By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Pound Hits Three-Week High as Weak US Jobs Data and Falling Oil Weigh on Dollar
The pound hit a three-week high near $1.34 and a one-year high against the euro as softer US jobs data and falling oil prices reduced expect
Italian Sea Group Gets Court Protection, Plans €100 Million Capital Raise
The Italian Sea Group has been granted court protection by a Florence court starting July 1, and the luxury yacht-maker is preparing a €100
European AI Chip Stocks Slip as Defense Names Gain on NATO Summit Focus
The STOXX Europe 600 held steady as investors sold AI-linked chip stocks and watched a NATO summit in Turkey for defense deals. ASML and Inf
Rubber Futures Edge Up on Weak Yen and Higher Oil, Not Tire Demand
Rubber futures in Japan and China inched up, but the gains were powered by a weak yen and higher oil prices, not a recovery in tire demand.
Foreign Investors Return to Indian Bank Stocks After Four-Month Selloff
Foreign portfolio investors snapped a four-month selling streak by buying 146.34 billion rupees of Indian bank stocks in late June. The shif
K Raheja Corp Delays IPO After Bankers Push for Bigger Deal Size
K Raheja Corp has paused its IPO plans, with Bloomberg reporting a delay of at least a year. Bankers urged the Indian developer to increase
Synopsys Phases Out Fab Software to Focus Engineers on Higher-Margin AI Design
Synopsys told more than 10 chipmakers it will stop updating certain factory software. The company is redeploying engineers to higher-margin
Rupee Edges Up to 95.28 as NDF Contracts Mature, But Corporate Dollar Demand Caps Gains
India's rupee edged up to about 95.28 per US dollar on Tuesday, supported by maturing offshore forward contracts and a firmer daily fix from
HSBC Tightens Private Credit Lending, Shifts to Lower-Risk Funds
HSBC is scaling back its exposure to riskier private credit lending, informing some clients it will not renew their borrowing facilities. Th
Ferrari Could Hit 2030 Profit Targets Two Years Early on Rich Product Mix, Analyst Says
A European analyst team predicts Ferrari may achieve its 2030 profitability goals by 2028. Strong demand for high-margin customizations and
SKY Network Secures Exclusive NRL Rights in Seven-Year Deal as NZ Stocks Near Highs
SKY Network Television has locked in exclusive NRL broadcast rights for New Zealand under a seven-year agreement with the Australian Rugby L
South African Markets Hold Steady as Investors Await Fed Minutes for Rate Clues
South African assets opened the week on pause: the rand held steady and the JSE Top-40 fell 0.7% as investors waited for the Federal Reserve