News
Global Scam Epidemic: Trillions Lost in 2024, Says Anti-Scam Alliance
November 08, 2024 01:44 PM AEDT| By Team Kalkine MediaHighlights,Scammers stole over US$1 trillion globally in 2024, affecting both developed and developing nations.,A staggering 70% of,scam,victims do not report their losses.,Cybersecurity must improve, as trust in online systems continues to erode.,Sc...
Bitcoin Reaches Record High Amid Interest Rate Cuts and Political Optimism
November 08, 2024 01:42 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin reaches a new all-time high of over $76,000 USD.,Surge driven by recent interest rate cuts from the Federal Reserve.,Positive sentiment surrounding the potential for a friendlier crypto environment under a Trump presidency.,Bitcoin...
How Global Stimulus Measures and Rate Cuts Impact Australian Stocks
November 08, 2024 01:34 PM AEDT| By Team Kalkine MediaHighlights,Australian shares are rising due to global interest rate cuts and China's stimulus signs.,Tech stocks lead the charge, with BHP and gold miners,benefiting,from economic trends.,Afterpay,-owner Block Inc faces a decline despite increased pr...
Surefire Resources (ASX:SRN) Launches Drilling at Yidby Gold Project
November 08, 2024 12:40 PM AEDT| By Sonal GoyalHighlights,Surefire Resources has commenced drilling at the Yidby Gold Project.,The company will drill 12 reverse circulation (RC) holes, totalling 2,500m, to test new targets south and east of the current Yidby mineralisation.,After completing drill...
Trump Administration's Potential Impact on Healthcare Policies and Pharma Oversight
November 08, 2024 12:37 PM AEDT| By Team Kalkine MediaHighlights,Trump’s win could bring shifts in healthcare policies and drug pricing.,Robert F. Kennedy Jr.’s involvement hints at a disruptive health agenda.,Changes may affect the FDA, M&A oversight, and drug pricing approaches.,With Donald Trump’s re...
Imugene (ASX:IMU) expands azer-cel Phase 1b clinical trial with first site in Australia
November 08, 2024 12:19 PM AEDT| By Team Kalkine MediaHighlights,The first Australian site for the azer-cel Phase 1b trial is now open.,Patient recruitment will start at Royal Prince Alfred Hospital in Sydney in November 2024.,The azer-cel Phase 1b trial is currently the only allogeneic CAR T-cell trial...
Block Inc. Faces Market Dip Despite Strong Quarterly Performance
November 08, 2024 11:10 AM AEDT| By Team Kalkine MediaHighlights,Block Inc. reports a 19% profit,increase, but,shares decline.,Revenue reached $3.37 billion in the September quarter.,US-listed shares face pressure from unmet market expectations.,Block Inc. (NYSE: SQ), the owner of popular payment platfo...
Aussie Stocks Up on China Stimulus; Mixed Results for Block, ANZ
November 08, 2024 10:57 AM AEDT| By Team Kalkine MediaHighlights,ASX rises as China's potential stimulus boosts market sentiment.,Block Inc,misses,earnings expectations,,impacting,stock performance.,ANZ reports an 8% decline in annual profits amid strong banking competition.,Australian shares have surge...
Market Update: Trump Enthusiasm Boosts ASX as Energy Leads, Real Estate Lags
November 07, 2024 04:54 PM AEDT| By Team Kalkine MediaHighlights,Trump victory sparks global market reactions; ASX rises slightly.,Energy sector performs well; Real Estate sector impacted by rate sensitivity.,Sigma-Chemist Warehouse merger receives ACCC approval, boosting Sigma shares.,The recent US pre...
Australian Dollar Rebounds Amid Hopes for China’s Economic Stimulus Measures
November 07, 2024 04:11 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar recovers, surpassing US66¢ mark.,Chinese stimulus speculation supports global currency movements.,Potential Fed rate cut influences the dollar’s outlook.,The Australian dollar (A$) saw a significant rebound, climbing past...
