International News
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Strong demand in China lifts Richemont
Thursday 18 Jan 2024
(Sharecast News) - Shares in Richemont sparked on Thursday after the Swiss owner of Cartier posted a jump in quarterly sales, driven by strong demand in China. Read More
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Japan's Sekisui House to buy US housebuilder MDC for $4.9bn
Thursday 18 Jan 2024
(Sharecast News) - Japanese housebuilder Sekisui House said on Thursday that it has agreed to buy US peer M.D.C. Holdings for $4.9bn in cash. Read More
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Tata Steel and unions in crunch meeting over Port Talbot
Thursday 18 Jan 2024
(Sharecast News) - Workers at Tata Steel's Port Talbot plant were bracing for swingeing job cuts on Thursday, as company officials met with unions to discuss the steelworks' future. Read More
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US pre-open: Stocks mixed ahead of jobless claims data
Thursday 18 Jan 2024
(Sharecast News) - Wall Street stocks were mostly higher ahead of the bell on Thursday following yet another losing session for the blue-chip Dow Jones. Read More
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Asia report: Most markets fall as Aussie jobs market narrows
Thursday 18 Jan 2024
(Sharecast News) - Markets in the Asia-Pacific region were in a mixed state on Thursday, with Hong Kong stocks rebounding while mainland China shares also rose after languishing near five-year lows. Read More
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Eurozone construction registers steepest annual drop in nearly three years
Thursday 18 Jan 2024
(Sharecast News) - Construction output in the eurozone fell again in November, registering its biggest annual drop in nearly three years, according to data released on Thursday by Eurostat. Read More
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US close: Rising yields, hawkish comments weigh on stocks
Wednesday 17 Jan 2024
(Sharecast News) - US stocks fell on Wednesday as bond yields rose on the back of resilient economic data, with central bankers in both the States and Europe doing their best to temper expectations fo... Read More
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NAHB housing market index rises to 44 in January
Wednesday 17 Jan 2024
(Sharecast News) - The National Association of Housebuilders' housing market index rose to 44 in January, up from 37 in the previous month, extending its rebound from a low touched in November and fir... Read More
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US open: Stocks trade lower, retail sales in focus
Wednesday 17 Jan 2024
(Sharecast News) - Wall Street stocks were in the red early on Wednesday as market participants continued to mull over the future of monetary policy and digested retail sales data for the all-importan... Read More
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OPEC reaffirms 2024 growth projections, offers 2025 guidance
Wednesday 17 Jan 2024
(Sharecast News) - OPEC reaffirmed its projection of robust growth in global oil demand for 2024 on Wednesday, as well as offering an early outlook for 2025, highlighting China and the Middle East as ... Read More
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US retail sales jump 0.6% in December
Wednesday 17 Jan 2024
(Sharecast News) - US retail sales soared 0.6% month-on-month in December, according to the Census Bureau, beating forecasts of 0.4% for the biggest increase in three months. Read More
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US pre-open: Futures lower as monetary policy remains in focus
Wednesday 17 Jan 2024
(Sharecast News) - Wall Street futures were in the red ahead of the open on Wednesday as market participants continued to mull over the future of monetary policy. Read More
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Asia report: Markets tumble as China's GDP growth misses
Wednesday 17 Jan 2024
(Sharecast News) - Stock markets in the Asia-Pacific region faced significant declines on Wednesday, as investor sentiment took a hit across the board. Read More
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Eurozone inflation rises, but downward trend expected to resume
Wednesday 17 Jan 2024
(Sharecast News) - The sharp pick-up in eurozone inflation in December was confirmed on Wednesday, according to final estimates from Eurostat, but forecasts suggests price pressures will ease signific... Read More
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China GDP just misses estimates, population falls again
Wednesday 17 Jan 2024
(Sharecast News) - China's economy continued to struggle at the end of last year as it recorded another decline in population and fourth-quarter gross domestic product expanded at 5.2%, just missing e... Read More
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JPMorgan Securities to pay $18m over anti-whistleblower practices
Tuesday 16 Jan 2024
(Sharecast News) - JP Morgan Chase subsidiary, JPMorgan Securities agreed to pay an $18m penalty, it emerged on Tuesday, in response to allegations of violating whistleblower protection regulations by... Read More
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US open: Stocks mixed following MLK Day break
Tuesday 16 Jan 2024
(Sharecast News) - Wall Street stocks were mixed early on Tuesday as traders returned from the Martin Luther King Jr Day break to more bank earnings and headlines from the Republican Party's Iowa cauc... Read More
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Morgan Stanley posts slide in fourth-quarter profits
Tuesday 16 Jan 2024
(Sharecast News) - Morgan Stanley reported a slide in fourth-quarter income on Tuesday, as costs in its core wealth management division jumped. Read More
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Empire State manufacturing index plummets in January
Tuesday 16 Jan 2024
(Sharecast News) - The New York Empire State manufacturing index fell to -43.7 in January, according to the Federal Reserve, the lowest reading since May 2020, pointing to a sharp drop in manufacturin... Read More
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Goldman Sachs Q4 results top expectations
Tuesday 16 Jan 2024
(Sharecast News) - Investment bank Goldman Sachs reported fourth-quarter results that topped Wall Street expectations on Tuesday, driven by better-than-expected asset and wealth management revenues. Read More
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