By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Wise Shares Drop 10% After US Regulator Rejects National Trust Bank Application
Wise shares dropped 10% after the OCC rejected its national trust bank application. The denial stems from a Fed policy shift on payment syst
Mapfre Buys Safety Insurance for $1.54B, Sabadell Announces Buyback
Mapfre expands its US presence with a $1.54 billion all-cash deal for Safety Insurance Group. Separately, Banco de Sabadell posts fresh resu
Poste Italiane Beats Profit Forecasts, STMicro Plans New Chip Plants, Italy Treasury Sets BOT Auction
Poste Italiane beat profit expectations as the Treasury readies its July 29 semi-annual BOT sale. STMicroelectronics laid out new investment
KKR-Backed Hyperoptic Hits 2 Million Premises, Shifts Focus to Boosting Subscriber Sign-Ups
Hyperoptic, backed by KKR, has passed 2 million UK homes and businesses with its fiber network. The company reported 18% subscriber growth a
NZX 50 Flat as Brent Crude Surges Past $100, Stoking Inflation Fears
The NZX 50 barely moved on Friday as Brent crude surged past $100, adding fresh inflation worries. Higher oil prices could keep central bank
Sabadell's TSB Sale Boosts Q2 Profit to €624M, Buyback Planned
Banco Sabadell reported a 28% rise in Q2 net profit to €624 million, helped by a €322 million gain from selling its UK subsidiary TSB. The b
Thailand Auto Output Falls Again as Export Demand Weakens, FTI Cuts 2026 Forecast
Thailand built 120,391 cars in June, down 7.55% from a year earlier, as export demand weakened. Local sales rose 17.26%, but the Federation
Asia Stocks Slide as $100 Oil and AI Spending Doubts Hit Chipmakers
Asian stocks tumbled as oil prices climbed above $100 a barrel and Wall Street worried about Big Tech's heavy AI spending. South Korea's KOS
Iris Cairns Property Makes Reef Casino Trust Takeover Unconditional After Qld Approval
Iris Cairns Property has declared its takeover offer for Reef Casino Trust unconditional after securing Queensland Government approvals. The
Nikkei Tumbles Over 2% as Alphabet's AI Spending Spooks Global Tech Investors
Japan's Nikkei slid more than 2% after Alphabet's shares fell 7% in the US, reviving worries that big tech's AI buildout is getting too expe
Intel Boosts Forecast, Hikes Spending to $20B on Surge in AI Data Center CPU Demand
Intel raised its Q3 revenue and profit outlook after a surge in AI data center demand for its CPUs. The company also lifted its capital spen
Oil Above $100 Sinks Latin American Markets; Chile Peso at 2025 Low
Brent crude surged past $100 a barrel after Red Sea attacks on Saudi tankers, triggering a selloff in Latin American markets. Chile's peso f