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News
The Future of Crypto: Portal Asset Management’s Approach to Digital Asset Investment
February 21, 2025 02:36 PM AEDT| By Aditi SarkarHighlights,Since its inception in 2009, Bitcoin has evolved into a globally traded, highly liquid, and widely recognised asset.,Portal Asset Management offers risk-managed access to digital assets through its Portal Digital Fund and Radiance Multi-St...
Tencent Cloud Supports Fusion Bank's Successful Launch of a Next-Generation Core Banking System
February 21, 2025 02:33 PM AEDT| By CisionThe bank's seamless upgrade, completed in just 10 months, sets a new benchmark for core banking transformations in Hong Kong HONG KONG, Feb. 21, 2025 /PRNewswire/ -- As digital transformation accelera...
CoStar's Acquisition Move Reshapes Real Estate Advertising
February 21, 2025 02:30 PM AEDT| By Team Kalkine MediaHighlights:,The proposed acquisition of Domain by CoStar is influencing the competitive landscape in real estate advertising.,Market reactions have reflected shifts in share values for both Domain and its competitors.,Operational changes could impact...
ASX Market Update: RBA Remarks and Consumer Discretionary Decline Drive Market Downward
February 21, 2025 02:30 PM AEDT| By Team Kalkine MediaHighlights:,The ASX200 recorded a slight decline, influenced by monetary policy commentary and sector-specific movements.,Utilities and Materials sectors showed upward movement, while Consumer Discretionary stocks faced a downturn.,Company announceme...
Is Portal Asset Management Redefining Digital Currency Investment Strategies
February 21, 2025 02:29 PM AEDT| By Aditi SarkarHighlights,In January 2024, the US SEC approved Bitcoin ETFs, bridging traditional finance with digital assets.,Portal Asset Management specialises in crypto assets, offering operationally robust, risk-managed investment solutions.,The Radiance Fund,...
Powering the Future: ARENA Backs Livium’s Breakthrough Battery Cathode Technology
February 21, 2025 01:58 PM AEDT| By Team Kalkine MediaHighlights:,ARENA commits $30 million to advance cathode technology development.,Livium’s,(ASX:LIT) subsidiary VSPC to build a new demonstration facility in Brisbane.,The project aims to enhance battery performance and strengthen domestic supply chai...
Western Australians Show Growing Support for Uranium Mining
February 21, 2025 01:54 PM AEDT| By Team Kalkine MediaHighlights,New poll,indicates,increasing public support for lifting the uranium mining ban in Western Australia.,Survey reveals economic and environmental benefits resonate with respondents.,Potential for Western Australia to become a major global ur...
IOC and TCL announce long-term global TOP Partnership through to 2032
February 21, 2025 01:53 PM AEDT| By CisionBEIJING, Feb. 21, 2025 /PRNewswire/ -- The International Olympic Committee (IOC) today announced a Worldwide Olympic Partnership with global technology company TCL through to 2032. TCL will be the off...
China's 'Sputnik Event'
February 21, 2025 01:48 PM AEDT| By Team Kalkine MediaHighlights,DeepSeek's advancements in artificial intelligence have contributed to a significant upswing in China's technology sector.,Increased capital flow into Chinese markets has led to a shift away from Indian equities, impacting regional market...
RBA's Bullock Sends Signal to Job Market Indicating a Robust Economy
February 21, 2025 01:45 PM AEDT| By Team Kalkine MediaHighlights,The Reserve Bank of Australia is cautiously monitoring the labor market's tightness, seeing it as a potential indicator of economic strength.,Governor Michele Bullock emphasized that the bank is not pre-committed to a specific interest rat...
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The dollar reaches its lowest point of the year as bullish investors become uneasy
February 21, 2025 01:44 PM AEDT| By Team Kalkine MediaYen Surges Amid Inflation Rise; Dollar Faces Further Decline,Highlights:,The yen climbs to a 2-1/2 month high following a notable rise in Japanese inflation, with core inflation reaching a 19-month high.,The dollar struggles with a third consecutive...
Alibaba Boosts Asian Stock Indices Following Earnings Report
February 21, 2025 01:43 PM AEDT| By Team Kalkine MediaChinese Tech Surge Boosts Asian Markets Amid Volatile Global Economic Signals,Highlights,Chinese technology stocks, led by Alibaba, drive gains in Asian markets with Alibaba reporting significant revenue growth.,Geopolitical tensions and economic dat...
An Australian court has ruled that Telstra misled customers regarding internet speeds
February 21, 2025 01:43 PM AEDT| By Team Kalkine MediaTelstra Faces Legal Action Over Misleading Broadband Practices,Highlight:,The Federal Court in Australia has found Telstra guilty of misleading customers regarding changes to their broadband plans.,The Australian Competition & Consumer Commission (AC...
Significant Action Affecting 353,200 Retail Workers Concerning Wage Alteration
February 21, 2025 01:42 PM AEDT| By Team Kalkine MediaControversy Over Proposed Changes to Retail Work Agreements,Highlights,The Australian Retailers Association (ARA) is proposing amendments to the General Retail Industry Award 2020 (GRIA) that affect penalty rates, overtime, and shift times, impacting...
Australia's central bank remains cautious about rate cuts, with any decisions hinging on forthcoming data
February 21, 2025 01:42 PM AEDT| By Team Kalkine MediaRBA's Cautious Stance Amid Labour Market Dynamics,Highlights,The Reserve Bank of Australia monitors the labor market and inflation trends, influencing its cautious approach to rate adjustments.,Recent rate cut is the first in over four years, influen...
Watchdog Issues Warning to Major Supermarkets
February 21, 2025 01:42 PM AEDT| By Team Kalkine MediaACCC's Scrutiny Tightens on Supermarkets Amid Pricing Concerns,Highlights:,The ACCC is actively investigating major supermarkets for allegations of misleading pricing and discounts.,Gina Cass-Gottlieb emphasizes the importance of competition for cons...
Unmasking Online Shopping Deceptions and the Legal Framework of Dropshipping
February 21, 2025 01:41 PM AEDT| By Team Kalkine MediaThe Unveiling of Online Shopping Scams and the Legal Standpoint of Dropshipping,Highlights,Victims of online shopping scams suffer from overpricing and quality misrepresentation.,Dropshipping practices, while legal, come with risks of non-compliance...
Why a Landlord with 118 Properties Refuses to Reduce Rent Despite Rate Cut
February 21, 2025 01:41 PM AEDT| By Team Kalkine MediaA Closer Look at Rent Dynamics Amid RBA Interest Rate Cuts,Highlights,Landlords like Sam Gordon, owning multiple properties, emphasize market demand, not interest rates, as key rent determinants.,A shift in the housing market, driven by post-pandemic...
Australia's 'Work-From-Home Sanctuary' Resists 'Major Push to Return to Office'
February 21, 2025 01:40 PM AEDT| By Team Kalkine MediaHighlights,Office attendance in Australian capital cities is slowly increasing, despite Australia's cities seeing variation in attendance trends.,Melbourne remains the capital city with the lowest office attendance, showing a strong preference for wo...
Miramar Resources Insiders Still Short by AU$201k from Initial Investment Value
February 21, 2025 01:33 PM AEDT| By Team Kalkine MediaHighlights,Recent stock value surge offers some respite for previous investments.,Insider actions suggest confidence in stock despite market fluctuations.,Insider ownership indicates alignment with shareholders.,Miramar Resources (ASX:M2R) witnessed...
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