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News
What is the Street Anticipating from NZ Central Bank?
August 11, 2020 05:01 PM AEST| By Team Kalkine MediaWith coronavirus ravaging the economies worldwide, governments and central banks are taking up widespread fiscal and monetary measures to fight the spread and economic fallout arising due to COVID-19. Reserve Bank of New Zealand (RBNZ) has declare.....
Nature Flags Another Warning for the Growing Need to Address Global Warming
August 11, 2020 01:56 PM AEST| By Team Kalkine MediaThe impact of global warming and climate change is now not unprecedented with frequent natural disasters making headlines. There is a steady uptick in global temperature leading to extreme uncontrolled natural horrors such as the recent wildfire bl.....
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Facebook Gaming Hops on to Apple’s App Store
August 11, 2020 01:40 PM AEST| By Team Kalkine MediaSummary Facebook became one of the newest members to cash in on the gaming boom after it launched Facebook Gaming, for iOS devices on 7 August 2020, marking the end of six-month long submissions and rejection saga. Facebook Gaming app, which so.....
Saudi Aramco to make dividend payments despite the carnage in the battered oil sector
August 11, 2020 12:34 AM AEST| By Team Kalkine MediaSummary Aramco committed to diversify its product portfolio and strengthen its business strategy Royal Dutch Shell and BP to reduce carbon footprint and invest in renewable energy sources Oil producers trying to maintain a delicate balance bet.....
SOS: Everything you should know about Lebanon’s port explosion
August 10, 2020 10:02 PM AEST| By Team Kalkine Mediat rejected by the Lebanese President On the evening of Tuesday 4 August 2020, a large fire broke out at the port of Beirut, the capital city of Lebanon, located on the coast of the Mediterranean Sea. While the cause of the fire is being...
M&A World is Buzzing, C for COVID-19, C for Consolidation
August 10, 2020 09:42 PM AEST| By Team Kalkine MediaSummary In the beginning of the year 2020, Mergers and Acquisitions (M&A) deals were shelved owing to coronavirus crisis. Since June, M&A in the US saw a steep rise in megadeals above US$10 Billion. Mergers and Acquisitions deals are m.....
November is around the corner, Who is Wall street betting on?
August 10, 2020 08:51 PM AEST| By Team Kalkine MediaSummary The coronavirus pandemic is raising a question regarding Donald Trump being re-elected as the US president as the North American country, the most advanced economy of the world, failed in handling the virus spread effectively. Trump&rsq.....
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Nordic Country Denmark’s Stock Market Tops the Performance Table
August 10, 2020 08:32 PM AEST| By Team Kalkine MediaSummary Denmark has been able to restrict COVID-19 infections through proactive measures by Government, co-operation by its citizens, and perhaps due to its isolated location as Denmark only shares land border with Germany. The country has one .....
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China exports grow 7.2pc in July while clouds loom over Australia-China relations
August 10, 2020 07:50 PM AEST| By Team Kalkine MediaSummary China's exports rose 7.2% in July, while imports fell 1.4% compared to a year ago. The rise in exports came due to the rising demand for medical supplies, and automobiles as coronavirus restrictions eased around the world. China's trad.....
Dip for Chinese Tech Stocks – Do not Forget to Look at the 5 Tech-Related Trends
August 10, 2020 04:49 PM AEST| By Team Kalkine MediaSummary Subsequent to numerous actions taken by economies across the world against Chinese companies, specifically the US with its executive order has led to a fall in the share price of the Chinese companies such as Tencent and Alibaba, falling.....
RBA charts out Economic Recovery Forecasts apparently with 'No Vaccine Roll-out' assumption
August 10, 2020 03:11 PM AEST| By Team Kalkine MediaSummary A rise in the number of coronavirus cases in Victoria post June has deteriorated the broader outlook of the Australian economy. The economy is expected to shrink by 6% in 2020 with a growth of 5% in 2021, while the unemployment rate is .....
Equitable Distribution- A possibility or a repeat of 2009 pandemic?
August 09, 2020 02:43 AM AEST| By Team Kalkine MediaSummary WHO is working on a list of priority recipients comprising first-responder healthcare workers, the elderly and immunocompromised individuals. Most of coronavirus vaccines are already reserved, many countries are signing deals with vacci.....
Climate Change, Reduced Engine Cost, High Subsidy – Throttles The EV Industry
August 09, 2020 02:39 AM AEST| By Team Kalkine MediaSummary EV sales across the global front are now gaining traction EV makers drop price to cash-in on the government subsidy and increase sales. In the recent past, China further extended the subsidy on EV purchase with scaled reductions from 10.....
Leaf Through Three Key Factors Defining Travel Space Recovery Scenario
August 09, 2020 01:26 AM AEST| By Team Kalkine MediaDespite Australian Prime Minister’s recent statement on continuation of international travel restrictions for some months amid COVID-19 pandemic, the share prices of multiple travel players demonstrated considerable strength on Friday, closin.....
Weekly Economic Calendar: Upcoming Global Updates Under the Spotlight
August 09, 2020 12:10 AM AEST| By Team Kalkine MediaSummary Amidst COVID-19 storm, economies all across the globe have started to reopen in the hope of registering a pyrrhic victory post a bleak first half 2020. After suffering thick and fast, America, China, Australia and New Zealand brace to r.....
Can Negative Interest Rates Become A Reality For The British Economy?
August 09, 2020 12:01 AM AEST| By Team Kalkine MediaSummary Benefits of a negative interest rate regime not very clear, especially in a very subdued demand scenario, due to the deadly impact of the coronavirus pandemic Banks already have a large amount of bad debts in their balance sheets, and n.....
Five-Point Action Plan to Survive COVID-19 Storm
August 09, 2020 12:00 AM AEST| By Team Kalkine MediaSummary The nation’s job market seems to be on track to defeat the pandemic, widening the professional skill set is crucial. Given the potentially positive signs emerging so far, the economic indicators deserve closer attention while gaug.....
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Trump Cuts US ties with ByteDance and Tencent
August 08, 2020 02:47 PM AEST| By Team Kalkine MediaUS-China tensions flaring over the pandemic and economic damage have emerged again on the investors’ plate. Earlier, US President Donald Trump had targeted Huawei and other technology companies citing concerns over jeopardising national secu.....
Uber Reports Dismal Results; Mobility Losses Offset By Delivery Business Gains
August 08, 2020 01:34 PM AEST| By Team Kalkine MediaUber’s latest quarterly numbers reflect the struggle brought in by COVID-19 after the company was seeking to deliver profitability. In the June quarter, its food delivery business came better off the ride services. It delivered gross booking.....
Why Did Trump Reignite Aluminum Tariff War on Canada?
August 08, 2020 12:46 AM AEST| By Team Kalkine Media(Featured image Source: Government of Canada Photos) Summary United States President Donald Trump imposed tariffs on aluminum imports from Canada. Canada warned of a “dollar-to-dollar” retaliatory imposition of tariffs. Th...
