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News
A glance at post-COVID-19 future of work
July 18, 2020 03:02 AM AEST| By Team Kalkine MediaIn the wake of COVID-19 crisis, the world of employment is seriously disrupted and many parts of society – including companies, employees and social groups – are expected to perform a role in supporting workers, their families, .....
‘DE’fensive and ‘OF’fensive: Pivoting Strategies for FAANG Stocks set for Action
July 17, 2020 10:09 PM AEST| By Team Kalkine MediaSummary It will not be an exaggeration to mention that as per NASDAQ, FAANG stocks not only withstand the market blow but also put up a “great show”. The market darlings of technology sector, FAANG stocks have grown stronger over th.....
OPEC and Allies Ease Supply Cuts, Market Goes Range-Bound; Things You Should Know
July 17, 2020 09:55 PM AEST| By Team Kalkine MediaSummary The oil market is again range-bound despite supply ease by OPEC and allies as the market assesses the recent development to be balancing the demand and supply dynamics. OPEC and allies have decided to ease the production cut from a reco.....
Start-Up CEO, Fahim Saleh Hacked to Death in his New York Luxury Apartment
July 17, 2020 09:47 PM AEST| By Team Kalkine MediaSummary 1) Tech CEO’s body found in luxury New York apartment. 2) A persona of interest is identified by NY Police Department, not in custody yet, 3) Tragic death of a visionary entrepreneur is a loss .....
Cann Group announces placement with a heavily discounted issue price; stock slides ~12%
July 17, 2020 09:11 PM AEST| By Kunal SawhneyThe Australian cannabis industry has been affected by the recent happenings around the globe, just like other industries. However, the industry was in a much better position than some of the others, including the airline and hospitality industries......
Integrated Research under the Microscope: Tech player predicts record revenue, PAT in FY20
July 17, 2020 08:22 PM AEST| By Team Kalkine MediaSummary ASX-listed technology player Integrated Research Limited was under the spotlight today as it announced its expected results for FY20 – best-ever revenue and profit after tax numbers predicted by the Company. IRI’s market rel.....
Market Update: How Australian Markets Performed on July 17, 2020
July 17, 2020 08:20 PM AEST| By Team Kalkine MediaOn July 17, 2020, S&P/ASX200 ended the session in green as the index witnessed a rise of 0.38% to 6033.6. On the same day, All Ordinaries encountered an increase of 0.36% to 6144.9. S&P/ASX 200 Materials (Sector) ended the session in green a...
China's Economy seems to be bouncing back from Coronavirus
July 17, 2020 07:21 PM AEST| By Team Kalkine MediaSummary China reported that its second-quarter GDP expanded by 3.2% in 2020 from a year earlier as lockdown measures ended, and stimulus was stepped up to overcome the shocks emerging from coronavirus crisis. While China's industrial output ros.....
Huawei Banned from the UK’s 5G Mobile Phone Networks - UK China Lock Horns
July 17, 2020 06:14 PM AEST| By Team Kalkine MediaSummary The UK is the second-largest market for Huawei outside China. Billions of pounds will be spent on removing and replacing Huawei equipment from UK telecommunication sector. Stock market likely to become unstable as Huawei exits from the.....
Bitcoin Swindle: Twitter Jams all verified accounts temporarily
July 17, 2020 04:07 PM AEST| By Team Kalkine MediaThe social media platform Twitter has verified accounts of prominent individuals and corporates from valorous fields such as politics, sports, movies, and technology world. It is a powerful platform for these people to connect with the masses. When.....
Investing Tips: 4 Reasons Big Techs can always stay your best pal
July 17, 2020 02:55 PM AEST| By Team Kalkine MediaSummary The technology industry is full of distinct companies that are best in what they offer along with their larger scale and bargaining power. These big tech firms enrich from network effects with rising number of users who utilise their pr.....
June jobless rate climbs to 7.4% despite addition of 210,800 jobs
July 16, 2020 09:11 PM AEST| By Kunal SawhneyAustralian market slid into negative territory after opening the day at higher note, as investors absorbed data reflecting a higher jobless rate for June. The benchmark index S&P/ASX200 was down by 0.69%, and settled at 6010.90 points, on 16 Ju.....
Market Update: Understanding the Performance of Australian Markets on July 16, 2020
July 16, 2020 09:06 PM AEST| By Team Kalkine MediaOn July 16, 2020, S&P/ASX200 ended the session in red as the index witnessed a fall of 0.69% or 42 points to 6010.9. On the same day, All Ordinaries encountered a fall of 37.4 points or 0.61% to 6123. S&P/ASX 200 Information Technology (Sect...
King River to Kick Off Exploration Programme at High-Grade Gold Projects Next Month
July 16, 2020 08:21 PM AEST| By Team Kalkine MediaSummary King River Resources is set to commence its 2020 exploration programmes next month, targeting gold-related projects including Mt Remarkable Project and Treasure Creek Project. KRR amid the COVID-19 restrictions advanced the completion o.....
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Your Complete Guide: Companies Hitting the COVID-19 Vaccine Charter (Part 1)
July 16, 2020 07:03 PM AEST| By Team Kalkine MediaThousands of scientists worldwide are working on more than 160 investigational vaccine candidates, and so far, none of them has been approved for use. The surge in COVID-19 cases has made the availability of a vaccine the need of the hour. Healthc.....
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A glance at Chinese Economy: rebounding or stalling?
July 16, 2020 06:36 PM AEST| By Team Kalkine MediaSummary Though economically China showcases progress, geopolitically China is garnering backlashes across the world, especially from the US for its recently imposed National Security Law on Hong Kong. China’s relationship with the US reac.....
Eclipse Metals to Commence Ground Exploration on Devil's Elbow U-Au-Pd Project Next Week
July 16, 2020 06:21 PM AEST| By Team Kalkine MediaSummary Eclipse Metals is set to commence a preliminary field exploration program on Devil’s Elbow U-Au-Pd Project in the upcoming week beginning on 20 July 2020. Being the first geological and exploration program over the project since 2.....
A look at Neobanks and tale of this Self-Styled Neo-lender, Wisr
July 16, 2020 04:43 PM AEST| By Team Kalkine MediaSummary COVID-induced crisis has ushered in an era of digitalization across banking, health, property and other industries. Neobank players entered the Australian market after a change in legislation in 2018. Banking and the fintech industry a.....
Bells ringing around a Technical Recession for Economies across the Globe
July 16, 2020 04:32 PM AEST| By Team Kalkine MediaSummary Global economy has suffered a massive blow due to coronavirus pandemic and is facing its worst and deepest recession since World War 2. Singapore’s GDP dived by a record 41.2% in 3 months to June on QoQ basis, entering into a tech.....
Canada’s Bright Spots Amid COVID-19: The Gradual Return of Investments in Sunshine Sectors
July 16, 2020 12:00 PM AEST| By Team Kalkine MediaCanada’s economy and employment has been decimated by containment measures enforced to curb the spread of the coronavirus. In days following the lockdown, the country’s economy entered a recession and markets crashed, wiping off investo.....
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