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Canadian Insolvency Filings Decline By Record Numbers After Federal Support
August 07, 2020 03:31 AM AEST| By Team Kalkine MediaCanada’s economic response plan and fiscal stimulus measures deployed to soften the blow of the pandemic seems to be bearing fruit. While tens of thousands of establishments shut down in the months of March and April, consumer and business in.....
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Market Update: S&P/ASX200 Gained 0.4% in One Month: What Investors Need to Know
August 06, 2020 11:00 PM AEST| By Team Kalkine MediaOn 6th August 2020, the equity market of Australia ended in green, and the benchmark index S&P/ASX200 experienced a rise of 40.9 points to 6042.2. During the last one month, S&P/ASX200 rose by 0.4%. S&P/ASX 200 Consumer Discretionary (Sec...
Labour Market Conditions in The UK Improve as More Sectors Open Up, But Outlook Still Remains Grim
August 06, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The REC and KPMG employment index for July stood at 43.4, up from 34.3 recorded in the month of July The improvement in the employment index in July is being attributed to the opening up of the hospitality sector, the largest employment.....
Financial Advisory Firm, AMP Under the Investors’ Radar
August 06, 2020 10:09 PM AEST| By Kunal SawhneySummary Year 2020 has been rough for AMP as the company faces hefty outflows and lawsuits amidst pandemic concerns. CEO Alex Wade resigns effective immediately and Blair Vernon, CEO of NZ Wealth Management replaces him as Acting CEO. AMP expec.....
BP's plan for zero carbon emission by 2050, will other companies follow the suite?
August 06, 2020 08:14 PM AEST| By Team Kalkine MediaSummary Oil majors BP & RDSA have vowed to reduce carbon footprint by 2050 Supermarket operators SBRY & TSCO are likely to become carbon neutral in the next few decades There are some sectors where reducing carbon footprint still seems.....
Gold Stocks Attempting Volatility Breakout – NST, SAR, GOR, and RRL
August 06, 2020 06:52 PM AEST| By Team Kalkine MediaSummary Gold prices are shattering all records as investors rush to buy gold. The surge in gold prices is well supported by a large gold purchase from the global gold-backed ETFs along with central banks. Gold has now emerged as a perfect hedg.....
Impact of Coronavirus on Australian Economy and Way Forward
August 06, 2020 06:29 PM AEST| By Edita IvancevicSummary A start of the new pandemic that originated in Wuhan, China created a global health challenge and an economic catastrophe. Just after the most horrific bushfire season ended, Australians needed to adapt to a “new normal”. B.....
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Unemployment, Financial and Economic Crunch: 3 Things that Kiwi landers May Consider to Sail Though
August 06, 2020 05:59 PM AEST| By Team Kalkine MediaSummary New Zealand’s critical unemployment scenario despite its significant success against the virus indicates an impending concern for the New Zealanders. The hard-hit travel sector might have still to wait for the potential Tran.....
Second Page of the COVID-19 Diary: Business Insolvencies, Unemployment, Underemployment
August 06, 2020 04:53 PM AEST| By Team Kalkine MediaThe Premier of Victoria Daniel Andrews declared new restrictions to limit the spread of coronavirus outbreak in Victoria and stated that the second lockdown could result in almost 250,000 job losses as a consequence of entire sectors freezing tempo.....
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Why Investors are Looking at ALQ, VRL, RWC, SRG on ASX?
August 06, 2020 02:59 PM AEST| By Team Kalkine MediaSummary The Australian market is expected to witness impacts of pandemic-led restrictions, as Australia grapples to curb the second wave of COVID-19 cases. Recently, ALQ placed AU$ 281 million new, long duration USPP senior notes, the.....
Cybersecurity and the Requirement of a Resilient Environment in Australia
August 06, 2020 01:59 PM AEST| By Edita IvancevicSummary Since the Cambridge Analytica scandal, people became more aware of the value of cybersecurity. More jobs being created in the cybersecurity industry after more cyber attacks had been happening. There are various possible ways of mainta.....
Coronavirus effect: Virgin Atlantic’s bankruptcy increases spotlight on airline stocks
August 05, 2020 11:00 PM AEST| By Team Kalkine MediaSummary Facing the Covid-19 crisis, Virgin Atlantic filed for bankruptcy after a month old announcement of securing £1.2 billion in funding. Despite higher cost and lower income, airlines need to invest in safety measures to check the spr.....
Goods exports to China are now nearly half of the total Australian Exports
August 05, 2020 10:10 PM AEST| By Team Kalkine MediaSummary Australian trade surplus rocketed to $8.2 billion in June 2020, driven by rising export of iron ore to China where surged steel production culminated in high iron ore demand. The robust trade statistics come at a time when severe .....
Prime Minister Scott Morrison’s Plan on Economic Recovery – 5 Aspects to be Looked at
August 05, 2020 09:45 PM AEST| By Edita IvancevicSummary A recent emergency state declared in Victoria put new challenges to the Australian health and economy. JobTrainer program is expected to create more jobs that will be needed in the future. Mr Morrison is planning to invest a lot of mon.....
Market Update: S&P/ASX200 Closed in Red on August 5, 2020: A Quick Look
August 05, 2020 08:48 PM AEST| By Team Kalkine MediaOn August 5, 2020, S&P/ASX200 ended the session in red as there was a fall of 0.60% to 6001.3 while All Ordinaries encountered a decline of 0.50% to 6135.9. On the same day, S&P/ASX 200 Materials (Sector) witnessed a rise of 0.69% to 14,568.0...
SUDA Closed Entitlement Offer Substantially Oversubscribed, Reported June 2020 Qtr Achievements
August 05, 2020 08:35 PM AEST| By Team Kalkine MediaSummary SUDA’s Entitlement Offer to raise ~$3.56 million has been strongly supported by its shareholders and closed substantially oversubscribed. The Company will now issue ~142.25 million shares and 47.4 million listed options in line wi.....
How increased spending support and cash rate at 0.25% would help the Australian economy
August 05, 2020 08:19 PM AEST| By Team Kalkine MediaThe Reserve Bank of Australia (RBA) kept the official cash rate at 0.25% for the fifth consecutive month and reaffirmed the target yield on 3-year Australian government bonds at 25 basis points in its latest monetary policy meeting held on 4 August.....
Stocks that closed higher: SBM, AMI, MSB, DCN
August 05, 2020 08:13 PM AEST| By Team Kalkine MediaSummary With the earnings season on, companies reporting better-than-expected results, or an impressive outlook are garnering investor attention which is getting reflected in the stock movement. ST Barbara reported an increase in gold productio.....
Robinhood Traders Responsible for Moves in Markets
August 05, 2020 07:57 PM AEST| By Team Kalkine MediaSummary Day trading has taken a leap in the wake of the pandemic, as retail investors have found making money easy and fast. At the heightened market volatility in March, there had been an addition of a large number of new traders. The stock ma.....
Coronavirus Vaccine - ‘Silver bullet’ OR NOT as per WHO
August 05, 2020 06:38 PM AEST| By Team Kalkine MediaSummary World Health Organization (WHO) stated that at the moment, there is ‘no silver bullet’ for COVID-19 and that could hold for the future as well. The international body advised all countries to precisely implement health .....
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