International News
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US pre-open: Futures in the red following Dow's record close
Friday 20 Sep 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday following yesterday's rally. Read More
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Nike shares jump as CEO John Donahoe steps down
Friday 20 Sep 2024
(Sharecast News) - Nike's share price was set to surge on Friday morning after the news that boss John Donahoe is to step down next month amid the sports apparel giant's struggles to regain momentum i... Read More
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Asia report: Markets rise as Japan, China central banks hold rates
Friday 20 Sep 2024
(Sharecast News) - Asian markets ended the trading week on a positive note, with Japan's Nikkei leading gains after a strong performance on Wall Street. Read More
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Mercedes-Benz shares drop as China weakness prompts profit warning
Friday 20 Sep 2024
(Sharecast News) - Shares in Mercedes-Benz Group tanked on Friday after the German auto giant scaled back its full-year guidance due to ongoing struggles in the Chinese market. Read More
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PBOC holds rates steady despite weakening recovery
Friday 20 Sep 2024
(Sharecast News) - The People's Bank of China defied expectations to keep benchmark interest rates unchanged on Friday despite calls to ease policy in the face of a weak economic recovery. Read More
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Bank of Japan leaves interest rates unchanged
Friday 20 Sep 2024
(Sharecast News) - Officials at the Bank of Japan decided to leave interest rates unchanged on Friday, as the central bank upgraded its few on consumption and signalled greater confidence in the econo... Read More
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German industrial producer prices fall 0.8% in August
Friday 20 Sep 2024
(Sharecast News) - German industrial producer prices fell 0.8% in August year on year due to lower energy costs, official data revealed on Friday. Read More
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US close: Dow Jones rallies more than 520 points to fresh record
Thursday 19 Sep 2024
(Sharecast News) - Wall Street stocks closed sharply higher on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point. Read More
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US existing home sales fall despite declining mortgage rates
Thursday 19 Sep 2024
(Sharecast News) - Existing US homes sales fell to a 10-month low in August despite a fall in mortgage rates during the month, according to data published on Thursday, although mortgage applications p... Read More
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Europe close: Stocks surge as rate-cut hopes boost risk appetite
Thursday 19 Sep 2024
(Sharecast News) - European stock markets rose strongly on Thursday in the aftermath of the Federal Reserve's biggest rate cut in 16 years, as other central banks indicated that more monetary easing w... Read More
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Axel Springer to split classifieds business from media assets
Thursday 19 Sep 2024
(Sharecast News) - Politico owner Axel Springer said on Thursday that it had struck a deal with its largest shareholder KKR to split its classifieds business from its media assets. Read More
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Philly Fed manufacturing index unexpectedly turns positive
Thursday 19 Sep 2024
(Sharecast News) - Manufacturing activity in the Philadelphia region unexpectedly expanded in September after contracting sharply the previous month, though current indicators for the industry still r... Read More
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US initial jobless claims fall to four-month low
Thursday 19 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 14 September, according to the Labor Department, beating market expectations. Read More
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US pre-open: Futures sharply higher following Fed's big rate cute
Thursday 19 Sep 2024
(Sharecast News) - Wall Street futures were firmly in the green ahead of the bell on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point. Read More
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EU competition regulator launches compliance proceedings with Apple
Thursday 19 Sep 2024
(Sharecast News) - European Union competition authorities started proceedings against Apple on Thursday, in a bid to enforce compliance with regulations that mandate the company to open its proprietar... Read More
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EU court rules in UK's favour over alleged illegal tax breaks
Thursday 19 Sep 2024
(Sharecast News) - The European Union has overturned a court ruling against the UK relating to alleged tax breaks for multinational companies, it was confirmed on Thursday. Read More
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EU auto industry calls for 'urgent relief measures' as electric car sales plummet
Thursday 19 Sep 2024
(Sharecast News) - European automakers have called on governments for "urgent relief measures" before new emissions targets for cars and vans come into effect next year, as sales of battery-electric v... Read More
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Asia report: Markets buoyed by outsized Fed rate cut
Thursday 19 Sep 2024
(Sharecast News) - Asia-Pacific markets saw notable gains on Thursday as investors responded to the US Federal Reserve's decision to cut interest rates by an outsized half-percentage point overnight. Read More
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Norway's central bank holds interest rates steady
Thursday 19 Sep 2024
(Sharecast News) - Norway's central bank kept interest rates unchanged at a 16-year high of 4.5% on Thursday but said it intends to launch a rate cutting programme during the first quarter of 2025. Read More
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US close: Stocks fall, markets choppy as Fed slashes interest rates by 50bp
Wednesday 18 Sep 2024
(Sharecast News) - US stock markets finished a memorable day in the red on Wednesday as the Federal Reserve made its biggest cut to interest rates in 16 years. Read More
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