News
ASX Deeply Lower Amid Global Trade War Escalation and Currency Pressure
April 07, 2025 03:15 PM AEST| By Team Kalkine MediaHighlights,Broad-based sell-off in Australian equities as tariff concerns escalate,Local currency sharply weaker amid fears of global economic contraction,ASX market value slumps, mirroring overseas market declines,The Australian share market opened...
Australian Market Plunges Sharply Amid Global Trade Disruptions
April 07, 2025 03:12 PM AEST| By Team Kalkine MediaHighlights:,Australian share market opens significantly lower, erasing substantial value across key indices,Financial sector leads declines as global trade tensions escalate,New tariffs and retaliatory measures drive fears of economic downturn,The Au...
West African Resources (ASX:WAF) Projects 290K–360K Ounces Gold Output in FY25, Eyes 500,000 Ounce Milestone by 2030
April 07, 2025 02:51 PM AEST| By Team Kalkine MediaHighlights,WAF’s FY24 revenue rose 10.4% YoY to AUD 729.98 million and profit after tax surged 49.41% YoY to AUD 246.22 million.,Mitsubishi UFJ Financial Group became a 6.39% substantial shareholder.,In FY25, the company expects to deliver gold produ...
Navigating Uncertainty: Macquarie Anticipates Tougher Times Ahead
April 07, 2025 01:38 PM AEST| By Team Kalkine MediaHighlights,Macquarie shifts strategy amidst growing concerns of a bear market.,Focus increases on defensive sectors like healthcare and consumer staples.,Selective contrarian investments spotlighted amidst market volatility.,Macquarie is adjusting it...
Market Tremors: ASX Faces Sharp Decline Amid Global Trade Tensions
April 07, 2025 01:37 PM AEST| By Team Kalkine MediaHighlights,ASX plunges by 3.7% due to escalating trade tensions.,Major banks and mining stocks lead the downturn.,Future,outlook,remains,uncertain as global markets react.,The Australian stock market experienced a significant downturn on Monday, shed...
Navigating Market Turbulence: A Close Look at Australia's Economic Landscape
April 07, 2025 01:35 PM AEST| By Team Kalkine MediaHighlights,Recent U.S. tariff hikes impact global and Australian markets.,Australian consumer confidence on the rise amid economic adjustments.,Apparel giants face new challenges with increased tariffs.,As markets brace for ongoing volatility, Austra...
Commodities Rebound Amidst Global Trade Tensions
April 07, 2025 01:32 PM AEST| By Team Kalkine MediaHighlights,Copper and other metals recover after,initial,drops.,Gold and silver prices adjust following market volatility.,Trade tensions between the U.S. and China intensify.,In a dramatic turnaround, copper and several other key metals have regaine...
Navigating the River Styx: Three Green Stocks on the ASX Thriving Despite 'Bloody Monday'
April 07, 2025 12:30 PM AEST| By Team Kalkine MediaHighlights:,Abacus Storage King shares rose after a takeover proposal from Public Storage and Ki Corporation,Challenger Ltd recorded gains following a strategic equity move by Da-ichi Life Holdings,TPG Telecom experienced moderate gains despite limit...
Global Trade Tensions Send Shockwaves Through Australian Markets
April 07, 2025 12:14 PM AEST| By Team Kalkine MediaHighlights,Australian market sees a sharp decline amid heightened trade tensions.,Major sectors including mining and banking suffer significant losses.,Notable movements in individual stocks amidst broader market challenges.,The Australian sharemarke...
Asian Markets Respond to Global Trade Tensions
April 07, 2025 12:12 PM AEST| By Team Kalkine MediaHighlights,Asian stocks react sharply to trade conflict escalation.,Japan's Nikkei index sees significant drop.,Futures predict mild impact on China's CSI 300 index.,Asian markets faced a challenging day as geopolitical tensions over trade policies c...
