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News
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 .....
Gold Supply Disruptions and Paradigm Shift in Gold Miners’ Business Strategy
August 05, 2020 06:31 PM AEST| By Team Kalkine MediaSummary Gold is once again talk of the town with recent surge in gold spot to a record high of USD 2,031.07 per ounce, well above the much-awaited mark of USD 2,000 per ounce. Investors have embraced gold in 2020, leading to a gush in spot pric.....
Job losses Continue Unabated at Major British Companies
August 05, 2020 06:15 PM AEST| By Team Kalkine MediaThe spate of job losses in the United Kingdom is not showing any signs of abatement even after the lockdown has been opened in the past three months. Many major companies in the country have announced redundancies in the last month despite evidence.....
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Australian Banking Space Amidst Virus-Induced Volatility; Digitalisation Turning Over a New Leaf
August 05, 2020 06:09 PM AEST| By Team Kalkine MediaWith the emergence of COVID-19 pandemic, major Australian banks have drawn considerable attention for deferring/suspending their dividends, facing loan deferrals, and making capital provisions for potentially high credit losses in the challenging m.....
Jobs bouncing back in July but with a slower trajectory– Is your future secured?
August 05, 2020 03:14 PM AEST| By Team Kalkine MediaSummary Victoria declared ‘state of disaster’ and rise in the virus cases forced Melbourne and regional Victoria to enter stage 4 and stage 3 restrictions, respectively. Jobs continued to rebound in July, but its speed is relatively.....
NZ Legalising Cannabis: Is It Worth Rolling The Bill?
August 05, 2020 01:36 PM AEST| By Team Kalkine MediaUpcoming September voting on the Cannabis Legalisation and Control Bill to be introduced by the New Zealand Government will decide the fate of recreational cannabis in the nation. Will it be legal or continue to be illegal; shall be voted in one o.....
Podium Minerals All Set to Advance Growth Strategy at Parks Reef Project, Metallurgical Testwork Programme in Progress
August 05, 2020 12:40 PM AEST| By Team Kalkine MediaSummary Podium Minerals has commenced resource drilling to increase and enhance the existing Mineral Resources which stand at 1.14m oz of 3PGE plus 37,000t of copper. Drilling program aims to Define a continuous 6.1km long resource block over t.....
Remarkable Bonanza for Renascor with Shallow Gold Intercepts in Central Gawler Craton
August 05, 2020 11:44 AM AEST| By Team Kalkine MediaSummary Renascor at its wholly owned Carnding Project has identified multiple gold targets up to 16 g/t in Central Gawler Craton. Significant gold exploration and development activities are currently occurring near Renascor’s gold project.....
The TikTok Talk: Microsoft's Efforts around Pocketing a Big deal
August 05, 2020 12:00 AM AEST| By Team Kalkine MediaThere was a buzz in the market related to Microsoft buying Chinese technology company TikTok. On Sunday 2 August 2020, Microsoft confirmed the buzz that it had a discussion with the Chinese technology Company ByteDance concerning the acquisition of.....
Market Update: S&P/ASX200 Crossed 6000; APT Rose by 6.466%
August 04, 2020 10:14 PM AEST| By Team Kalkine MediaAt the close of trading session on 4th August 2020, the equity market of Australia settled in green. The benchmark index S&P/ASX200 went up by 111.5 points to 6037.6. Most of the sectors on ASX closed in green including S&P/ASX 200 Consumer S...
Policy rates remain unchanged, RBA expects 6% fall in GDP
August 04, 2020 10:02 PM AEST| By Kunal SawhneySummary The Reserve Bank of Australia has kept the cash rate unchanged in this policy meeting but intends to buy three-years bonds since yield is breaching its 25 basis points target. The Board has acknowledged the economic impact of the Victor.....
Expecting some strength: 5 Things you need to know about June trade balance and retail sales
August 04, 2020 08:17 PM AEST| By Team Kalkine MediaSummary The trade surplus of Australia swelled to $8.2 billion for the month of June, which is its 30th consecutive monthly trade surplus amid solid lift in exports by 3%. Inflation-adjusted retail sales fell 3.4% during June in volume terms, a.....
S&P/ASX 200 - A Rising Tide Bound For 8,000 Mark?
August 04, 2020 07:53 PM AEST| By Team Kalkine MediaThe ASX market seems to be adopting a bullish stance with the S&P/ASX 200 index surging from the recent low of 5,719.80 (intraday low on 15 June 2020) to the level of 6,160.60 (intraday high on 21 July 2020) to mark a price gain of ~ 7.70 per c.....
Contact-Free Delivery Service, Rideshare DiDi Expands into Sydney
August 04, 2020 07:03 PM AEST| By Team Kalkine MediaSummary Owing to high demand, DiDi starts its contact-free delivery service in Sydney. The company is following safety guidelines to keep users safe and avoid the spread of coronavirus. In a short span, DiDi has become a significant player, al.....
Scan Through Platina Resources’ Robust June 2020 Quarterly Activities Report
August 04, 2020 06:47 PM AEST| By Team Kalkine MediaAustralia-based company, Platina Resources Limited (ASX: PGM) recently released its quarterly activities report for the three-month period ended 30th June 2020. The report incorporated key details of activities undertaken by the Company c.....
Up 100% in last 3 months, Genetic Technologies’ Share Grabs Further Attention
August 04, 2020 05:54 PM AEST| By Team Kalkine MediaSummary The periodic return on a stock is the major determinator for an investor to make an investment in it, be it in the form of dividends or capital appreciation. In the last 3 months period, GTG has given a positive return of 100% to the in.....
Tech boom & FAANG Stocks: Investors look for another wave of high stock price levels
August 04, 2020 05:45 PM AEST| By Team Kalkine MediaSummary Technology, along with healthcare, has been among the best performing sectors led by new opportunities created by the pandemic. FAANG stocks are the primary drivers of the NASDAQ composite, with a substantial contribution of over 10% fr.....
Global Digital Titans and Fall-out with Australian Media Companies
August 04, 2020 02:36 PM AEST| By Team Kalkine MediaSummary The new code of conduct for digital media platforms might be implemented by the end of 2020, to support fair trade between news media houses and tech giants. The draft code of conduct is open for consultation until the end of August 202.....
Scan Through Tourism Space: Ten Things that you might have missed
August 04, 2020 01:34 PM AEST| By Team Kalkine MediaKnown in the world for its ancient desert landscapes and coastal cities fringed with golden beaches and deep blue oceans, Australia is today famous for more than its iconic landmarks and faraway lands. Australia is home to the world’s oldest .....
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