By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Pound Mixed as Softer Eurozone Inflation and Burnham Speech Shape Currency Moves
The pound slipped 0.2% to $1.3233 but gained against the euro as traders weighed softer eurozone inflation and signals from UK leader-in-wai
Asia Markets Split as Nikkei Rises on Tech Strength, Hang Seng Slips
Japan's Nikkei 225 climbed 0.9% as AI and chip shares rebounded, but Hong Kong's Hang Seng slipped 0.6% even as its tech index rose 1.8%. Th
Lloyds Banking Group Pivots to Workplace Pensions to Stabilize Wealth Unit
Lloyds Banking Group is shifting its wealth management strategy toward workplace pensions to create a more stable revenue stream. The five-y
India's Markets Stabilize After Oil Shock: Rupee Rebounds, Bond Yields Fall, Foreign Inflows Surge
After oil-price swings rattled India earlier this quarter, its markets stabilized. The rupee rebounded about 2%, the 10-year government yiel
Ford Recalls 741,195 Vehicles Over Transmission Defect; Warranty Costs in Focus
Ford is recalling 741,195 vehicles in the US due to a transmission issue that may prevent proper parking, raising rollaway risk. The fix inv
Bureau Veritas Gets Small EPS Upgrade from RBC but Compliance Issue Caps Stock
RBC Capital Markets nudged up its 2026-2027 profit forecasts for Bureau Veritas by less than 1% ahead of the company's interim results on Ju
FTSE 100 on Track for Sixth Straight Quarterly Gain as Ceasefire Hopes Boost Sentiment
The FTSE 100 is poised for a sixth straight quarterly gain as Middle East ceasefire hopes calm markets. However, UK housebuilders fell on cl
India's Overnight Rate Breaches RBI Ceiling as Cash Crunch Bites
India's overnight interbank borrowing cost briefly rose above the RBI's 5.50% MSF rate, hitting 5.65% on Tuesday. The move reflects persiste
Global Millionaire Count Surges by Nearly 1 Million as Wealth Inequality Widens
UBS says global personal wealth jumped 10.8% last year, creating nearly one million new dollar millionaires. However, median wealth fell in
Meituan Enters China's AI Race with Open-Source LongCat-2.0 Model Trained on Domestic Chips
Meituan has released LongCat-2.0, a trillion-parameter large language model that it plans to open-source. The model was trained entirely on
AI Stocks Lift Global Markets Even as Rate Hike Bets Resurface
Global stocks keep climbing on AI-led gains, even as markets shift from expecting Fed rate cuts to nearly pricing a hike by October. Higher
Swiss Healthcare REIT Infracore Prices IPO at 54 Francs, Valued at 826 Million
Swiss healthcare real estate firm Infracore has priced its IPO at 54 francs per share, valuing it at about 826 million francs. The company p