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News
COVID-triggered ‘She-cession’ Causes Hard Financial Times For Canadian Women
September 04, 2020 08:10 PM AEST| By Team Kalkine MediaThe COVID-19 pandemic has hit one and all in some way or another. However, statistics from various surveys show that women have been more exposed to the social and financial hurdles brought on by the pandemic than men. From loss of employment, unpa.....
How can Australia be impacted by China’s ban on Australia’s biggest grain exporter?
September 04, 2020 07:49 PM AEST| By Team Kalkine MediaAustralian exporters can strongly feel the heat of the bilateral tensions as China continues to intimidate the trade scenario by levying obstacles and restrictions. Adding a fresh dose of worries, China has suspended the barley imports from Co-oper.....
Australia in recession for the first time in Three Decades; Are There Any Emerging Green Shoots?
September 04, 2020 04:04 PM AEST| By Edita IvancevicAustralia has officially entered a financial recession due to the impact of the coronavirus pandemic. The prosperity had lasted for almost 30 years, one of the longest prosperous periods for any nation. Australian Bureau of Statistics (ABS) report.....
Why NASDAQ Composite index plunged 5%?
September 04, 2020 03:19 PM AEST| By Edita IvancevicSummary On 3 September 2020, the Nasdaq Composite lost 5% of the profit, with the S&P 500 and the Dow indices following the similar poor situation. With this backlash, The Wall Street share market has faced the worst drop in shares since Ju.....
Three Key Trends Defining Travel Sector’s Recovery from COVID-19 Storm
September 04, 2020 03:11 PM AEST| By Team Kalkine MediaNo doubt, COVID-19-induced restrictions initially smashed the thriving NZ travel industry amid stringent lockdown restrictions and overseas travel bans. However, some optimistic trends that appear to hit the ground running deserve closer attention .....
TerraCom Coal Production To Hit Another Record in FY2021 – CEO Danny McCarthy
September 04, 2020 03:18 AM AEST| By Team Kalkine MediaTerraCom Limited (ASX:TER) released coal sales figures for the FY2021 to the end of August 2020 and suggested that despite the ongoing economic meltdown on a global scale on account of the COVID-19 outbreak, it maintained consistent production and .....
3 Main Areas Of Discord In The Brexit Trade Negotiations
September 03, 2020 11:15 PM AEST| By Team Kalkine MediaRecently Michel Barnier, Head (Task Force for Relations with the United Kingdom), European Commission has expressed dissatisfaction over lack of adjustment from the British government over finalizing the Brexit trade deal between the UK and the EU .....
UK Enlarges Its Investment into Rapid Covid-19 Test Kit Trials
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaThe United Kingdom has moved a step forward in its mission to eradicate the virus. The Health Minister of Her Majesty's Government Matt Hancock has said that the government will roll out a new COVID- 19 test that will provide accurate results in le.....
Zoom reports Extraordinary growth as the world goes Video calling, Is more steam left?
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaSummary Zoom reported Q2 total revenue of US$663.5 million, up 355 per cent YoY. Number of customers contributing more than US$100k in TTM revenue marked 112 per cent YoY uptick. The communication giant expects 281 to 284 per cent YoY increase.....
Is the British Government Going to Raise Taxes to Ease Its Debt Burden?
September 03, 2020 11:11 PM AEST| By Team Kalkine MediaSummary The public debt levels of the British government are set to cross £360 billion, by the end of this year, which is one of the highest the country has seen in its modern history. Several conservative MP’s had raised queries re.....
Retail Confidence Crashes in August amid Level 3 restrictions
September 03, 2020 06:53 PM AEST| By Team Kalkine MediaThe latest September NZ Retail Radar report shows that the retailer confidence declined substantially due to Level 3 lockdown in Auckland during August because of the resurgence of community transmission of coronavirus in NZ. Though, sales had rec.....
What next in Property Space: House prices tumbled 0.4 per cent in August
September 03, 2020 04:22 PM AEST| By Team Kalkine MediaAustralian property space is currently witnessing an obscured outlook, eclipsed by the COVID-19 induced uncertainty. The headwinds challenging high-priced property space in Australia have entailed a downfall in the housing prices for four months co.....
COVID causes Canada's economy to contract by 38.7% in Q2, worst since 1961
September 03, 2020 04:26 AM AEST| By Team Kalkine MediaBeaten by the loss of business due to COVID-19, Canada’s real gross domestic product (GDP) saw a record dip at an annualized rate of 38.7 per cent in the second quarter of 2020. This is the sharpest dip the Canadian economy has witnessed sinc.....
Fed’s new strategy for inflation and labour market
September 03, 2020 04:04 AM AEST| By Team Kalkine MediaSummary The Federal Reserve declared a change in its policy decision-making approach to achieve maximum employment and stability in prices. The new strategy aims to allow for higher inflation and additional job growth over time. Fed has taken .....
Western Areas Aims Deposit Integration to Boost Odysseus Production Profile
September 02, 2020 11:11 PM AEST| By Team Kalkine MediaSummary The nickel price surge is drawing ASX-listed nickel mining companies out of hibernation with many such as Nickel Mines Limited (ASX:NIC), Western Areas Limited (ASX:WSA) unveiling development plans to lock-in the high prices. Western Ar.....
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All you need to know about JobKeeper Payment scheme
September 02, 2020 09:13 PM AEST| By Team Kalkine MediaAfter the devastating effect that coronavirus had on world economies, governments around the globe needed to find a solution to keep people in jobs. Australians have been luckier than most nations, as the Morrison Government introduced two stimulus.....
How Will Sunak Garner Revenues In The Autumn Budget?
September 02, 2020 09:01 PM AEST| By Team Kalkine MediaSummary The UK Treasury Chancellor to announce the schedule for public spending review and budget soon Speculations are doing rounds that taxes will be raised during the autumn budget Corporation tax, fuel duty, online retail tax, and pension .....
Australian Gross Domestic Product Slides 7%, Recession Bells Ringing?
September 02, 2020 08:03 PM AEST| By Team Kalkine MediaAustralia suffered its worst economic downturn on record last quarter. Latest figures on National Income, Expenditure and Product were released by the ABS on 2 September 2020. The Bureau reports that Australia’s GDP fell 7.0 per cent in the J.....
Silver Back in Action!! Charts Reflecting on Bullish Sentiments
September 02, 2020 03:24 PM AEST| By Team Kalkine MediaSilver prices have been emerging as the darling commodity with returns even outperforming gold on a six-month basis. The investing community on the global front is now eyeing silver over the emerging supply disruptions and robust demand for the wh.....
Did you miss anything on Apple share price and stock split?
September 02, 2020 02:04 PM AEST| By Team Kalkine MediaSummary The much-awaited 4-for-1 stock split of the Apple stock to make it “more accessible to a broader base of investors” had whet investors’ appetite on 31 August 2020, the day when Apple’s shares trading commenced on .....
