News

SOS: Everything you should know about Lebanon’s port explosion
August 10, 2020 10:02 PM AEST| By Team Kalkine Mediat rejected by the Lebanese President On the evening of Tuesday 4 August 2020, a large fire broke out at the port of Beirut, the capital city of Lebanon, located on the coast of the Mediterranean Sea. While the cause of the fire is being...

M&A World is Buzzing, C for COVID-19, C for Consolidation
August 10, 2020 09:42 PM AEST| By Team Kalkine MediaSummary In the beginning of the year 2020, Mergers and Acquisitions (M&A) deals were shelved owing to coronavirus crisis. Since June, M&A in the US saw a steep rise in megadeals above US$10 Billion. Mergers and Acquisitions deals are m.....

November is around the corner, Who is Wall street betting on?
August 10, 2020 08:51 PM AEST| By Team Kalkine MediaSummary The coronavirus pandemic is raising a question regarding Donald Trump being re-elected as the US president as the North American country, the most advanced economy of the world, failed in handling the virus spread effectively. Trump&rsq.....
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Nordic Country Denmark’s Stock Market Tops the Performance Table
August 10, 2020 08:32 PM AEST| By Team Kalkine MediaSummary Denmark has been able to restrict COVID-19 infections through proactive measures by Government, co-operation by its citizens, and perhaps due to its isolated location as Denmark only shares land border with Germany. The country has one .....
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China exports grow 7.2pc in July while clouds loom over Australia-China relations
August 10, 2020 07:50 PM AEST| By Team Kalkine MediaSummary China's exports rose 7.2% in July, while imports fell 1.4% compared to a year ago. The rise in exports came due to the rising demand for medical supplies, and automobiles as coronavirus restrictions eased around the world. China's trad.....

Is Kogan.Com Share Price Primed for More Growth?
August 10, 2020 07:02 PM AEST| By Team Kalkine MediaSummary Online retail service provider Kogan noted significant growth in its share price post the release of July 2020 trading update. In the last three months and six months, the Kogan has delivered remarkable returns of ~120% and ~282% respec.....

Dip for Chinese Tech Stocks – Do not Forget to Look at the 5 Tech-Related Trends
August 10, 2020 04:49 PM AEST| By Team Kalkine MediaSummary Subsequent to numerous actions taken by economies across the world against Chinese companies, specifically the US with its executive order has led to a fall in the share price of the Chinese companies such as Tencent and Alibaba, falling.....

ASX Surprises: Latest and Few on the Cards: AGG, NCK
August 10, 2020 04:20 PM AEST| By Team Kalkine MediaSummary Amid the tough pandemic challenges, there are businesses that continue to write success stories. AngloGold Ashanti registered a surge in free cash flow generation, to an inflow of AUD 177 million in 1H20 from an outflow of AUD 31 millio.....

Rio’s Submission to Parliamentary Inquiry – A way Forward for Ethical Mining?
August 10, 2020 03:52 PM AEST| By Team Kalkine MediaSummary The demand for iron ore in China is keeping the price of the commodity afloat with iron ore futures hitting another record high of RMB 897.00 per dry metric tonne on the DCE. In the light of an impeccable rally in iron ore prices, ASX-l.....

RBA charts out Economic Recovery Forecasts apparently with 'No Vaccine Roll-out' assumption
August 10, 2020 03:11 PM AEST| By Team Kalkine MediaSummary A rise in the number of coronavirus cases in Victoria post June has deteriorated the broader outlook of the Australian economy. The economy is expected to shrink by 6% in 2020 with a growth of 5% in 2021, while the unemployment rate is .....
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Glance Through the Chicken Meat Industry, Inghams Under the Spotlight
August 10, 2020 03:03 PM AEST| By Team Kalkine MediaSummary New guidelines announced for Victoria’s poultry industry call for 20 per cent staffing cut. Premier of Victoria urged Australians not to panic buy, as he believes the restrictions will not affect supply and demand. Poultry proces.....
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Tracking the Top 10 ASX 100 Stocks since March Market Crash
August 10, 2020 02:55 PM AEST| By Team Kalkine MediaSummary The market seems highly volatile in the present scenario with fear surrounding the second wave of COVID-19. Though not at pre-COVID-19 levels, the market has significantly improved from the March low. CBA entered a partnership with Squ.....

Walk Through BPH and its Investees’ Glorious Journey in Q2 2020
August 10, 2020 12:13 PM AEST| By Team Kalkine MediaIn a latest update, BPH Energy Limited (ASX:BPH) has published its quarterly operations report for June 2020 quarter on the ASX. BPH closed June 2020 quarter with a decent cash balance of $258k and estimates its total available funding to serve for.....

Casting an eye on Wagering stock that still has steam: PBH
August 10, 2020 12:00 AM AEST| By Team Kalkine MediaSummary PointsBet shares generated a return of 110.28% in last one-year period, with its Australian business experiencing robust growth primarily due to preference for racing over sports, especially during pandemic period. The Company’s r.....

Equitable Distribution- A possibility or a repeat of 2009 pandemic?
August 09, 2020 02:43 AM AEST| By Team Kalkine MediaSummary WHO is working on a list of priority recipients comprising first-responder healthcare workers, the elderly and immunocompromised individuals. Most of coronavirus vaccines are already reserved, many countries are signing deals with vacci.....

Climate Change, Reduced Engine Cost, High Subsidy – Throttles The EV Industry
August 09, 2020 02:39 AM AEST| By Team Kalkine MediaSummary EV sales across the global front are now gaining traction EV makers drop price to cash-in on the government subsidy and increase sales. In the recent past, China further extended the subsidy on EV purchase with scaled reductions from 10.....

ASX Makes Weekly Gain of 1.3pc – Earnings to Watch Next Week
August 09, 2020 02:36 AM AEST| By Team Kalkine MediaSummary Earning season reports and commodity prices helped Australian indices to post a weekly gain. A further conviction is stemming as China is gaining momentum, giving positive signals to investors. Australian mainstream indices continue to .....

Leaf Through Three Key Factors Defining Travel Space Recovery Scenario
August 09, 2020 01:26 AM AEST| By Team Kalkine MediaDespite Australian Prime Minister’s recent statement on continuation of international travel restrictions for some months amid COVID-19 pandemic, the share prices of multiple travel players demonstrated considerable strength on Friday, closin.....

Weekly Economic Calendar: Upcoming Global Updates Under the Spotlight
August 09, 2020 12:10 AM AEST| By Team Kalkine MediaSummary Amidst COVID-19 storm, economies all across the globe have started to reopen in the hope of registering a pyrrhic victory post a bleak first half 2020. After suffering thick and fast, America, China, Australia and New Zealand brace to r.....

Can Negative Interest Rates Become A Reality For The British Economy?
August 09, 2020 12:01 AM AEST| By Team Kalkine MediaSummary Benefits of a negative interest rate regime not very clear, especially in a very subdued demand scenario, due to the deadly impact of the coronavirus pandemic Banks already have a large amount of bad debts in their balance sheets, and n.....

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