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Newsroom · Equities Correspondent

By Marcus Devlin

Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.

18 published stories
Tian An China Extends $1.1B Loan Repayment to Ease Shenzhen Project Pressure
Stocks

Tian An China Extends $1.1B Loan Repayment to Ease Shenzhen Project Pressure

Tian An China Investments has extended the repayment date on 1.1 billion yuan in shareholder loans to its Shenzhen joint venture, moving it

Indian Stocks Poised for Gains as Oil Drops and Asian Markets Rally
Markets

Indian Stocks Poised for Gains as Oil Drops and Asian Markets Rally

Indian stocks are set for a firmer open as oil prices cool and Asian shares rally. Brent crude fell 1.8% to $72.4 a barrel after tankers mov

Tourism Holdings Jumps 12% on NZ$3.30-3.40 Takeover Approach from Unnamed Strategic Buyer
Stocks

Tourism Holdings Jumps 12% on NZ$3.30-3.40 Takeover Approach from Unnamed Strategic Buyer

Tourism Holdings shares jumped 12% after an unnamed strategic buyer floated a NZ$3.30-3.40 per-share takeover offer. The proposal is non-bin

Oil's 4% Plunge Sets Stage for Firmer Australian Open as Energy Worries Ease
Markets

Oil's 4% Plunge Sets Stage for Firmer Australian Open as Energy Worries Ease

Australian shares are poised for a firmer open on Thursday after crude oil dropped more than 4%, calming supply concerns. Investors are also

Tasmea Targets AU$202-208 Million FY2027 EBITDA, Eyes 70% Earnings Growth
Stocks

Tasmea Targets AU$202-208 Million FY2027 EBITDA, Eyes 70% Earnings Growth

Tasmea, an ASX-listed services group, has set a new FY2027 underlying EBITDA target of AU$202-208 million. The company says this implies mor

Safepoint Abruptly Withdraws $283M IPO as Florida Insurer Cites Company-Specific Issues
Stocks

Safepoint Abruptly Withdraws $283M IPO as Florida Insurer Cites Company-Specific Issues

Safepoint, a Tampa-based Florida home insurer, withdrew its planned $283.3 million IPO at the last minute, even as other companies continue

Codelco Weighs Asset Sales and Partnerships as Chile Pressures Its Copper Giant to Boost Output
Markets

Codelco Weighs Asset Sales and Partnerships as Chile Pressures Its Copper Giant to Boost Output

Codelco's chairman Bernardo Fontaine has launched a three- to four-month review that could lead to asset sales, project delays, or new partn

Blue Moon Metals Secures Key Permits and EPC Contract for Norway's Nussir Mine, Targets 2027 Production
Stocks

Blue Moon Metals Secures Key Permits and EPC Contract for Norway's Nussir Mine, Targets 2027 Production

Blue Moon Metals has secured key permits and an EPC contract for its Nussir mine in Norway, moving the project from regulatory approval to c

Qualcomm Targets $40B in Non-Handset Revenue by 2029, Eyes Data Center Growth
Tech

Qualcomm Targets $40B in Non-Handset Revenue by 2029, Eyes Data Center Growth

Qualcomm outlined plans to diversify beyond smartphones, targeting $40 billion in non-handset revenue by fiscal 2029. New data center deals

Micron Surges 15% After Hours as Oil Plunge Eases Inflation Fears
Markets

Micron Surges 15% After Hours as Oil Plunge Eases Inflation Fears

AI-chip stocks remained shaky, but Micron surged 15% after hours on strong earnings. Meanwhile, oil prices slid as tanker traffic through th

Qualcomm Targets Nvidia's Turf With Cheaper AI Chip Strategy, Wins Microsoft and Meta
Tech

Qualcomm Targets Nvidia's Turf With Cheaper AI Chip Strategy, Wins Microsoft and Meta

Qualcomm is taking on Nvidia in AI data centers, winning Microsoft and Meta as customers for its new chips that use cheaper memory. The move

Prime Day Spending Tops Forecasts, Retail Stocks Rise; Hertz Slides on Used-Car Woes
Stocks

Prime Day Spending Tops Forecasts, Retail Stocks Rise; Hertz Slides on Used-Car Woes

Amazon's Prime Day kicked off with $8.3 billion in sales, topping Adobe's $7.9 billion forecast and boosting retail stocks. But the day also