AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Economy
Japanese Exports face the Steepest Plunge as Economy sinks into Recession
July 21, 2020 02:29 PM AEST| By Team Kalkine MediaSummary Japan’s economy slipped into recession in May, with a contraction in GDP by 3.4% annually in Q1 2020, followed by a 7.3% plunge in the previous quarter. Exports plunged 26.2% in June from a year ago as overseas demand for cars, an.....
Double-dip Recession: A possibility in the US?
July 20, 2020 08:28 PM AEST| By Team Kalkine MediaSummary The resurgence of COVID-19 cases in some nations worldwide along with the US has sparked fears and risk of another global economic downturn. The rapid acceleration of coronavirus cases in the US is threatening the economic recovery of t.....
Will Australia experience a surge in Voluntary Administration once financial stimuli lapses?
July 20, 2020 05:24 PM AEST| By Team Kalkine MediaSummary The COVID-19 Pandemic has disrupted business activities leading to a significant business loss in many sectors primarily hospitality, tourism, airlines, and retail industry, pushing operators towards insolvency Government stimulus progr.....
Wuhan- A Classic example for how economies can get back on track post-pandemic
July 20, 2020 11:07 AM AEST| By Team Kalkine MediaThe terrible disarray overwhelming the world can indubitably be attributed to COVID-19 pandemic, causing market and economic havoc. Amid such perturbed situation preoccupying most governments and agencies, Wuhan which earlier became the epicenter .....
June jobless rate climbs to 7.4% despite addition of 210,800 jobs
July 16, 2020 09:11 PM AEST| By Kunal SawhneyAustralian market slid into negative territory after opening the day at higher note, as investors absorbed data reflecting a higher jobless rate for June. The benchmark index S&P/ASX200 was down by 0.69%, and settled at 6010.90 points, on 16 Ju.....
.jpg)
A glance at Chinese Economy: rebounding or stalling?
July 16, 2020 06:36 PM AEST| By Team Kalkine MediaSummary Though economically China showcases progress, geopolitically China is garnering backlashes across the world, especially from the US for its recently imposed National Security Law on Hong Kong. China’s relationship with the US reac.....
Bells ringing around a Technical Recession for Economies across the Globe
July 16, 2020 04:32 PM AEST| By Team Kalkine MediaSummary Global economy has suffered a massive blow due to coronavirus pandemic and is facing its worst and deepest recession since World War 2. Singapore’s GDP dived by a record 41.2% in 3 months to June on QoQ basis, entering into a tech.....
Canada’s Bright Spots Amid COVID-19: The Gradual Return of Investments in Sunshine Sectors
July 16, 2020 12:00 PM AEST| By Team Kalkine MediaCanada’s economy and employment has been decimated by containment measures enforced to curb the spread of the coronavirus. In days following the lockdown, the country’s economy entered a recession and markets crashed, wiping off investo.....
The new JobKeeper might cause bankruptcies for businesses
July 15, 2020 05:45 PM AEST| By Team Kalkine MediaSummary With the end date of the government’s wage subsidy program approaching in September, businesses have been warned that the incentive could make them go bankrupt. The Federal government has pledged some form of income support for th.....
Bank of Canada keeps benchmark rates intact, says full economic recovery unlikely before 2022
July 15, 2020 12:37 PM AEST| By Team Kalkine MediaThe Bank of Canada will maintain its current benchmark interest rate until the “two percent inflation target is sustainably achieved”, said central bank Governor Tiff Macklem while discussing the Monetary Policy Report (MPR) in a teleco.....
Consumer Spending and Confidence dips due to COVID-19 outbreak in Victoria
July 14, 2020 10:25 PM AEST| By Hina ChowdharyThe condition of Australian economy now depends on how well the virus cases can be controlled in Victoria, as businesses and consumer sentiments, combined with consumer spending have started dwindling amid rising fears of the second wave. The surge.....
Australia's Stance on Hong Kong Extradition Treaty
July 13, 2020 07:22 PM AEST| By Team Kalkine MediaSummary When the world is struggling hard due to the pandemic, China seems to be cornering itself on various fronts. Australia has suspended its extradition treaty with Hong Kong due to a new security law imposed on the city by China. Go.....
V-shaped trajectory for economy unlikely while stocks approach closer to reporting season
July 13, 2020 06:11 PM AEST| By Team Kalkine MediaSummary Leading indicators in most of the developed nations and emerging markets have returned to relatively better levels, but a widespread lockdown remains a major risk to the economic outlook. With Melbourne going for a six-week shutdown, th.....
Will Potential Travel Bubbles Bring a Stroke of Luck for Australian Travel Industry?
July 12, 2020 12:00 AM AEST| By Team Kalkine MediaThe year 2020 is just halfway through, and the world has already gone through numerous hardships, ranging from airplane crashes, bushfires, Hong Kong-China spat, earthquakes and the gravest of all – COVID-19 Pandemic. While there is hardly an.....
Australia at risk of next wave of infections, Victoria announced $534m business support package
July 11, 2020 01:31 PM AEST| By Team Kalkine MediaSummary Victoria announced $534 million support package for affected businesses by Melbourne’s 6-week lockdown. Package includes funds for hospitality, tourism, mental health and small companies to ensure the survival of these businesses .....
Australia Covid-19 restrictions, What is allowed and what is not
July 09, 2020 07:12 PM AEST| By Team Kalkine MediaSummary Amid the rising number of new cases in the Victoria state, stage 3 lockdown restrictions to stay at home has been in force from 8 July to 19 August 2020. The stock market dipped after Victoria lockdown announcement on Tuesday; however t.....
Coronavirus Spikes Canada’s Fiscal Deficit To C$ 343.2 Billion; Markets Tread Cautiously
July 09, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Canada’s fiscal deficit soared to C$ 343.2 billion or nearly 16% of the economic output as the spending on coronavirus-related programs went up Much of the COVID support will be financed through new C$ 409 billion bond programs M.....
Has the Sports industry dodged the COVID-19 Ball?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary The Covid-19 related restrictions have impacted all kinds of sports, and major events such as Olympics and Paralympics have been postponed Australia's National Cabinet has released National Principles for the Resumption of Sport and Rec.....
First in the league: Australia's Green Bond Fund in Ethical Investment Market
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Clean Energy Finance Corporation (CEFC) has pledged to put in at least $70 million to a fund of green bonds that are first of a kind in Australia. The practice of adopting ESG framework has been rising while making any investment decisi.....
Housing values fall and auction rates go lower as pandemic fears hang around
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary As per the latest report, auction volumes have dropped, and clearance rates have stayed bleak due to rising coronavirus cases, and school holidays that have drawn upon the housing market. A preliminary clearance rate of 65.1% was record.....
Advertise your brand on Kalkine Media