights,Citi sees May as the likely time for RBA rate cut, not February.,Core inflation and low unemployment rates keep the central bank cautious.,Growing market expectations for an earlier reduction.,Recent market speculation suggests that the Re...
The Global Job Landscape by 2030: Unveiling 78 Million New Opportunities & Critical Skills Gap
January 08, 2025 01:42 PM AEDT| By Team Kalkine MediaHighlights,78 million new jobs will,emerge,globally by 2030.,AI, technology, and human resilience skills are critical to workforce transformation.,63% of employers,identify,skills,gap as the biggest barrier to business progress.,The World Economic Fo...
Understanding Australia's CPI Surge and Its Impact on Key Sectors: What You Need to Know
January 08, 2025 01:11 PM AEDT| By Team Kalkine MediaHighlights,CPI climbed by 2.3% over the year to November, slightly surpassing expectations.,Electricity prices,witnessed,a dramatic 21.5% drop, while automotive fuel saw a decrease of 10.2%.,The Reserve Bank is looking ahead to potential rate cuts, d...
Job Vacancies Surge in November as the Australian Job Market Shows Resilience
January 08, 2025 01:09 PM AEDT| By Team Kalkine MediaHighlights,Job vacancies rose for the first time since May 2022.,Customer-facing industries, like arts, recreation, and food services, saw the highest growth.,The South Australian job market outshone others with a notable 17.7% increase.,The Australi...
Catalina Resources (AX:CTN): Laverton Project Delivers Promising Gold and REE Results
January 08, 2025 01:00 PM AEDT| By Sonal GoyalHighlights,The re-analysis and sampling of 1m split samples at Laverton have confirmed a broad supergene gold mineralisation in laterite clay above the bedrock.,Gold Discovery: LVAC049 yielded 28m @ 1.09g/t gold, including 1m @ 9.69g/t gold, confirmi...
ASX Gains Ground as Inflation Cools, Avita Medical Faces Setback
January 08, 2025 12:59 PM AEDT| By Team Kalkine MediaHighlights,Core inflation drops, leading to a recovery in the ASX.,Miners show,strong performance,, while uranium stocks take a hit.,Avita Medical (AVH) downgraded revenue outlook, causing a sharp dip.,The Australian sharemarket saw a positive shift...
Market Outlook: ASX Faces Potential Decline as Wall Street Sells Off Amid Disappointing Economic Data
January 08, 2025 11:54 AM AEDT| By Team Kalkine MediaHighlights:,Australian shares are expected to open modestly lower, with futures showing a reversal of earlier gains. Tech stocks, particularly Nvidia, saw significant declines, following a report showing an ongoing expansion in the services sector in...
Why 2024's Market Winners Should Be the Focus for Investors
January 08, 2025 11:43 AM AEDT| By Team Kalkine MediaHighlights:,MST Marquee recommends sticking to top-performing stocks rather than chasing underperformers in 2024.,The “dogs of the Dow” strategy, once popular, faces challenges in the current market environment.,Some fund managers,remain,optimistic a...
Grant Thornton UK Partners with Cinven for Strategic Growth Investment
January 08, 2025 11:39 AM AEDT| By Team Kalkine MediaHighlights,Grant Thornton UK secures major investment from Cinven, a global private equity firm.,Transaction,set,to close by Q1 2025, enhancing,firm’s,growth trajectory.,Partners will,maintain,significant ownership while gaining financial backing fro...
ASX Poised for Flat Start Amid Inflation Data and Global Market Trends
January 08, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 Futures,indicate,a cautious start with a focus on upcoming inflation data from the ABS.,Global markets faced declines, with US indices reversing gains and European markets showing mixed performances.,Commodities saw varied movemen...
Inflation Concerns and Wall Street Weakness Weigh on ASX: Avita Medical (ASX:AVH) Leads Losses
January 08, 2025 11:17 AM AEDT| By Team Kalkine MediaHighlights,Australian share market opens lower amid inflation concerns.,Avita Medical's guidance downgrade drives a sharp decline.,Mixed performance seen across key sectors and major companies.,The Australian share market experienced a subdued start...
ASX 200 Expected to Decline Amid Rising US Yields and Market Volatility
January 08, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights:,The ASX 200 futures point to a 0.12% decline, influenced by weak US markets and soaring Treasury yields.,US indices, including the S&P 500 and Nasdaq, fell significantly as bond yields climbed to nine-month highs.,Australian inflation dat...
Renascor Resources (ASX:RNU) records 69% jump in revenue and 302% increase in PAT in FY24. What lies ahead?
January 07, 2025 04:46 PM AEDT| By Team Kalkine MediaHighlights,Renascor Resources is advancing its Battery Anode Material (BAM) Project in South Australia to capitalise on increasing demand for graphite driven by energy storage and electric vehicles.,In FY24, Renascor saw a 68.76% increase in revenue...
BlackRock’s $18.4 Trillion Perspective: 3 Key Lessons for 2025
January 07, 2025 04:07 PM AEDT| By Team Kalkine MediaHighlights,BlackRock outlines three key investment lessons for 2025.,Structural mega trends take precedence over business cycles.,Volatility and rapid transformation present both challenges and opportunities.,As 2025 begins, global investment strateg...
2025: China’s Economic Outlook and a Game-Changing Gold Discovery
January 07, 2025 04:00 PM AEDT| By Team Kalkine MediaHighlights,China’s recent gold discovery could reshape its economic trajectory.,Strengthening trade ties between Australia and China foster economic collaboration.,Chinese investments diversify beyond mining into infrastructure and healthcare.,As the...
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