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 ASX Set to Rebound as US Delays Canada Tariffs; Bitcoin Surges Past $100K

ASX Set to Rebound as US Delays Canada Tariffs; Bitcoin Surges Past $100K

February 04, 2025 07:45 AM AEDT| By Team Kalkine Media

The ASX is poised for recovery after its steepest drop in five months, as the US delays imposing tariffs on Mexico, raising hopes for similar relief for other trade partners....

 Bitcoin Surges Past $100K as Cryptos Recover from Weekend Plunge

Bitcoin Surges Past $100K as Cryptos Recover from Weekend Plunge

February 04, 2025 07:30 AM AEDT| By Team Kalkine Media

Cryptocurrencies rebounded after a sharp weekend sell-off, as fears over US trade tariffs eased. Bitcoin, which had dropped nearly 6% on Monday, climbed over 3% to surpass $100,000 in New York afternoon trading....

 AustralianSuper Invested $500M in Nvidia Before Historic Crash

AustralianSuper Invested $500M in Nvidia Before Historic Crash

February 04, 2025 07:15 AM AEDT| By Team Kalkine Media

AustralianSuper, the country’s largest superannuation fund, invested nearly $500 million in Nvidia shares last quarter, just before the stock’s record-breaking crash on January 27....

 Canada Tariffs to Impact Rio Tinto Revenues

Canada Tariffs to Impact Rio Tinto Revenues

February 04, 2025 07:00 AM AEDT| By Team Kalkine Media

Morgan Stanley estimates that nearly 10% of Rio Tinto’s revenue is exposed to US tariffs on Canadian imports due to the miner’s significant aluminium operations in the region....

 U.S. Eyes $300M Strategic Bitcoin Reserve to Combat Debt and Strengthen Dollar

U.S. Eyes $300M Strategic Bitcoin Reserve to Combat Debt and Strengthen Dollar

February 03, 2025 09:11 AM AEDT| By Team Kalkine Media

The Strategic Bitcoin Reserve initiative aims to alleviate national debt and bolster the U.S. dollar by acquiring and holding Bitcoin....

 Coinbase Acquires Spindl to Boost Onchain Ads and Builder Growth

Coinbase Acquires Spindl to Boost Onchain Ads and Builder Growth

February 03, 2025 09:00 AM AEDT| By Team Kalkine Media

Coinbase has acquired Spindl, an onchain ads and attribution platform, to enhance app distribution and help developers gain visibility in the onchain economy....

 What is Hindenburg Omen?

What is Hindenburg Omen?

February 03, 2025 08:58 AM AEDT| By Team Kalkine Media

The Hindenburg Omen is a controversial technical indicator that attempts to predict stock market crashes by analyzing 52-week highs and lows. Despite its name, inspired by the 1937 airship disaster, its accuracy remains debated, with only a 25% succe...

 Dr  Rebecca McQualter discusses Chimeric Therapeutics' ASX  CHM cancer cell therapy advances

Dr Rebecca McQualter discusses Chimeric Therapeutics' ASX CHM cancer cell therapy advances

February 03, 2025 08:58 AM AEDT| By Team Kalkine Media

Chimeric Therapeutics (ASX: CHM) is advancing three platform technologies through multiple phase 1A and phase 1B clinical trials. Dr Rebecca McQualter, Chief Operating Officer at Chimeric, discusses recent advancements across these platforms. The com...

 Coles Cuts Product Range to Boost Margins, Raising Supplier Concerns

Coles Cuts Product Range to Boost Margins, Raising Supplier Concerns

February 03, 2025 08:55 AM AEDT| By Team Kalkine Media

Coles is reducing the number of products on its shelves by at least 10% to improve profitability, working with consultants at Bain....

 El Jannah Eyes $300M Sales as It Plans Aggressive Expansion

El Jannah Eyes $300M Sales as It Plans Aggressive Expansion

February 03, 2025 08:45 AM AEDT| By Team Kalkine Media

El Jannah, the cult-favorite Lebanese charcoal chicken chain, expects sales to reach between $250 million and $300 million this financial year as it aggressively expands its footprint....

 Gold Miners Gain as ASX Slumps Amid Trade War Fears

Gold Miners Gain as ASX Slumps Amid Trade War Fears

February 03, 2025 08:30 AM AEDT| By Team Kalkine Media

Australian gold miners outperformed the broader ASX market on Monday, benefiting from a surge in gold prices driven by escalating global trade tensions....

 ASX Set to Drop 1% as US Tariffs on China Weigh on Markets

ASX Set to Drop 1% as US Tariffs on China Weigh on Markets

February 03, 2025 08:10 AM AEDT| By Team Kalkine Media

Australian shares are poised to fall 1% on Monday after the US announced a 10% tariff on Chinese imports, adding to global trade tensions....

 What do you mean by Holder of Record?

What do you mean by Holder of Record?

February 03, 2025 08:01 AM AEDT| By Team Kalkine Media

A holder of record is the official registered owner of a security, responsible for receiving dividends, voting rights, and interest payments. Ownership is tracked through direct registration or brokerage accounts, with settlement timing affecting div...

 Westgold Cuts FY25 Production Guidance Amid Engineering Delays

Westgold Cuts FY25 Production Guidance Amid Engineering Delays

February 03, 2025 08:00 AM AEDT| By Team Kalkine Media

Westgold Resources has lowered its FY25 production guidance due to slower-than-expected ramp-ups at its Beta Hunt and Bluebird-South Junction mining assets....

 What Is a Holding Period?

What Is a Holding Period?

February 03, 2025 08:00 AM AEDT| By Team Kalkine Media

In the stock market, the holding period is the time an investor holds an asset before selling it, directly influencing both returns and taxes. Learn the difference between short-term and long-term holdings, how to calculate holding period returns, an...

 Tobacco Tax Drops to Nine-Year Low

Tobacco Tax Drops to Nine-Year Low

January 31, 2025 09:30 AM AEDT| By Team Kalkine Media

Australia's tobacco excise revenue has dropped to a nine-year low of $9.7 billion in 2022-23, down 40% from the 2019-20 peak of $16.3 billion....

 What is a hiring freeze?

What is a hiring freeze?

January 31, 2025 09:29 AM AEDT| By Team Kalkine Media

A hiring freeze is a cost-cutting measure where companies temporarily halt hiring for non-essential roles, often due to financial challenges or economic downturns. While it helps preserve cash flow and prevent layoffs, it can also increase workloads,...

 ResMed Surpasses Earnings Forecasts Amid Strong Sleep Device Demand

ResMed Surpasses Earnings Forecasts Amid Strong Sleep Device Demand

January 31, 2025 09:00 AM AEDT| By Team Kalkine Media

ResMed outperformed market expectations in Q2, reporting a 10% revenue increase to $US1.3 billion and a 65% surge in net income to $US344.6 million....

 What is a Hire Purchase Agreement?

What is a Hire Purchase Agreement?

January 31, 2025 09:00 AM AEDT| By Team Kalkine Media

A Hire Purchase (HP) agreement enables consumers to acquire assets by making an initial down payment and paying the remaining cost in installments with interest. While the buyer gains immediate use of the asset, ownership remains with the seller unti...

 NAB Partners with Amazon to Introduce Direct Bank Payments via PayTo

NAB Partners with Amazon to Introduce Direct Bank Payments via PayTo

January 31, 2025 08:50 AM AEDT| By Team Kalkine Media

Amazon has introduced PayTo, a new payment option in Australia allowing customers to pay directly from their bank accounts, bypassing traditional credit and debit cards....

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