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Economy
Negative interest rates in the UK? All eyes on BoE’s November MPC meet
September 29, 2020 11:11 PM AEST| By Kunal SawhneyCountries across the world are facing the dearth of economic activity since the lockdowns have been implemented due to the coronavirus pandemic. The economic activities have slowed down after business closures, suspension of services in sectors suc.....
Is the Australian real estate sector likely to get out of the woods in 2021?
September 29, 2020 03:46 AM AEST| By Team Kalkine MediaLike many other sectors in Australia, the real estate industry has also been adversely impacted by the coronavirus pandemic. For many years Aussies saw stability in home prices, but because of the dramatic slump in the country's population, the pri.....
Rising House Prices in The UK - Should You Buy A House Now?
September 28, 2020 10:11 PM AEST| By Team Kalkine MediaHouses and other real-estate assets largely remain dynamic, as far as their prices are concerned. House prices and the market values of residential homes across the UK have seen a considerable upswing after the markets started recovering fr.....
Is the travel bubble between Australia and New Zealand likely to go ahead?
September 28, 2020 03:58 PM AEST| By Edita IvancevicFive months after the first discussion regarding safe travelling between Australia and New Zealand, it may finally happen. As the coronavirus situation within Australian borders seems to be improving, New Zealand has been open for negotiations, an.....
Consistent Rise In GfK Consumer Confidence Index; Spotlight On Healthcare, Retail, and Technology Stocks
September 27, 2020 04:12 PM AEST| By Team Kalkine MediaBritish economy has been derailed from its growth track after a stringent shutdown was imposed in March 2020 to halt the spread of Covid-19 cases. With industries, transport, shops, and malls shut, economic activity came to a grinding halt in the U.....
Hey Folks, Know What’s New in the Australian Travel Industry!
September 26, 2020 04:54 PM AEST| By Team Kalkine MediaUndeniably, the COVID-19 pandemic has left the Australian travel industry in dire straits amidst stringent border restrictions and widespread job losses. While the industry is moving heaven and earth to restore to normalcy, there is still a long wa.....
With interest rate at an all-time low, how are Businesses managing their debt funding?
September 26, 2020 02:45 PM AEST| By Team Kalkine MediaBusinesses are facing the ravaging impact of COVID-19, regardless of how huge or successful they had been in the past. Most of the companies across the world have got hit by the coronavirus induced economic downturn and nationwide lockdown. They ha.....
PM Johnson Urge Leaders at UN Climate Roundtable to Rebuild A Greener Planet
September 25, 2020 09:25 PM AEST| By Team Kalkine MediaThe high-level UN climate change roundtable, which started on Thursday, 24 December 2020, is being conducted virtually, and most world leaders are expected to address it remotely. The summit this year is crucial as greenhouse emission measures worl.....
Economic Charter Under the Scanner; All Eyes on RBA Rate Cut Bets
September 25, 2020 04:18 PM AEST| By Team Kalkine MediaThe analysts are tailoring rising expectations of a cash rate cut and lower yield curve target by RBA in its October meeting. Recent economic data has further enhanced the speculations. August value of exports dipped by 2% M-o-M, while impor.....
What Are PM Trudeau’s Plans For Canadian Economy Amid Looming Second COVID Wave?
September 25, 2020 04:11 PM AEST| By Team Kalkine MediaLast month, Prime Minister Justin Trudeau had suspended the Parliament with the promise of returning with an ambitious legislative plan to battle the pandemic and revive Canada’s economy. On Wednesday, September 23, he finally laid out his pl.....
RBNZ keeps rates unchanged, shows a mark of confidence?
September 25, 2020 03:42 PM AEST| By Team Kalkine MediaIn the latest meeting of RBNZ on 23 September, RBNZ affirmed its previous guidance to hold the official cash rate (OCR) at 0.25% until March 2021 while noting that a Funding for Lending Programme (FLP) would be introduced before the year ends. In .....
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Escalating US-China Spat: No End in Sight
September 24, 2020 09:09 PM AEST| By Team Kalkine MediaAt the time when the entire world is collectively fighting the battle against the Global Virus Crisis, the world’s two largest economies are busy settling their scores on COVID-19 origin, technology sharing and human rights abuses grounds. By.....
Government extends JobKeeper, should you rejoice? Cuts are coming
September 24, 2020 04:19 PM AEST| By Team Kalkine MediaGovernment's JobKeeper and JobSeeker support schemes have rescued more than 2.2 million workers when millions of Australians have been pushed into unemployment or are witnessing shortened work hours. These payouts also assisted in reducing measures.....
How did the economy get affected by the pandemic?
September 24, 2020 04:05 PM AEST| By Edita IvancevicAs most countries decided to close their borders and put the economy on hold to focus on containment of the virus spread, the stock markets experienced the biggest impact due to the halt in business activities. Now that lockdowns in Australia and .....
Spike in Covid cases to keep the UK economy under recession
September 23, 2020 10:15 PM AEST| By Team Kalkine MediaThe UK economy had officially entered a recessionary phase by shrinking for two consecutively quarters of January to March 2020 (2.2 per cent) and April to June 2020 (20.4 per cent). Later, a healthy GDP growth rate of 6.6 per cent for the month of.....
Would New Coronavirus Restrictions Mean Higher Unemployment In The UK?
September 23, 2020 09:27 PM AEST| By Team Kalkine MediaThe latest restrictions imposed across England to curb the spread of Covid-19 infections are expected to worsen the unemployment situation in the UK. In fact, the Bank of England has said that the UK’s economic outlook is unusually uncertain .....
All that you need to know about RBA's toolkit
September 23, 2020 06:23 PM AEST| By Team Kalkine MediaThe Australian economy is facing its first recession in 30 years with its economy shrinking by record 7% in the June quarter compared to a drop of 0.3% in the previous (March 2020) quarter as it continues to suffer from the economic fallout of the .....
Commonwealth Bank economists join the 'Recession is Over' bandwagon
September 23, 2020 12:26 PM AEST| By Team Kalkine MediaThe Australian economy has been pushed into its first recession in the last 30 years due to the economic fallout from coronavirus. The country's GDP plunged 7% in April to June quarter compared to previous month, which marked the second consecutive.....
Government Opens Up Kickstart Scheme For Small Companies
September 22, 2020 11:11 PM AEST| By Team Kalkine MediaThe UK government was facing criticism over the fact that its kickstart scheme worth two billion pounds would be effectively excluding small-sized companies. To remove this anomaly, the government has now expanded the scheme to intermediaries who a.....
JobSeeker recipients tighten their belts amid dreadful $300 reduction in Coronavirus Supplement
September 22, 2020 07:11 PM AEST| By Team Kalkine MediaThe state of Victoria has been under one of the toughest lockdowns, after a resurgence of the virus, which took the daily case numbers to hit more than 700. However, Victoria recorded just 11 new cases of coronavirus, the smallest daily rise in in.....
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