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Press and Media Mentions
ASX Close: Weekly losing run continues as China headwinds linger
Featured On: The Market Herald
"While the situation with Evergrande continues to remain worrisome, market experts are not anticipating the outcome to be some sort of contagion or as severe as initially feared," Kalkine Group CEO Kunal Sawhney said. "More specifically, the markets are toning down the risk that a potential fallout of Evergrande will result in a systemic liquidity crunch or a ‘Lehman moment’."
Read Original Article...Australia shares post third weekly loss as Evergrande debt crisis weighs
Featured On: Market screener
"With China Evergrande's bond interest payment deadline inching closer, markets have been evaluating what would happen if the property developer fails to settle the interest within a month of the slated payment dates," Kunal Sawhney, chief executive officer of Kalkine Group said.
Read Original Article...Five ways small businesses can reap benefits from blockchain technology
Featured On: Busy Continent
Whereas blockchain technology may not be air-tight, it continues to offer some exciting advantages that surpass existing modes of operation traditionally used by businesses.
Read Original Article...As it happened: ASX closes 0.3% higher on energy stocks and miners
Featured On: The Sydney Morning Herald
“Evergrande uncertainty and anxiety over the Fed’s decision on bond taper seem to be driving the market sentiment,” chief executive of equities research firm Kalkine, Kunal Sawhney, said.
Read Original Article...As it happened: ASX closes 0.3% higher on energy stocks and miners
Featured On: The Sydney Morning Herald
“Evergrande uncertainty and anxiety over the Fed’s decision on bond taper seem to be driving the market sentiment,” chief executive of equities research firm Kalkine, Kunal Sawhney, said.
Read Original Article...Which ASX travel shares have the unique insight amidst tourism recovery?
Featured On: Global Travel Media
Against this backdrop, let us skim through two ASX-listed stocks with structural advantages. What’s interesting is the fact that these travel shares, though they are lesser- known, aren’t just relying on recovery in tourism to boost their fortunes. Read on!Another company not just relying on recovery in tourism to boost their fortune is Apollo Tourism & Leisure Ltd (ASX: ATL). The Company’s Australian market activity has increased in all regions. Despite the absence of international guests, in periods where domestic borders were open, the Company demonstrated its ability to generate strong domestic demand with domestic revenues significantly exceeding pre-COVID-19 levels.Besides, domestic travel has largely been the saving grace for the aviation industry, with the latest figures showing 2.63 million passengers were carried on Australian domestic commercial aviation compared to just 0.63 million in June 2020. All in all, COVID-19 has continued to disrupt tourism markets around the world, however, the light at the end of the tunnel seems faintly visible as vaccination rates rise.
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