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Mooners and Shakers: Will Crypto Recover in March After a Rough February? Spotlight on Upcoming White House Summit
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,February witnessed significant price swings, with Bitcoin experiencing a sharp decline before rebounding above a key threshold.,The US government initiated efforts to establish a strategic cryptocurrency reserve, marking a shift in regula...
Monsters of Rock: The Next Phase of Rio Tinto Evolves
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Rio Tinto completes the acquisition of Arcadium Lithium, reinforcing its presence in the battery metals sector.,A major investment is directed toward a new mine in Pilbara to enhance iron ore production capacity.,Market movements show shif...
ASX 200 Set to Open Higher as US Tariff Delay Sparks Optimism
March 06, 2025 10:51 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a rebound after a two-session decline, tracking overnight US market gains.,US markets surged as the Trump administration announced a one-month delay on auto tariffs.,Energy and mining stocks under pressure amid a...
ASX Stumbles Amid Global Trade Tensions and Economic Headwinds
March 06, 2025 01:41 AM AEDT| By Team Kalkine MediaHighlights,ASX 200 extends losses as trade tensions escalate.,Nine out of 11 sectors finish lower, with energy and financials taking a hit.,Gold prices rise, boosting select mining stocks.,The Australian stock market faced another challenging session...
ASX Slips as Global Trade Tensions and Economic Indicators Weigh on Market
March 05, 2025 10:21 PM AEDT| By Team Kalkine MediaHighlights,ASX follows Wall Street lower,, with the S&P/ASX 200 hitting a 20-day low.,Gold stocks shine,, driven by rising bullion prices amid global tariff concerns.,Economic growth in Australia shows improvement,, but not enough to offset market pr...
ASX Hits Yearly Low as Global Trade Tensions Weigh on Markets
March 05, 2025 10:10 PM AEDT| By Team Kalkine MediaHighlights,ASX drops to its lowest level of the year, led by declines in consumer staples and banks.,Energy stocks struggle as oil prices remain weak, while gold miners find strength in market uncertainty.,Several companies see significant movements...
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Virgin Australia Expands Global Reach with Qatar Airways Partnership
March 05, 2025 09:54 PM AEDT| By Team Kalkine MediaHighlights,Virgin Australia secures final approvals for Qatar Airways alliance.,28 weekly flights to Qatar set to launch, fully utilized by December 2025.,New routes from Perth, Sydney, and Brisbane commence in June, Melbourne in December.,Virgin Aus...
China’s Steel Industry Faces Production Cuts Amid Oversupply Challenges
March 05, 2025 09:47 PM AEDT| By Team Kalkine MediaHighlights,China plans steel production cuts to tackle oversupply and improve profitability.,Government aims to support industry restructuring and efficiency.,Market anticipates potential reduction of up to 50 million tons annually.,China is set to i...
Australian Dollar Reacts to Global Trade Moves and Domestic Growth Data
March 05, 2025 09:41 PM AEDT| By Team Kalkine MediaHighlights,Australian dollar dips following tariff announcement and China’s stimulus response.,Domestic economic growth remains strong despite external pressures.,Three-session upward trend still holds, with a 1% gain in recent days.,The Australian d...
BPH Energy (ASX: BPH) Reports Turnaround with Profit in 1HFY25
March 05, 2025 07:36 PM AEDT| By Aditi SarkarHighlights,BPH Energy reported a profit of AUD 7 million during 1HFY25, marking a significant turnaround from the previous year’s losses.,Revenue from ordinary activities rose by 94.7%.,The company secured AUD 1.6 million through placements.,BPH’s in...
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Deterra Royalties (ASX:DRR) Eyes Enhanced Synergies in H2FY25 and FY26 Through Strategic Efficiency Initiatives
March 05, 2025 04:32 PM AEDT| By Team Kalkine MediaHighlights,DRR’s revenue dropped by 5.55% to AUD 112.3 mn in H1FY25 due to lower iron ore prices.,The company has maintained EBITDA margins at 94% in H1FY25, driven by low-cost operations and high productivity at core assets.,Director Graeme Devlin h...
China's Growth Target Sparks Optimism in Markets
March 05, 2025 03:11 PM AEDT| By Team Kalkine MediaHighlights,Chinese stocks surge as economic targets hint at stronger stimulus.,Technology,sector leads gains after government support pledge.,Market sentiment improves amid concerns over tariffs and deflation.,Chinese stock markets experienced a nota...
Australian Market Rebounds as Miners Strengthen and Chinese Stocks Surge
March 05, 2025 03:10 PM AEDT| By Team Kalkine MediaHighlights,ASX pares losses,amid Chinese stimulus measures and miner strength.,Consumer,staples sector struggles,, while miners show resilience.,Investors eye US tariff updates,after China’s economic boost.,Australia’s share market saw a rebound from...
ASX Slips Over 1% as Coles, Woolworths Decline; Banks Face Pressure
March 05, 2025 02:55 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 declines over 1% as market tracks Wall Street losses.,Consumer staples and financials lead the downturn, with Coles (,ASX:COL,) and Woolworths (,ASX:WOW,) falling over 3%.,Mining,sector shows resilience, buoyed by gains in Rio Tint...
Global Markets Surge Amid Hopes of Trade Agreement and Economic Boost
March 05, 2025 02:51 PM AEDT| By Team Kalkine MediaHighlights,US and European stock futures rise,on optimism around trade discussions.,Nasdaq and S&P 500 futures climb,, signaling potential market rebound.,Germany’s economic plans add further support,to European stocks.,Global markets experienced a s...
Trump’s Push for Reciprocal Tariffs: Potential Impact on Global Trade
March 05, 2025 02:44 PM AEDT| By Team Kalkine MediaHighlights,New tariff policies,set,to begin on April 2.,U.S. aims to match foreign tariffs with equal measures.,Canada and Mexico’s subsidies may face changes.,Former U.S. President Donald Trump has reinforced his plan to introduce sweeping reciproca...
King River (ASX:KRR) 1H Update: High-Grade Gold and New Mineralisation at Tennant Creek
March 05, 2025 01:51 PM AEDT| By Aditi SarkarHighlights,In 1HFY25, KRR conducted an extensive drilling program at Tennant Creek to follow up on targets identified during the 2023 geophysics program.,Assays from the drilling program revealed notable geochemical anomalies and promising gold resul...
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Australia’s Economy Surges in Q4: Key Takeaways and Market Impact
March 05, 2025 12:54 PM AEDT| By Team Kalkine MediaHighlights,GDP Growth Beats Expectations,: Australia’s economy expanded by 0.6% in Q4, surpassing forecasts.,Annual Growth Accelerates,: The annual GDP growth rate climbed to 1.3%, up from 0.8% in the previous quarter.,Global Trade Concerns,: The imp...
ASX Tumbles as Investors Assess China’s Stimulus and Await Trade Clarity
March 05, 2025 12:53 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 slides over 1% amid global trade tensions and China’s economic stimulus.,Banking and consumer staples weigh on the market, while mining stocks provide some support.,Investors look ahead to US trade policy updates for further market...
Virgin Australia’s Leadership Shift: Dave Emerson Takes the Helm Amid IPO Plans
March 05, 2025 12:04 PM AEDT| By Team Kalkine MediaHighlights,Virgin Australia appoints Dave Emerson as CEO.,Reports best-ever half-year earnings of $439 million.,Preparing for ASX return with Qatar Airways as a key investor.,Virgin Australia has officially named Dave Emerson as its next Chief Execut...
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