By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
South Korean Chip Stocks Surge After Micron's $22 Billion AI Signal
SK Hynix rose as much as 11.6% and Samsung gained up to 6.2% after Micron beat forecasts and pointed to $22 billion in customer supply commi
Vedanta Returns to US Bond Market to Refinance Costly Debt with Cheaper Notes
Vedanta's finance arm is issuing new dollar bonds with coupons as low as 7.25% to repurchase older notes paying double-digit interest. The m
Mineral Resources Puts Lucky Bay Garnet Mine Into Care and Maintenance After Costs Surge
Mineral Resources will mothball its Lucky Bay garnet project in Western Australia from July 1 after the Middle East war hurt sales and pushe
Micron and Qualcomm Forecasts Rekindle AI Chip Rally Across Asian Markets
Asian stocks surged after Micron and Qualcomm issued upbeat forecasts, signaling sustained AI-driven chip demand. Japan's Nikkei rose over 2
Miners and Energy Weigh on ASX 200 as Jobs Data Looms for RBA Clues
The S&P/ASX 200 fell 0.4% as miners and energy stocks dragged the index lower. Investors are focused on May employment figures, which could
Judo Capital Slashes FY2026 Profit Forecast as Loan Provisions Jump on Three Bad Borrowers
Australian business lender Judo Capital lowered its fiscal 2026 profit forecast after boosting provisions for three troubled borrowers. The
Bain Capital Nears €8-9 Billion Buyout of Volkswagen's Marine Engine Unit Everllence
Bain Capital is poised to buy a majority stake in Volkswagen's marine engine unit Everllence, valuing the business at €8-9 billion. The deal
Sky Nears £1.6 Billion Deal to Buy ITV's Channels and ITVX, Splitting Broadcaster
Sky is finalizing a roughly £1.6 billion deal to buy ITV's channels and streaming service ITVX, splitting the broadcasting arm from ITV Stud
Cattle Futures Rally as Cash Prices Hit $260/cwt Amid Tight Supplies
CME cattle futures climbed as cash cattle prices hit $260 per hundredweight, narrowing the gap with futures. Tight US supplies and steady co
Identiv Sells IoT Business and Its Name for $75M in Cash and Equity
Identiv is selling its IoT operating business and even its name to Trackonomy for $25 million in cash plus $50 million in preferred equity.
Micron's $22 Billion in AI Memory Deposits Signal a Shift to Contracted Revenue
Micron says customers have put $22 billion down to secure future memory-chip supply, using take-or-pay contracts and pricing floors. The dea
TSX Drops 0.55% as Oil Plunge to $70.34 Drags Energy, Metals Lower
The S&P/TSX Composite Index slipped 0.55% as oil prices tumbled 4.9% to US$70.34 a barrel, pulling energy and base metals lower. Tech stocks