International News
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Chip designer Arm seeking to raise $4.9bn in NY listing
Tuesday 05 Sep 2023
(Sharecast News) - Chip designer Arm is looking to raise up to $4.87bn for owner Softbank in a New York listing. Read More
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Saudi Arabia extends voluntary oil cut - report
Tuesday 05 Sep 2023
(Sharecast News) - Saudi Arabia has extended its 1-million-barrels-per-day voluntary oil production cut until the end of the year, CNBC reported, citing the state-owned Saudi Press Agency. Read More
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US pre-open: S&P 500 to retreat from one-month high
Tuesday 05 Sep 2023
(Sharecast News) - US stock futures were pointing to a weak start on Wall Street on Tuesday, as investors returned to their desks after the three-day weekend in a risk-off mood. Read More
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Eurozone August output falls at fastest rate in three years
Tuesday 05 Sep 2023
(Sharecast News) - Output in the eurozone during August fell at its fastest rate in three years in August, with services survey data revised downwards from initial estimates and price inflation making... Read More
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Asia report: Markets mostly fall amid tsunami of data
Tuesday 05 Sep 2023
(Sharecast News) - Asia-Pacific markets finished in a mixed state on Tuesday, as investors weighed new data on inflation and business activity across the region. Read More
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More cryptos fall; what if Bitcoin drops to $22,000?
Tuesday 05 Sep 2023
(Sharecast News) - New falls in the cryptocurrency market; Bitcoin (BTC) drops 1% in the last 24 hours and falls below $25,700, while Ethereum (ETH), which drops slightly less, is putting $1,600 in da... Read More
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China services growth slows to eight-month low in August
Tuesday 05 Sep 2023
(Sharecast News) - Business activity in China's services sector increased at its lowest rate in eight months in August, according to a private survey out on Tuesday. Read More
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Australia holds interest rates steady for third month in a row
Tuesday 05 Sep 2023
(Sharecast News) - Australia's central bank held rates steady for the third consecutive month as signs that inflationary pressures were easing continued. Read More
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Europe close: Stocks end little changed
Monday 04 Sep 2023
(Sharecast News) - European markets finished a tad lower on Monday as early gains on the back of a strong session in Asia, boosted by Chinese moves to stimulate the country's struggling economy, faded... Read More
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German exports fall in July
Monday 04 Sep 2023
(Sharecast News) - German exports fell by 0.9% on a monthly basis from an upwardly-revised 0.2% rise in June, according to official statistics published on Monday. Read More
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BMW lifts sales and margin targets after strong Q2
Monday 04 Sep 2023
(Sharecast News) - BMW Group has raised its sales and margin targets for 2023 after a strong second quarter, in which profits rose 7.5% year-on-year in spite of a challenging trading environment. Read More
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Eurozone investor sentiment slides back in September
Monday 04 Sep 2023
(Sharecast News) - A rise in eurozone investor sentiment in August was being painted as merely a blip on Monday, after the Sentix index slid further than expected in September. Read More
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Asia report: Stocks rise after stormy weekend in China
Monday 04 Sep 2023
(Sharecast News) - Markets in the Asia-Pacific region closed mostly higher on Monday, with Hong Kong's Hang Seng index standing out as the top performer, largely driven by a significant surge in prope... Read More
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Nothing new on cryptocurrencies after SEC's blow to Bitcoin ETFs
Monday 04 Sep 2023
(Sharecast News) - There have been few movements in the cryptocurrency market. Bitcoin (BTC) rises moderately and tries to regain $26,000, while Ethereum (ETH) barely rises and remains below $1,650. Read More
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US close: Markets rise after jobs data, but gains limited
Friday 01 Sep 2023
(Sharecast News) - US stock markets finished with small gains on Friday ahead of the long weekend after a crucial jobs report raised hopes that the Federal Reserve's current rate-raising cycle is fina... Read More
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Europe close: Shares mixed as investors digest US payrolls
Friday 01 Sep 2023
(Sharecast News) - European stock markets closed with mixed results on Friday, despite varying manufacturing data, as investors weighed the implications of a crucial jobs report from the United States... Read More
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US manufacturing contracts for 10th straight month, but decline eases
Friday 01 Sep 2023
(Sharecast News) - Manufacturing activity in the US contracted for the 10th straight month in August, according to the Institute for Supply Management, though the decline eased more than expected. Read More
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US open: Stocks rise as jobs data cements expectations for a Fed pause
Friday 01 Sep 2023
(Sharecast News) - Wall Street stocks rose on Friday morning after a much-anticipated labour-market report showed an unexpected rise in US unemployment, raising hopes that the Federal Reserve will hol... Read More
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Payrolls rise more than expected, unemployment rate jumps
Friday 01 Sep 2023
(Sharecast News) - The US economy added more jobs than forecast in August but an unexpected jump in the unemployment rate, cooling wages and revisions to the previous months' data raised expectations ... Read More
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US pre-open: Modest gains expected ahead of all-important jobs report
Friday 01 Sep 2023
(Sharecast News) - US stocks were expected to put in modest gains on Friday as markets awaited key labour-market data that could show job creation slowed to its lowest level this year. Read More
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