By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Emaar's Q2 profit rises 9% but misses FAB Securities forecast
Emaar Properties reported a 9% rise in Q2 net profit to AED 3.67 billion, but it fell short of FAB Securities' forecast. First-half 2026 pro
RBC lifts SKF price target on resilient manufacturing demand
RBC Capital Markets raised its price target for Swedish industrial supplier SKF to 270 kronor from 250, citing a still-busy manufacturing ba
AI optimism lifts tech futures as traders await Fed minutes
US stock futures edged higher as strong AI results from Anthropic boosted chip stocks. Nasdaq futures led with a 0.6% gain, while traders aw
Nvidia's next earnings may matter less than its Rubin roadmap
Morgan Stanley expects Nvidia to deliver another beat-and-raise quarter, but says the real focus is on longer-term drivers like margins, mar
RBC sees Carrefour profits improving as French shoppers return
RBC Capital Markets has reaffirmed its outperform rating on Carrefour, pointing to improving French consumer sentiment and easier year-ago c
OceanaGold's AU$776M Ausgold deal adds long-term WA gold project
OceanaGold is buying Ausgold in a AU$776 million deal, gaining the Katanning gold project in Western Australia. First production is targeted
Singapore shares edge higher as trade surplus narrows; