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News
Cooper Energy Eyeing South-East Gas Market; To Invest $55 Million in Minerva Gas Plant
July 21, 2020 08:29 PM AEST| By Team Kalkine MediaSummary The wholesale gas market remained under pressure during the March 2020 quarter over weak demand and tumbling oil prices, offsetting the impact of gas supply shortage across the continent. However, with improvement in oil prices, LNG exp.....
Real Energy and Strata-X Energy Host Joint Webinar Underscoring Pure Energy
July 21, 2020 08:13 PM AEST| By Team Kalkine MediaAustralian east coast focused gas company, Real Energy Limited (ASX:RLE) has acknowledged that hydrogen economy is a vital concept for contemporary energy companies, and that zero emissions hydrogen is the future of transportation fuels. Moreover, .....
Stocks Under Discussion: WSP, HUB, TYR, CAT
July 21, 2020 04:12 PM AEST| By Team Kalkine MediaSummary Market sentiments are uplifted with wage subsidy extension under two-tier structure, though payments are reduced for JobKeeper and JobSeeker support to ensure they do not act as “disincentives”. Besides momentum seen across .....
Coinsquare In Soup Over Wash Trade Allegations, Watchdog launches investigation
July 21, 2020 04:00 PM AEST| By Team Kalkine MediaSummary Ontario Securities Commission has launched investigation against Canadian crypto trading platform Coinsquare, its founder Virgile Rostand, CEO Cole Diamond and Chief Compliance Officer Felix Mazer The crypto trading platform allegedly m.....
Retail industry faces ‘COVID-19 hangover’ as consumers spend with caution
July 21, 2020 04:00 PM AEST| By Team Kalkine MediaSummary The pandemic has left major impact on Canada’s struggling retail industry Consumer behavior has changed forever, and rules of retail are being rewritten by the new normal After historic declines in March and April, May retail fig.....
Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 2)
July 21, 2020 03:59 PM AEST| By Team Kalkine MediaSummary Governments from several countries are taking initiatives to accelerate vaccine development for COVID-19 and ensuring fair distribution once a vaccine is approved. The COVAX facility is a global collaboration to fast-track the developme.....
Japanese Exports face the Steepest Plunge as Economy sinks into Recession
July 21, 2020 02:29 PM AEST| By Team Kalkine MediaSummary Japan’s economy slipped into recession in May, with a contraction in GDP by 3.4% annually in Q1 2020, followed by a 7.3% plunge in the previous quarter. Exports plunged 26.2% in June from a year ago as overseas demand for cars, an.....
Investors Lap Up Dark Horse SPP, Company to Raise $1.5Mn and Honour All Applications
July 21, 2020 12:46 PM AEST| By Team Kalkine MediaAustralian exploration company, Dark Horse Resources (ASX:DHR) has announced the outcomes of its recently closed Share Purchase Plan (SPP). Moreover, the Company has updated that Permit Purchase Agreement (PPA) with the vendor, Sotkamo Silver AB to.....
Nyrada’s Brain Injury Drug Candidates Delivered via Preferred Administration Route
July 21, 2020 11:41 AM AEST| By Team Kalkine MediaAustralian-listed preclinical stage drug discoverer and developer, Nyrada Inc. (ASX: NYR) has received a significant boost to its brain injury program, with two of its drug candidates, NYX-242 and NYX-1010, being successfully delivered by the prefe.....
Businesses getting rid of non-core assets: Car leasing player Eclipx dumps Right2Drive
July 20, 2020 10:03 PM AEST| By Kunal SawhneySummary The coronavirus pandemic has hurt countless companies and forced them to rethink on their business strategies and restructuring plans. Amid shrinking demand, stalling of operational activities, and growing uncertainties, several compani.....
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Market Update: Understanding the Performance of Markets on 20th July 2020
July 20, 2020 09:11 PM AEST| By Team Kalkine MediaOn 20th July 2020, equity market of Australia ended in red and the benchmark index S&P/ASX200 experienced a decline of 32 points to 6001.6. Most of the sectors on ASX ended in red such as S&P/ASX 200 Consumer Discretionary (Sector), which wen...
Australia’s COVID-19 Battle Continues- Melbourne Lockdown Takes A Toll On Residents
July 20, 2020 09:07 PM AEST| By Hina ChowdharySummary Australia braces for a second wave of infection with current cases over 11.8k and more than an average of 280 cases being reported daily. While health officials in the country remain concerned about the transmission rate, a surge in COV.....
Double-dip Recession: A possibility in the US?
July 20, 2020 08:28 PM AEST| By Team Kalkine MediaSummary The resurgence of COVID-19 cases in some nations worldwide along with the US has sparked fears and risk of another global economic downturn. The rapid acceleration of coronavirus cases in the US is threatening the economic recovery of t.....
Airbnb Back to Square One?
July 20, 2020 07:52 PM AEST| By Team Kalkine MediaThe travel industry will not be the same again, says Airbnb CEO, Brian Chesky. The boss of Airbnb - a vacation rental online marketplace company, admitted losing almost everything of what it took them 12 years to build. The worldwide outburst of n.....
Resolute Mining Extends LOM for Mako Open Pit; Elevated Gold Spot a Key Driver
July 20, 2020 06:16 PM AEST| By Kunal SawhneyGold prices have been a stallion so far with gold spot vaulting to a record high of USD 1,818.13 per ounce (as on 8 July 2020) and oscillating around the same level since then. Also Read: China- The Catalyst to Gold and Iron Ore Rally Every uptak.....
Will Australia experience a surge in Voluntary Administration once financial stimuli lapses?
July 20, 2020 05:24 PM AEST| By Team Kalkine MediaSummary The COVID-19 Pandemic has disrupted business activities leading to a significant business loss in many sectors primarily hospitality, tourism, airlines, and retail industry, pushing operators towards insolvency Government stimulus progr.....
How has Social Media changed the outlook for some Digital Stocks?
July 20, 2020 03:34 PM AEST| By Team Kalkine MediaSummary Social media has emerged as an influential medium to aid the efforts made by individuals and entities to expand their businesses. Quantifiable user data generated via social media platform are further tracked, segmented, and analysed at.....
Location Incentive Program Gets $400Mn Federal Boost for Pandemic-Stricken Screen Industry
July 20, 2020 03:29 PM AEST| By Team Kalkine MediaSummary Australian screen industry is facing enormous challenges due to COVID 19 restrictions, as all production work was stopped, and film festivals were either cancelled or postponed. The industry, which significantly contributes to the econo.....
Augusta Charting Out Plan Around Centuria Capital Takeover
July 20, 2020 02:03 PM AEST| By Team Kalkine MediaSummary Centuria Capital’s second acquisition bid offers half the price to acquire shares in Augusta Capital. Centuria expects to provide ''a much larger, high quality and highly complementary Trans-Tasman real estate platform.....
Wuhan- A Classic example for how economies can get back on track post-pandemic
July 20, 2020 11:07 AM AEST| By Team Kalkine MediaThe terrible disarray overwhelming the world can indubitably be attributed to COVID-19 pandemic, causing market and economic havoc. Amid such perturbed situation preoccupying most governments and agencies, Wuhan which earlier became the epicenter .....
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