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Market updates
Australian Wealth Advisors Group Reports Strong Revenue Growth and Improved Profitability
February 28, 2025 03:47 PM AEDT| By Team Kalkine MediaHighlights:,Revenue increased significantly compared to the previous year.,Net income improved, reversing the prior period's loss.,Profit margin saw a notable rise, reflecting operational efficiency.,Australian Wealth Advisors Group (ASX:WAG), operat...
Market Overreaction? Why China Tariff Fears Might Be Overblown
February 28, 2025 01:30 PM AEDT| By Team Kalkine MediaHighlights,Market concerns over,additional,China tariffs may be premature.,Past tariff changes,indicate,uncertainty in actual implementation.,Broader economic factors could soften the impact on Australian exporters.,The recent decision by the U.S. ad...
ASX Dips as Miners and Retailers Weigh on Market; Endeavour Group (ASX:EDV) Falls 6%
February 28, 2025 01:10 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 slips as commodity concerns and global tariff worries impact sentiment.,Major miners, including BHP (,ASX:BHP,) and Rio Tinto (,ASX:RIO,), retreat amid weaker demand fears.,Endeavour Group (,ASX:EDV,) declines 6% after reporting a...
Tokyo Inflation Cools More Than Expected: What It Means for Markets
February 28, 2025 01:01 PM AEDT| By Team Kalkine MediaHighlights,Tokyo's core inflation slowed to 2.2% in February, missing estimates.,Government subsidies played a role in distorting energy cost readings.,The Bank of Japan may still move forward with interest rate adjustments.,Inflation in Tokyo eased...
Delta Electricity and Samsung Join Forces for a Battery Project at Vales Point
February 28, 2025 12:51 PM AEDT| By Team Kalkine MediaHighlights,Delta Electricity and Samsung collaborate on a battery project at Vales Point.,The initiative aims to extend the site’s role in Australia’s energy landscape post-closure.,The project could enhance energy security and support renewable tran...
ASX Stumbles as Miners Weigh Heavy; Star Entertainment Faces Uncertain Future
February 28, 2025 12:48 PM AEDT| By Team Kalkine MediaHighlights,Market dips,as mining stocks react to tariff concerns.,Star Entertainment (,ASX:SGR,),faces a critical financial crossroads.,Life360 (ASX:360),and,Vista Group (,ASX:VGL,),surge,on strong earnings.,The Australian stock market wrapped up the...
Australia Post's Profit Surges on Parcel Boom and Policy Changes
February 28, 2025 11:37 AM AEDT| By Team Kalkine MediaHighlights:,Strong first-half profit driven by record parcel deliveries and policy adjustments,Revenue growth led by parcel and services division,Reduced letter losses contribute to overall financial stability,Australia Post has delivered a strong fi...
Market Jitters as Trade Tariff Worries Weigh on Equities
February 28, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,Market slides amid renewed trade tariff concerns.,Commodity prices pressured by stronger U.S. dollar and China’s steel output cuts.,Key sectors, including materials and energy, face early declines.,Global equity markets faced fresh turbule...
A Southern Hemisphere First – New Cutting-Edge Radiotherapy now available at Icon Cancer Centre
February 28, 2025 11:30 AM AEDT| By Business WirePERTH, Australia--(BUSINESS WIRE)--Cancer patients being treated at Icon Group’s Icon Cancer Centre Midland are now benefitting from the latest state-of-the-art radiation treatment planning and delive...
ASX 200 Poised for Decline as Wall Street Weakness Persists
February 28, 2025 11:05 AM AEDT| By Team Kalkine MediaHighlights:,Nasdaq Logs Steep Decline:,The worst trading session in a month amid investor concerns over economic data.,S&P 500 Turns Negative for 2025:,Market sentiment deteriorates ahead of upcoming inflation updates.,Trump Tariff Uncertainty:,Globa...
The Ethical Investor: Australian Companies Embrace the Growing Trend of Green Fintech
February 28, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Fintech innovation is increasingly driven by ESG and ethical investing, with a strong focus on green finance products.,Companies like Plenti Group (ASX:PLT) and MoneyMe (ASX:MME) are leading the charge with green loans and deposits.,B Corp...
Prospect Resources: Unveiling Copper Potential in Zambia’s Nyungu Corridor
February 28, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlight,Effective use of IP surveying: Proven correlation between historical IP data and new findings underscores the tool's utility for copper exploration.,Promising expansion potential: The recognition of southern and northern anomalies opens up...
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Is Cash Still Supreme?
February 28, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,The shift from cash to digital transactions continues, with cash usage now at a fraction of total payments.,Cryptocurrencies, including stablecoins, are gaining traction, with widespread adoption and increasing transaction volumes.,A struc...
Expanding Global Partnerships: CIIE Promotional Events in Australia, New Zealand, and Malaysia
February 28, 2025 06:50 AM AEDT| By Business WireSHANGHAI--(BUSINESS WIRE)--To strategically deepen the cross-border collaborative ties with global enterprises and encourage broader participation, the CIIE promotional team embarked on an influential...
Fortune Minerals Provides NICO Project Commodity Update
February 28, 2025 06:22 AM AEDT| By Business WireBismuth prices have tripled in recent weeks, gold prices are at an all-time high, and the Congo has placed a moratorium on the export of cobalt to support higher pricesLONDON, Ontario--(BUSINESS WIRE...
Australia Colocation Data Center Portfolio Report 2025: Detailed Analysis of 143 Existing Data and 32 Upcoming Datacenters with Coverage of 50 Operators/Investors - ResearchAndMarkets.com
February 28, 2025 04:10 AM AEDT| By Business WireDUBLIN--(BUSINESS WIRE)--The "Australia Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering. Sydney dominates the upcoming data center market in...
Skylo Raises $30M in Oversubscribed Funding Round to Scale Direct-to-Device Satellite Service Worldwide
February 28, 2025 03:00 AM AEDT| By Business WireFirst standards-based commercial D2D service to activate millions of devices across 5 continents, now launching in Brazil, Australia, and New ZealandMOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Skylo, the...
Civeo Reports Fourth Quarter and Full Year 2024 Results
February 28, 2025 01:30 AM AEDT| By Business WireHighlights: Reported fourth quarter 2024 revenues of $151.0 million, net loss of $15.1 million and operating cash flow of $9.5 million, with full year 2024 revenues of $682.1 million, net loss of $1...
OMNIYAT Launches OMNIYAT Bespoke: A New Global Real Estate Category Empowering UHNWIs to Craft One-of-One Creations Tailored to Their Aspirations
February 28, 2025 01:27 AM AEDT| By Business WireDUBAI, United Arab Emirates--(BUSINESS WIRE)--OMNIYAT, Dubai's visionary lifestyle brand for UHNWI’s, is crafting a niche segment in the global ultra-luxury market with the launch of a new concept: OM...
Hansen and RiksTV Extend Partnership to Accelerate Customer Care and Billing Cloud Transformation Journey
February 28, 2025 01:00 AM AEDT| By Business WireMELBOURNE, Australia--(BUSINESS WIRE)--Hansen Technologies (ASX:HSN), a leading global provider of software and services to the communications, energy, and water industries, is pleased to announce tha...
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