By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Asia's multi-strategy hedge funds stumble as AI chip selloff bites
Asia's multi-strategy hedge funds hit a rough patch in July as AI-linked chip stocks sold off across Japan, South Korea, and China. Polymer
Rupee hits one-month high on oil drop, then gives back gains
The rupee briefly hit a one-month high as Brent crude fell sharply, but gave back gains after the RBI held rates and oil rebounded. The curr
Mashreq Bank beats Q2 forecasts, but FAB keeps hold rating
Mashreq Bank's second-quarter net profit jumped 25.7% to 2.07 billion dirhams, beating FAB Securities' forecast. The brokerage kept a hold r
Malaysia's KLCI extends rally as Gamuda lands $1.71B data center deal
Malaysia's benchmark index climbed 0.9%, led by builder Gamuda after it won a 1.71 billion ringgit hyperscale data center contract. The deal
FTSE 100 edges up as Glencore and Next lift London stocks
Glencore jumped after an 86% first-half earnings leap, while Next raised its profit outlook for the third time this year, helping the FTSE 1
Glencore sets aside money over Radiant World iron ore contracts
Glencore has set aside money for potential losses tied to iron ore trader Radiant World, stopped new business with it, and is reviewing outs
AI data center boom may be masking a profits reality check
S&P 500 earnings look strong, but one strategist cautions that the AI data center boom may be propped up by a financial loop, not just real
Wolters Kluwer's AI healthcare tools show real revenue payoff
Wolters Kluwer's half-year results show a rare tangible AI payoff: its healthcare tools are now used by over 90% of US customers, helping re
Fitch lifts Chalco's rating to A- on strong parent Chinalco support
Fitch Ratings upgraded Chalco to A- from BBB+, reflecting its view that the aluminum producer is tightly linked to state-backed parent China
NZX 50 rises 0.68% as tech rally lifts mood despite higher unemployment
The S&P/NZX 50 gained 0.68% to 13,997.18, following a strong US tech rally. But local data showed unemployment rising to 5.6% and commodity
Rio Tinto warns iron ore supply gap looms as aging mines falter
Rio Tinto warns that iron ore's next decade will be defined by a supply shortage, not weak demand. The miner says only 300 million tonnes of
KakaoBank's Q2 profit climbs 11.5% as lending margins widen
KakaoBank's second-quarter net profit rose 11.5% to 140.8 billion won, driven by a wider net interest margin and a customer base that reache