News
UK Get A Major Breakthrough, Secures Free Trade Pact with Japan
September 12, 2020 11:00 PM AEST| By Team Kalkine MediaOn 11 September 2020, over a video call, UK’s International Trade Secretary, Liz Truss and Japan’s Foreign Minister, Motegi Toshimitsu signed the UK-Japan Comprehensive Economic Partnership Agreement. The UK was successful in securing a.....
Brexit deadlock on Internal Market Bill: Britain inflexible, US-UK trade deal could suffer
September 12, 2020 08:32 PM AEST| By Team Kalkine MediaThe ongoing talks on Brexit between Britain and the European Union (EU) seemed to be on the edge of a collapse due to the UK’s inflexibility over the Internal Market Bill. The Boris Johnson's government has not agreed to a request from the EU.....
Are There Any Green Shoots Sprouting in the NZ Economy?
September 12, 2020 12:35 PM AEST| By Team Kalkine MediaWhile the Kiwi Land is battling with the second wave of COVID-19 infections and resultant lockdown restrictions, stronger than anticipated performance of the NZ economy has taken the world by surprise. Moreover, some optimistic signs of recovery ar.....
Read What’s Happening Inside Australian Travel Industry!
September 12, 2020 12:30 PM AEST| By Team Kalkine MediaState border closures and Victoria’s extended lockdown are threatening Australia’s travel industry like never before. The full recovery seems to be sometime away for the battered travel sector. However, one cannot neglect the dedicated .....
What is NEO?
September 12, 2020 01:29 AM AEST| By Edita IvancevicNEO is a China-based network and cryptocurrency that is based on a blockchain technology. Da Hongfei and Erik Zhan launched AntShares in 2014, which was later renamed to NEO in 2017. DO READ: What is a cryptocurrency and how to use it? The idea b.....
Why were ASX-listed Consumer Share Price under the Spotlight today - Retail Food, Freedom Food?
September 11, 2020 11:11 PM AEST| By Kunal SawhneySummary Australian consumer players Retail Food and Freedom Food came up with significant announcements today, attracting the attention of the market participants. Retail Food Group entered an agreement with Fonterra for the sale of Dairy Count.....
Introduction of “Rule of Six”: Will It Further Put Pressure on Ailing Hospitality Sector?
September 11, 2020 11:11 PM AEST| By Team Kalkine MediaThe continuous surge in the number of Covid-19 cases has forced the British Government to take preventive measures to stop the spread of the coronavirus infection. In order to restrict the growing cases, the Government has rolled out a new rule whi.....
PayPal and Visa extend global partnership; a threat to erstwhile BNPL darlings APT and Z1P?
September 11, 2020 11:00 PM AEST| By Team Kalkine MediaAmid COVID-19 pandemic, payment preferences, as well as mode of interaction, have noted a pivotal shift with shopping method moving from physical stores to online marketplaces and cash payments to cashless transactions. As buy now pay later (BNPL).....
ASX All Technology Index Continues to Slump, Afterpay Under Pressure: Is the Bottom Far Deeper?
September 11, 2020 09:29 PM AEST| By Team Kalkine MediaSummary The market continues to be highly volatile, with majority indices experiencing the pressure from NASDAQ’s fluctuating performance over the past two weeks. ASX technology sector has been amongst the worst-hit sectors in this time f.....
Market Update: S&P/ASX200 Closed in Red After a Fall in the US Markets
September 11, 2020 08:57 PM AEST| By Team Kalkine MediaOn 11th September 2020, equity market of Australia closed in red, and the benchmark index S&P/ASX200 fell by 49.1 points to 5859.4. At the end of same session, All Ordinaries settled at 6038.9 with a drop of 0.84%. The healthcare sector increased...
US elections become a target for hackers
September 11, 2020 06:36 PM AEST| By Edita IvancevicHacker activity connected to Russia, China and Iran was exposed yesterday by Microsoft, stating that they detected cybercrimes targeting upcoming US presidential elections. People and organizations that were a part of both Trump and Biden presiden.....
Flick Over FFR, COL, Webjet and DDR
September 11, 2020 06:30 PM AEST| By Team Kalkine MediaSummary Ever since the beginning of Covid-19 pandemic, global stock markets have been experiencing its wrath. Due to prolonged uncertainty, the market has been going topsy-turvy. Unless some medical breakthrough happens, businesses and stock ma.....
New Zealand’s 2-year bond yield enters negative territory for the first time: Impact on the larger economy
September 11, 2020 05:36 PM AEST| By Team Kalkine MediaNew Zealand has been leading the world in battling coronavirus. The country has been applauded globally for its effective control on coronavirus by imposing strict and early 7-week lockdown in April and May. However, the country witnessed a second .....
Before COVID Rattled Stock Markets, There Was 9/11
September 11, 2020 02:53 PM AEST| By Team Kalkine Mediafinancial resilience, while markets in European countries took longer to bounce back. Apart from the staggering levels of loss of lives and infrastructure, the 11 September 2001 terror attacks had a huge impac....
Morrison government revamped rules lets one take a dip into JobKeeper and JobSeeker dole outs
September 11, 2020 02:27 PM AEST| By Team Kalkine MediaJobKeeper and JobSeeker subsidies by the Australian government came to the rescue of more than 2.2 million people from falling into poverty as millions had come under the unemployment net or were facing reduced work hours. On 1 September, the Aust.....
Water Bottle Maker, Zhong Shanshan Is The New Chinese Billionaire
September 11, 2020 02:09 PM AEST| By Team Kalkine MediaTechnology is an ever-evolving space. With improving and ever-changing features, every time something or other new thing keeps coming. Consequently, we have multiple stories of founders creating fortunes through such businesses. For instance, Zoom.....
Charter Hall Long WALE REIT Successfully Completed A$60 Million Placement
September 11, 2020 01:55 PM AEST| By Team Kalkine MediaCharter Hall WALE Limited as a responsible unit of the Charter Hall Long WALE REIT (ASX:CLW) revealed that it had completed the fully underwritten institutional placement of ~ A$60 million. Under the placement, 12.3 million new securities will be...
Rio Tinto Announces Executive Committee Shuffling Post Cave Blast Review
September 11, 2020 01:54 PM AEST| By Team Kalkine MediaRio Tinto Limited (ASX:RIO) has updated on the Executive committee changes. J-S Jacques will step down from his position as an executive director and Chief Executive of the Group till the appointment of his replacement on or before 31 March 2021,...
Citigroup CEO Michael Corbat To Retire, Jane Fraser of Global Consumer to Succeed
September 11, 2020 01:31 PM AEST| By Team Kalkine MediaCitigroup CEO Michael Corbat announces retirement after serving the company for 37 years. Mr Corbat has served the group for eight years and now plans to retire from Citi. Michael Corbat will step down from its Board of Directors in February 2021...
Europe Faces the Threat of The Second Wave
September 11, 2020 01:00 PM AEST| By Team Kalkine MediaSome European countries are observing a resurgence in COVID-19 cases after successfully lowering incidences early in the year. Southern-eastern European nations, including North Macedonia, Bulgaria, Albania, Romania, and Montenegro witnessed a hig...
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