News
Trump Cuts US ties with ByteDance and Tencent
August 08, 2020 02:47 PM AEST| By Team Kalkine MediaUS-China tensions flaring over the pandemic and economic damage have emerged again on the investors’ plate. Earlier, US President Donald Trump had targeted Huawei and other technology companies citing concerns over jeopardising national secu.....
Australian Gold-Backed ETFs – Massive Capital Influx, Impeccable Performance, And Record Values
August 08, 2020 02:25 PM AEST| By Team Kalkine MediaSummary Gold prices are knocking the heaven’s door with the spot price again reaching a new record high of USD 2,072.79 per ounce. The surge in gold prices is well supported by a large purchase of physical gold by the global gold-backed E.....
Uber Reports Dismal Results; Mobility Losses Offset By Delivery Business Gains
August 08, 2020 01:34 PM AEST| By Team Kalkine MediaUber’s latest quarterly numbers reflect the struggle brought in by COVID-19 after the company was seeking to deliver profitability. In the June quarter, its food delivery business came better off the ride services. It delivered gross booking.....
Why Did Trump Reignite Aluminum Tariff War on Canada?
August 08, 2020 12:46 AM AEST| By Team Kalkine Media(Featured image Source: Government of Canada Photos) Summary United States President Donald Trump imposed tariffs on aluminum imports from Canada. Canada warned of a “dollar-to-dollar” retaliatory imposition of tariffs. Th...
Did You Miss Anything Around These ASX-Listed Stocks - IFL, ALG, VRL, LNK?
August 08, 2020 12:10 AM AEST| By Kunal SawhneySummary Fluctuations in the market have been the only thing constant these days with S&P/ASX 200 ending in the red zone following an improved performance a day earlier. IOOF Holdings has divested 19.7 million shares in Australian Ethical In.....
Share Prices and Value versus Growth: BHP CTD MTS HVN NCK IFN ELO
August 08, 2020 12:00 AM AEST| By Team Kalkine MediaSummary Energy demand has suffered significantly during the pandemic as the social distancing focus is impacting people’s energy and fuel consumption while downstream industries such as automotive are also facing difficulties. The s.....
JobKeeper Scheme to cost an extra $15 billion amid Victoria crisis
August 07, 2020 09:51 PM AEST| By Team Kalkine MediaSummary Changes worth $15 billion were made in the extended JobKeeper scheme. Businesses will now have to prove a decline in their GST turnover for only one quarter to qualify for JobKeeper extension, and workers will also qualify for the schem.....
Top 10 richest people in the UK
August 07, 2020 09:27 PM AEST| By Team Kalkine MediaIn the times of the coronavirus pandemic, we wake up every day to the reports of new losses in businesses, market turmoil, job cuts, etc. But today, we bring something to cheer for by talking about wealth and affluence-stories of creation of riches.....
Supercharged King River Resources to Beef Up Gold Exploration at Tennant Creek, Stock Zooms ~18%
August 07, 2020 09:26 PM AEST| By Team Kalkine MediaSummary King River Resources has announced the gold-centric exploration to begin at Tennant Creek on 10 August, with the focus at testing for high-grade gold mineralisation. Ongoing upbeat prospects at the bullion counters string along with the.....
Earnings Roundup: Browse Through IAG and REA Group’s FY20 Results
August 07, 2020 09:04 PM AEST| By Team Kalkine MediaSummary The stocks of IAG and REA Group stayed on extreme ends of their respective 52 weeks’ ledger following the release of FY20 results. REA Group delivered a resilient performance in FY20 despite COVID-19-driven uncertainty. REA Group.....
Greenland Minerals Well-Positioned To Become Globally Significant Rare Earths Supplier
August 07, 2020 08:51 PM AEST| By Team Kalkine MediaSummary Australia-based Greenland Minerals has been operating in Greenland since 2007 and is currently developing the Kvanefjeld rare earth project in south west Greenland. Kvanefjeld Project is likely to be a low-cost, large-scale, long term s.....
Market Update: S&P/ASX200 Ended in Red; CLW Rose by 5.074%
August 07, 2020 08:06 PM AEST| By Team Kalkine MediaAt the close of trading session on 7th August 2020, the equity market of Australia closed in red. The benchmark index S&P/ASX200 settled at 6004.8, reflecting a fall of 37.4 points or 0.62%. S&P/ASX 200 Health Care (Sector) experienced a fall...
Strategy Unmasked: Redbubble shines on sales of designer face masks
August 07, 2020 07:10 PM AEST| By Team Kalkine MediaSummary The leading global marketplaces for independent artists, Redbubble marked 132% uptick in July Marketplace Revenue. Revenue increase was majorly driven by $26 million contribution from the face masks. The stock marked a fresh 52 week hi.....
2 ASX Healthcare Stocks That have Skyrocketed Today - Lens on KZA & MXC
August 07, 2020 06:37 PM AEST| By Team Kalkine MediaSummary Kazia Therapeutics’ paxalisib awarded Rare Pediatric Disease Designation by the US FDA. With the RPDD grant, Kazia Therapeutics may now be eligible to receive a rare pediatric disease priority review voucher if paxalisib gets appr.....
Farming and Food: NZ setting up a billion-dollar Apple and Pear industry in 2 years
August 07, 2020 05:08 PM AEST| By Team Kalkine MediaSummary Amid COVID-19, harvesting of apples and pears in NZ continued by following strict regimes, with ~14 thousand workers harvesting ~ 600 thousand tonnes of fruit (as on 3 April 2020) for processing, as well as consumption in both domestic a.....
Australian Billionaires Riding the Market Tide Adding More Billions?
August 07, 2020 05:00 PM AEST| By Team Kalkine MediaThe richest people on earth are not immune to the treacherous novel coronavirus. Despite this, expert consensus opines that the globe's richest people continue to grow richer, as COVID 19 topples the world economy and pushes activities online. Loo.....
Scoop the Stock Soup: FAANG, Tesla
August 07, 2020 03:05 PM AEST| By Team Kalkine MediaSummary Technology players, particularly the US FAANG companies have played a significant role in battling the pandemic, leveraging a swathe of opportunities to outshine in the crisis. Of late, tech market darlings, FAANG stocks have been sweep.....
Silver Mining Stocks Beating Gold Top Guns – Adriatic PLC, Aeon Metals, and Silver Mines Turn Multibaggers
August 07, 2020 02:54 PM AEST| By Team Kalkine MediaSummary Silver spot prices have appreciated over 139 per cent in the recent few months catching up lost grounds as compared to gold’s performance in this year. Considerable volatility in risky assets has fuelled the demand for safe-haven .....
Mount Burgess Consolidates Nxuu Drill Hole Data To Show Mineralised Domain & Mineralisation Continuity
August 07, 2020 01:04 PM AEST| By Team Kalkine MediaMount Burgess Mining NL (ASX:MTB) has a stated objective to explore and in the event of discovery, develop commercial deposits of mineral resources. After discovering the Red October Gold Deposit in WA and three kimberlites in Namibia, the Company .....
Imugene Received FDA Guidance for VAXinia’s Clinical Development Pathway
August 07, 2020 12:18 PM AEST| By Team Kalkine MediaSummary Imugene received US FDA guidance on the development pathway for VAXinia (CF33-hNIS). FDA provided feedback on adaptive Phase 1 clinical development plans and non-clinical development pathway for VAXinia. The Company has initiated regul.....
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