International News
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Biden says that US banking system is 'safe'
Monday 13 Mar 2023
(Sharecast News) - US President Joe Biden told Americans that the country's banking system was safe and vowed to push for stricter regulations. Read More
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Week Ahead. SVB, US CPI, ECB in focus
Monday 13 Mar 2023
(Sharecast News) - All eyes over the coming week would be on collapse of venture capital-focused lender SVB in the US and its fallout. Read More
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First Republic plunges in SVB fallout despite fresh funding
Monday 13 Mar 2023
(Sharecast News) - Shares in First Republic Bank were plummeting in early trading on Wall Street on Monday, despite the bank securing a fresh injection of funding over the weekend. Read More
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US pre-open: Stocks mixed ahead of Biden speech, emergency Fed meeting
Monday 13 Mar 2023
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Monday as market participants awaited comments from Joe Biden and the outcome of an emergency Federal Reserve meeting in the wake... Read More
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Pfizer to buy Seagen in $43bn cash deal
Monday 13 Mar 2023
(Sharecast News) - Biotech company Seagen surged in pre-market trade on Monday after agreeing to be bought by Pfizer in a $43bn cash deal. Read More
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Asia report: Stocks mixed as investors weigh SVB collapse
Monday 13 Mar 2023
(Sharecast News) - Stocks in Asia-Pacific had a mixed performance on Monday, as investors were weighing the collapse of the US-based technology-focussed banks Silicon Valley Bank and Signature Bank ov... Read More
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Sanofi to buy Provention Bio in $2.9bn deal
Monday 13 Mar 2023
(Sharecast News) - French pharmaceutical company Sanofi said on Monday that it has agreed to buy US biopharmaceutical group Provention Bio for $2.9bn in cash. Read More
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Cryptos recover losses from Silicon Valley Bank collapse
Monday 13 Mar 2023
(Sharecast News) - Cryptocurrencies recover from losses after the weekend. The digital asset market recovers most of the losses caused by the collapse of Silicon Valley Bank (SVB). Bitcoin (BTC) is ba... Read More
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All SVB and Signature Bank depositors in US to regain access to funds
Monday 13 Mar 2023
(Sharecast News) - America's central bank unveiled a new lending facility to protect all uninsured deposits at US lenders. Read More
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Europe close: Banks hammered by wave of selling on Wall Street
Friday 10 Mar 2023
(Sharecast News) - European stocks were sharply lower on Friday with banking stocks hammered following a sell-off on Wall Street and Asia overnight, after tech-focused US lender SVB Financial announce... Read More
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US open: Stocks lower following hotter-than-expected NFP reading
Friday 10 Mar 2023
(Sharecast News) - Wall Street trading opened with losses on Friday as traders digested last month's hotter-than-expected non-farm payrolls report. Read More
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US non-farm payrolls increase by 311,000 in February
Friday 10 Mar 2023
(Sharecast News) - The pace of hiring in the US during the month of February came in ahead of market expectations with solid growth in both the private and public sectors. Read More
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US pre-open: Futures mostly lower ahead of NFP reading
Friday 10 Mar 2023
(Sharecast News) - Wall Street futures had major indices opening mostly lower prior to the open on Friday as traders patiently await last month's non-farm payrolls report. Read More
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Quite a lot riding on a 'soft' US non-farm payrolls report, BofA says
Friday 10 Mar 2023
(Sharecast News) - Unless the US non-farm payrolls report for February came in "soft", then the "bad crashy vibes" of March were set to worsen, strategists at Bank of America. Read More
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Iran and Saudi Arabia to resume diplomatic relations
Friday 10 Mar 2023
(Sharecast News) - Iran and Saudi Arabia reached an agreement to resume diplomatic relations. Read More
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Asia report: Stocks fall after Wall Street's overnight sell-off
Friday 10 Mar 2023
(Sharecast News) - Share markets across the Asia-Pacific region were weaker on Friday, following a dire session on Wall Street overnight, as investors awaited the release of the US nonfarm payrolls re... Read More
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Bitcoin plummets and loses $20,000 for the first time since mid-January
Friday 10 Mar 2023
(Sharecast News) - Bitcoin plummets (-8%) and loses the $20,000 level, something that has not happened since the middle of last January. The wave of negative news is crushing the crypto and ending the... Read More
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German inflation stabilises in February
Friday 10 Mar 2023
(Sharecast News) - German inflation was unchanged last month, official data showed on Friday, with both energy and food prices remaining high. Read More
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