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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.

3,544 published stories
Pony.ai targets 4,000 overseas robotaxis as revenue jumps 68.8%
Tech

Pony.ai targets 4,000 overseas robotaxis as revenue jumps 68.8%

Pony.ai says it has a pipeline of more than 4,000 planned and potential overseas robotaxi deployments, aiming for a 3,500-vehicle fleet by y

E7's Identity Solutions unit drives revenue beat, but profit misses
Earnings

E7's Identity Solutions unit drives revenue beat, but profit misses

E7 Group's second-quarter revenue grew 6.2% year-on-year, beating forecasts, but net profit fell short. FAB Securities maintained its BUY ra

Singapore shares slip 1.2% as oil and US yields climb
Markets

Singapore shares slip 1.2% as oil and US yields climb

Singapore's benchmark index fell 1.2% as higher oil prices and US Treasury yields dampened investor mood. Koh Brothers Eco Engineering slid

Alliance Aviation names Qantas veteran Steven Greenway as CEO
Stocks

Alliance Aviation names Qantas veteran Steven Greenway as CEO

Alliance Aviation has hired Qantas veteran Steven Greenway as its next CEO, replacing Stewart Tully. The move comes as the charter operator'

Dollar Steadies Near Lows as Fed Hike Odds Slip to 35%
Markets

Dollar Steadies Near Lows as Fed Hike Odds Slip to 35%

The dollar edged up but stayed near multi-month lows as traders trimmed bets on a September Fed hike to 35%. Long-term Treasury yields climb

Berenberg raises Siemens target to €330 on data center boom
Stocks

Berenberg raises Siemens target to €330 on data center boom

Berenberg raised its Siemens price target to €330, pointing to triple-digit growth in data center orders and a lifted fiscal 2026 outlook. T

NSE's IPO could value India's top exchange at $63 billion
Markets

NSE's IPO could value India's top exchange at $63 billion

India's National Stock Exchange is preparing for a landmark IPO that could value the bourse at up to 5.26 trillion rupees. The fully seconda

Rand slips to 16.27 per dollar as oil rally and firm dollar weigh
Markets

Rand slips to 16.27 per dollar as oil rally and firm dollar weigh

The rand slipped 0.3% to 16.2675 per dollar as oil prices climbed for a third session and Middle East tensions lifted the dollar. Higher fue

Brookfield raises bid for Reliance Worldwide to A$4.75 a share
Stocks

Brookfield raises bid for Reliance Worldwide to A$4.75 a share

Brookfield has sweetened its takeover bid for Reliance Worldwide to A$4.75 a share, valuing the plumbing maker at about A$4.1 billion. The m

Nikkei drops 2.5% as Hormuz shipping halt lifts oil and yields
Markets

Nikkei drops 2.5% as Hormuz shipping halt lifts oil and yields

Japan's Nikkei dropped 2.5% Tuesday after shipping through the Strait of Hormuz stalled again, lifting crude prices and bond yields. The dec

Asia currencies firm as dollar slips, but oil and Bank Indonesia loom
Markets

Asia currencies firm as dollar slips, but oil and Bank Indonesia loom

The Taiwan dollar hit a near two-month high as Fed hike odds faded, but rising crude prices and a Bank Indonesia decision kept sentiment in

VeriSilicon targets AI-driven profitability by late 2026
Tech

VeriSilicon targets AI-driven profitability by late 2026

VeriSilicon's first-half revenue jumped 91%, yet its net loss deepened. The chip design firm now says it will lean on AI across R&D to achie