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Market updates
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Banking Sector Experiences Further Decline as Market Retreats from Steady Opening
February 19, 2025 04:31 PM AEDT| By Team Kalkine MediaHighlights,ASX200 fell 0.42%,, closing at 8,445 points.,Mineral Resources dropped 11.11%,after reporting an $800M loss.,Light & Wonder surged 9.9%,following an $850M acquisition.,The stock market, a critical component of the global economy, serves as...
Civeo Announces Fourth Quarter 2024 Earnings Conference Call
February 19, 2025 04:04 PM AEDT| By Business WireHOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its fourth quarter 2024 earnings conference call for Thursday, February 27th, at 10:00...
Rocket Lab Successfully Launches 60th Electron, First of Multiple Missions for BlackSky
February 19, 2025 03:27 PM AEDT| By Business WireThe mission was the first of multiple launches on Electron for BlackSky and comes less than two weeks after Rocket Lab’s previous Electron launch. MAHIA, New Zealand--(BUSINESS WIRE)--$RKLB--Rocket L...
ASX Market Declines as Banking and Energy Stocks Drag the Index Down
February 19, 2025 03:10 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 dips 0.7% as banking stocks weigh on market sentiment.,National Australia Bank (,ASX:NAB,) leads financial sector losses after earnings disappointment.,Mineral Resources (,ASX:MIN,) tumbles 15.9% following a significant reported lo...
Victoria’s Startup Scene Thrives: LaunchVic’s 30X30 Program Welcomes High-Growth Scaleups
February 19, 2025 02:15 PM AEDT| By Team Kalkine MediaHighlights,LaunchVic’s,30X30 program selects 11 scaleups with potential to achieve unicorn status by 2030.,The program has helped past cohorts raise over $600 million in funding.,Selected companies span industries like healthcare, gaming, cybersecuri...
Australian Wage Growth Slows to Three-Year Low: Impact on Markets and Economic Outlook
February 19, 2025 02:06 PM AEDT| By Team Kalkine MediaHighlights,Australian wage growth slowed to 3.2%, the lowest since 2022.,Both private and public sector wages saw declines in growth rates.,The Reserve Bank of Australia,remains,watchful despite the slowdown.,Australian wages increased at their slowe...
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New Zealand's Central Bank Cuts Rates Significantly to Support Economic Recovery
February 19, 2025 01:26 PM AEDT| By Team Kalkine MediaHighlights,The Reserve Bank of New Zealand (RBNZ) reduces benchmark rate by 50bps to 3.75%.,The central bank signals,additional,rate cuts could be implemented throughout 2025,RBNZ's approach contrasts with more cautious moves by other central banks.,...
Whyalla Steelworks Faces Administration as South Australian Government Takes Action
February 19, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,South Australian government steps in to take control of,Whyalla,steelworks.,GFG Alliance plans to sell,Tahmoor,coal mine to raise funds.,Calls for swift action to address financial challenges and unpaid debts.,The South Australian governme...
Trump Signals Potential 25% Tariffs on Automobiles, Pharmaceuticals, and Semiconductors
February 19, 2025 12:10 PM AEDT| By Team Kalkine MediaHighlights,U.S. President suggests new 25% tariffs on key industries, announcement expected by April 2.,Potential tariffs could,impact,automakers, chip manufacturers, and pharmaceutical companies.,The move follows,previous,tariffs on steel and alumin...
Colgate-Palmolive Company Announces Agreement to Acquire Prime100
February 19, 2025 12:00 PM AEDT| By Business WireNEW YORK--(BUSINESS WIRE)--As part of its growth strategy, which includes investing in faster-growing product segments adjacent to its core categories, Colgate-Palmolive Company (NYSE:CL) today announ...
Coeur Reports Year-End 2024 Mineral Reserves and Resources and Provides Palmarejo Exploration Update
February 19, 2025 11:30 AM AEDT| By Business WireSubstantial resource increases at Wharf and Palmarejo Kensington’s reserve-based mine life extended to five years – a doubling in three years CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or...
Lithium and Coal Market Dynamics Navigating Sectoral Transitions
February 19, 2025 11:00 AM AEDT| By Team Kalkine MediaLithium and Coal Market Dynamics Navigating Sectoral Transitions
ASX 200 Futures Steady, S&P 500 Hits Record Close as Earnings Season Unfolds
February 19, 2025 10:49 AM AEDT| By Team Kalkine MediaHighlights:,S&P 500 Records a New High,– The index closed at a record level following a late-session rally, with resource and value stocks leading the gains.,Investor Sentiment Reaches Multi-Year Highs,– Bank of America's Global Fund Manager Survey r...
"Overly Confident": Careful Bullock Skeptical of RBA Implementing Numerous 25 Basis Point Cuts
February 19, 2025 10:30 AM AEDT| By Team Kalkine MediaHighlights,RBA Cuts Rates,– A 0.25 basis point reduction after 13 months of stability.,Cautious Approach,– Future cuts depend on economic data.,Market Response,– Banks adjust, speculation rises.,The financial sector constantly watches central bank po...
ASX Market Opening: A Steady Wednesday Anticipated as Australian Investors Navigate Mixed Signals | February 19, 2025
February 19, 2025 08:30 AM AEDT| By Team Kalkine MediaHighlights:,The Reserve Bank of Australia reduces rates while maintaining a cautious stance.,Major ASX-listed companies, including NAB and Goodman Group, release earnings reports.,Global market fluctuations add to uncertainty in the Australian financ...
Vaxxas Completes Enrollment for Largest Clinical Trial of High-Density Microarray Patch (HD-MAP) For Vaccine Delivery
February 19, 2025 05:00 AM AEDT| By Business WireThe clinical study aims to evaluate a vaccine for avian influenza A (H7N9) delivered by Vaxxas’ high-density microarray patch (HD-MAP), and is funded by the United States government as a potential c...
WP Engine Announces 2025 Agency Partner Awards Winners
February 19, 2025 04:00 AM AEDT| By Business WireWinners highlight groundbreaking work by agencies creating transformative solutions using WordPress® AUSTIN, Texas--(BUSINESS WIRE)--WP Engine, a global web enablement company providing premium produ...
IperionX Awarded $47.1M by the U.S. DoD to Secure U.S. Titanium Supply Chains
February 19, 2025 03:30 AM AEDT| By Business WireCHARLOTTE, N.C.--(BUSINESS WIRE)--$IPX #Virginia--IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce that it has been awarded a contract for up to US$47.1 million in funding by...
TTC Global Announces Strategic Partnership with Leapwork to Bring AI-Powered Test Automation to Microsoft Dynamics 365 And Microsoft Power Platform Customers in New Zealand
February 18, 2025 05:24 PM AEDT| By Business WireAUCKLAND, New Zealand--(BUSINESS WIRE)--TTC Global, a leading provider of software quality engineering solutions, is proud to announce a new partnership with Leapwork, a worldwide leader in AI-powered...
RBA’s Next Move: Why Future Rate Cuts May Be Slow and Cautious
February 18, 2025 03:58 PM AEDT| By Team Kalkine MediaHighlights,RBA is expected to take a cautious approach to further rate cuts.,Tight,labor market and fiscal policies may slow the easing process.,Global central bank trends, including the US Fed, could influence decisions.,The Reserve Bank of Australi...
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