International News
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Maersk to cut 10,000 jobs; lowers profit guidance
Friday 03 Nov 2023
(Sharecast News) - AP Moller-Maersk is to cut more than 10,000 jobs worldwide, the shipping group confirmed on Friday, after demand and prices both fell sharply. Read More
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China services PMI picks up less than expected
Friday 03 Nov 2023
(Sharecast News) - Activity in China's services sector picked up less than expected in October, according to figures released on Friday. Read More
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Sam Bankman-Fried found guilty of FTX fraud
Friday 03 Nov 2023
(Sharecast News) - Former crypto tycoon Sam Bankman-Fried has been convicted of fraud and money laundering by a court in New York. Read More
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US close: Stocks buoyant as central banks pause rates
Friday 03 Nov 2023
(Sharecast News) - Wall Street trading saw a surge in US stock values on Thursday, driven by investor optimism surrounding the Federal Reserve's monetary policies. Read More
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Europe close: Stocks jump on central bank pause
Thursday 02 Nov 2023
(Sharecast News) - European stocks advanced strongly for the fourth straight day on Thursday, on optimism that the Federal Reserve may finally be done with its rate hikes. Read More
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US open: Stocks jump on hopes for Fed, geopolitical news
Thursday 02 Nov 2023
(Sharecast News) - US stocks jumped on Thursday as investors continued to show optimism that the Federal Reserve could potentially have reached the end of its rate-hiking cycle. Read More
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US unit labour costs slip in Q3
Thursday 02 Nov 2023
(Sharecast News) - Labour productivity in the States jumped over the three months to September, helping to push labour costs down. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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German unemployment pushes higher
Thursday 02 Nov 2023
(Sharecast News) - The number of people out of work in Germany unexpectedly pushed higher in October, official data showed on Thursday. Read More
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Starbucks sales jump on strong demand
Thursday 02 Nov 2023
(Sharecast News) - Starbucks Corp reported a jump in fourth-quarter sales on Thursday, boosted by strong demand in North America. Read More
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Norway stands pat on interest rates, signals December hike
Thursday 02 Nov 2023
(Sharecast News) - Norway's central bank left interest rates on hold on Thursday, as expected, but signalled a hike was on the cards for December. Read More
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US pre-open: Stocks to extend gains after Fed meeting
Thursday 02 Nov 2023
(Sharecast News) - US stocks were expected to rise for the fourth straight day on Thursday as investors continued to show optimism that the Federal Reserve could potentially have reached the end of it... Read More
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Eurozone factory orders see near-record decline
Thursday 02 Nov 2023
(Sharecast News) - Eurozone manufacturing saw another sharp decline in October, with the HCOB eurozone manufacturing purchasing managers' index (PMI) seeing one of the sharpest drops on record. Read More
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Asia report: Most markets rise after Fed rate pause
Thursday 02 Nov 2023
(Sharecast News) - Asia-Pacific markets were mainly green on Thursday, with South Korea leading the gains after the US Federal Reserve maintained its benchmark interest rates. Read More
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US close: Stocks extend gains as Fed keeps rates unchanged
Wednesday 01 Nov 2023
(Sharecast News) - US stocks raced ahead on Wednesday afternoon after the Federal Reserve kept interest rates unchanged, while weaker-than-expected economic data eased concerns of an overheating econo... Read More
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Fed leaves interest rates on hold for second straight meeting
Wednesday 01 Nov 2023
(Sharecast News) - The Federal Reserve has held interest rates steady on Wednesday for the second straight meeting, with chair Jerome Powell saying that policymakers would be patient before making any... Read More
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Europe close: Stocks extend gains after solid start on Wall Street
Wednesday 01 Nov 2023
(Sharecast News) - Europe's stock markets built on gains in afternoon trade as weaker-than-expected US economic data raised hopes that the Federal Reserve might soon call time on its monetary-tighteni... Read More
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Chinese manufacturing contracts for third straight month, Caixin PMI shows
Wednesday 01 Nov 2023
(Sharecast News) - China's manufacturing industry contracted in October for the first time in three months, according to the Caixin-sponsored purchasing managers' index released on Wednesday. Read More
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US construction spending rises for ninth month in a row
Wednesday 01 Nov 2023
(Sharecast News) - US construction spending increased for the ninth straight month in September, according to figures released on Wednesday by the Commerce Department. Read More
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