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Market updates
CIM Group and Novva Data Centers Announce $2 Billion in New Financing to Accelerate Growth in Delivering Sustainable, Efficient Data Centers Across the Western U.S.
March 06, 2025 06:00 AM AEDT| By Business WireFunding Will Complete Construction of Novva’s Flagship 175MW Salt Lake City Data Center, One of the Largest Direct-to-Chip Cooled AI Data Centers in the World LOS ANGELES & WEST JORDAN, Utah--(BUSINE...
ASX Stumbles Amid Global Trade Tensions and Economic Headwinds
March 06, 2025 01:41 AM AEDT| By Team Kalkine MediaHighlights,ASX 200 extends losses as trade tensions escalate.,Nine out of 11 sectors finish lower, with energy and financials taking a hit.,Gold prices rise, boosting select mining stocks.,The Australian stock market faced another challenging session...
ASX Slips as Global Trade Tensions and Economic Indicators Weigh on Market
March 05, 2025 10:21 PM AEDT| By Team Kalkine MediaHighlights,ASX follows Wall Street lower,, with the S&P/ASX 200 hitting a 20-day low.,Gold stocks shine,, driven by rising bullion prices amid global tariff concerns.,Economic growth in Australia shows improvement,, but not enough to offset market pr...
ASX Hits Yearly Low as Global Trade Tensions Weigh on Markets
March 05, 2025 10:10 PM AEDT| By Team Kalkine MediaHighlights,ASX drops to its lowest level of the year, led by declines in consumer staples and banks.,Energy stocks struggle as oil prices remain weak, while gold miners find strength in market uncertainty.,Several companies see significant movements...
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Virgin Australia Expands Global Reach with Qatar Airways Partnership
March 05, 2025 09:54 PM AEDT| By Team Kalkine MediaHighlights,Virgin Australia secures final approvals for Qatar Airways alliance.,28 weekly flights to Qatar set to launch, fully utilized by December 2025.,New routes from Perth, Sydney, and Brisbane commence in June, Melbourne in December.,Virgin Aus...
China’s Steel Industry Faces Production Cuts Amid Oversupply Challenges
March 05, 2025 09:47 PM AEDT| By Team Kalkine MediaHighlights,China plans steel production cuts to tackle oversupply and improve profitability.,Government aims to support industry restructuring and efficiency.,Market anticipates potential reduction of up to 50 million tons annually.,China is set to i...
Australian Dollar Reacts to Global Trade Moves and Domestic Growth Data
March 05, 2025 09:41 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar dips following tariff announcement and China’s stimulus response.,Domestic economic growth remains strong despite external pressures.,Three-session upward trend still holds, with a 1% gain in recent days.,The Australian d...
China's Growth Target Sparks Optimism in Markets
March 05, 2025 03:11 PM AEDT| By Team Kalkine MediaHighlights,Chinese stocks surge as economic targets hint at stronger stimulus.,Technology,sector leads gains after government support pledge.,Market sentiment improves amid concerns over tariffs and deflation.,Chinese stock markets experienced a nota...
Australian Market Rebounds as Miners Strengthen and Chinese Stocks Surge
March 05, 2025 03:10 PM AEDT| By Team Kalkine MediaHighlights,ASX pares losses,amid Chinese stimulus measures and miner strength.,Consumer,staples sector struggles,, while miners show resilience.,Investors eye US tariff updates,after China’s economic boost.,Australia’s share market saw a rebound from...
ASX Slips Over 1% as Coles, Woolworths Decline; Banks Face Pressure
March 05, 2025 02:55 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 declines over 1% as market tracks Wall Street losses.,Consumer staples and financials lead the downturn, with Coles (,ASX:COL,) and Woolworths (,ASX:WOW,) falling over 3%.,Mining,sector shows resilience, buoyed by gains in Rio Tint...
Global Markets Surge Amid Hopes of Trade Agreement and Economic Boost
March 05, 2025 02:51 PM AEDT| By Team Kalkine MediaHighlights,US and European stock futures rise,on optimism around trade discussions.,Nasdaq and S&P 500 futures climb,, signaling potential market rebound.,Germany’s economic plans add further support,to European stocks.,Global markets experienced a s...
Trump’s Push for Reciprocal Tariffs: Potential Impact on Global Trade
March 05, 2025 02:44 PM AEDT| By Team Kalkine MediaHighlights,New tariff policies,set,to begin on April 2.,U.S. aims to match foreign tariffs with equal measures.,Canada and Mexico’s subsidies may face changes.,Former U.S. President Donald Trump has reinforced his plan to introduce sweeping reciproca...
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Australia’s Economy Surges in Q4: Key Takeaways and Market Impact
March 05, 2025 12:54 PM AEDT| By Team Kalkine MediaHighlights,GDP Growth Beats Expectations,: Australia’s economy expanded by 0.6% in Q4, surpassing forecasts.,Annual Growth Accelerates,: The annual GDP growth rate climbed to 1.3%, up from 0.8% in the previous quarter.,Global Trade Concerns,: The imp...
ASX Tumbles as Investors Assess China’s Stimulus and Await Trade Clarity
March 05, 2025 12:53 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 slides over 1% amid global trade tensions and China’s economic stimulus.,Banking and consumer staples weigh on the market, while mining stocks provide some support.,Investors look ahead to US trade policy updates for further market...
Trusst AI: The Breakthrough Innovators in CX, Backed by OIF Ventures
March 05, 2025 12:05 PM AEDT| By Business WireThe Name You Wish You Knew Sooner Key Highlights: Emerging AI tech company redefining customer experience (CX) Secures backing from leading venture capital firm OIF Ventures Humanizing data-sm...
Virgin Australia’s Leadership Shift: Dave Emerson Takes the Helm Amid IPO Plans
March 05, 2025 12:04 PM AEDT| By Team Kalkine MediaHighlights,Virgin Australia appoints Dave Emerson as CEO.,Reports best-ever half-year earnings of $439 million.,Preparing for ASX return with Qatar Airways as a key investor.,Virgin Australia has officially named Dave Emerson as its next Chief Execut...
China Unveils Massive Stimulus to Strengthen Economic Growth
March 05, 2025 12:03 PM AEDT| By Team Kalkine MediaHighlights,China rolls out multi-,trillion yuan,stimulus to boost economic momentum.,Special sovereign bonds and local government bonds to drive infrastructure and development.,Major global companies with China exposure could see ripple effects.,Chin...
China Sets Ambitious 5% Growth Target for 2025 Amid Economic Reforms
March 05, 2025 11:33 AM AEDT| By Team Kalkine MediaHighlights,China aims for a 5% GDP growth target in 2025, mirroring the previous year's goal.,Government signals focus on economic stability, reforms, and industrial innovation.,Key sectors, including technology and manufacturing,,expected,to drive m...
ASX Faces Further Downside as Global Markets Retreat on Trade War Concerns
March 05, 2025 11:05 AM AEDT| By Team Kalkine MediaHighlights,ASX 200 futures signal further losses,following sharp declines on Wall Street, driven by escalating trade tensions.,Trump's sweeping tariffs on Mexico, Canada, and China,prompt retaliatory measures, stoking investor concerns.,Gold,emerges,...
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Gold Digger: VanEck Highlights Significant Value in Gold Miners Amid Bullion Surge
March 05, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Gold prices have experienced significant growth, with mining equities following a similar pattern.,Producer margins have expanded due to higher market prices and streamlined operations.,Strong inflows into gold-backed funds indicate susta...
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