International News
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New Zealand central bank cuts interest rates by 50bp
Wednesday 09 Oct 2024
(Sharecast News) - New Zealand's central bank has cut interest rates by 50 basis points in an effort to steady inflation and gave indications that more easing could follow, but stopped short of provid... Read More
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Asia report: Chinese markets plunge on mixed day for region
Wednesday 09 Oct 2024
(Sharecast News) - Asia-Pacific markets saw a mixed performance on Wednesday, with Chinese stocks snapping a 10-day winning streak amid a volatile trading session. Read More
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US DoJ calls for breakup of Google
Wednesday 09 Oct 2024
(Sharecast News) - The US government was said to be calling for a judge to break up Google in a potentially landmark ruling that would reshaped just how tech giants conduct their affairs. Read More
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German trade surplus jumps as exports unexpectedly rise
Wednesday 09 Oct 2024
(Sharecast News) - Germany's trade surplus jumped by more than forecast in August as exports unexpectedly grew, according to figures from the Federal Statistical Office on Wednesday. Read More
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US close: Tech stocks lead markets higher
Tuesday 08 Oct 2024
(Sharecast News) - US stocks finished higher on Tuesday, with the Nasdaq outperforming the other main benchmarks as all Magnificent Seven heavyweights advanced. Read More
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Europe close: Luxury, commodity stocks drop as China concerns hit markets
Tuesday 08 Oct 2024
(Sharecast News) - European stocks pared losses slightly by the close after a positive start on Wall Street but remained firmly in the red, with heavy falls in the drinks, luxury and commodities secto... Read More
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US open: Stocks mixed as bond yields remain elevated
Tuesday 08 Oct 2024
(Sharecast News) - Major indices were mixed early on Tuesday as oil prices eased slightly but bond yields remained elevated. Read More
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PepsiCo cuts revenue outlook again
Tuesday 08 Oct 2024
(Sharecast News) - PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter. Read More
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US pre-open: Futures higher following Monday's heavy losses
Tuesday 08 Oct 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday amid heightened oil prices and rising bond yields. Read More
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NFIB small business optimism index falls short of expectations
Tuesday 08 Oct 2024
(Sharecast News) - The National Federation of Independent Business' September optimism index increased to 91.5 in September, missing forecasts for a print of 91.7 and marking the 33rd consecutive mont... Read More
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Asia report: Most markets fall as China returns from holiday
Tuesday 08 Oct 2024
(Sharecast News) - Asia-Pacific markets experienced a turbulent session on Tuesday, as mainland Chinese markets returned from a week-long break, while traders digested weak data from Japan. Read More
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China to impose anti-dumping measures on EU brandy, drink stocks slump
Tuesday 08 Oct 2024
(Sharecast News) - Shares of European drinks makers slumped on Tuesday after China said it would impose provisional anti-dumping tariffs on brandy imported from the European Union this week. Read More
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Auto industry drive big jump in German Aug industrial production
Tuesday 08 Oct 2024
(Sharecast News) - German industrial production increased more than expected in August, driven by a "significant" jump in the auto industry, according to official data published on Tuesday. Read More
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Auto industry drive big jump in German Aug industrial production
Tuesday 08 Oct 2024
(Sharecast News) - German industrial production increased more than expected in August, driven by a "significant" jump in the auto industry, according to official data published on Tuesday. Read More
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US close: Stocks drop as investors scale back risk appetite
Monday 07 Oct 2024
(Sharecast News) - US stocks fell sharply on Monday with the Dow pulling back from record highs as investors adopted a cautious approach ahead of the third-quarter earnings season, while oil prices su... Read More
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US open: Stocks lower as investors look ahead to Q3 earnings
Monday 07 Oct 2024
(Sharecast News) - Wall Street stocks were in the red early on Monday as major indices fell short of picking up where they left off in the previous session. Read More
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Apollo to buy Barnes Group in $3.6bn deal
Monday 07 Oct 2024
(Sharecast News) - Technology and aerospace manufacturer Barnes Group said on Monday that it has agreed to be bought by Apollo Global Management for $3.6bn in cash. Read More
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Chevron Canada to sell assets to Canadian Natural for $6.5bn
Monday 07 Oct 2024
(Sharecast News) - Chevron Canada said on Monday that it has agreed to sell its 20% interest in the Athabasca Oil Sands Project (AOSP) to Canadian Natural Resources for $6.5bn in cash. Read More
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US pre-open: Futures points to losses as traders look ahead to Q3 earnings season
Monday 07 Oct 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday as major indices looked set to fall short of picking up where they left off in the previous session as investors look... Read More
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Eurozone retail sales inch higher, meet forecasts
Monday 07 Oct 2024
(Sharecast News) - Retail sales across the eurozone inched higher in August, according to figures released by Eurostat on Monday. Read More
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