News
Australian Stock Market Reacts to Tariff Concerns; Key Sectors Face Pressure
March 04, 2025 12:11 PM AEDT| By Team Kalkine MediaHighlights,ASX,experiences,a decline amid global tariff developments.,Technology and energy sectors,witness,notable pullbacks.,HealthCo,Healthcare & Wellness REIT sees a significant drop after rent payment issues.,The Australian stock market opened o...
U.S. Halts Military Aid to Ukraine Amid Tensions Between Trump and Zelenskiy
March 04, 2025 12:07 PM AEDT| By Team Kalkine MediaHighlights,U.S. military aid to Ukraine has been paused following a dispute between Trump and Zelenskiy.,The pause affects weapons in transit and future military support.,Trump seeks a swift resolution to the war but differs with Zelenskiy on securit...
DigiCo Infrastructure REIT: A Rising Player in the Data Center Boom
March 04, 2025 12:06 PM AEDT| By Team Kalkine MediaHighlights,E&P Capital initiates coverage on,DigiCo,Infrastructure REIT (,ASX:DGI,) with a 'positive' outlook.,Price target,set,at $5.13,,nearly 20%,higher than the last closing price.,Planned data center expansion could significantly enhance value.,...
ASX 200 Faces Downward Pressure as Global Markets React to Tariff Announcements
March 04, 2025 11:01 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 expected to open lower,following Wall Street’s sharp declines amid tariff concerns.,Trump confirms tariffs on Mexico and Canada,, increasing trade tensions.,Volatility index surges,nearly 20%,,,signaling,heightened market uncertai...
How to Address Australia’s Tech 'Quiet Collapse' and Transform into a Smart Economy
March 04, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Industry leaders criticize current funding policies for favoring large corporations over emerging technology enterprises.,Adjusting research and development incentives could strengthen innovation and economic expansion.,Structural reforms...
Bhagwan Marine's impressive revenue performance demonstrates that it's adopting the right strategy.
March 04, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Bhagwan Marine records a significant rise in revenue and earnings, achieving strong financial performance.,The company enhances operational capabilities, successfully completing key marine projects.,Strategic expansion into offshore wind a...
Dimerix Secures Licensing Agreement with FUSO for Kidney Disease Treatment
March 04, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Dimerix receives an upfront payment from FUSO Pharmaceutical Industries for the development and commercialization of DMX-200.,The agreement includes additional development and sales milestone payments, along with royalties on net sales.,A...
Podcast for Explorers: Preparing for Resource Development at Western Queen Gold
March 04, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Rumble Resources (ASX:RTR) is advancing plans to utilize its extensive gold resources amid favorable market conditions.,The company is securing key agreements to facilitate the transition of gold assets into active production.,Significant...
Whyalla Steelworks Faces Financial Struggles: GFG Owed $536M Amid Collapse
March 03, 2025 06:38 PM AEDT| By Team Kalkine MediaHighlights,Major operational disruptions,at,Whyalla,steelworks led to a significant drop in production.,GFG is the largest creditor,, with outstanding dues of $536 million.,Negative media coverage,cited as a factor affecting refinancing plans.,The fi...
ASX Market Close: Australian Investors Engage in Dip Buying, Turning All Sectors Green | March 3, 2025
March 03, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights:,The ASX index climbed, with all sectors closing higher, led by energy and technology.,Boss Energy and Pro Medicus stood out with strong performances, while Malcolm Mines declined.,Market sentiment remained steady despite global trade conc...
BHP Group’s (ASX:BHP) Profit Surges 90% in 1HFY25 Despite Commodity Price Pressures
March 03, 2025 04:24 PM AEDT| By Team Kalkine MediaHighlights,BHP formed a USD 2 billion joint venture with Lundin Mining for copper development in Argentina.,An USD 0.50 per share dividend declared for a six-month period, with a record date of 7 March 2025 and payment date of 27 March 2025.,BHP’s re...
Stocks vs. Real Estate: Which Investment is Superior?
March 03, 2025 03:30 PM AEDT| By Team Kalkine MediaHighlights,The Australian stock market has demonstrated robust performance over the past decades despite its inherent volatility.,Inflation plays a critical role in shaping the dynamics of both the stock and property markets.,Property investments off...
Australian Insurers Face Market Pressure as Cyclone Alfred Approaches Brisbane
March 03, 2025 01:43 PM AEDT| By Team Kalkine MediaHighlights,Australian insurers see declines as Cyclone Alfred nears Brisbane.,The cyclone marks the first to hit Brisbane since 2017.,Authorities warn of potential widespread damage along the East Coast.,Australian insurance stocks faced pressure at...
Australia’s Trade Resilience: A Smart Strategy Against Tariff Challenges
March 03, 2025 01:41 PM AEDT| By Team Kalkine MediaHighlights,Australia’s diplomatic approach has helped overcome,previous,trade restrictions.,Finding alternative markets,remains,a key strength in trade resilience.,Retaliatory tariffs could do more harm than good for the economy.,Australia has faced...
ASX Bounces Back as Market Gains Momentum; Star Entertainment Faces Suspension
March 03, 2025 01:39 PM AEDT| By Team Kalkine MediaHighlights,ASX starts the week strong after recent declines.,Mining and real estate stocks lead the recovery.,Star Entertainment (,ASX:SGR,) trading halted over financial reporting issues.,The Australian stock market rebounded at the start of the wee...
Findi (ASX:FND) Boosts ATM and Payment Network in India with TCPSL Deal
March 03, 2025 01:31 PM AEDT| By Sonal GoyalHighlights,Findi’s subsidiary has acquired Tata Communications Payment Solutions Ltd.,The acquisition adds 4,829 ATMs with plans to deploy additional 3,000, scaling Findi’s presence in India.,The in-house payment switch offers direct access to all In...
ASX Bounces Back as Market Finds Strength; NRW Holdings Faces Pressure
March 03, 2025 01:30 PM AEDT| By Team Kalkine MediaHighlights,ASX recovers from,previous,losses, led by strength in real estate and mining stocks.,NRW Holdings (,ASX:NWH,) drops amid concerns over outstanding payments from,Whyalla,Steelworks.,Pro Medicus (,ASX:PME,) secures a $40 million contract, bo...
Star suspended from ASX trading following unsuccessful deal negotiations and failure to provide financials
March 03, 2025 01:30 PM AEDT| By Team Kalkine MediaHighlights:,Star Entertainment Group Ltd remains suspended from trading on the ASX due to delayed financial reporting and liquidity concerns.,The company faces financial strain due to rising costs associated with its Queen's Wharf development and unr...
New Zealand’s Export Surge Signals Economic Recovery
March 03, 2025 01:27 PM AEDT| By Team Kalkine MediaHighlights,Export volumes rise, outpacing imports in late 2024,Meat and dairy shipments drive economic rebound,Currency depreciation boosts trade competitiveness,New Zealand’s trade landscape saw a notable shift in the final quarter of 2024, with exp...
Instant's Soaring Growth: $157M Valuation After $28.3M Series A Boost
March 03, 2025 12:07 PM AEDT| By Team Kalkine MediaHighlights,Instant secures $28.3M in Series A funding, pushing valuation past $157M.,Company rapidly scales to $1M monthly revenue with plans to triple growth.,Expansion into North America with a stronger product suite on the horizon.,Sydney-based eC...
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