News

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.....

Five-Point Action Plan to Survive COVID-19 Storm
August 09, 2020 12:00 AM AEST| By Team Kalkine MediaSummary The nation’s job market seems to be on track to defeat the pandemic, widening the professional skill set is crucial. Given the potentially positive signs emerging so far, the economic indicators deserve closer attention while gaug.....

FY20 Net Property Income Up by 63% for Charter Hall Long WALE REIT
August 08, 2020 03:28 PM AEST| By Team Kalkine MediaSummary Charter Hall Long WALE REIT has disclosed full-year results for the period ended 30 June 2020. Most of the gain in income of the trust was driven new acquisitions during the year, which totalled $ 1.4 billion. Since the trust has predom.....

Silver stocks under the spotlight as prices take off: Lens on SVL, MTH
August 08, 2020 03:14 PM AEST| By Team Kalkine MediaSummary Investing in precious metals provides investors with a safeguard against market volatility and currency devaluation. Silver has been under the spotlight with the grey metal witnessing a surge in spot prices in the last couple of months......
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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.....
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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.....

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