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World news
ASX market rises, following Wall Street’s rally before the US elections result
November 05, 2020 02:27 PM AEDT| By Kunal SawhneyFinally, the world is closer than ever to witness, probably the most important event for the world nowadays, i.e. outcome of the 59th quadrennial US presidential elections. With the current count of 264 electoral votes in favour of Joe Biden, the m.....
AU & US Earnings beat expectations but future still looks gloomy
November 05, 2020 06:00 AM AEDT| By Team Kalkine MediaThe coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in the earnings, the recovery has been quite fast across sectors. Looking at the third quarter perfor.....
Ant Group’s Race to world’s biggest IPO Abruptly Derailed, Regulator Raises Red Flag
November 04, 2020 07:01 PM AEDT| By Team Kalkine MediaWhat was supposed to be the world’s biggest Initial Public Offering (IPO) by financial technology company Ant Group, came to an abrupt halt in Shanghai and Hong Kong when Chinese regulators waved a red flag, derailing a record USD 34.5 billio.....
US Presidential Election 2020 Battle: ASX Stocks worth watching post the results
November 04, 2020 03:16 PM AEDT| By Team Kalkine MediaNot just the US, but the entire world is waiting with bated breath to find the final outcome of the US Presential elections, that were held on 03 November 2020. Just like the share markets across the world, the election results are bound to have an.....
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Aussie Home Loans’ Chairman John Symond hangs his boots
November 04, 2020 03:08 PM AEDT| By Team Kalkine MediaAussie Home Loans founder John Symond retired on 3 November 2020 from the company, after spending almost three decades as the Chairman. At present, John Symond’s nephew James Symond is the Chief Executive of the company. Geoff Austin, who ha.....
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Volatility In Gold And Crude Surges On The Heels Of US Presidential Elections 2020
November 04, 2020 02:50 PM AEDT| By Team Kalkine MediaGold prices are back in focus as the U.S. 2020 presidential election reaches the crescendo. The gold spot market has demonstrated an upper bounce during the trading session on 4 November 2020 with gold spot surging from the recent low of USD 1,859......
AstraZeneca (AZN) Sells the rights of Two drugs to Cheplapharm for US$400 million
November 03, 2020 05:36 PM AEDT| By Team Kalkine MediaAstraZeneca Plc (LON:AZN) disclosed that it signed an agreement to sell the commercial rights of its hypertension medicines Atacand and Atacand Plus to Cheplapharm Arzneimittel GmbH, a German pharmaceutical company. Cheplapharm&.....
US Presidential election at the fag end, is the market nervous?
November 03, 2020 04:00 PM AEDT| By Team Kalkine MediaWith the US Presidential election 2020 due today i.e. 3 November 2020, the stock market has already given a key signal of the winner. CFRA’s ‘Presidential Predictor’ is showing victory of Joe Biden, the Democratic candidate, defea.....
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Google’s sister company X sheds light on its ambitious mental health project
November 03, 2020 03:55 PM AEDT| By Team Kalkine MediaAlphabet’s X, the Moonshot Factory, recently published a new blog post, detailing the findings of its mental health project called Project Amber. X, Google’s sister company, is a semi-secret research and development facility and organi.....
Amex, Visa and Mastercard hit hard by subdued international travel
November 02, 2020 04:09 PM AEDT| By Team Kalkine MediaInternational travel continues to be one of the areas suppressed by pandemic implications. Although international travel has resumed in channels, the return to pre-pandemic levels is far. In the light of rising infections in Europe, countrie.....
Weak iPhone sales dragged Apple stock price in after-hours trading
November 02, 2020 12:46 PM AEDT| By Team Kalkine MediaApple Inc. shares declined by 5.2% in after-hours trading on 29 October as the Company once again failed to offer a financial outlook amid the ongoing certainty surrounding the coronavirus outbreak. Since coronavirus related delay caused the new s.....
Staycation and workation becoming the latest trends in the hospitality segment
November 01, 2020 01:20 AM AEDT| By Kunal SawhneyCOVID-19 has pushed people to come out of their daily routine and adapt to living in the new normal. The crisis has led the hospitality industry to bring innovation and modifications in their services as countries reopen gradually after seve.....
Why electric trucks are gaining more popularity?
November 01, 2020 12:11 AM AEDT| By Edita IvancevicElectric cars are likely to replace traditional vehicles in the upcoming years, as the demand for sustainable energy grows by the day. However, companies such as Tesla do believe that humanity can get out of the mess it created. Electric vehicles a.....
10 reasons why Bitcoin might not be the best investment
October 31, 2020 02:02 AM AEDT| By Edita IvancevicWhile traditional stock markets are prone to experiencing high volatility due to changing economic or political situations in the world, cryptocurrencies are not affected in the same way. They tend to be influenced by unprecedent, almost overnight .....
Australian Aviation industry news: Qantas gets creative with Airbus A321
October 30, 2020 04:09 PM AEDT| By Team Kalkine MediaAustralia’s Qantas Airways Limited (ASX:QAN) has started the world’s first A321 cargo flight, initially utilised as a passenger flight. The airline has been a part of the industry for more than a century, continuously .....
ANZ's new emissions policy welcomed by conservationists but irks senior Nationals MPs
October 30, 2020 04:00 PM AEDT| By Team Kalkine MediaAustralia and New Zealand Banking Group (ASX:ANZ) and (NZX:ANZ) is a dual listed stock that unveiled its latest climate change policy, which will see the Bank moving away from funding thermal coal and switching to a zero-emissions economy by 2.....
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New Zealand votes for Euthanasia, Cannabis legalisation gets a thumbs down
October 30, 2020 03:41 PM AEDT| By Team Kalkine MediaIn a significant development, majority of the New Zealanders have voted yes to legalise Euthanasia. Preliminary results are out after the New Zealander cast their votes in two referendums – one for the End of Life Choice Act and second for th.....
Australia Rich List 2020: Gina Rinehart at $29b wears the ‘Aussie’s Richest’ Crown
October 30, 2020 03:05 PM AEDT| By Team Kalkine MediaDuring the COVID-19 pandemic, Australia’s rich have become more affluent. Australian mining magnate Gina Rinehart has once again topped the AFR rich list 2020, having seen her wealth double in just one year. Ms Rinehart’s personal wealt.....
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Is Tesla (NASDAQ:TSLA) maintaining its lead in the Battery Electric Vehicle race in Europe?
October 30, 2020 02:55 PM AEDT| By Team Kalkine MediaAutomotive industry giant Tesla Inc (NASDAQ:TSLA) grabbed world attention after it recently stated that it would export electric vehicles to Europe. Leading electric vehicle company reportedly announced that it has started to export Made-in-China M.....
Microsoft & Netflix trading flat despite robust results, Here’s Why
October 28, 2020 06:18 PM AEDT| By Team Kalkine Mediaul> NASDAQ-listed Microsoft Corporation slipped lower on Tuesday post releasing its FY2021 Q1 earnings results as the tech giant fell short of analysts’ consensus over future earnings guidance. The stock settled ~ 2.84 per cent lower on 27...
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