International News
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Asia report: Markets tumble on Credit Suisse fallout
Thursday 16 Mar 2023
(Sharecast News) - Stock markets across the Asia-Pacific region suffered losses on Wednesday, with concerns over liquidity at Credit Suisse causing a sell-off in banking stocks globally. Read More
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US pre-open: Futures mixed as Credit Suisse continues to weigh on markets
Thursday 16 Mar 2023
(Sharecast News) - Wall Street futures were pointing to a mixed start to trading ahead of the bell on Thursday as market participants remained focussed on embattled banking giant Credit Suisse. Read More
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Cryptocurrencies and Bitcoin fall on fears of market illiquidity
Thursday 16 Mar 2023
(Sharecast News) - There have been cuts in the cryptocurrency market. Bitcoin (BTC) falls 1.3% in the last 24 hours to around $24,600, while Ethereum (ETH) drops 3% and slips back to $1,650. Read More
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Credit Swiss takes $54bn loan from Swiss National Bank
Thursday 16 Mar 2023
(Sharecast News) - Beleaguered Swiss lender Credit Swiss has agreed to take a CHF50bn ($54bn) loan from the Swiss National Bank after its shares tumbled on Wednesday, sparking a selloff in global fina... Read More
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US close: Stocks mixed as central bank backs Credit Suisse
Thursday 16 Mar 2023
(Sharecast News) - Wall Street stocks closed mixed on Wednesday, as the banking sector weighed on major indices. Read More
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Swiss National Bank to provide Credit Suisse with liquidity if needed
Wednesday 15 Mar 2023
(Sharecast News) - Switzerland's central bank issued a public statement of support for Credit Suisse and said they would provide liquidity if needed. Read More
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Credit Suisse and Swiss authorities in talks
Wednesday 15 Mar 2023
(Sharecast News) - Credit Suisse and Swiss authorities were analysing ways to stem concerns around the lender. Read More
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Europe close: Banks pummeled by sell-off in Credit Suisse shares
Wednesday 15 Mar 2023
(Sharecast News) - European shares gave back all of the previous day's bounce and more as shares of Credit Suisse were pummeled after its auditor signed off on its annual report but issued an 'adverse... Read More
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US open: Stocks sharply lower as financial sector weighs on market
Wednesday 15 Mar 2023
(Sharecast News) - Wall Street stocks were firmly in the red at the opening bell on Wednesday as the banking sector weighed on major indices. Read More
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US housing market index rises for third consecutive month
Wednesday 15 Mar 2023
(Sharecast News) - The National Association of Housebuilders/Wells Fargo housing market index increased for a third month in a row. Read More
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US producer prices dip unexpectedly in February
Wednesday 15 Mar 2023
(Sharecast News) - Wholesale inflation in the US slipped unexpectedly last month as food and services prices fell again. Read More
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Credit Suisse shares plunge as top investor rules out further stake
Wednesday 15 Mar 2023
(Sharecast News) - Shares in Credit Suisse plunged to a record low on Wednesday, after a key investor ruled out providing further capital. Read More
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US retail sales dip by less than expected in February
Wednesday 15 Mar 2023
(Sharecast News) - Americans barely reined in their spending last month, even after January's splurge. Read More
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Asia report: Stocks rise after Wall Street's overnight rebound
Wednesday 15 Mar 2023
(Sharecast News) - Asian stock markets closed higher on Wednesday, with investors taking cues from a rebounding banking sector on Wall Street overnight. Read More
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NY manufacturing activity deteriorates sharply in March
Wednesday 15 Mar 2023
(Sharecast News) - Manufacturing activity in the New York region deteriorated sharply in March, according to data released on Wednesday. Read More
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US pre-open: Futures lower as banking sector weighs on major indices
Wednesday 15 Mar 2023
(Sharecast News) - Wall Street futures were firmly in the red prior to the opening bell on Wednesday as the banking sector weighed on major indices. Read More
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EZ industrial production rises 0.7% in January
Wednesday 15 Mar 2023
(Sharecast News) - Eurozone Industrial production increased by 0.7% in January, better than the 0.4% expected, according to data released on Wednesday. Read More
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Zara owner Inditex sees sales surge
Wednesday 15 Mar 2023
(Sharecast News) - Zara-owner Inditex report a surge in full-year sales and profits on Wednesday, as restrictions were lifted and shoppers returned to stores. Read More
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Cryptos moderate their rebound after the US CPI; Bitcoin tests $25,000
Wednesday 15 Mar 2023
(Sharecast News) - Cryptocurrencies extend Tuesday's gains. Bitcoin (BTC) moderated its gains after surpassing $26,000 and is close to $25,000 on Wednesday. For its part, Ethereum (ETH) rises nearly 2... Read More
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China's economy shows signs of recovery
Wednesday 15 Mar 2023
(Sharecast News) - China's economy strengthened in the first two months of 2023, official data showed on Wednesday, after the end of Covid restrictions boosted consumer spending. Read More
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