By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Nigeria's Insurance Recapitalization: 43 Firms Meet New Capital Rules
Nigeria's insurance regulator says 43 insurers and reinsurers met tougher minimum capital rules by the July 31 deadline, with eight more sti
AstraZeneca shares slide 7% on report of Bristol Myers merger talks
AstraZeneca shares slid 7% after Reuters reported preliminary talks about a combination with Bristol Myers Squibb. Investors questioned the
ING lifts revenue targets, RBC raises price target to €32
ING raised its 2026-27 revenue targets after strong results, and RBC responded by lifting its price target to €32 and penciling in bigger bu
Why Korea's chip stocks fell: leverage, not weak earnings
Korea's chip-heavy KOSPI has been volatile, but the cause is forced selling from leveraged ETFs, not weak earnings. Foreign investors return
Malaysia may ease rare earth export ban with strings attached
Malaysia may allow limited exports of raw rare earths, but only if buyers invest locally and share technology. The move follows a 2024 morat
Pacific Equity Partners offers A$760M for FleetPartners at 27% premium
Private equity firm Pacific Equity Partners has made a A$760 million takeover proposal for Australian vehicle-leasing company FleetPartners
Alibaba's Qwen3.8-Max enters China's AI race with open-weight model
Alibaba has unveiled Qwen3.8-Max, a massive open-weight AI model that's already climbing the rankings. The launch intensifies China's AI rac
Monte Paschi weighs Banco BPM bid to block Intesa's banking ambitions
Banca Monte dei Paschi di Siena is exploring a takeover of Banco BPM to block larger rival Intesa Sanpaolo, according to the Financial Times
NutryFarm extends restructuring deadline after exiting judicial management
SGX-listed NutryFarm has extended its restructuring deadline to Dec. 31 after exiting judicial management. Its AI Nova unit also scrapped a
Japan Stocks Slide as Rare Joint Yen Intervention Strengthens Currency
A rare joint intervention by Japan and the US to boost the yen sent Japanese stocks tumbling, with the Nikkei down 2.2% and Toyota off 5.3%.
IperionX plans Texas move and Nasdaq direct listing
Titanium firm IperionX wants to move its top holding company to Texas and replace its Nasdaq American depositary shares with directly listed
KOSPI tumbles 5.5% as Samsung, SK Hynix slide despite strong chip exports
South Korea's KOSPI fell 5.5% as chip giants Samsung Electronics and SK Hynix dropped more than 7% each, overpowering strong July export dat