International News
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US pre-open: Major indices on track for sixth-straight winning week
Friday 18 Oct 2024
(Sharecast News) - Wall Street futures were mostly higher ahead of the bell on Friday, putting major indices on track for their sixth-straight winning week. Read More
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Eurozone construction edged higher in August
Friday 18 Oct 2024
(Sharecast News) - Construction output in the eurozone inched higher in August but remained well below last year's levels, according to figures from Eurostat on Friday. Read More
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Asia report: Most markets rise after China data dump
Friday 18 Oct 2024
(Sharecast News) - Markets across the Asia-Pacific region mostly rose on Friday, bolstered by a sharp rebound in Chinese stocks following stronger-than-expected GDP data. Read More
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Volvo foresees flat truck markets next year as Q3 results miss estimates
Friday 18 Oct 2024
(Sharecast News) - Swedish automaker Volvo said it is expected flat truck and construction equipment markets next year due to "some uncertainty" about the macroeconomic environment. Read More
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China's economic growth slows in third quarter
Friday 18 Oct 2024
(Sharecast News) - China's faltering economic growth slowed in the last quarter, official data released on Friday showed, although the slowdown was not as steep as feared. Read More
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US close: Markets mixed but Dow hits another record
Thursday 17 Oct 2024
(Sharecast News) - Wall Street's three main equity indices finished in mixed fashion on Thursday as investors digested a flurry of economic data, but the Dow managed to eke out another all-time high. Read More
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Europe close: Stocks jump as ECB cuts rates, inflation falls
Thursday 17 Oct 2024
(Sharecast News) - European stocks finished with strong gains on Thursday after the European Central Bank cut interest rates for the third time this year and gave dovish comments about the policy outl... Read More
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US industrial production falls as strikes, hurricanes hit output
Thursday 17 Oct 2024
(Sharecast News) - Industrial production in the US retreated in September, falling more than expected, according to data from the Federal Reserve on Thursday. Read More
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US open: Stocks higher as traders digest data points
Thursday 17 Oct 2024
(Sharecast News) - Wall Street trading got off to a positive start on Thursday as market participants digested a fresh batch of economic data. Read More
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Philly Fed manufacturing index surges to 10.3 in October
Thursday 17 Oct 2024
(Sharecast News) - The Philadelphia Federal Reserve's manufacturing index surged to 10.3 in October, a marked increase when compared to the previous month's reading of 1.7 and significantly ahead of e... Read More
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US retail sales rise more than expected in September
Thursday 17 Oct 2024
(Sharecast News) - US retail sales rose more than expected in September, according to fresh data released on Thursday, driven by a broad-based increase across several sectors. Read More
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Turkish central bank holds rates at 50%
Thursday 17 Oct 2024
(Sharecast News) - Turkey's central bank said on Thursday that it was keeping interest rates steady at 50%, as widely expected. Read More
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US initial jobless claims fall from 14-month high
Thursday 17 Oct 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 October, according to the Labor Department, down from a 14-month high in the previous week. Read More
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ECB cuts rates to 3.25%, as expected
Thursday 17 Oct 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday for the third time this year, as expected. Read More
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Third-quarter earnings beat forecasts at Blackstone
Thursday 17 Oct 2024
(Sharecast News) - Blackstone's third-quarter numbers came in ahead of Wall Street forecasts on Thursday, after the alternative investment giant posting a jump in earnings and assets under management. Read More
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Nokia outlook disappoints as Q3 sales fall
Thursday 17 Oct 2024
(Sharecast News) - Shares in Nokia fell on Thursday after the Finnish telecoms giant disappointed with earnings guidance for the full year amid "ongoing market weakness". Read More
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US pre-open: Futures higher as investors await fresh batch of economic data
Thursday 17 Oct 2024
(Sharecast News) - Wall Street futures were pointing to a positive start to trading ahead of the bell on Thursday as market participants awaited a fresh batch of economic data. Read More
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AI boom fuels earnings surge at TSMC
Thursday 17 Oct 2024
(Sharecast News) - Shares in Taiwan Semiconductor Manufacturing Co rallied on Thursday, after the Taiwanese giant posted a forecast-beating 54% surge in earnings, fuelled by the boom in artificial int... Read More
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Uber exploring possible Expedia bid
Thursday 17 Oct 2024
(Sharecast News) - Uber has explored a possible bid for travel booking website operator Expedia, according to the Financial Times, a move that would easily mark the ridesharing giant's biggest acquisi... Read More
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Nestle cuts forecast, shakes up executive board after sales disappoint
Thursday 17 Oct 2024
(Sharecast News) - Nestle is to undergo a major organisational overhaul, the Swiss food giant confirmed on Thursday, as it cut sales targets in the face of persistently weak consumer demand. Read More
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