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Market updates
US Futures Flat as Global Attention Shifts to Federal Reserve Decision
September 16, 2024 06:55 PM AEST| By Team Kalkine MediaAs of 12 PM Sydney time on Monday, US futures for the S&P 500 and NASDAQ are showing minimal movement, with the former up by 0.03% and the latter down by 0.03%. This static performance reflects the current global uncertainty regarding the US economic...
Examining the HUB Share Price in 2024
September 16, 2024 06:46 PM AEST| By Team Kalkine MediaHub24 Ltd has seen a significant increase in its share price, rising by 59.3% since the beginning of 2024. Established in 2007, Hub24 has rapidly emerged as a prominent player in the wealth management sector, offering platforms and software solutions...
Alcoa to Sell $1.6 Billion Saudi Stake in Joint Venture with Ma’aden
September 16, 2024 05:09 PM AEST| By Team Kalkine MediaAlcoa Corporation (NYSE: AA),,one of the world’s leading producers of aluminum, has announced that it will sell its entire 25.1% stake in its joint venture with Saudi Arabian Mining Company (Ma’aden). The deal, valued at $1.6 billion, includes the sa...
Enero Group Appoints Ian Rowden as New Chairman Amid Leadership Changes
September 16, 2024 05:04 PM AEST| By Team Kalkine MediaEnero Group Limited (ASX: EGG),,the global marketing, technology, and communications company, has announced a significant leadership change with the resignation of chairwoman Ann Sherry. She will be succeeded by Ian Rowden, an independent non-executi...
Investors May Be Repeating the Mistakes of the Dotcom Crash: A Cautionary Tale for Modern Markets
September 16, 2024 05:00 PM AEST| By Team Kalkine MediaIn the late 1990s, investor enthusiasm for internet-based stocks reached fever pitch, driving market valuations to extreme heights. As technology companies promised to revolutionize the way the world operated, share prices surged, often detached from...
Gold Surges to Record Highs Amid Anticipation of Federal Reserve Rate Cuts
September 16, 2024 04:50 PM AEST| By Team Kalkine MediaGold prices surged to record highs last week, driven by expectations of an upcoming interest rate cut by the US Federal Reserve, coupled with a weakening US dollar and growing investor interest. Spot gold reached an unprecedented level of $2,585.99 p...
Beyond Bank (ASX:BYD) and P&N Bank (ASX:PNB) Merger Cancelled Amid Leadership Reshuffle
September 16, 2024 04:49 PM AEST| By Team Kalkine MediaThe planned merger between mutual lender Beyond Bank (ASX:BYD) and Perth-based P&N Bank (ASX:PNB) has officially been called off, marking a significant shift in the Australian mutual banking sector. The decision to cancel the merger comes in the wake...
Iron Ore Prices Under Scrutiny Following Disappointing Chinese Economic Data .
September 16, 2024 04:45 PM AEST| By Team Kalkine MediaIron ore, a critical commodity for global steel production, will be closely monitored by investors this week after weaker-than-expected economic data from China has raised questions about the health of the world’s second-largest economy. Over the wee...
Emerald Resources Maintains Production Guidance Despite Wall Slip at Cambodian Mine
September 16, 2024 04:45 PM AEST| By Team Kalkine MediaEmerald Resources (ASX: EMR),,a gold producer operating in Cambodia, has confirmed that it will maintain its output guidance of 25,000 to 30,000 ounces of gold at a grade of 2.0 grams per tonne (g/t) despite a minor wall slip at its Okvau Gold Projec...
ASX Poised to Test Record High as US Federal Reserve Approaches Historic Rate Cut
September 16, 2024 04:40 PM AEST| By Team Kalkine MediaAustralia’s sharemarket is on the verge of setting a new all-time closing high, with investors buoyed by the upcoming interest rate decision from the US Federal Reserve. This follows a period of heightened optimism surrounding the potential for a sof...
Pilbara Aboriginal artists share cultural stories for the 19th Colours of our Country exhibition
September 16, 2024 01:30 PM AEST| By Business WirePERTH, Australia--(BUSINESS WIRE)--Art enthusiasts from Western Australia and beyond are invited to experience the stories and culture of Pilbara Aboriginal artists at the annual Colours of our Countr...
ASX Approaches All-Time High as Austal Soars on New Contract
September 16, 2024 12:08 PM AEST| By Team Kalkine MediaAustralian shares kicked off the week on a strong note, driven by a rally on Wall Street as technology and gold stocks showed impressive gains. The S&P/ASX 200 Index (ASX: XJO) climbed by 0.5%, or 37.6 points, to reach 8,137.5 points. This performanc...
Encounter Resources Reveals New High-Grade Niobium Discoveries
September 16, 2024 11:30 AM AEST| By Team Kalkine MediaEncounter Resources,(ASX: ENR),has released a new batch of highly anticipated niobium assay results from its recent drilling campaigns, which have significantly energized the market and drawn notable interest from investors.,Exciting Niobium Discover...
Auckland Airport to Raise Up to $860 Million, Signs Terminal Contract
September 16, 2024 09:52 AM AEST| By EODHDAuckland International Airport said it would seek to raise up to $860 million to upgrade facilities built some 60 years ago. Continue reading View comments
ASX 200 Near All-Time Highs, Nasdaq Records Best Week Since November 2023
September 16, 2024 09:36 AM AEST| By Team Kalkine MediaThe ASX 200 futures indicated a positive start with a 16-point increase, marking a 0.19% rise as of 8:30 am AEST. This development signals a potential move toward record highs for the index, reflecting the positive momentum seen in global markets.,In...
Cierto Tequila Wins Tequila of the Year at the 2024 Melbourne International Spirits Competition
September 15, 2024 05:59 AM AEST| By Business WirePure, Natural True Tequila Wins Eight Medals in Total NEW YORK--(BUSINESS WIRE)--#CiertoTequila--The Elevated Spirits Company is pleased to announce that Cierto Tequila received eight (8) medals, inc...
Capstone Copper Files Technical Report for Santo Domingo Project
September 14, 2024 10:29 AM AEST| By Business WireVANCOUVER, British Columbia--(BUSINESS WIRE)--Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) (ASX:CSC) has today filed on SEDAR+ a National Instrument 43-101 (“NI 43-101”) compliant tech...
Dermal Fillers Market Insights Report 2024-2029: Increasing Trend of Customization and Personalization, Growing Desire for Long-lasting Injectables, Rising Popularity of Dermal Fillers among Men - ResearchAndMarkets.com
September 14, 2024 12:41 AM AEST| By Business WireDUBLIN--(BUSINESS WIRE)--The "Global Dermal Fillers Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global dermal fillers market is expected to re...
Zambon Announces Publication of Phase 3 PROMIS I and II Study Results in The Lancet Respiratory Medicine Showing Efficacy Results of CMS I-neb in Patients with Non-Cystic Fibrosis Bronchiectasis Colonized with P. aeruginosa
September 13, 2024 10:00 PM AEST| By Business WireInhalation of colistimethate sodium via the I-neb® Adaptive Aerosol Delivery System (CMS I-neb) significantly reduced pulmonary exacerbations and improved quality of life in non-cystic fibrosis bron...
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Gold Prices Surge to Record Highs, Boosting ASX Gold Stocks
September 13, 2024 06:42 PM AEST| By Team Kalkine MediaGold prices reached an all-time high on Friday, following the European Central Bank’s (ECB) interest rate cut and speculation of a modest Federal Reserve rate adjustment in the upcoming policy meeting. This surge in gold prices has significantly impa...
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