Market updates

Block Inc. Positioned for Growth in Digital Payment Market
November 15, 2024 12:43 PM AEDT | By Team Kalkine MediaHighlights,Block Inc. seen as competitively valued in the digital payments sector.,Significant gross profit growth reported alongside optimistic proje...

Australia’s Geopolitical Crossroads: US or China? Howard Marks Weigh...
November 15, 2024 12:40 PM AEDT | By Team Kalkine MediaHighlights,Howard Marks discusses Australia’s potential geopolitical choices between the US and China.,Oaktree’s Marks notes Chinese economic challeng...

ASX Gains as Utilities and Real Estate Stocks Surge: APA Group, Lend...
November 15, 2024 12:36 PM AEDT | By Team Kalkine MediaHighlights,ASX 200 rises with utilities and real estate sectors showing,strong performance,.,APA Group and Lendlease drive sector gains.,Perpetual and...

OakTree Capital’s Perspective on U.S. Sharemarket Stability
November 15, 2024 12:04 PM AEDT | By Team Kalkine MediaHighlights,OakTree's Howard Marks discusses ongoing rally in the U.S.,sharemarket,.,Marks,links,stock performance to economic health, not just preside...

Tencent Music Shows Robust Growth as China’s Streaming Sector Expand...
November 15, 2024 11:38 AM AEDT | By Team Kalkine MediaHighlights,Tencent Music gains traction as China's streaming industry evolves.,Unique position due to significant ownership and strategic buybacks.,Co...

Wellcome Trust Chief Projects Low Interest Rates Won't Return Soon
November 15, 2024 11:33 AM AEDT | By Team Kalkine MediaHighlights,Wellcome,Trust’s chief predicts no return to low interest rates seen pre-2022.,Higher rates expected to,impact,asset valuations and private...

ASX Set for a Positive Open Following Stable US Inflation Data and M...
November 14, 2024 05:19 PM AEDT | By Team Kalkine MediaHighlights,ASX poised for a higher open following steady inflation news from the US.,Orica Ltd reports robust financials with significant earnings gro...

Australian Market Rises as Tech and Banking Rally, Mining Mixed
November 14, 2024 04:31 PM AEDT | By Team Kalkine MediaHighlights,ASX closes higher as technology and banking sectors gain momentum.,Xero shines with impressive earnings growth, boosting tech sector.,Minin...

Seek Ltd Offers to Acquire Xref for A$41M, Board Backs the Deal
November 14, 2024 03:30 PM AEDT | By Team Kalkine MediaHighlights,Xref Board endorses Seek’s acquisition proposal.,Offer price of 21.8 cents per share values Xref at A$41 million.,Xref directors unanimousl...

NSW Approves HumeLink Project to Strengthen Regional Power Network
November 14, 2024 02:58 PM AEDT | By Team Kalkine MediaHighlights,NSW approves the HumeLink project to support Snowy 2.0 power transmission.,Project brings 1,600 construction jobs and $6.3 billion in regio...

Tech Surge and Banking Gains Propel ASX Higher Amid Market Adjustmen...
November 14, 2024 02:18 PM AEDT | By Team Kalkine MediaHighlights,Technology and banking sector gains lifted the ASX.,Major iron ore drop impacts mining stocks.,Mixed performance across companies in spotli...

Copper Market Uncertain Amid Trade Policies and Global Manufacturing...
November 14, 2024 02:12 PM AEDT | By Team Kalkine MediaHighlights,Copper price forecast lowered amid trade policy uncertainty and China stimulus concerns.,Elevated tariffs and weak global manufacturing sen...

Shell’s Legal Victory in The Hague Highlights Shifting Climate Polic...
November 14, 2024 01:49 PM AEDT | By Team Kalkine MediaHighlights,Dutch appeals court overturns Shell's carbon reduction mandate, citing government responsibility.,Ruling reflects the complex role of court...

Tech and Bank Gains Propel ASX; Nufarm Surges Amidst Mixed Earnings
November 14, 2024 12:30 PM AEDT | By Team Kalkine MediaHighlights,Australian sharemarket rises on gains in tech and banking sectors.,XRO climbs 6.4% on strong earnings, boosting the tech sector.,NUF surges...

Australian Stocks Climb as Tech Sector Shines; Xero Up, Orica Down
November 14, 2024 11:32 AM AEDT | By Team Kalkine MediaHighlights,Australian shares opened with gains, boosted by technology sector performance.,XRO rose 5% following impressive earnings growth.,ORI faced...

Will Bitcoin's Momentum Continue After Trump’s Crypto Support?
November 13, 2024 05:36 PM AEDT | By Team Kalkine MediaHighlights,Bitcoin's price surged after President-elect Donald Trump’s endorsement of crypto.,Market eyes future regulatory moves amid Trump's focus o...

AGM Season: A Crucial Time for Shareholder Engagement and Corporate...
November 13, 2024 04:14 PM AEDT | By Team Kalkine MediaHighlights,AGMs serve as essential forums for shareholder and company engagement.,Executives discuss key resolutions, future goals, and respond to sha...

How US Dollar Surge Affects Australian Dollar and Commodity Markets
November 13, 2024 03:50 PM AEDT | By Team Kalkine MediaHighlights,US dollar gains impact global financial markets.,Australian dollar slips near three-month low.,Commodities, especially gold, face downward...

Is Apple Facing EU Crackdown on Geo-Blocking? Snapchat's AI Bot Stir...
November 13, 2024 02:52 PM AEDT | By Team Kalkine MediaHighlights,Apple urged to address geo-blocking on its digital services in the EU.,EU,initiative aims to create consistent access across the digital ma...

China Expands Stimulus Amid U.S. Trade Tensions, Australian Markets...
November 13, 2024 02:50 PM AEDT | By Team Kalkine MediaHighlights,China increases economic support to counter slowing growth and U.S. trade challenges.,U.S. trade policies could,impact,China’s economy, wit...