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Press and Media Mentions
ASX Close: Four-week high as takeover interest hots up
Featured On: The market herald
"Local BNPL players appear to be facing a severe test with the entry of Apple into the lucrative space, which could fuel substantial competition in the industry," Kalkine Group CEO Kunal Sawhney said. "With the launch of Apple’s BNPL product, sector juggernaut Afterpay might no longer remain the only big fish in the ocean."
Read Original Article...ASX Update: Miners shine; BNPL players tumble on Apple news
Featured On: The market herald
"Local BNPL players appear to be facing a severe test with the entry of Apple into the lucrative space, which could fuel substantial competition in the industry," Kalkine Group CEO Kunal Sawhney said. "With the launch of Apple’s BNPL product, sector juggernaut Afterpay might no longer remain the only big fish in the ocean."
Read Original Article...ASX Close: Cautious market trims strong early gains
Featured On: The market herald
"High hopes are attached to the banking sector that can produce blowout results for the second quarter, given that all major lenders recently passed the Federal Reserve’s stress test," Kalkine Group CEO Kunal Sawhney said. "The market is also anticipating big profit comebacks from the consumer discretionary and energy sectors, which are expected to reap the rewards of a return to normalcy.
Read Original Article...Breaking down WTTC Economic Trends Report- COVID-19 impact on world tourism industry
Featured On: Global Travel Media
COVID-19 has taken a devastating toll on the world tourism industry. The pandemic has highlighted the significance of the sector both in the world economy and the individual lives. The year 2020 brought unprecedented changes in the sector and slipped the industry into harsh times. The World Travel and Tourism Council (WTTC) report has analysed the gruesome impacts of COVID-19 on the tourism sector. However, to pave the way out, the council has suggested measures to adopt for the sector’s recovery.
Read Original Article...As it happened: Mining giants, CSL fire ASX to 0.8% gain
Featured On: The Age
Chief executive of Kalkine Group, Kunal Sawhney, speculated ongoing global demand for steel would keep iron ore prices high. While there has been ″market chatter″ about China cutting steel production to meet carbon emission targets, demand was staying high due to infrastructure stimulus programs around the world.
Read Original Article...As it happened: Mining giants, CSL fire ASX to 0.8% gain
Featured On: The Sydney Morning Herald
Chief executive of Kalkine Group, Kunal Sawhney, speculated ongoing global demand for steel would keep iron ore prices high. While there has been ″market chatter″ about China cutting steel production to meet carbon emission targets, demand was staying high due to infrastructure stimulus programs around the world. “There is a possibility of resultant high steel prices encouraging mills to increase their operating rates, offsetting output reductions elsewhere,″ Mr Sawhney said. “This may refrain the country from succeeding in driving overall steel output lower, potentially creating upward pressure on iron ore prices. At the same time, one cannot neglect signs of slowing steel demand that are evident in China after the spectacular growth spurt seen initially in 2021 post last year’s Covid-19 slowdown.“
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