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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.....
Are Innovative Tesla batteries set to change the future?
September 25, 2020 06:59 PM AEST| By Edita IvancevicIn three years or so, people might be able to drive energy-sustainable cars that are completely electricity-fuelled and self-driven, for a price of A$34,870. Think this is impossible? Tesla’s CEO Elon Musk disagrees. If Mr Musk showed us any.....
How much does YouTube pay the Creators?
September 25, 2020 04:47 PM AEST| By Edita IvancevicYouTube started as an online video service, serving for the sole purpose of fun. It was exciting to wait for music videos to come out, probably without realising how big a business YouTube will become a few years later. Some of the people that sta.....
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 .....
COVID-19 vaccine Race: Johnson & Johnson Initiates Global Phase 3 Clinical Trial on 60k Volunteers
September 24, 2020 10:09 PM AEST| By Team Kalkine MediaThe COVID-19 vaccine prospects have intensified with Johnson & Johnson (NYSE:JNJ) disclosing the commencement of its Phase 3 clinical trial (ENSEMBLE) as a COVID-19 vaccine candidate. JNJ’s candidate is the fourth candidate which is under.....
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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.....
Westpac To Shell Out Over a Billion to Settle AUSTRAC Case, Biggest Australian Corporate Fine
September 24, 2020 09:01 PM AEST| By Team Kalkine MediaA major overhang has been settled at the Westpac Banking Corporation (ASX:WBC) after it agreed to pay a $1.3 billion penalty in relation to the breaches of Anti-Money Laundering and Counter-Terrorism Financing Act 2006. In November 2019, the civil.....
Piedmont Lithium Shares Suspended After Stock Zooms, What’s Cooking?
September 24, 2020 08:34 PM AEST| By Team Kalkine MediaPiedmont Lithium Limited (ASX:PLL) has been gaining traction in the market since the Company mentioned in an announcement that it would be resuming drilling activities for increasing mineral resources at the Carolina Tin-Spodumene Belt on 26 August.....
Westpac to pay A$1.3 billion in fines for misconduct
September 24, 2020 06:03 PM AEST| By Edita IvancevicWestpac Banking Corporation (ASX:WBC) revealed that it would pay a fine worth A$1.3 billion for money-laundry misconduct and failing to halt transactions linked to child exploitation. The bank, unfortunately, made history as it is the biggest fine .....
Why is Gold a valuable metal?
September 24, 2020 04:32 PM AEST| By Edita IvancevicGold has a kind of reputation that the moment someone mentions it, everyone immediately thinks of wealth and being rich. For many years, which will be approximately thousands of years to be precise, gold has been looked upon as the most precious a.....
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 .....
Green Energy picks up steam, 10 players to look at
September 23, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The United Nations Climate Change (UNCC) in its historic Paris Agreement has asked all signing members to intensify their efforts and investments for sustainable development and low carbon emission targets. 190 out of 197 signatories ha.....
What made NASDAQ and Apple Share Price turn the corner?
September 23, 2020 10:50 PM AEST| By Team Kalkine MediaWith the outbreak of COVID-19, the performance of the stocks, globally gave an impression of being knocked with a hammer. March was one of the historic months that experienced tumbling down of financial market. In the COVID-19 pandemic era, techno.....
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.....
ASX300 Senex Energy strikes a gas deal with Gladstone
September 23, 2020 09:52 PM AEST| By Team Kalkine MediaSenex Energy Ltd (ASX: SXY) has announced a gas sales agreement (GSA) with Southern Oil Refining’s Northern Oil Refinery near Gladstone. Senex Energy will supply the gas from its Project Atlas in Surat Basin. Project Atlas is the first acreag.....
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 .....
Major global banks under money laundering cloud, are ASX banks safe?
September 23, 2020 07:03 PM AEST| By Team Kalkine MediaGlobal banks have come under pressure after reports emerged that some global banks have been found to be facilitating transactions for illegal organisations. It has been alleged that banks continued dealing with culprits even though regulators had .....
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