International News
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Asia report: Most markets fall as Bank of Korea holds rates
Thursday 25 May 2023
(Sharecast News) - Stock markets in the Asia-Pacific region ended mostly in negative territory on Thursday, as prolonged uncertainty over the resolution of the US debt ceiling issue weighed on investo... Read More
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Cryptocurrencies fall again; the Fed and debt ceiling drag Bitcoin down
Thursday 25 May 2023
(Sharecast News) - Cryptocurrencies aren´t able to recover. Bitcoin (BTC) has dropped nearly another 2% in the last 24 hours and threatens to lose $26,200, while Ethereum (ETH) follows in its wake, fa... Read More
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Germany enters technical recession as Q1 GDP revised lower
Thursday 25 May 2023
(Sharecast News) - The German economy entered a technical recession in the first quarter of this year, as households tightened spending, according to official data released on Thursday. Read More
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US close: Stocks lower on Fed minutes, debt ceiling unease
Wednesday 24 May 2023
(Sharecast News) - Wall Street closed on a low note Wednesday, as markets sank amid prolonged negotiations over the federal debt ceiling, and uncertainty sparked by the release of the Federal Reserve'... Read More
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Fed's Waller sounds 'hawkish' note on outlook for rates
Wednesday 24 May 2023
(Sharecast News) - A top US central bank official said he could support a further 25 basis point interest rate hike at the 13-14 June policy meeting, depending on how the economic data came in between... Read More
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Europe close: Stocks slump amid debt ceiling impasse, core UK CPI surprise
Wednesday 24 May 2023
(Sharecast News) - European shares slumped on Wednesday as US debt ceiling talks dragged on and UK inflation fell by less than expected, raising the prospect of yet another increase in British interes... Read More
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US open: Stocks skid on debt ceiling concerns
Wednesday 24 May 2023
(Sharecast News) - Wall Street was adding to the previous day's losses on Wednesday as debt ceiling negotiations between the Republicans and the White House failed to make any progress, with talks due... Read More
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Facebook parent Meta launches third round of layoffs
Wednesday 24 May 2023
(Sharecast News) - Facebook parent Meta Platforms has launched its third round of layoffs, according to reports on Wednesday, as part of its ongoing cost-saving plan. Read More
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US pre-open: Stocks seen down ahead of further debt ceiling talks
Wednesday 24 May 2023
(Sharecast News) - US futures pointed to another downbeat session on Wall Street on Wednesday as debt ceiling negotiations between the Republicans and the White House failed to make any progress, with... Read More
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Asia report: Most markets fall, RBNZ hikes interest rates
Wednesday 24 May 2023
(Sharecast News) - Asia-Pacific stock markets mostly closed in the red on Wednesday, influenced by a turbulent session on Wall Street overnight with US debt ceiling talks ongoing. Read More
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German business sentiment deteriorates in May - Ifo
Wednesday 24 May 2023
(Sharecast News) - German business sentiment deteriorated in May, according to a survey released on Wednesday by the Ifo Institute. Read More
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US close: Wall Street slips amid debt-ceiling talk tedium
Tuesday 23 May 2023
(Sharecast News) - Wall Street experienced a downturn on Tuesday, with all major indexes closing in the negative due to ongoing stalemates over the federal debt ceiling negotiations. Read More
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Europe close: Stocks slip amid debt ceiling concerns
Tuesday 23 May 2023
(Sharecast News) - European shares were lower on Tuesday as talks on the US debt ceiling continued and survey data showed a slowdown in eurozone factory activity, while shares in Julius Baer fell on a... Read More
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US open: Stocks dip amid debt ceiling caution
Tuesday 23 May 2023
(Sharecast News) - Stocks in the US were trading slightly lower following the release of mixed economic data with investors keeping an eye out for further debt ceiling news. Read More
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Apple announces multibillion-dollar deal with Broadcom
Tuesday 23 May 2023
(Sharecast News) - Apple announced a new multi-year, multibillion-dollar agreement with Broadcom on Tuesday to deliver 5G radio frequency components. Read More
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US new home sales rise more quickly than expected in May
Tuesday 23 May 2023
(Sharecast News) - Sales of newly built homes in the US increased by more than expected last month, even if from a lower than anticipated base. Read More
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Activity in US services sector accelerates in May, but slips in manufacturing
Tuesday 23 May 2023
(Sharecast News) - Services sector activity in the US picked up by surprise last month, even as that in manufacturing shrank unexpectedly, the results of two surveys revealed. Read More
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Lowe's cuts outlook on weaker DIY demand
Tuesday 23 May 2023
(Sharecast News) - American hardware retailer Lowe's cut its full-year sales outlook on Tuesday on the back of weaker-than-expected DIY spending. Read More
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Shutterstock to buy Giphy from Meta for $53m
Tuesday 23 May 2023
(Sharecast News) - Shutterstock said on Tuesday that it has agreed to buy Giphy from Meta Platforms for $53m in cash. Read More
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Asia report: Most markets weaker as debt ceiling talks disappoint
Tuesday 23 May 2023
(Sharecast News) - Asia's financial markets largely closed in the red on Tuesday, as concerns over unsuccessful US debt ceiling talks overpowered investor sentiment. Read More
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