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News
Second Page of the COVID-19 Diary: Business Insolvencies, Unemployment, Underemployment
August 06, 2020 04:53 PM AEST| By Team Kalkine MediaThe Premier of Victoria Daniel Andrews declared new restrictions to limit the spread of coronavirus outbreak in Victoria and stated that the second lockdown could result in almost 250,000 job losses as a consequence of entire sectors freezing tempo.....
Cybersecurity and the Requirement of a Resilient Environment in Australia
August 06, 2020 01:59 PM AEST| By Edita IvancevicSummary Since the Cambridge Analytica scandal, people became more aware of the value of cybersecurity. More jobs being created in the cybersecurity industry after more cyber attacks had been happening. There are various possible ways of mainta.....
Coronavirus effect: Virgin Atlantic’s bankruptcy increases spotlight on airline stocks
August 05, 2020 11:00 PM AEST| By Team Kalkine MediaSummary Facing the Covid-19 crisis, Virgin Atlantic filed for bankruptcy after a month old announcement of securing £1.2 billion in funding. Despite higher cost and lower income, airlines need to invest in safety measures to check the spr.....
Goods exports to China are now nearly half of the total Australian Exports
August 05, 2020 10:10 PM AEST| By Team Kalkine MediaSummary Australian trade surplus rocketed to $8.2 billion in June 2020, driven by rising export of iron ore to China where surged steel production culminated in high iron ore demand. The robust trade statistics come at a time when severe .....
Prime Minister Scott Morrison’s Plan on Economic Recovery – 5 Aspects to be Looked at
August 05, 2020 09:45 PM AEST| By Edita IvancevicSummary A recent emergency state declared in Victoria put new challenges to the Australian health and economy. JobTrainer program is expected to create more jobs that will be needed in the future. Mr Morrison is planning to invest a lot of mon.....
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.....
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.....
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.....
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.....
Orocobre Posts 48 Per Cent Decline in Quarterly Revenue, Total Sales Cost Reaches A Record Low
August 03, 2020 11:38 PM AEST| By Team Kalkine MediaSummary The COVID-19 outbreak has added to the ever-growing problems faced by the lithium industry, which has been struggling in the past to deal with the supply glut. The lithium industry remained under oversupply conditions before and the COV.....
US-China clash and TikTok controversy
August 03, 2020 11:28 PM AEST| By Team Kalkine MediaSummary Disputes between the US and China have been escalating, following tit-for-tat policy, with consular shutdowns in Houston and Chengdu. Trump administration and many top officials have been accusing Beijing of letting coronavirus spread i.....
Taking A Closer Look At The Income And Wealth Inequalities In Britain
August 03, 2020 11:20 PM AEST| By Kunal SawhneySummary Leading economic thinktank data suggests that while geographical income inequalities are falling across regions overtime in Britain, the wealth inequalities are rising. At the same time, according to the UK government statistics, the di.....
Covid-19 Impact: Leading Banks in the UK Braced for Losses
August 03, 2020 11:10 PM AEST| By Team Kalkine MediaSummary Full year 2020 impairment charge of NatWest bank is likely to be in the range of £3.5-4.5 billion due to a gloomy UK outlook HSBC's PBT plummets 65 per cent amid coronavirus downturn The country’s struggling banks point out.....
As Canada Props Economy, Loonie Gathers Fragile Strength
August 03, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The Canadian dollar touched a three-year low against the US dollar in March as the pandemic decimated markets The currency is gently gaining grounds, with loonie trading at 0.74x times the US dollar by end of second quarter Canada&rsqu.....
UK House Price Growth Rate in July Breaks A 11 Year Record
August 03, 2020 11:00 PM AEST| By Team Kalkine MediaSummary The nationwide house price index rose by 1.7 per cent in July, which is the highest monthly leap in prices since August of 2009 when the market was recovering from the financial crisis Bank of England had also reported that the mortgage.....
UK staycations see a boom as Britishers avoid foreign holidays amid quarantine rules for returning from Spain
August 03, 2020 09:13 PM AEST| By Team Kalkine MediaStaycations within the UK have recorded a huge rise in inquiries and bookings in past few days as Britishers are looking to spend their holidays within the country to avoid undergoing 14-day quarantine after returning from their foreign holidays. T.....
Iron Ore Prices Poised to Weather the Supply Normalcy Storm?
August 03, 2020 04:44 PM AEST| By Team Kalkine MediaASX-listed iron ore stocks such as Fortescue Metals Group Limited (ASX:FMG), BHP Group (ASX:BHP), Rio Tinto Limited (ASX:RIO) have been gung-ho on back of a strong rally in iron ore prices across the global front, primarily due to high demand from .....
