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Mining Mogul – Chris Ellison of Mineral Resources (ASX:MIN) Sets Ambitious Targets
November 20, 2020 01:50 PM AEDT| By Team Kalkine MediaMineral Resources Limited (ASX:MIN) is inching closer to its all-time high of $30.19 (intraday high on 3 September 2020) with prices reaching to a high of $29.73 (as on 20 November 2020 11:56 AM AEDT) after mining billionaire Chris Ellison disclose.....
Consumer Confidence in Focus Ahead of Christmas Rally
November 20, 2020 12:47 PM AEDT| By Team Kalkine MediaConsumer confidence is one of the most powerful economic indicators that influences the equity market. When there is high consumer confidence, people tend to purchase more and spending increases. Thus, there is an overall positive sentiment in the .....
How much could a no-deal Brexit cost the United Kingdom?
November 20, 2020 02:09 AM AEDT| By Kunal SawhneyThe failure to strike a favourable post-Brexit deal is going to be disastrous for Britain in more ways than one. From a steep fall in the economic growth to a lower ability to attend to a pandemic health emergency, a lot of things are at st.....
Cryptocurrency Exchange Binance Sues Forbes Over ‘False’ Article
November 20, 2020 01:58 AM AEDT| By Kunal SawhneyWhile everyone is talking about Bitcoins crossing the record levels of $18,000, there is another major event from the crypto field doing the round. Binance, a cryptocurrency exchange, has filed a lawsuit in the United States against the New Jersey-.....
Analysts Divided Over Bitcoin’s Future Prospects as It Breaks $18,000 Level
November 20, 2020 01:52 AM AEDT| By Hina ChowdharyThe price of world’s best-known cryptocurrency Bitcoin has hit $18,000 on Wednesday -- which is the highest since December 2017 and has soared about 160% this year. Throughout the pandemic and uncertain times, the investors have been putting .....
Can Aviation, Pharma and Hospitality Be the Biggest Gainer of Early Vaccine Arrival?
November 20, 2020 01:48 AM AEDT| By Team Kalkine MediaThe arrival of the COVID- 19 vaccines is a bit overdue now. With the speculations of AstraZeneca’s AZD1222 vaccine candidate making a debut in September not coming true, the waiting game has extended indefinitely as no one else is willing to .....
Zeroing in on two ASX-listed digital marketing companies: RXP, CM8
November 20, 2020 01:37 AM AEDT| By Team Kalkine MediaAt a time when most ASX-listed companies are incorporating better online visibility in their businesses strategies, why should the Australian Securities Exchange (ASX) stay behind? ASX, operated by ASX Limited (ASX: ASX), recently unveiled a new br.....
How Has October’s Inflation Rise Impacted Canada’s Economy?
November 20, 2020 12:06 AM AEDT| By Kunal SawhneyThe inflation rate in Canada spiked by 0.7 per cent year-over-year (YoY) in October 2020, up from a 0.5 per cent increase in September, reported national data agency Statistics Canada on Wednesday, November 18. The jump in the Consumer Price Index .....
RBNZ reviews internal processes after an unplanned disclosure of FLP
November 19, 2020 03:40 PM AEDT| By Team Kalkine MediaThe Reserve bank of NZ has admitted it accidentally broke the news of Funding for Lending scheme implementation to some non-bank lenders about 45 minutes prior to the official announcement of its Monetary Policy Statement. The bank claimed that th.....
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How COVID-19 has Impacted Australian Labour & Property Markets?
November 19, 2020 02:57 PM AEDT| By Team Kalkine MediaThe pandemic has brought along many shocks to the Australian economy, all at once. Severe impacts have been felt in the labour market, property market as well as in the economic stability of the country. This was followed by stringent policy action.....
Beware: impostor scams are on the rise amid pandemic says FMA
November 19, 2020 02:33 PM AEDT| By Team Kalkine MediaThe Financial Market Authority New Zealand is concerned regarding a steep rise in impostor scams since COVID-19 pandemic has broken out. Impostor scams are the ones where legitimate business names are used by the scamsters, but the contact i.....
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Vocus Group Planning to Execute IPO of Vocus New Zealand
November 19, 2020 02:07 PM AEDT| By Team Kalkine MediaASX listed vertically integrated telecommunication services provider Vocus Group Limited (ASX:VOC) is planning to go for an IPO of Vocus New Zealand. For this purpose, the Company has appointed financial advisers to execute an Initial Public .....
Bitcoin Knocking at All-time Highs after 3 years, USD 20,000 on cards?
November 19, 2020 01:41 PM AEDT| By Team Kalkine MediaBitcoin is grabbing eyeballs again. The currency continues to climb and is closing in on the levels not seen since it reached its highest ever mark three years ago. Bitcoin is just 12% shy of its previous all-time high of USD 19,891.0, last seen o.....
Oil Search’s (ASX:OSH) Alaskan Resources Soar 33%, Another Boost for the Pikka Unit
November 19, 2020 12:49 PM AEDT| By Hina ChowdharyOil Search Limited (ASX:OSH) finally takes a breather on the exchange with the price halting the one week price rally. The stock reached a high of $3.980 yesterday, from where it has now taken a U-turn. OSH is currently witnessing a session of con.....
Is This The Right Time To Invest In Blockchain Stocks?
November 19, 2020 01:47 AM AEDT| By Kunal SawhneyBitcoin’s price crossed US$18,000 during intraday trading on November 17 as investors turned bullish on crypto during pandemic. The largest cryptocurrency by market cap touched a high of $18,062 on November 17, a peak not seen since D.....
UK inflation rises to a 3-month high in October 2020
November 19, 2020 01:35 AM AEDT| By Kunal SawhneyUK inflation rose to a three-month high level in October, largely due to the hike in price rises of food, clothing and furniture. The inflation factor for all the three components have turned positive in October from a negative reading in September.....
Pfizer-BioNTech Vaccine 95% Effective In Preventing COVID-19, Ready For Regulators
November 19, 2020 01:14 AM AEDT| By Team Kalkine MediaPharma giant Pfizer Inc. (NYSE: PFE, PFE:US) Wednesday claimed that its vaccine candidate is 95 per cent effective in preventing COVID-19. The company plans to apply for approval from the US Food and Drug Administration (FDA) for Emergency .....
Canadians Hoard Record High Cash Of C$ 170 Bn Amid COVID: CIBC
November 18, 2020 11:00 PM AEDT| By Team Kalkine MediaThe coronavirus pandemic saw Canadians amass the largest excess cash ever in recorded history, reported a 2020 study by Canadian Imperial Bank of Commerce (CIBC). It estimated that households and businesses in the country are currently holding at l.....
Will the British pound fall even with a Brexit deal?
November 18, 2020 10:53 PM AEDT| By Team Kalkine MediaTill now, optimism and hopes about a favourable deal with the European Union have supported the pound. With the EU summit scheduled for tomorrow, all eyes are pinned on the Brexit trade talks. Experts predict that the pound’s value co.....
How Did Canada's Manufacturing Sector Do In September?
November 18, 2020 09:34 PM AEDT| By Hina ChowdharyFollowing a decline of 1.4 per cent in August this year, manufacturing sales climbed 1.5 per cent to a value of C$ 53.8 billion in September, reported Canadian data agency Statistic Canada. The increase in sales, the agency noted, was seen.....
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