Market updates

UBS Lowers Oil Price Forecasts Amid Slowing Global Demand
September 17, 2024 03:27 PM AEST | By Team Kalkine MediaUBS has recently revised its oil price forecasts downward, pointing to weakening global demand as a key factor. This shift in demand is largely influe...

Trump Unveils Crypto Initiative Amid Controversies
September 17, 2024 01:58 PM AEST | By Team Kalkine MediaDonald Trump recently made headlines by unveiling a new cryptocurrency initiative, World Liberty Financial, aimed at entering the decentralized financ...

Webjet to Split into Two ASX-Listed Entities Following Shareholder A...
September 17, 2024 01:52 PM AEST | By Team Kalkine MediaShareholder Approval,Webjet Limited (ASX: WEB) has received overwhelming support from its shareholders for a significant strategic shift. In a decisiv...

ASX Peaks Above Previous Record Before Retreating
September 17, 2024 12:15 PM AEST | By Team Kalkine MediaRecord Intra-Day High,On 17,September, 2024 the Australian Securities Exchange (ASX) experienced a noteworthy moment in its trading history, achieving...

Iron Ore Prices May Fall to $US80 Amid China’s Steel Sector Crisis,...
September 17, 2024 12:14 PM AEST | By Team Kalkine MediaIron ore prices are under significant pressure due to ongoing challenges in the Chinese steel sector, with recent warnings suggesting a potential decl...

Oil Prices Surge Amid Decline in Libyan Exports and Fed Rate Cut Ant...
September 17, 2024 11:56 AM AEST | By Team Kalkine MediaOil prices experienced a significant uptick as Libyan oil exports continued to dwindle and expectations grew for a more aggressive stance by the Feder...

Morgan Stanley Analysis Highlights Divergence in Stock and Bond Mark...
September 17, 2024 11:55 AM AEST | By Team Kalkine MediaLisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, recently provided insights into the contrasting scenarios being priced int...

Goldman Sachs Revises Iron Ore Price Forecast Amid Global Oversupply...
September 17, 2024 11:53 AM AEST | By Team Kalkine MediaGoldman Sachs (GS) has revised its iron ore price forecast for the December quarter, lowering it by 15% to $US85 per tonne from the previous projectio...

Apple (NASDAQ:AAPL)Shares Decline Amid Concerns Over iPhone 16 Deman...
September 17, 2024 11:52 AM AEST | By Team Kalkine MediaApple Inc. (NASDAQ:AAPL) shares experienced a notable decline on Monday as market sentiment shifted following concerns over lower-than-expected demand...

Star Entertainment (ASX: SGR) Secures Lender Support Amid Financial...
September 17, 2024 11:51 AM AEST | By Team Kalkine MediaShares in Star Entertainment Group (ASX: SGR) are under close watch following reports that the embattled casino operator has reached a crucial deal wi...

Oil Prices Surge Amid Libyan Export Disruptions and Federal Reserve...
September 17, 2024 11:49 AM AEST | By Team Kalkine MediaOil prices experienced a notable increase this morning as disruptions in Libya's oil exports, coupled with expectations of a more aggressive Federal R...

New Hope (ASX: NHC) Declares 22¢ Dividend Amid Profit Halve and Mark...
September 17, 2024 11:48 AM AEST | By Team Kalkine MediaNew Hope Corporation (ASX: NHC), a major Australian coal miner with operations in New South Wales and Queensland, has announced a final dividend of 22...

Microsoft (NASDAQ: MSFT) Announces $88.9 Billion Stock Buyback Progr...
September 17, 2024 11:47 AM AEST | By Team Kalkine MediaMicrosoft Corporation (NASDAQ: MSFT), one of the world's leading technology companies, has announced a new $60 billion USD ($88.9 billion AUD) stock b...

Regal Partners' Bid for Platinum Asset Management: Strategic Implica...
September 17, 2024 11:45 AM AEST | By Team Kalkine MediaThe news of Regal Partners (ASX: RPL) making a buyout bid for Platinum Asset Management (ASX: PTM) has captured the attention of the investment commun...

Saudi Aramco Expands Presence in Australian LNG Sector Through MidOc...
September 17, 2024 11:44 AM AEST | By Team Kalkine MediaSaudi Aramco the world's largest oil producer, has significantly enhanced its presence in the Australian liquefied natural gas (LNG) sector by increas...

Chalice Mining’s (ASX:CHN) Gonneville Project Gains Strategic Status...
September 17, 2024 09:56 AM AEST | By Team Kalkine MediaChalice Mining (ASX:CHN) has been recognized by the Western Australian (WA) government as a ‘strategic project’ under the leadership of Premier Roger...

ASX 200 Set for Record High as Global Markets Await Fed Decision; En...
September 17, 2024 09:52 AM AEST | By Team Kalkine MediaThe ASX 200 is set to open at record highs, with futures trading 53 points higher, representing a 0.65% increase as of 8:30 am AEST. This follows the...

Inseego Announces Sale of Telematics Business For $52 Million in Cas...
September 17, 2024 09:05 AM AEST | By Business WireProceeds to Drive Further Deleveraging and Improvement of Capital Structure and Support Company Focus on Driving Growth in 5G Mobility and Fixed Wirel...

Ewoyaa Lithium Project Receives EPA Permit
September 16, 2024 11:50 PM AEST | By Business WireBELMONT, N.C.--(BUSINESS WIRE)--$PLL #EV--Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of...

Australia Construction Industry Research 2024: Output to Slow to 2%...
September 16, 2024 11:48 PM AEST | By Business WireDUBLIN--(BUSINESS WIRE)--The "Australia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and...