Strategic Standoff: Global Leaders Navigate High-Stakes Trade Policy
April 07, 2025 12:09 PM AEST| By Team Kalkine MediaHighlights,Nouriel,Roubini analyzes the trade policy tension among US, Fed, and China leaders.,US Federal Reserve,Chairman,Jerome Powell focuses on inflation control, not stock market movements.,Chinese President Xi Jinping holds a stronger position,...
Market Turbulence: How Tariff Tensions Are Shaking Global Stocks
April 07, 2025 12:05 PM AEST| By Team Kalkine MediaHighlights,The CSI 300 Index (CSI:300) and Hang Seng Index (,HKG:HSI,) faced sharp declines amid escalating trade tensions.,New tariffs from Beijing mirror those imposed by Washington, intensifying economic uncertainties.,Commodity prices, including...
ASX 200 Movement Mirrors Global Sentiment Amid Geopolitical and Sector-Specific Shifts
April 07, 2025 11:30 AM AEST| By Team Kalkine MediaHighlights:,ASX 200 experienced a sharp decline during early trading, reflecting synchronized trends with major global indices.,External geopolitical factors and developments in international trade contributed to shifts in market sentiment.,Sector pe...
Market Maneuvers: Understanding Trump's Tariff Strategy and Its Impact
April 07, 2025 11:27 AM AEST| By Team Kalkine MediaHighlights,Trump reaffirms commitment to tariffs, emphasizing the need for economic "medicine.",Immediate effects seen as U.S. markets respond and global markets brace for impact.,New tariff rates set to begin, with U.S. imposing varied percentages o...
Abacus Storage King Receives Strategic Takeover Proposal: A Closer Look
April 07, 2025 11:23 AM AEST| By Team Kalkine MediaHighlights,Takeover,bid placed for Abacus Storage King at a significant premium.,Strategic acquisition involves major players in the storage and real estate sectors.,Deal contingent on due diligence and regulatory approvals.,In a significant move wit...
Australian Markets Tumble Amid Global Trade Tensions
April 07, 2025 11:21 AM AEST| By Team Kalkine MediaHighlights,Australian shares face sharp declines following new US tariffs.,Major sectors including materials, energy, and financials,hit,hard.,Global trade war fears intensify market volatility.,In a dramatic start to the trading day, the Australian...
Crude Prices Tumble Amid Global Trade Tensions and Production Surges
April 07, 2025 11:16 AM AEST| By Team Kalkine MediaHighlights,Brent crude,hits,a four-year low, dropping,nearly 4%,.,Saudi Aramco (TADAWUL:2222) slashes prices for Asian markets.,OPEC+ surprises with a significant production increase.,This week opened with a notable downturn in oil prices, driven by...
Findi (ASX:FND) Completes AU$30Mn Acquisition of BankIT in Strategic Expansion
April 07, 2025 11:08 AM AEST| By Sonal GoyalHighlights,Findi has completed the AU$30 million acquisition of BankIT through its majority owned Indian subsidiary.,The transaction adds approximately 130,000 merchants and expands the company’s reach to ~200,000 merchants across India.,BankIT adds...
ASX 200 Faces Steep Decline Amid Nasdaq Bear Market and Australian Dollar Plunge
April 07, 2025 09:47 AM AEST| By Team Kalkine MediaHighlight,ASX 200 futures signal a sharp 4.5% drop, tracking heavy Wall Street losses and global panic.,Nasdaq officially enters bear market; S&P 500 endures worst two-day slide since March 2020.,Australian dollar falls to lowest level since 2020, wh...
Great Boulder Resources Delivers High-Grade Results from Western Australia Drilling
April 07, 2025 09:30 AM AEST| By Team Kalkine MediaHighlights:,Great Boulder Resources reports strongest-ever gold intercept from Eaglehawk within the Side Well project.,Drilling programs at Eaglehawk and Mulga Bill confirm new high-grade mineralized zones.,Exploration continues with aircore drilling...
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