Buybacks make a comeback as crisis eases
10th Mar 2021 12:22
(Sharecast News) - UK companies have announced more than £2bn of share buybacks in 2021 with more in the pipeline, suggesting this means of returning cash to shareholders is on the way back.
Read moreEx-BoE Governor Mervyn King warns of 'excessive complacency' on inflation
1st Mar 2021 12:34
(Sharecast News) - Central bankers need to be ready for inflation to move in either direction, former Bank of England Governor, Mervyn King, said.
Read moreFriday broker round-up
26th Feb 2021 13:47
(Sharecast News) - Reckitt Benckiser: Credit Suisse reiterates outperform with a target price of 7,800p.
Read moreStandard Chartered FY slumps 57% as dividends reinstated
25th Feb 2021 07:01
(Sharecast News) - Standard Chartered said annual profits more than halved on bad loan impairments due to the coronavirus pandemic, as it resumed dividend payments and announced a share buyback.
Read morePresidents Biden and Xi hold first phone call since change of US administration
11th Feb 2021 09:01
(Sharecast News) - US President Joe Biden and Chinese leader Xi Jinping held their first phone call since the change of administration in Washington on Thursday morning.
Read moreUS bond yields advance with Democrats on cusp of taking Senate
6th Jan 2021 14:48
(Sharecast News) - Government debt markets in the US were under selling pressure in the middle of the week after Democrats clinched one of two run-off votes for the country's Senate, possibly giving control of the upper chamber of Congress to his party, possibly implying greater government spending and taxes down the line.
Read moreLower credit costs to boost StanChart, Jefferies says
6th Jan 2021 14:46
(Sharecast News) - Lower credit costs will boost Standard Chartered's earnings more than investors expect, Jefferies said as the broker nudged up its price target for the bank's shares and restated its 'buy' rating.
Read moreFederal Reserve 'tweaks' QE guidance to easier for longer
16th Dec 2020 19:59
(Sharecast News) - The Federal Reserve 'tweaked' its guidance for asset purchases on Thursday night, from time-based to outcome-based.
Read moreS&P says UK sovereign debt rating might come under pressure in 'no deal' Brexit
14th Dec 2020 14:15
(Sharecast News) - One of the world's top three credit rating agencies said a 'no deal' Brexit could see its rating for the UK's sovereign debt come under pressure should it complicate the outlook for the economy and fiscal consolidation.
Read moreJP Morgan cuts NatWest to 'neutral' after BoE dividend move
11th Dec 2020 08:30
(Sharecast News) - JP Morgan downgraded NatWest to 'neutral' after the Bank of England's partial relaxation of restrictions on shareholder payouts by UK banks.
Read moreUS preparing fresh sanctions on Chinese officials - report
7th Dec 2020 10:57
(Sharecast News) - Washington is looking to impose further sanctions on a number of Chinese officials over the political crackdown in Hong Kong, it was reported on Monday.
Read moreDeutsche ups targets for Barclays and other UK banks
2nd Dec 2020 11:08
(Sharecast News) - Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Read moreSector movers: Lenders start December on front foot, Citi and Goldman upbeat
1st Dec 2020 16:42
(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
Read moreChina's manufacturing sector hits ten-year high
1st Dec 2020 11:19
(Sharecast News) - The Chinese manufacturing sector has hit a 10-year high, a private sector survey showed on Tuesday, as the economy continued to rebound from the Covid-19 pandemic.
Read moreCiti cautiously optimistic on HK lenders, prefers StanChart and HSBC
30th Nov 2020 11:44
(Sharecast News) - Analysts at Citi sounded a cautiously optimistic note on the outlook for the main Hong Kong banking groups - and for StanChart and HSBC in particular - on the back of the improving macroeconomic backdrop.
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