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Market updates
Albanese Government Commits to Small Business Tax Relief Extension Ahead of Election
April 04, 2025 04:25 PM AEDT| By Team Kalkine MediaHighlights:,Albanese Government plans to extend instant asset write-off for eligible small businesses.,Policy aims to stimulate economic activity through immediate business investment.,Opposition pledges a higher permanent write-off as part of electi...
Rio Tinto increases Australian supplier spend to A$17.7 billion
April 04, 2025 12:30 PM AEDT| By Business WireMELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto strengthened its spend with Australian businesses to over A$17.7 billion in 2024, supporting both national and local suppliers. This is an increase of...
Cobram Estate Olives: One of Three ASX Penny Stocks Worth Considering
April 04, 2025 07:30 AM AEDT| By Team Kalkine MediaHighlights:,Cobram Estate Olives Ltd (ASX:CBO) shows strong financial performance and improved margins,Plenti Group Ltd (ASX:PLT) maintains solid liquidity and a consistent management team,Sheffield Resources Ltd (ASX:SFX) remains debt-free with futu...
Bonds, the Aussie Underwear Made for Down Under, Makes its U.S. Debut
April 04, 2025 05:37 AM AEDT| By Business WireLegendary Australian brand hits the U.S. market with a heavy dose of cheek and dead-serious comfort, featuring Aussie stars Robert Irwin & Tkay Maidza WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Bonds,...
The University of Western Australia Strengthens Identity Governance with Saviynt’s Identity Cloud
April 04, 2025 03:51 AM AEDT| By Business WireLeading research university enhances security, compliance, and user experience for 40,000 identities with cloud-based identity management LOS ANGELES--(BUSINESS WIRE)--Saviynt, a leading provider of...
Wedderspoon Propolis and Manuka Honey Throat Spray Wins 2025 remedies Health & Beauty Essentials Award
April 04, 2025 03:05 AM AEDT| By Business WireThe new award from Taste for Life recognizes top cosmetics and personal care products that help consumers maintain a healthy glow CHRISTCHURCH, New Zealand--(BUSINESS WIRE)--The Wedderspoon Organic G...
Merlin Awarded Part 145 Maintenance Certification in New Zealand
April 04, 2025 03:00 AM AEDT| By Business WireWith this certification milestone, Merlin now holds both a Part 135 Air Operators Certificate and Part 145 Maintenance Certificate in New Zealand BOSTON--(BUSINESS WIRE)--Merlin, the leading develope...
ASX 200 Set to Open Sharply Lower as Global Selloff Escalates
April 04, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,S&P 500 and Nasdaq record their worst single-day declines since March 2020,Widespread global market selloff follows heightened tariff tensions and weak macro signals,ASX 200 futures down sharply, with energy and retail sectors in focus ami...
ASX Market Sectors Show Resilience Amid Market Declines
April 03, 2025 09:29 PM AEDT| By Team Kalkine MediaHighlights:,The utilities sector achieved an increase in total returns during March.,The materials sector experienced a slight decline in total returns.,Gold stocks within the materials sector saw a notable rise.,In March, the Australian stock market...
Global Markets React as US Implements Reciprocal Tariffs
April 03, 2025 09:27 PM AEDT| By Team Kalkine MediaHighlights:,The US has introduced reciprocal tariffs on multiple countries, citing trade imbalances.,Gold prices have stabilized after reaching a record peak due to market uncertainty.,Indian equity markets ended with modest losses despite early sign...
Global Stock Markets Decline Following New Trade Tariff Announcements
April 03, 2025 09:26 PM AEDT| By Team Kalkine MediaHighlights:,Stock markets across Asia-Pacific, Europe, and the US reacted negatively to newly announced tariffs.,Major indices in Japan, South Korea, and Hong Kong closed lower following the news.,European and US futures showed declines, indicating a...
Market Ends Lower as Sensex and Nifty Decline; Jubilant Pharma Gains, Persistent Systems Slips
April 03, 2025 09:23 PM AEDT| By Team Kalkine MediaHighlights:,The Sensex declined, closing lower at the end of the session.,The Nifty index moved below a key level during trading.,Jubilant Pharma's stock increased, while Persistent Systems' stock declined.,The Indian stock market experienced a decli...
Global Markets React to US Tariffs Amid Economic Uncertainty
April 03, 2025 09:22 PM AEDT| By Team Kalkine MediaHighlights:,Global markets show sharp declines following newly announced US tariffs.,Mining and banking stocks among the most impacted sectors in early trading.,Economic concerns intensify as inflation and trade relations face uncertainty.,Global equ...
Global Trade Concerns Rise Amid U.S. Tariff Proposals
April 03, 2025 09:18 PM AEDT| By Team Kalkine MediaHighlights:,The German Automotive Industry Association (VDA) has criticized the U.S. administration's tariff plans, warning of economic consequences.,German automakers contribute significantly to the U.S. economy through vehicle production and employ...
H.W. International B.V. Completes Management Buyout
April 03, 2025 09:00 PM AEDT| By Business WireAMSTERDAM--(BUSINESS WIRE)--H.W. International B.V. (HWI BV), a global, privately-owned insurance broker, has completed a management buyout (MBO) with backing from OBL Investments BV, a privately-owne...
Canva Congratulates Women Leading Tech Award Winners
April 03, 2025 08:20 PM AEDT| By Business WireFive leaders from across Canva have been recognised at the Women Leading Tech Awards 2025 SYDNEY--(BUSINESS WIRE)--Canva, the world’s leading all-in-one platform for visual communication and collabor...
Marimaca Copper Corp. Begins Trading on the Australian Securities Exchange
April 03, 2025 06:09 PM AEDT| By Team Kalkine MediaHighlights:,Marimaca Copper Corp. has commenced trading on the ASX under the ticker MC2.,Shares are available in the form of CHESS Depositary Interests (CDIs), each representing one fully paid common share.,The company continues to develop the Marima...
CAR Group and Transurban: Examining Recent Performance
April 03, 2025 06:05 PM AEDT| By Team Kalkine MediaHighlights:,CAR Group operates online vehicle marketplaces across multiple regions, including Australia, South Korea, and the United States.,Transurban specializes in urban toll road networks, managing major motorways in Australia, Canada, and the Un...
ASX Declines Amid Market Volatility Following US Tariff Announcement
April 03, 2025 06:02 PM AEDT| By Team Kalkine MediaHighlights:,ASX drops as US announces broad trade tariffs, impacting all major sectors.,Mining and energy stocks lead losses, with significant declines in major companies.,Market uncertainty grows as businesses assess tariff implications.,The Austral...
Construction begins on Rio Tinto’s first Western Australian-made iron ore rail cars
April 03, 2025 06:00 PM AEDT| By Business WirePERTH, Australia--(BUSINESS WIRE)--Rio Tinto’s first locally made iron ore rail car has been built in Western Australia, as it steps up its use of domestic manufacturing across its world class iron or...
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