News
IMF Raises Concerns Over Australia’s Inflation Outlook Amid Global Uncertainty
October 23, 2024 03:44 PM AEDT| By Team Kalkine MediaHighlights,Australia’s inflation forecast for 2025 has been raised to 3.6%.,IMF report warns of potential global trade tensions and economic risks.,Australia’s projected inflation will outpace most advanced economies.,Australia’s inflation rate is ex...
Bitcoin Traders Brace for Regulatory Shift Amid Potential Trump Presidency
October 23, 2024 03:23 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin gains momentum amid US political shifts.,Traders eye potential regulatory changes under Trump's possible return.,Rising demand for Bitcoin ETFs signals growing interest in crypto.,Bitcoin traders are closely watching the political...
APA Group (ASX: APA) expects EBITDA of AUD 1,960 – 2,020mn in FY25 following Pilbara Energy acquisition
October 23, 2024 03:06 PM AEDT| By Team Kalkine MediaHighlights,In FY24, APA recorded a 7.91% YoY revenue growth to AUD 2,591 million.,In FY25, statutory NPAT increased 247% YoY to AUD 998 million due to the full ownership of the Goldfields Gas Pipeline.,JPMorgan Chase & Co. acquired a 6.88% voting rig...
Supermarkets and Gold Miners Lift ASX Despite Pressure on Tech Stocks
October 23, 2024 02:32 PM AEDT| By Team Kalkine MediaHighlights,Supermarket giants lead gains, lifting ASX slightly higher.,Gold miners edge up as metal prices stabilize near record highs.,WiseTech continues to drag tech shares lower amid recent controversies.,Australian shares are trading modestly hig...
Australia's Inflation Woes and the Property Dilemma
October 23, 2024 02:18 PM AEDT| By Team Kalkine MediaHighlights,Inflation remains a key concern for Australia's economy.,Property prices and construction demand are driving inflation.,Companies in the construction sector face challenges due to weak demand.,Australia’s ongoing fixation on property owner...
Australian Shares Edge Higher as Supermarkets Gain; WiseTech Faces More Challenges
October 23, 2024 01:26 PM AEDT| By Team Kalkine MediaHighlights,Australian stocks show slight recovery, led by supermarket gains.,WiseTech,extends its retreat amid leadership controversies.,QBE Insurance faces scrutiny over discount misrepresentation.,Australian shares are showing a modest rise, suppor...
Stocks of the Hour: Eastern Metals, Adisyn, Trigg Minerals
October 23, 2024 12:44 PM AEDT| By Team Kalkine MediaHighlights:,**Eastern Metals (,ASX:EMS,)** reports promising initial drilling results at the Cobar Project, driving a 66.67% surge in share price.,**Adisyn (ASX:AI,1)*,* is set to,acquire,2D Generation Ltd, bolstering its semiconductor offerings, wit...
Radiopharm Theranostics (ASX:RAD) presents RAD 202 data at 2024 EANM annual meeting
October 23, 2024 12:21 PM AEDT| By Sonal GoyalHighlights,Radiopharm Theranostics presented new imaging data for Ga68-RAD 202 at the 2024 EANM Annual Meeting.,PET/CT data in HER2-positive murine models show minimal nonspecific organ uptake of 68Ga-RAD 202, except in bladder and kidneys.,RAD 202 d...
Gold Near Record High Amid Geopolitical Tensions and Economic Uncertainty
October 23, 2024 11:44 AM AEDT| By Team Kalkine MediaHighlights,Gold stabilizes near record highs amidst rising geopolitical tensions.,Silver approaches its highest levels since 2012, driven by similar market sentiment.,Precious metals gain strength despite pressure from U.S. bond,sell-offs,.,Gold is h...
Oil Prices Decline as Crude Inventories Increase and Middle East Tensions Escalate
October 23, 2024 11:42 AM AEDT| By Team Kalkine MediaHighlights,Oil prices fell amid rising US crude inventories.,West Texas Intermediate and Brent crude prices declined.,Middle East tensions impact oil market dynamics.,Oil prices fell as concerns about rising US crude inventories and geopolitical tens...
