International News
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China approves BioNTech Covid vaccine for use among expatriates
Friday 04 Nov 2022
(Sharecast News) - China approved BioNTech SE's mRNA Covid-19 vaccine for use among the expatriate population in the People's Republic of China. Read More
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Asia report: Hong Kong rally continues on China reopening chatter
Friday 04 Nov 2022
(Sharecast News) - Stock markets were mixed at the end of trading in Asia on Friday, with Hong Kong's benchmark surging more than 5% on continued speculation of a post-Covid reopening in China. Read More
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SocGen tops expectations for third-quarter net earnings
Friday 04 Nov 2022
(Sharecast News) - French banking giant Societe Generale beat expectations on its reported third-quarter net earnings on Friday, which came in at €1.5bn - well ahead of the €1bn analysts h... Read More
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Bitcoin manages to stay above $20,000, thanks to a bullish week
Friday 04 Nov 2022
(Sharecast News) - A bullish week in the cryptocurrency market has favored Bitcoin, as it manages to stay above $20,000 for several days in a row. However, not all analysts believe that the cryptocurr... Read More
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China preparing to end Covid flight suspensions - report
Friday 04 Nov 2022
(Sharecast News) - China is reportedly working on plans to scrap a system that penalises airlines for bringing virus cases into the country. Read More
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EZ composite PMI hits lowest level in almost two years
Friday 04 Nov 2022
(Sharecast News) - Eurozone business activity contracted in October as the cost-of-living crisis hit demand, the S&P Global PMI survey revealed on Friday. Read More
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German factory orders slump in September
Friday 04 Nov 2022
(Sharecast News) - German factory orders fell a lot more than expected in September, according to figures released on Friday by Destatis, adding to concerns it is entering a recession. Read More
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Europe close: Stocks slip after Fed and BoE rate hikes
Thursday 03 Nov 2022
(Sharecast News) - European equities were modestly lower on Thursday as investors digested the US Federal Reserve's suggestion overnight that rates could continue to rise for longer and the Bank of En... Read More
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US close: Stocks fall further ahead of nonfarm payrolls
Thursday 03 Nov 2022
(Sharecast News) - Wall Street stocks closed weaker on Thursday as market participants continued to digest the 75-basis point rate hike from the Federal Reserve on Wednesday, and looked ahead to Frida... Read More
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US Q3 unit labour costs grow slightly less quickly than expected
Thursday 03 Nov 2022
(Sharecast News) - US non-farm labour productivity and unit labour costs were a tad better behaved than expected during the third quarter. Read More
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ISM services PMI falls a bit more than expected in October, but prices pick up
Thursday 03 Nov 2022
(Sharecast News) - Activity in America's services sector grew a tad less quickly than anticipated in October, the results of a closely followed survey revealed, but price pressures grew. Read More
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US open: Stocks trade lower following Fed decision
Thursday 03 Nov 2022
(Sharecast News) - Wall Street stocks were in the red early on Thursday as market participants came to terms with the Federal Reserve's decision to hike interest rates by 75 basis points. Read More
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US foreign trade deficit widens by more than expected in September on strong imports
Thursday 03 Nov 2022
(Sharecast News) - America's shortfall on trade with the rest of the world rose unexpectedly at the end of the third quarter. Read More
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US pre-open: Futures trade lower following Fed's rate hike
Thursday 03 Nov 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants came to terms with the Federal Reserve's decision to hike interest rates by 75 basis points. Read More
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Peloton reports first-quarter loss, forecasts weaker holiday sales
Thursday 03 Nov 2022
(Sharecast News) - Peloton Interactive quarterly losses came in at almost double market expectations on Thursday, as the ailing smart exercise equipment maker took the wraps off a seriously weak holid... Read More
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Moderna Q3 earnings and sales disappoint
Thursday 03 Nov 2022
(Sharecast News) - Biotechnology outfit Moderna missed analysts' estimates for third quarter earnings and sales by a wide margin. Read More
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Asia report: Markets down after Fed hike as China services disappoint
Thursday 03 Nov 2022
(Sharecast News) - Stocks in Asia were weaker across the board on Thursday, after investors woke up to another 75-basis point rate hike from the US Federal Reserve, with more tightening on the horizon... Read More
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Eurozone unemployment rate ticks lower in September
Thursday 03 Nov 2022
(Sharecast News) - Eurozone unemployment edged lower in September, according to figures released on Thursday by Eurostat. Read More
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Morgan Stanley plans fresh round of global layoffs - report
Thursday 03 Nov 2022
(Sharecast News) - Morgan Stanley is reportedly planning to start a fresh round of layoffs globally in the coming weeks, as dealmaking business takes a hit from rising inflation and the economic downt... Read More
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The Fed fails to stick to its script; cryptocurrency market erases gains
Thursday 03 Nov 2022
(Sharecast News) - The Fed has not followed the script. The cryptocurrency market presents a slightly bearish sign on Thursday after erasing its gains on Wednesday and the Federal Reserve (Fed) has te... Read More
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