By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Mercedes-Benz Invests €1 Billion to Double EV Output at Hungary Plant
Mercedes-Benz is pouring €1 billion into its Kecskemet, Hungary plant to double production and add three new electric models. The expansion
Pound Dips as Oil Surge and Fed Rate Hike Bets Strengthen Dollar
Renewed US-Iran strikes lifted Brent crude to $77.60, sending the pound 0.1% lower to $1.339. The dollar firmed as traders bet on higher US
Singapore Stocks Barely Budge as Oil Surges on US-Iran Strikes; Beverly Wilshire, Mun Siong, EnGro See Big Moves
Singapore's Straits Times Index (STI) closed nearly flat, up 0.02%, even as oil prices surged on US-Iran strikes. Beneath the calm, Beverly
Morgan Stanley Expects DNB Bank Q2 Profit to Beat Estimates Despite Credit Risks
Morgan Stanley forecasts DNB Bank will report Q2 net profit of 9.95 billion kroner, slightly above the 9.80 billion consensus. However, the
Iran Strait Closure Sends CEE Currencies Tumbling as Oil Spikes
Central and Eastern European currencies fell sharply after Iran announced it had again closed the Strait of Hormuz, sending oil prices highe
Asian Tech's US Fundraising Party Gets Pickier as AI Excitement Fades
SK Hynix's $26.5B US debut has other Asian tech firms lining up for US listings, but investors are getting pickier. AI excitement is cooling
Rio Tinto Q2 Shipments Seen Slightly Ahead, But Cost Pressure May Force Guidance Change
Rio Tinto's second-quarter Pilbara shipments are forecast to edge past expectations at 84.6 million tonnes. However, rising cash costs may p
Rubber Prices Rise as China Tire Demand Holds Steady and Oil Costs Climb
Rubber prices ticked higher across Asian markets on Monday, supported by rising oil costs and consistent demand from China's tire industry.
Segafredo Zanetti Sale Process Heats Up as QuattroR Hires Lazard
QuattroR has hired investment bank Lazard to sell its over-70% stake in Italian coffee brand Segafredo Zanetti. Buyout firms CVC and BC Part
TSMC's Record Quarter Shows AI Demand Is Still Driving Growth
Taiwan Semiconductor Manufacturing Co posted record second-quarter revenue of T$1.27 trillion, up 36% from a year earlier, slightly topping
Italy's Banking M&A Heats Up as Intesa Eyes Monte dei Paschi and Consob Meets
Intesa Sanpaolo has hired JPMorgan to advise on a potential bid for Monte dei Paschi, adding to a wave of deal speculation in Italian bankin
Rupee Slips to One-Month Low as Oil Surge and RBI Intervention Clash
India's rupee slid to a one-month low as oil prices surged on concerns over the Strait of Hormuz. The Reserve Bank of India likely stepped i