Market updates

Traders Reduce Expectations for Reserve Bank of Australia (RBA) Rate...
September 23, 2024 11:27 AM AEST | By Team Kalkine MediaTraders have adjusted their expectations regarding potential interest rate cuts by the,Reserve Bank of Australia (RBA),, significantly lowering the li...
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IRON ORE PRICES DECLINE AS MARKET REACTS TO CHINESE CENTRAL BANK DEC...
September 23, 2024 11:26 AM AEST | By Team Kalkine MediaIron ore prices commenced the week on a downward trend, driven by investor reactions to the recent decision by the People's Bank of China (PBOC) to ma...

ACCC ALLEGES SIGNIFICANT BREACHES BY SUPERMARKETS
September 23, 2024 11:25 AM AEST | By Team Kalkine MediaThe Australian Competition and Consumer Commission (ACCC) has raised serious concerns regarding alleged breaches of consumer law by two major supermar...

S&P 500 SET TO REACH NEW HEIGHTS, STRATEGISTS PREDICT
September 23, 2024 11:24 AM AEST | By Team Kalkine MediaMarket strategists are optimistic that the,S&P 500,(INDEX: SPX) is on track to reset its record high multiple times in the coming months. This bullish...

US DOLLAR'S STRENGTH REMAINS ROBUST, ACCORDING TO GOLDMAN SACHS
September 23, 2024 11:22 AM AEST | By Team Kalkine MediaGoldman Sachs' foreign currency team has stated that the recent decision by the Federal Reserve (Fed) to cut interest rates by half a percentage point...

ASX SET TO DECLINE FROM RECORD HIGH; AUSTRALIAN DOLLAR REACHES US68¢
September 23, 2024 11:21 AM AEST | By Team Kalkine MediaThe Australian sharemarket is anticipated to experience a downturn from its recent record highs, as investor sentiment dims over concerns that the Res...

WORLEY SECURES FIVE-YEAR CONTRACT WITH PETROLEUM DEVELOPMENT
September 23, 2024 11:20 AM AEST | By Team Kalkine MediaWorley Limited (ASX: WOR), a leading global engineering group, has announced the awarding of a significant five-year contract to provide essential ser...
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FLETCHER BUILDING ANNOUNCES $641 MILLION EQUITY RAISING
September 23, 2024 11:19 AM AEST | By Team Kalkine MediaFletcher Building Limited (NZX: FBU), a leading construction and building materials company based in New Zealand, has launched an equity raising initi...

HEARTLAND GROUP HOLDINGS APPOINTS ANDREW DIXSON AS NEW CEO
September 23, 2024 11:18 AM AEST | By Team Kalkine MediaHeartland Group Holdings Limited (NZX: HGH), a prominent New Zealand-based financial services provider, has announced the appointment of Andrew Dixson...

OIL PRICES END WEEK HIGHER AMID FED RATE CUTS AND SUPPLY CONCERNS
September 23, 2024 11:16 AM AEST | By Team Kalkine MediaOil prices wrapped up the week with a second consecutive gain, buoyed by a combination of U.S. Federal Reserve rate cuts and tightening supply conditi...

TELIX PHARMACEUTICALS ACQUIRES RLS USA IN $338 MILLION DEAL
September 23, 2024 11:12 AM AEST | By Team Kalkine MediaTelix Pharmaceuticals Limited (ASX: TLX), a prominent oncology company specializing in radiopharmaceuticals, has announced its acquisition of RLS (USA...

AUSTAL SECURES $220 MILLION DEAL WITH U.S. NAVY
September 23, 2024 11:10 AM AEST | By Team Kalkine MediaAustal Limited (ASX: ASB), a global defense shipbuilding company, has announced a new contract worth $220 million (USD 152 million) with the United St...

HEALIUS TO SELL LUMUS IMAGING FOR $800M, PLANS TO REDUCE DEBT
September 23, 2024 11:09 AM AEST | By Team Kalkine MediaHealius Limited (ASX: HLS), a prominent player in the Australian pathology and diagnostic imaging sector, has announced the sale of its Lumus Imaging...

REA GROUP MAKES THIRD BID FOR BRITAIN'S RIGHTMOVE
September 23, 2024 11:07 AM AEST | By Team Kalkine MediaREA Group (ASX: REA), a prominent property listings company backed by News Corp (NASDAQ: NWS), has made a renewed bid to acquire UK-based property pla...

Australia’s Most Powerful Deal Makers in 2024
September 23, 2024 10:54 AM AEST | By Team Kalkine MediaThe landscape of capital markets in Australia during 2024 reveals a complex interplay of optimism and caution. Although significant capital reserves e...

ASX 200 Decline Expected Amid Key Updates: RBA Meeting, Inflation Da...
September 23, 2024 10:01 AM AEST | By Team Kalkine MediaThe ASX 200 is forecasted to experience a downturn, with futures down 0.8% to 8190 points, following last week's record highs. A range of important ec...

ASX Market Update: Marginal Gains Expected as Investors Await RBA De...
September 23, 2024 09:45 AM AEST | By Team Kalkine MediaThe ASX200 is projected to open 0.11% higher today, building on Friday’s record close of 8209.5 points. Investors are focused on the upcoming Reserve...

ASX 200 Expected to Fall, S&P 500 Retreats, Gold and Uranium Stocks...
September 23, 2024 09:43 AM AEST | By Team Kalkine MediaAs of 8:30 am AEST, the ASX 200 futures are trading 68 points lower, down 0.83%, indicating a potential downturn in today's session.,Market Update,Las...

Rio Tinto Chairman Warns Mining Deals Won’t Solve Supply Crisis
September 23, 2024 09:34 AM AEST | By EODHD(Bloomberg) -- The world needs more mines to cope with rising demand for key energy-transition metals like copper, as mergers and acquisitions will no...

Australia's REA sweetens takeover offer for Britain's Rightmove to $...
September 23, 2024 09:12 AM AEST | By EODHD(Reuters) - Australian property listing firm REA Group said on Monday Britain's largest real estate portal Rightmove had rejected its sweetened 6.1 bi...