By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Danske Bank Q2 NII Edges Up 1% but Funding Costs Rise on Higher Nordic Rates
Morgan Stanley forecasts Danske Bank's Q2 net interest income to grow roughly 1% from the prior quarter. However, rising Nordic money-market
RBC Hikes ASML Price Target to $2,000 on EUV Machine Pricing Power
RBC Capital Markets lifted its ASML price target to $2,000, pointing to a multiyear shortage of EUV machines. The bank sees room for price i
Ashmore Swings to $1.3 Billion Inflows as Emerging Market Confidence Returns
Ashmore Group reported $1.3 billion in net inflows for the quarter ended June 30, swinging from $900 million in outflows the prior quarter.
DNB Profit Dip Highlights Norway's Banking Squeeze as Rate Hopes and Buyback Loom
DNB's second-quarter profit dipped 6% as net interest income missed expectations, reflecting a squeeze on lending margins. A potential Norge
Palm Oil Futures Rise 0.9% as Crude and Soybean Oil Rally, Weaker Ringgit Aids Exports
Malaysian palm oil futures rose 0.9% to 4,574 ringgit per ton, lifted by higher crude oil and soybean oil prices. A weaker ringgit also made
Nvidia Slashes Approved Asia AI Chip Buyers by Over Half Amid Tighter China Export Controls
Nvidia has reportedly cut its approved Asian customer list for advanced AI chips by more than half after tightening compliance reviews. The
Asian Stocks Slide as Fed Rate Hike Signals and Iran Tensions Rattle Markets
Asian stocks fell and US and European futures slipped as the Fed's hawkish rate stance and Middle East tensions pushed oil near $85 a barrel
RBC Downgrades Woolworths Despite Market Share Gains Over Coles
RBC Capital Markets forecasts Woolworths will post stronger Q4 comparable sales than Coles, driven by pricing and execution. However, it dow
Apple Sues OpenAI Over Poaching, TSMC Sales Surge 36% as AI Boom Continues
Apple is suing OpenAI, accusing the AI firm of poaching engineers and stealing trade secrets. Meanwhile, TSMC's sales surged 36% last quarte
KOSPI's AI Rally Unravels as Leveraged Bets in Samsung, SK Hynix Fuel 25% Drop
South Korea's KOSPI index has plunged about 25% since late June, entering bear market territory after a leveraged rally in AI chip stocks re
CapitaLand Investment Shuts Special Opportunities Team After Key Departures
CapitaLand Investment has wound down its five-person special opportunities team after its head left in December 2025 and remaining staff dep
Corn and Soybean Futures Dip as USDA Crop Ratings Improve Slightly
Corn and soybean futures edged lower after the USDA reported slight improvements in crop ratings. The good-to-excellent ratings for corn and