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Video
How Kogan Sales surge by more 100% amid coronavirus? | ASX Market Update
June 05, 2020 08:06 PM AEST| By Team Kalkine MediaOnline shopping trader Kogan has reported a surge in sales during April and May even as coronavirus lockdowns restricted activity in the retail sector. Kogan said in a fourth-quarter progress report gross sales were up more than 100 percent from a ye...
Australia's Economy contracted 0.3% in March Quarter | ASX Market Update
June 03, 2020 09:11 PM AEST| By Team Kalkine MediaAustralia's economy contracted 0.3 per cent in the March quarter, according to new economic figures that make it certain the country will officially be declared in a recession in September. Growth in gross domestic product grew just 1.4 per cent in t...
100K Woolies Workers to receive Shares and Vouchers | ASX Market Update
June 02, 2020 07:32 PM AEST| By Team Kalkine MediaNews Corp’s With Her In Mind (Whimn) Network will cease publication on 30 June. In addition, its Sunday magazine lifts out Stellar will combine with the publisher’s other weekend brand Body + Soul from 5 July. The latest changes at one of...
Paypal Sign-Ups Trippled in Australia | ASX Market Updates
June 01, 2020 07:00 PM AEST| By Team Kalkine MediaSignups to PayPal Australia have almost tripled during the COVID-19 pandemic as Australians flock to online shopping, the payments giant says. PayPal said that in April it processed its highest number of transactions and the largest total value of pa...
Playing Season is Knocking Off with the new normal
May 31, 2020 12:00 PM AEST| By Team Kalkine MediaThe mantra has changed from ‘Stay Home’ to ‘Stay Safe’. Yes! Good news seems to be on its way folks. Amidst government’s three-phase economic opening plan, various sports are announcing their come back in the sports and...
OPTUS FY20 Profit falls 39% | ASX Market Update
May 30, 2020 05:52 PM AEST| By Team Kalkine MediaOptus says the full-year net profit delivered to its Singaporean parent company Singtel dropped 39 percent to $402 million as more customers opted for SIM-only phone plans and data price competition intensified. Revenue for the 12 months to March 31...
COVID 19 Treatment or vaccines? What seems more likely?
May 30, 2020 12:00 PM AEST| By Team Kalkine MediaWhat seems more likely, and what could be more beneficial for Covid 19- A treatment or Vaccine? According to WHO data, as on 29 May 2020 (at 7:02 PM CEST), there were more than 5.7 million confirmed cases, and over 357k deaths recorded worldwide. .....
Westpac's Lyn Cobley retires after 30 years | ASX Market Update
May 29, 2020 09:07 PM AEST| By Team Kalkine MediaWestpac head of institutional banking Lyn Cobley is retiring after more than 30 years in banking. She is the third senior executive to leave the bank this month following the departure of consumer division head David Lindberg and chief technology off...
How coronavirus impacted Hotel Occupancy in Australia? | ASX Market Update
May 28, 2020 08:16 PM AEST| By Team Kalkine MediaHotel occupancy rates are forecast to be slashed in half this year as the crippled tourism industry reels from coronavirus. Tourism Accommodation Australia expects occupancies to sit at 40 per cent, down from pre-pandemic levels of about 78 per cent....
Southern Cross (ASX: SXL) which traded at AUD 0.235, UP by 27.027 % | ASX Market Update
May 27, 2020 12:00 PM AEST| By Team Kalkine MediaAmid escalating tension between the US and China and uncertain environment due to the ongoing pandemic crisis, it seems the Australian share market is reflecting the tense environment. The US wants China to take responsibility for not being able to c...
Piaggio won a legal case against a Chinese copycat design | ASX Market Update
May 26, 2020 07:43 PM AEST| By Team Kalkine MediaAPN Convenience Retail has paid $10.2 million for two Coles Express petrol stations in regional Australia. The sites in Gatton in Queensland and Inverell in NSW will join the listed REIT's properties. The properties are leased to Coles and were built...
Australia's exports and imports both pared down in April | ASX Market Update
May 25, 2020 12:00 PM AEST| By Team Kalkine MediaInsurance giant QBE says its exposure to business interruption insurance claims by UK customers will be limited to $US75 million ($A115 million) because of reinsurance. QBE said it usually provides business interruption insurance as part of a broader...
Car Rental Giant filed for Bankruptcy | ASX Market Update
May 23, 2020 09:04 PM AEST| By Team Kalkine MediaFacebook employees will have the option to permanently work from home but can expect a pay cut if they move to less expensive areas to continue the job. Facebook CEO Mark Zuckerberg announced via livestream that he expects about 50 per cent of the co...
Portfolio Positioning and Strengthening | Webinar
May 22, 2020 07:51 PM AEST| By Team Kalkine MediaAs markets continue to experience significant volatility and fluctuations, investors are left with a range of considerations and queries about re-balancing portfolios, possible changes in asset allocation, and what the future market implications of C...
Company Wesfarmers announced up to 167 stores to disappear | ASX Market Update
May 22, 2020 07:44 PM AEST| By Team Kalkine MediaAustralian Target fans are in mourning today after parent company Wesfarmers announced up to 167 stores could disappear forever over the next year. Under the drastic plan, up to 75 Target stores will be closed down while 92 will be converted into Kma...
360 Degree Wrap up on Oil – Supply, Demand, Politics & Policies
May 21, 2020 05:05 AM AEST| By Team Kalkine MediaFalling oil prices, stalling fuel demand in the domestic market and a narrowed profit margin of shuttered refineries explains the current operating scenario of oil and gas companies in Australia.Amid such austere market situation coupled with other p...
Afterpay has signed up 1 million ACTIVE US Customers | Market Update
May 21, 2020 05:00 AM AEST| By Team Kalkine MediaAfterpay says it has signed up 1 million active customers in the US over the past 10 weeks as consumers went online to shop during the coronavirus shutdown, and now has 5 million active customers in the world's largest economy. The buy now, pay later...
Facebook launching 'Shops' on its social Media Platform | Market Update
May 20, 2020 07:55 PM AEST| By Team Kalkine MediaAustralian Agricultural Company (AA Co) has shrugged off a recent ban by China on beef imports from some of its plants, saying it is working with government and industry to respond to the implications. Australia's largest beef producer says its globa...
James Hardie declined to provide annual guidance | Market Update
May 19, 2020 08:30 PM AEST| By Team Kalkine MediaBuilding products manufacturer James Hardie has declined to provide an annual guidance but expects margins in its key North America business to stay resilient despite the coronavirus-related disruptions. The company reported a 6.0 per cent increase i...
Introducing Pental Limited ( ASX : PTL )
May 19, 2020 04:30 PM AEST| By Team Kalkine MediaAustralia’s Consumer Powerhouse- Pental Limited (ASX: PTL) 1- The Consumer Powerhouse • Renowned manufacturer & distributor of home & personal care products across ANZ• With constant product innovation & improvements, PT...
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