By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
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
Asia Stocks Slide as Taiwan Leads AI Trade Repricing; TSMC Drops 7% Despite Record Profit
Asian markets pulled back sharply, led by Taiwan's 6% slide, as investors repriced the AI trade. TSMC fell over 7% despite reporting record
Hong Kong Stocks Slide 1.8% as AI and Chip Sell-Off Accelerates
Hong Kong stocks dropped Friday, with the Hang Seng falling 1.8% as investors pulled back from AI and chip shares. Higher oil prices and new
Kazakhstan's Copper Output Dips 4.5% in First Half Despite June Rebound
Kazakhstan's refined copper output dropped 4.5% in January–June compared to last year, even as June production rebounded 6.5% from May. The
Columbia Financial Goes Fully Public With $1.67 Billion Share Sale and Northfield Bancorp Merger
Columbia Financial is converting from a mutual bank to a fully public company, issuing 167.2 million shares at $10 each. The move coincides
7-Eleven Owner Seven & i Eyes Minority Stake in Poland's Zabka to Expand in Europe
Seven & i, the Japanese retail giant behind 7-Eleven, is in talks to buy a stake in Poland-based convenience chain Zabka. The deal, valued a
China Stocks Tumble as $8.6 Billion CXMT IPO Raises Liquidity Fears
China's onshore stocks slid sharply as traders braced for a giant new listing. The Shanghai Composite fell nearly 3.1% and the tech-heavy SS
Japan Urges Households and GPIF to Invest More at Home as Rates Turn Positive
Japan's Prime Minister Sanae Takaichi told parliament on July 17th that the government wants more domestic investment from households and th
Perpetual Rejects EQT's Sweetened $1.75 Billion Takeover Bid for Second Time
Perpetual has rejected EQT's sweetened A$2.5 billion ($1.75 billion) takeover bid for the second time in just over two weeks. The board says
South Korea Raids Top Memory Interface Chip Suppliers in Price-Fixing Probe
South Korean prosecutors raided Montage Technology, Renesas Electronics, and Rambus as part of a price-fixing investigation into memory inte
Shein Gets Hong Kong Listing Committee Nod, Eyes $40-50 Billion IPO Valuation
Shein has reportedly received approval from Hong Kong's listing committee, moving closer to a potential IPO valued at $40-50 billion. The co
Japan's Ruling Party Targets Activist-PE Deal Ties With New Governance Rules
Japan's Liberal Democratic Party is drafting rules to tighten shareholder proposals and appraisal rights, targeting activist-PE collusion in