By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Barratt Redrow trims FY27 home completion target as mortgage costs bite
Barratt Redrow has cut its FY27 home completion forecast to 17,500-17,900 units, blaming elevated mortgage rates for dampening buyer confide
India's NSE IPO values exchange at $46B as options boom cools
India's National Stock Exchange is selling shares worth $2.3 billion, valuing the venue at about $46 billion. The IPO comes as options tradi
ByteDance's AI drug unit Anew Labs raises $290M at $1.5B valuation
ByteDance's AI drug discovery spin-off Anew Labs has raised $290 million in its first external funding round, hitting a $1.5 billion valuati
UniCredit's Orcel pushes for new leadership at Commerzbank as Berlin watches
UniCredit is escalating its pursuit of Commerzbank, with CEO Andrea Orcel pushing for new leadership at the German lender. The move keeps Be
Rupee Holds Near 96 as RBI Dollar Sales Counter Oil and Yield Pressure
The rupee traded in a tight range near 96 per dollar as the RBI stepped in to sell dollars, offsetting pressure from high oil prices and ris
Korean Air's $44.8B Boeing order paves way for Asiana merger
Korean Air has finalized a $44.8 billion order for Boeing jets and GE Aerospace engines, a key step as it prepares to complete its merger wi
Africa's markets watch US yields and oil ahead of Fed decision
African markets took their cues from US bond yields and oil prices as investors awaited the Federal Reserve's decision. Nigeria's inflation
Yuan steady as PBOC sets strongest midpoint since Feb 2023
China's yuan barely moved after the PBOC set its strongest daily midpoint since February 2023, as investors stayed cautious ahead of the Fed
South32's $5.6B Alcoa deal aims to lift margins to 48% by 2026
South32 is selling its aluminum operations to Alcoa for $5.6 billion, betting that a simpler portfolio will boost profitability. The miner e
SK Hynix workers approve cash-heavy bonus deal after weeks of talks
SK Hynix's production workers' union approved a revised wage deal that shifts profit-sharing bonuses toward cash. The vote, 57.1% to 42.9%,
Malaysia weighs backup plans if AirAsia's finances worsen
Malaysian officials have asked Malaysia Airlines and Batik Air how they could cover domestic routes if AirAsia's finances deteriorate furthe
Asia stocks steady as 10-year Treasury yield hovers near 5%
Asian stocks traded flat as the 10-year US Treasury yield hovered near 5%, with markets pricing in another Fed rate hike. Oil prices eased,