By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Mitsubishi to triple Ayala stake in $709M Philippine bet
Mitsubishi is set to lift its stake in Ayala to 15% in a deal worth about $709 million, paying a near 22% premium. The move deepens ties acr
IHC restructures ownership, places Fount Trust at top of holding chain
Abu Dhabi-listed IHC has placed Fount Trust at the top of its ownership chain, above Royal Group. The company says the reshuffle is a govern
Starbucks opens Chennai tech hub, plans 800 hires in India GCC push
Starbucks is setting up a global capability center in Chennai, with plans to hire about 800 tech professionals. The move highlights India's
European stocks climb as falling oil eases inflation worries
European stocks started the week on a firmer footing as falling oil prices eased inflation worries. The STOXX 600 gained 0.8%, led by tech a
German auto workers rally as VW profit warning stokes job fears
German auto workers rallied at Volkswagen, BMW, and Bosch after VW slashed its 2026 margin outlook to 1%. Unions fear job cuts and plant clo
ASX 200 flat as oil dips and RBA hike bets firm; Telix slides 10%
The ASX 200 finished flat as cooler oil prices balanced expectations for another RBA rate hike. Telix slid 10% after announcing a $1.65 bill
New Zealand shares rise as Saudi oil exports rebound eases supply fears
New Zealand's benchmark index rose 0.6% after data showed Saudi Arabia's oil exports rebounded above 4 million barrels a day in September, u
BoE and Fed probe banks' exposure to trading firms after AI fund losses
Regulators in the UK and US are pressing global banks on how their exposure to large trading firms can build up within a single day. The mov
Humanoid robots remain a niche as industrial robots dominate
Humanoid robots are generating buzz, but sales remain tiny: only about 7,000 units were sold last year, versus 542,000 traditional industria
Novo Nordisk faces patent cliff questions as Wegovy growth slows
Novo Nordisk heads into Monday facing investor pressure to outline a growth plan beyond Wegovy. With semaglutide patents expiring early next
Oil slides on Iran diplomacy hopes; AI demand lifts chip stocks
Oil prices slipped to a more-than-a-week low on hopes that diplomacy over Iran's conflict could ease supply fears, while chipmakers rallied
Red Avenue New Materials launches HK IPO to raise up to HK$3 billion
Red Avenue New Materials Group has launched a Hong Kong IPO, aiming to raise up to HK$3 billion. Shares are being marketed at HK$39-HK$44, w