News Archive
Bank of Japan leaves interest rates unchanged
20th Sep 2024 07:19
(Sharecast News) - Officials at the Bank of Japan decided to leave interest rates unchanged on Friday, as the central bank upgraded its few on consumption and signalled greater confidence in the economic recovery.
Read moreInvestec flags stable first-half performance
20th Sep 2024 07:16
(Sharecast News) - Investec Group projected a stable financial performance for the first half in an update on Friday, despite economic uncertainties earlier in the year.
Read moreVolution to buy Fantech Australasia for up to AUD280m
20th Sep 2024 07:16
(Sharecast News) - Volution said on Friday that it has agreed to buy Fantech Group in Australasia from Elta Group for up to AUD280m (£144m).
Read moreGerman industrial producer prices fall 0.8% in August
20th Sep 2024 07:13
(Sharecast News) - German industrial producer prices fell 0.8% in August year on year due to lower energy costs, official data revealed on Friday.
Read moreFriday newspaper round-up: Workers' rights, Wimbledon, Glencore execs
20th Sep 2024 07:10
(Sharecast News) - Trade union leaders will meet senior ministers on Saturday for crunch talks on the government's workers' rights package, as the government looks to head off a potentially damaging row at Labour conference. General secretaries from the 11 unions affiliated to Labour will meet Angela Rayner, the deputy prime minister, and Jonathan Reynolds, the business secretary, on the eve of conference to thrash out details of the package, sources have told the Guardian. - Guardian
Read morePBOC holds rates steady despite weakening recovery
20th Sep 2024 07:05
(Sharecast News) - The People's Bank of China defied expectations to keep benchmark interest rates unchanged on Friday despite calls to ease policy in the face of a weak economic recovery.
Read moreGovernment borrowing overshoots forecasts
20th Sep 2024 07:00
(Sharecast News) - Higher-than-expected borrowing in August pushed public sector net debt to 100% of GDP, official figures showed on Friday.
Read moreUS close: Dow Jones rallies more than 520 points to fresh record
19th Sep 2024 22:09
(Sharecast News) - Wall Street stocks closed sharply higher on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point.
Read moreDirector dealings: Essentra chairman designate buys shares
19th Sep 2024 16:29
(Sharecast News) - Essentra revealed on Thursday that chairman designate Steve Good had acquired 70,000 ordinary shares in the FTSE 250-listed essential components manufacturer.
Read moreEurope close: Stocks surge as rate-cut hopes boost risk appetite
19th Sep 2024 16:08
(Sharecast News) - European stock markets rose strongly on Thursday in the aftermath of the Federal Reserve's biggest rate cut in 16 years, as other central banks indicated that more monetary easing was just around the corner.
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreUS existing home sales fall despite declining mortgage rates
19th Sep 2024 15:51
(Sharecast News) - Existing US homes sales fell to a 10-month low in August despite a fall in mortgage rates during the month, according to data published on Thursday, although mortgage applications pointed towards a pick up this month and October.
Read moreFriday preview: BoJ and PBOC rate decisions in focus
19th Sep 2024 15:43
(Sharecast News) - Both central banks are expected to announce that interest rates will remain unchanged.
Read moreLloyd's of London appoints former Treasury vet Charles Roxburgh as chair
19th Sep 2024 14:49
(Sharecast News) - Insurance and reinsurance marketplace Lloyds of London has appointed McKinsey veteran and former Treasury official Sir Charles Roxburgh as its new chair.
Read moreFTSE 100 movers: Rolls-Royce rallies; utilities in the red
19th Sep 2024 14:32
(Sharecast News) - London's FTSE 100 was up 0.8% at 8,315.75 in afternoon trade on Thursday.
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