ASX 200 Futures Signal Gains; S&P 500 Sees Consecutive Losses
October 23, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures are up 0.27%, while U.S. markets saw mixed results with bond yields rising and the S&P 500 posting consecutive losses.,CSL (,ASX:CSL,) and Fletcher Building (,ASX:FBU,) flagged challenges, while Garda Property (,ASX:GDF,)...
ASX200 Falls Amid Market Re-Evaluation as Health Care Leads Declines
October 22, 2024 05:52 PM AEDT| By Team Kalkine MediaHighlights,ASX200 index falls 1.66% in its worst day in seven weeks.,Health Care sector takes the largest hit, down 2.4%.,Wisetech bounces back 2.84% after litigation settlement.,The ASX200 experienced a significant drop of 1.66%, closing at 8,205 po...
ASX Declines Amid Broad Market Pullback
October 22, 2024 05:22 PM AEDT| By Team Kalkine MediaHighlights,ASX drops 1.7%, with all sectors in the red.,Mining and banking stocks face significant declines.,Mineral Resources and Viva Energy see sharp losses.,The Australian sharemarket saw a significant drop on Tuesday, with the S&P/ASX 200 Index...
Neuren Pharmaceuticals’ (ASX:NEU) DAYBUETM gets Health Canada approval for Rett Syndrome
October 22, 2024 04:41 PM AEDT| By Team Kalkine MediaHighlights,NEUs’ partner, Acadia Pharmaceuticals, received approval from Health Canada for DAYBUE,TM,, making it the first drug approved in Canada for Rett Syndrome.,The company saw a 50% drop in total income to AUD 32.11 million in 1HFY24 due to no...
Chipotle Invests in Lumachain to Transform Food Industry Transparency
October 22, 2024 04:30 PM AEDT| By Team Kalkine MediaHighlights,Lumachain,partners with Chipotle through a $100 million investment.,Lumachain’s,AI platform boosts transparency and safety in food supply chains.,JBS uses,Lumachain,technology for enhanced beef supply traceability.,Chipotle Mexican Grill (...
How Commodity Investment Bankers Evaluate ASX-Listed Companies
October 22, 2024 04:24 PM AEDT| By Team Kalkine MediaHighlights,Focus on transition commodities like lithium and rare earths.,Emphasis on management,track record,and project feasibility.,Importance of de-risking in sectors like rare earths.,Commodity investment bankers are increasingly focused on backi...
Exploring Growth Stocks: 4DS Memory and Two Other ASX Penny Stocks
October 22, 2024 04:14 PM AEDT| By Team Kalkine MediaHighlights,ASX market sees fluctuation amid Wall Street’s mixed performance,4DS Memory, Image Resources, and,PolyNovo,show varying financial strengths,Highlighted companies stand out in semiconductor, mining, and medical device sectors,The Australian...
Australian Market Faces Challenges as ASX 200 Tests Record Highs
October 22, 2024 04:08 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 tests record highs despite weaker corporate earnings outlook.,Banking and industrial stocks drive ASX 200's price-to-earnings expansion.,Global firms shift focus from Australian stocks to other markets.,The Australian share market,...
Market Downturn Hits ASX, Key Stocks Struggle Amid Broad Sell-Off
October 22, 2024 01:49 PM AEDT| By Team Kalkine MediaHighlights,ASX opens in the red with multiple sectors declining.,Resource sector, including,WiseTech,Global, continues its downward trend.,Several small-cap stocks show resilience despite market challenges.,The Australian Stock Exchange (ASX) opened...
Oil Prices Steady Amid Middle East Tensions and Global Market Caution
October 22, 2024 01:32 PM AEDT| By Team Kalkine MediaHighlights,Oil prices steadied after a recent surge.,Middle East tensions continue to influence market movements.,Traders watch for,possible supply,disruptions and global economic trends.,Oil prices remained stable following a nearly 2% rise earlier...
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