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Market updates
ASX Set to Rise Amid Iron Ore Price Increase; Platinum Asset Management Rejects Regal Bid; Soul Pattinson Reports Profit Decline
September 26, 2024 09:53 AM AEST| By Team Kalkine MediaAustralian shares are positioned for a potential rise, buoyed by the rally in iron ore prices, despite Wall Street's mixed performance overnight. The ASX futures index indicated a 0.2% gain, with a rise of 17 points near 7 am AEST. Meanwhile, the US...
ASX 200 Expected to Rise, While S&P 500 Retreats and China’s Market Slows
September 26, 2024 09:47 AM AEST| By Team Kalkine MediaThe ASX 200 is expected to open higher, with futures pointing to a 17-point gain, up 0.20% as of 8:30 am AEST. Meanwhile, global market movements show major US indices pulling back from record highs, while China's market rally appears to lose momentu...
Global Enboarder Survey: 1 in 3 Employees Report Poor Onboarding Experiences, With Remote and Hybrid Teams Hit the Hardest
September 26, 2024 05:00 AM AEST| By Business WireIn Enboarder’s global employee onboarding survey, one-third of new hires with sub-par onboarding experiences started looking for new jobs. Twenty-five percent actually left their positions, and 25% s...
Alcoa Schedules Third Quarter 2024 Earnings Release and Conference Call
September 26, 2024 01:30 AM AEST| By Business WirePITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) plans to announce its third quarter 2024 financial results on Wednesday, October 16, 2024, after the close of trading on the New Yor...
TreviPay Expands Dealer Management Offering with Advanced API Integrations
September 26, 2024 01:00 AM AEST| By Business WireEnhanced integration capability for commercial equipment dealers will enable seamless, convenient onboarding and line-item transaction details for fleet programs OVERLAND PARK, Kan.--(BUSINESS WIRE)-...
Allonnia and Mining3 Partner to Expand Collaboration in the Mining Industry and Accelerate Innovations to Market
September 26, 2024 01:00 AM AEST| By Business WireBOSTON--(BUSINESS WIRE)--Allonnia, the bio-ingenuity company dedicated to extracting value where others see waste, today announced their partnership with Mining3, a world-leading research organization...
VALD Secures Significant Growth Equity Investment from FTV Capital
September 26, 2024 01:00 AM AEST| By Business WireInvestment will accelerate geographic expansion and enhance industry-leading product capabilities, cementing VALD’s position as a global technology pioneer in musculoskeletal health BRISBANE, Austral...
Oil Market Update: Prices Steady Amid Geopolitical Tensions and Economic Stimulus
September 25, 2024 06:32 PM AEST| By Team Kalkine MediaHighlights,Brent crude remains above $75 per barrel, while West Texas Intermediate trades near $72.,China's recent economic stimulus measures may influence future energy demand, though effects remain uncertain.,US crude inventories have reportedly de...
ASX Performance Update: CPI Drops to 2.7%, Market Shifts in Response
September 25, 2024 06:22 PM AEST| By Team Kalkine MediaHighlights,The ASX closed 0.19% lower at 8,126.40 points following a CPI decline to 2.7% in August.,Mineral Resources and Sayona Mining saw significant gains amid market declines.,Premier Investments and Sigma Healthcare faced notable losses due to d...
Inflation Cools to 2.7% in August, Aligning with RBA Targets
September 25, 2024 05:47 PM AEST| By Team Kalkine MediaHighlights,Inflation dropped to 2.7% in August, meeting the RBA's target for the first time since mid-2021.,The RBA kept the cash rate at 4.35%, awaiting more evidence of sustainable inflation control.,Despite global easing, the RBA has ruled out rat...
Rightmove Rejects Third Bid From REA Group Valued at $8.1 Billion
September 25, 2024 05:46 PM AEST| By EODHDRightmove rejected the latest bid from News Corp.-controlled REA Group, saying the offer still materially undervalues the company and its future prospects. Continue reading View comments
Solomon Lew Sees Potential in Myer Merger Talks, No Red Flags Identified
September 25, 2024 05:39 PM AEST| By Team Kalkine MediaHighlights,Solomon Lew finds no red flags in Myer merger talks.,Premier’s brands earn 20 cents per dollar, Myer just 1.5 cents, indicating strong merger potential.,Smiggle demerger delayed to prioritize Myer merger discussions.,Retail magnate Solomon...
RBA's Cautious Approach: Inflation, Mortgage Dynamics, and Global Pressures
September 25, 2024 02:57 PM AEST| By Team Kalkine MediaHighlights,RBA holds cash rate at 4.35%, tightening less than global peers.,Australia's inflation remains high due to unique mortgage market dynamics.,Flexible exchange rate shields economy, but China's slowdown adds pressure.,The Reserve Bank of Aus...
Exciting ASX Market Update on Key Developments and Must-Watch Small Caps
September 25, 2024 02:07 PM AEST| By Team Kalkine MediaHighlights,ASX set to rise 0.25% ahead of CPI report, driven by Wall Street gains and China's stimulus.,Gold hits US$2,658.30, iron ore jumps 6% to US$95.15, with CPI growth expected at 2.7%.,Watch small caps: Black Canyon (ASX:BCA) for manganese, In...
ASX Morning Update: Top Performers on a Positive Start
September 25, 2024 01:21 PM AEST| By Team Kalkine MediaHighlights,ReNu Energy doubled after an $8 million green hydrogen grant.,Western Gold Resources rose on a positive Gold Duke project Scoping Study.,Great Boulder Resources revealed high gold grades at the Mulga Bill project.,Good morning! Here are th...
Revolutionizing the Beauty Industry with Attractive Profit Margins and Positive Growth Potential
September 25, 2024 12:43 PM AEST| By Team Kalkine MediaHighlights,Market Potential: Australian injectables exceed,$4 billion,; laser hair removal boasts a 99% margin,.,Expansion Plans:,Stormeur,aims to raise $6-7 million for new outlets in Sydney and Melbourne,.,Profit Strategy: Uniform store design targ...
Australia Clears Coal Mine Expansions in Hit to Green Goals
September 25, 2024 12:41 PM AEST| By EODHD(Bloomberg) -- Australia approved the expansion of three coal mines, sparking criticism of Prime Minister Anthony Albanese’s administration and its efforts to keep emissions in check. Most Read from B...
ASX Set to Rise Ahead of Inflation Data Release
September 25, 2024 12:09 PM AEST| By Team Kalkine MediaHighlights,ASX Set to Rise: ASX expected to open higher with SPI 200 futures up 0.32%, awaiting CPI data.,Wall Street Records: US indexes hit record highs despite weak consumer confidence, boosted by China's stimulus.,Commodity Gains: Oil prices reac...
ASX200 Expected to Open Higher Amid CPI Data Release
September 25, 2024 11:16 AM AEST| By Team Kalkine MediaThe ASX200 is poised for a modest rise of approximately 0.25% as indicated by market futures at 8:30 AM AEST. Investors are closely monitoring the upcoming release of the monthly Consumer Price Index (CPI) inflation data from the Australian Bureau of...
Australian and New Zealand Dollars Surge as Sterling Hits Two-Year High on Weak U.S. Dollar
September 25, 2024 11:15 AM AEST| By Team Kalkine MediaOn Wednesday, both the Australian dollar (AUD) and the New Zealand dollar (NZD) reached multi-month highs, propelled by a robust stimulus package from China aimed at rejuvenating its economy. The AUD climbed to $0.6907, marking its highest point sinc...
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