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Economy
Global Virus Crisis: Morrison Says, “Clock is Ticking”, Australian Economy Must Reopen?
May 16, 2020 04:22 PM AEST| By Team Kalkine MediaAustralia seems to have made significant progress on the novel coronavirus. Affirming this, PM Scott Morrison stated that “we’re winning, but we have not won”. The Asia-Pacific country may have succeeded in containing the invisible...
NAB Survey: Business Conditions Weakened in April 2020
May 15, 2020 07:00 PM AEST| By Team Kalkine MediaAustralia may have eased few coronavirus restrictions, but it is not going to be a smooth ride for the country. Economic data continues to be dismal with increasing indications by the Government and RBA that the economy will recover at a slower pace...
Australia-UK Trade Talks: What will cross the tables?
May 15, 2020 03:11 PM AEST| By Team Kalkine MediaTrade deals are paramount laws of any economy acting as a catalyst to lock in relationships and ensure smooth trade, while contributing to the international capital increment. Good bilateral relations between the nations aid effortless international...
Australia's April Employment Report Card – Fair Versus Reasonable
May 15, 2020 01:28 PM AEST| By Team Kalkine MediaIn these unprecedented times, economies across the globe are addressing several challenges, with the top priority to save as many lives as possible and curb the spread of relentless COVID-19, caused by severe acute respiratory syndrome coronavirus 2...
Economic Charter: China under Scan
May 13, 2020 06:15 PM AEST| By Team Kalkine MediaAfter experiencing sharpest contraction of 6.8 per cent in March 2020 quarter, China’s economy seems to be now exhibiting some bright spots as it recovers from the coronavirus pandemic. Although experts do not anticipate a sharp V-shaped recov...
Elon Musk Ramps Up Tesla’s Pace, Says California Production Will Restart Amid Pandemic
May 13, 2020 06:01 PM AEST| By Team Kalkine MediaX Æ A-12. Did this leave you puzzled? Well, netizens have been baffled by the choice that industrial designer, technology entrepreneur, philanthropist and Tesla mastermind co-founder & CEO Elon Musk and his partner Claire Grimes Boucher cho...
Australia-China Escalating Tensions Upsurge- Grim Times Ahead?
May 11, 2020 09:37 PM AEST| By Team Kalkine MediaGood relations between nations creates cooperation, mutual interest, and friendship. In current contemporary times, it facilitates smooth international trade and business and promotes the innate nature of prosperity through interdependence. It is for...
Reopening of Economies Fuels Optimism in Equity Markets Despite Weak US Jobless Figures
May 11, 2020 06:53 PM AEST| By Team Kalkine MediaThe black swan event of COVID-19 is continuing its spread worldwide infecting over 4.1 million people and claiming lives of more than 0.28 million in 187 countries till date. Adding to the woes, the coronavirus induced shutdowns are aggravating wides...
Nasdaq index’s Tech Titans kicks off with Bold Performances
May 11, 2020 01:32 PM AEST| By Team Kalkine MediaWith the COVID-19 outbreak, the world's financial markets began taking a beat. The stock performance graphs reflected as if they had been hit hard with a hammer. This alarming situation has questioned the fact across various sectors that should they...
Morrison Government’s 3 Step Reopening Plan for Economic Recovery
May 08, 2020 08:22 PM AEST| By Team Kalkine MediaAustralia seems to be on right track in gaining key success in flattening the coronavirus curve when the world is still struggling from its raging spread. The total number of new cases in the country from reaching a peak in late March has dropped to...
COVID-19 Vaccine: Battle of Intellectual Property
May 08, 2020 05:12 PM AEST| By Team Kalkine MediaThe COVID-19 pandemic has brought the globe to a halt. So far, the pandemic has infected 3,679,499 people and caused more than 2.5 lakh deaths worldwide (Source: WHO). As COVID-19 pandemic is triggering chaos, the largest economies of the world are...
World Economy: Australia, US and China’s Economic Growth
May 08, 2020 01:22 PM AEST| By Team Kalkine MediaCoronavirus pandemic has sunk the world into the deepest recession inflicting substantial financial and human costs. Countries have had been imposing strict lockdown and isolation measures to protect human lives and not overburden the limited healthc...
Economic Recovery - Australia's Action-Packed Plan for July
May 06, 2020 04:28 PM AEST| By Team Kalkine MediaAlthough every COVID-19 affected nation is going great lengths to slow the spread of the pandemic, some countries stay ahead of the curve. Australia is one of them that has flattened the curve of COVID-19 transmission, with just about 1,000 cases act...
Catch Sight of Key Highlights from RBA Monetary Policy Meeting
May 05, 2020 09:33 PM AEST| By Team Kalkine MediaIn line with its former statement to possibly stick with record-low level of interest rates for an extended period, the RBA has kept official cash rates steady at 0.25 per cent in its latest monetary policy meeting. The Central Bank’s decisio...
Crude Soars on Slightest Indication of Demand; Oil is not out of the Woods yet
May 05, 2020 04:46 PM AEST| By Team Kalkine MediaCrude oil prices are climbing higher post taking a brief hit with Brent crude oil futures (CFD) covering the lost ground from its recent low of USD 15.98 per barrel (intraday low on 22 April 2020) to the present high of USD 28.50 per barrel (as on 5...
Missing Restaurants? Switzerland is the place to go-Restaurants and cafés to reopen on 11 May
May 05, 2020 04:08 PM AEST| By Team Kalkine MediaThe Corona crisis has created an unprecedented situation in the world, where citizens are waiting for the lockdown to be lifted and life to get normal again. However, by now, it is clear that even though the lockdown period will end someday, things a...
Crude Oil Stabalises on Easing of Lockdown Restrictions, US-China Spat Begins on Pandemic
May 05, 2020 02:07 PM AEST| By Team Kalkine MediaThe global crude oil demand has experienced healthy growth with the onset of May. The virus outbreak in China in January saw almost the entire world coming to a halt by mid of March, in addition, further indecision among the global economies to come...
COVID-19 Impact and Scenario at Global Level
May 04, 2020 09:11 PM AEST| By Team Kalkine MediaCoronavirus pandemic has shaken the world economy in a way no one could have ever fathomed, putting them on the brink of worst economic contraction. The global public health emergency has posed high social and economic costs as countries are adopting...
Gilead’s Investigational Antiviral Drug Remdesivir Obtained FDA Emergency Use Authorization for COVID-19 treatment
May 04, 2020 01:58 AM AEST| By Team Kalkine MediaThe world is grappling to combat COVID-19, a tiny virus that has traumatised everyone existing on the earth. It has left millions of people jobless, sending billions into isolation and compelling nearly everyone on the planet to cope with the feeling...
Zoom in, Efficient Market Hypothesis Debunked by Zoom Confusion
May 04, 2020 01:38 AM AEST| By Team Kalkine MediaAccording to the efficient market hypothesis (EMH), share prices reflect all relevant information at any given point in time, and stocks always trade at exactly their fair value. EMH is built on the basic premise that the information is baked in the...
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