International News
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Commodity trader Trafigura sees profits drop as market normalises
Thursday 06 Jun 2024
(Sharecast News) - Singaporean commodity trading giant Trafigura saw profits slide in the first half of its financial year, with underlying earnings nearly halving as markets normalised following a pe... Read More
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Asia report: Markets rally as rate cut bets start to firm
Thursday 06 Jun 2024
(Sharecast News) - Asian shares were largely positive on Thursday on as investors awaited a widely forecast cut in interest rates from the European Central Bank, while hopes were also rising for a sim... Read More
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German factory orders decline for fourth straight month
Thursday 06 Jun 2024
(Sharecast News) - Factory orders in Germany registered an unexpected fall in April, declining for the fourth month in a row despite predictions of a slight rebound. Read More
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US close: S&P 500, Nasdaq hit new highs as Nvidia leads tech stocks higher
Wednesday 05 Jun 2024
(Sharecast News) - US stocks rose strongly on Wednesday with the S&P 500 and Nasdaq both finishing at new record highs on the back a big surge in the share price of chipmaker Nvidia, which topped a ne... Read More
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Europe close: Stocks bounce back
Wednesday 05 Jun 2024
(Sharecast News) - European shares extended gains on Wednesday as a softer US jobs market report increased hopes of a cut in US interest rates, while investors also looked ahead to a similar move from... Read More
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Bank of Canada cuts rates by 25 basis points, as expected
Wednesday 05 Jun 2024
(Sharecast News) - The Bank of Canada cut interest rates on Wednesday by 25 basis points, as widely expected. Read More
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US open: Stocks mixed as traders digest ADP reading
Wednesday 05 Jun 2024
(Sharecast News) - Wall Street stocks were mixed early on Wednesday as market participants digested a number of data points. Read More
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US services activity recovers in May, ISM says
Wednesday 05 Jun 2024
(Sharecast News) - Activity in the US services sector improved noticeably during the previous month, the results of a closely followed survey showed. Read More
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US services activity picks up in May, S&P says
Wednesday 05 Jun 2024
(Sharecast News) - Services sector activity in the States picked up noticeably midway through the second quarter of 2024, the results of a survey revealed. Read More
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HanesBrands to sell Champion to Authentic for up to $1.5bn
Wednesday 05 Jun 2024
(Sharecast News) - HanesBrands said on Wednesday that it has agreed to sell its Champion business to Authentic Brands Group for up to $1.5bn. Read More
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SAP to snap up WalkMe in $1.5bn deal
Wednesday 05 Jun 2024
(Sharecast News) - German software giant SAP has agreed to buy WalkMe in a $1.5bn deal, it was confirmed on Wednesday, sending shares in the Israel-based firm soaring. Read More
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US private sector adds fewer jobs than expected in May - ADP
Wednesday 05 Jun 2024
(Sharecast News) - Private sector employment in the US rose less than expected in May, according to figures released on Wednesday by ADP. Read More
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US pre-open: Futures trade higher ahead of ADP jobs report
Wednesday 05 Jun 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as market participants looked ahead to employment statistics from payrolls firm Automatic Data Processing. Read More
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Tiktok takes measures to block cyber attack
Wednesday 05 Jun 2024
(Sharecast News) - Chinese social media giant TikTok has taken measures to halt a cyber-attack aimed at several brand and celebrity accounts. Read More
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First-quarter sales jump at Inditex
Wednesday 05 Jun 2024
(Sharecast News) - Zara-owner Inditex posted "robust" first-quarter numbers on Wednesday, as sales comfortably met expectations. Read More
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Eurozone composite PMI revised slightly lower, but still hits 12-month high
Wednesday 05 Jun 2024
(Sharecast News) - Economic growth in the eurozone's private sector was revised slightly lower for May, according to final estimates of the region's composite purchasing managers' index (PMI) by S&P G... Read More
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Asia report: Shares mixed as investors mull Australia GDP, India election
Wednesday 05 Jun 2024
(Sharecast News) - Asia shares were mixed on Wednesday as investors assessed the Indian election result, Australian GDP figures which showed slight growth in the first quarter, and private sector serv... Read More
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China's services sector expands again in May - Caixin
Wednesday 05 Jun 2024
(Sharecast News) - Activity in China's services sector accelerated in May at its fastest pace in 10 months, according to data released on Wednesday. Read More
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US close: Dow Jones reverses Monday's losses
Tuesday 04 Jun 2024
(Sharecast News) - Wall Street stocks closed higher on Tuesday as traders shrugged off disappointing manufacturing data from the previous session and cheered falling bond yields. Read More
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Europe close: Oil stocks lead markets lower as crude prices slide
Tuesday 04 Jun 2024
(Sharecast News) - European stocks pared losses by the close but finished firmly lower, with heavy falls in Frankfurt, Milan and Madrid weighing heavily on the Stoxx 600 index. Read More
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