By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
ETF Boom Gets Weird: Single-Stock Funds Now Majority of New Launches
Single-stock ETFs made up over half of new US launches last quarter, a sign the industry is chasing fads. Over 1,000 ETFs have launched this
Latin American Markets Rise as Oil Rally Boosts Regional Currencies
Latin American markets rose Friday and headed for weekly gains, driven by oil's month-long rally. Higher crude prices boosted regional curre
UK Government Signals Continuity on City-Friendly Financial Reforms
The UK's new government is maintaining the previous administration's pro-growth financial services reforms, including a key bill in parliame
Asian ADRs Slip Friday as Tech Stocks Show Mixed Results
Asian ADRs slipped Friday, with the S&P Asia 50 ADR Index down 0.48%. Infosys and Wipro rose, while LG Display and ASE Technology fell, refl
Morgan Stanley Cuts Boston Beer Price Target as Twisted Tea, Truly Sales Decline
Morgan Stanley cut its price target on Boston Beer to $190 from $220, citing weakness in core brands Twisted Tea and Truly. The bank also lo
Morgan Stanley Cuts Tractor Supply Price Target After Company Drops Long-Term Goals
Morgan Stanley cut its price target for Tractor Supply to $35 from $45 after the rural retailer abandoned its long-term financial targets. T
Commerzbank Signals Openness to Merger Talks with UniCredit After Stake Build-Up
Commerzbank chairman Jens Weidmann has invited UniCredit to direct merger talks after the Italian bank built a 48% stake. Discussions will f
Anduril's $100 Billion Valuation Talks Put It in Defense's Top Tier
Anduril, a US defense tech startup, is discussing a new funding round that could value it at roughly $100 billion. That would put it in the
Singapore's STI Edges Up 0.1% as AI Spending Doubts Cap Gains
The STI closed 0.1% higher at 5,588.34, trading in a narrow range. While other Asian markets fell on AI spending worries, Singapore stocks h
FAB Securities Reaffirms Buy on Al Rajhi Bank After 14% Profit Jump
FAB Securities maintained its buy rating on Al Rajhi Bank after the Saudi lender posted a 14% rise in Q2 net profit to SAR 7.01 billion. The
Poste Italiane's Telecom Italia Bid Opens, Strategic Plan Due Early 2025
Poste Italiane's offer for Telecom Italia is now open, and the company says it will unveil a strategic plan for the combined group early nex
Brent Crude Tops $102, Reviving Rate-Hike Fears as Long-Term Yields Stay Elevated
Brent crude briefly topped $102 a barrel, reviving inflation fears and pushing markets to price in higher rate-hike odds. Long-term US yield