By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
C C Land Unit Invests HK$251 Million in Hong Kong Yuen Long Redevelopment
C C Land's unit Crystal Concept Developments is buying a 25% stake in Leading Avenue, which owns a Yuen Long industrial site slated for two
China's State Buyer Tightens Grip on Fortescue's Iron Ore, Squeezing Port Stockpiles
China Mineral Resources Group (CMRG) has restricted deliveries of Fortescue's lower-grade iron ore, causing port stockpiles to drop 16.5%. T
Fifth Third Bancorp Q2 Profit Boosted by 48% Jump in Net Interest Income and Strong Fee Revenue
Fifth Third Bancorp posted strong second-quarter results, with net interest income climbing 48% to $2.22 billion. Fee-based businesses like
Meta Hires AWS Veteran Dave Brown to Lead AI Data Center Expansion
Meta is hiring Dave Brown, a longtime AWS executive, to lead its AI data center buildout. The move highlights the company's focus on operati
SP Group Closes 18.95% Zero-Coupon Bond Refinance Backed by Tata Sons Stake
Shapoorji Pallonji Group completed a long-delayed refinance, issuing 215 billion rupees in three-year zero-coupon bonds yielding 18.95%, bac
Regions Financial Profit Rises as Credit Loss Provisions Drop Sharply
Regions Financial posted a rise in second-quarter profit as provisions for credit losses dropped sharply. Net interest income edged up 1.4%
Indonesia's Central Bank Eases Bank Liquidity After Government Deposit Shift
Indonesia's central bank is smoothing bank liquidity after a brief government deposit shuffle tightened cash. The INDONIA overnight rate has
India's Nifty 50 Edges Higher as Tech Mahindra, Jio Financial Lift IT and Banking Stocks
India's Nifty 50 ended a volatile week up 0.5%, with gains from Tech Mahindra and Jio Financial boosting IT and financial stocks. The index
Casino Stocks Shift Focus to M&A as Fertitta's $18 Billion Caesars Bid Looms
US casino giants head into earnings season with traders focused on deal talk after Tilman Fertitta's $18 billion offer for Caesars. Analysts
Japan Hotel REIT Boosts Dividend Forecast After $160M Okinawa Sale, Plans Osaka Buy
Japan Hotel REIT lifted its full-year outlook after selling The Beach Tower Okinawa for a 24.1 billion yen gain. The REIT plans to retain mo
Chip Stocks Slide Again as AI Trade Falters; Nasdaq Futures Drop 2%
Nasdaq futures slid about 2% as chip stocks continued their decline, led by memory-chip makers. Netflix's weak outlook added to the cautious
Burberry's Turnaround Relies on US and China as Middle East Conflict Hits European Tourism
Burberry's comparable sales rose 5% in the April-June quarter, but shares dropped over 6% as Middle East conflict dampened tourist spending