International News
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Asia report: Hong Kong leads losses after collapse of Zhongzhi shadow bank
Monday 08 Jan 2024
(Sharecast News) - Hong Kong led the losses in the Asia-Pacific markets on Monday, followed by mainland China, as investors reacted to the liquidation of Chinese shadow bank Zhongzhi late on Friday. Read More
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German trade surplus expands as exports jump in November
Monday 08 Jan 2024
(Sharecast News) - Germany's trade balance jumped in November after a huge rise in monthly exports smashed economists' expectations. Read More
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Merck in talks to buy Harpoon Therapeutics for about $700m - report
Monday 08 Jan 2024
(Sharecast News) - Merck & Co is reportedly in advanced talks to buy cancer drugmaker Harpoon Therapeutics for about $700m. Read More
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German factory orders edge higher but miss forecasts
Monday 08 Jan 2024
(Sharecast News) - Factory orders in Germany increased by less than expected in November,, according to provisional figures released on Monday by the Federal Statistical Office, Destatis. Read More
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Europe close: Shares lower on EZ CPI jump, weak German retail sales
Friday 05 Jan 2024
(Sharecast News) - European shares pared losses at the close on Friday as investors digested a weaker-than-expected rise eurozone inflation, weaker Germany retail sales numbers and the impact of an an... Read More
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ISM US services PMI unexpectedly falls in December
Friday 05 Jan 2024
(Sharecast News) - The Institute for Supply Management's services PMI unexpectedly fell to 50.6 in December, the lowest reading seen in seven months, down from both 52.7 in November and expectations f... Read More
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Tesla to recall 1.6m cars in China over driver-assistance issue
Friday 05 Jan 2024
(Sharecast News) - Tesla is being forced by state regulators in China to "recall" 1.6m cars to fix its driver-assistance technology - another blow to Elon Musk after Chinese rival BYD recently overtoo... Read More
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US open: Dow higher as investors digest NFP data
Friday 05 Jan 2024
(Sharecast News) - Wall Street stocks were in the green at the open on Friday as investors digested key labour market data later. Read More
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US economy adds 216,000 jobs in December 2023
Friday 05 Jan 2024
(Sharecast News) - The US economy added 216,000 jobs in December, according to the Bureau of Labor Statistics, up from November's downwardly revised print of 173,000 and well ahead of market forecasts... Read More
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US pre-open: Futures lower ahead of NFP data
Friday 05 Jan 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday as investors awaited the release of key labour market data later in the day. Read More
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Eurozone inflation rises less than expected in December
Friday 05 Jan 2024
(Sharecast News) - Inflation in the eurozone accelerated in December, according to Eurostat on Friday, but by less than expected, reinforcing expectations that the European Central Bank will soon move... Read More
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Asia report: Markets mixed after lacklustre start to year
Friday 05 Jan 2024
(Sharecast News) - Asia-Pacific markets displayed a mixed performance on Friday, capping off a week of fluctuations following a shaky start to the new year. Read More
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German retail sales tank in November
Friday 05 Jan 2024
(Sharecast News) - German retail sales dropped sharply in November as non-food sales tanked, according to the federal statistics office, Destatis. Read More
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US close: Stocks mostly lower as FOMC minutes remain in focus
Thursday 04 Jan 2024
(Sharecast News) - Wall Street stocks closed mostly lower on Thursday following the release of minutes from last month's FOMC meeting. Read More
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Peloton shares race higher on TikTok content deal
Thursday 04 Jan 2024
(Sharecast News) - Shares in Peloton Interactive surged on Thursday in New York after the fitness equipment group inked a deal with TikTok to bring its workout content on to the short-form mobile vide... Read More
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German inflation rises as expected as energy prices temporarily jump
Thursday 04 Jan 2024
(Sharecast News) - Flash estimates for Germany's consumer price index (CPI) for December showed a sharp uptick in annual inflation, though it was largely as expected after a plunge in energy prices th... Read More
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US open: Stocks mixed as FOMC minutes remain in focus
Thursday 04 Jan 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday following the release of minutes from last month's FOMC meeting. Read More
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US private sector adds more jobs than expected in December - ADP
Thursday 04 Jan 2024
(Sharecast News) - Private sector employment in the US rose more than expected in December, according to figures released on Thursday by ADP. Read More
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US jobless claims slow in last week of 2023
Thursday 04 Jan 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated clip in the week ended 30 December, according to the Labor Department, hitting the lowest claim count since October. Read More
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Walgreens Boots Alliance Q1 profits beat expectations, slashes dividend
Thursday 04 Jan 2024
(Sharecast News) - Retailer Walgreens Boots Alliance reported higher-than-anticipated quarterly profits on Thursday as higher drug prices and cost-cutting efforts gave it a boost, while its move to al... Read More
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