China’s Iron Ore Imports Rise in October, Boosting Global Demand Outlook
November 07, 2024 04:06 PM AEDT| By Team Kalkine MediaHighlights,China’s iron ore imports in October increased by 4.9%.,Total imports reached over 103 million metric tons for the month.,Imports for the first ten months of 2024 amounted to 1.023 billion tons.,China’s demand for iron ore continues to show...
ASX Rises as Mining Stocks Climb on China Stimulus Hopes Amid Mixed Market
November 07, 2024 03:54 PM AEDT| By Team Kalkine MediaHighlights,ASX gains slightly, led by energy and mining sectors on China stimulus hopes.,Banking sector mixed as rate-sensitive stocks face pressure.,Sigma Healthcare and,Neuren,post significant gains following positive developments.,Australian stock...
Catalina Resources (ASX:CTN) launches diamond drilling to explore gold potential at Rock Lodge
November 07, 2024 03:05 PM AEDT| By Sonal GoyalHighlights,Catalina Resources has launched a diamond drilling program at the Rock Lodge Project.,The program focuses on deeper angled diamond drill holes o expand on previous findings.,Significant mineralised zones were identified during the 2022 RC...
Federal Reserve Independence Faces Potential Shift Under Trump Administration
November 07, 2024 02:10 PM AEDT| By Team Kalkine MediaHighlights,Federal Reserve's independence questioned amid Trump’s economic policy stance.,Trump’s view on influencing Fed’s interest rate decisions sparks debate.,Fed’s autonomy historically tied to stable economic policy and inflation control.,The i...
IVE Group Joins Seamless in Pioneering Circular Uniform Solutions
November 07, 2024 02:08 PM AEDT| By Team Kalkine MediaHighlights,IVE Group partners with Seamless to promote sustainable uniforms.,First uniform supplier to join Australia's clothing stewardship scheme.,Seamless aims for a circular fashion industry by 2030 with industry leaders.,IVE Group, a prominent d...
U.S. Stocks Rally to Record Highs Following Trump’s 2024 Presidential Win
November 07, 2024 02:05 PM AEDT| By Team Kalkine MediaHighlights,U.S. stocks reach record highs with major indices surging.,Tesla, JPMorgan Chase, and Wells Fargo see significant gains.,Bitcoin soars past $76,000 amid expectations of relaxed regulation.,U.S. stock markets experienced a strong rally on W...
Bounty Oil & Gas (ASX: BUY) Increases Oil Reserves and Outlines Drilling Plans for 2025
November 07, 2024 01:46 PM AEDT| By Aditi SarkarHighlights,Bounty Oil & Gas NL recorded oil revenue of AU$309,000 for the September quarter.,Oil development at the Naccowlah Block is advancing, with drilling plans for the Watson/Watkins and Jackson Field reserves set for 2025.,Bounty acquired 100%...
Cannindah Resources (ASX:CAE) Highlights Significant Resource Upgrade in Latest Quarterly Report
November 07, 2024 01:37 PM AEDT| By Aditi SarkarHighlights,Cannindah Resources announced a notable upgrade to the mineral resource estimate (MRE) at its flagship Mt Cannindah project during the September quarter.,The company completed a capital raise of AU$5 million.,Additional drilling is planned...
ASX Slips as Property Sector Pulls Back Amid Mixed Results
November 07, 2024 12:50 PM AEDT| By Team Kalkine MediaHighlights,ASX edges lower due to declines in,property,sector despite gains in other sectors.,National Australia Bank posts mixed results, while big miners show slight advances.,Sigma Healthcare soars on regulatory approval for a key merger.,Australi...
APRA Seeks Industry Feedback on Adjustments to Reinsurance Framework
November 07, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,APRA proposes updates to reduce regulatory strain on insurers.,Focus on enhancing access to diverse reinsurance options.,Industry consultation aimed at refining reinsurance requirements.,The Australian Prudential Regulation Authority (APRA...
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