London close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreLondon open: Gains modest but stocks rise to seven-month high
29th Dec 2023 07:59
(Sharecast News) - UK stocks edged higher to a seven-month high on Friday morning, though gains were likely to be limited in a shortened trading session ahead of the New Year's break.
Read moreLondon close: Stocks mixed as US GDP growth tops forecasts
29th Nov 2023 16:40
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.
Read moreLondon close: Stocks mixed ahead of Autumn Statement
20th Nov 2023 14:59
(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.
Read moreGoldman upgrades Standard Chartered to 'buy'
20th Nov 2023 08:39
(Sharecast News) - Goldman Sachs has upgraded its rating on multinational banking group Standard Chartered from 'neutral' to 'buy', saying that upside risk isn't reflected in the current share price.
Read moreChinese credit growth ticks higher in October but rate of money supply increase slows
13th Nov 2023 12:27
(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Read moreChinese credit growth ticks higher in October but rate of money supply increase slows
13th Nov 2023 12:27
(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Read moreChina's exports slide as imports unexpectedly jump
7th Nov 2023 10:19
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.
Read moreStandard Chartered Q3 profit dented by China exposure
26th Oct 2023 07:47
(Sharecast News) - Standard Chartered posted a drop in third-quarter pre-tax profit on Thursday as it took a hit from its exposure to the Chinese property and banking sectors.
Read moreStandard Chartered CFO Andy Halford to retire
31st Aug 2023 11:21
(Sharecast News) - Standard Chartered said on Thursday that chief financial officer Andy Halford has decided to retire.
Read moreUK banking stocks are undervalued, says Shore Capital
18th Aug 2023 10:22
(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".
Read moreStandard Chartered unveils $1bn buyback as first-half profit beats estimates
28th Jul 2023 07:31
(Sharecast News) - Standard Chartered lifted annual guidance and launched a $1bn share buyback after first-half profits rose 20% on the back of soaring interest rates.
Read moreUK bank pass annual stress tests, says BoE
12th Jul 2023 07:21
(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.
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