By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Momenta's Hong Kong IPO: A $756 Million Bet on Robotaxi Commercialization
Momenta is seeking up to HK$5.89 billion in a Hong Kong IPO to fund its shift from driver-assistance software to robotaxi operations. The co
Baidu's AI Chip Arm Kunlunxin Targets $50 Billion Hong Kong IPO With Unusual Sales Tie-In
Kunlunxin, Baidu's AI chip unit, is planning a Hong Kong IPO with a $50 billion valuation target. The offering ties share allocations to chi
Saudi Stocks Edge Lower as Renewed US-Iran Attacks Rattle Investors
Saudi stocks slipped 0.23% on Sunday as new US-Iran attacks reignited geopolitical uncertainty. Investors are now demanding a higher risk pr
Google Caps Meta's Gemini AI Access as Cloud Compute Shortage Bites
Google reportedly capped Meta's usage of its Gemini AI after Meta's demand exceeded Google Cloud's compute capacity, slowing some of Meta's
Vespa Turns 80: Rome Hosts Four-Day Festival as Piaggio's Iconic Scooter Marks Milestone
Rome is hosting a four-day "Vespa Roma 2026" festival to mark 80 years of Piaggio's iconic scooter. The event at the Stadio dei Marmi featur
OpenAI IPO Delay and Chinese Car Surge: Key Market Moves on June 27
OpenAI's IPO faces potential delay amid slowing growth and valuation concerns, dragging Asian tech markets down. Meanwhile, Chinese carmaker
SpaceX Joins Nasdaq 100 on July 7, J.P. Morgan Sees $4.3 Billion ETF Inflow
SpaceX joins the Nasdaq 100 on July 7, forcing index-tracking ETFs to buy billions in shares. J.P. Morgan estimates $4.3 billion in passive
Red Lobster Creditors Sue Thai Union Over Alleged Self-Dealing Contracts
Red Lobster's creditors are suing former owner Thai Union, claiming the seafood supplier steered deals to benefit itself as the chain neared
SpaceX Joins Russell Indexes, Forcing $4 Billion in ETF Buying Before Monday
SpaceX is set to join FTSE Russell's US indexes after Friday's close, forcing index-tracking funds to buy more than $4 billion in shares. Th
S&P 500 Drops 2% as AI Stocks Slide on Iran Ceasefire Doubts
The S&P 500 fell 2% this week after President Trump said Iran violated the ceasefire, rattling markets. AI-exposed tech and communication se
Blue Moon Metals to Swap Mining Unit for 30% Stake in VMS Explorations
Blue Moon Metals is selling its NSG subsidiary to VMS Explorations for US$15 million in shares, taking a 30% stake. The deal depends on VMS
RBC Upgrades American Tower on CoreSite Strength and US Tower Growth Outlook
RBC upgraded American Tower to outperform, raising its price target to $205. The bank expects the REIT's US towers and CoreSite data centers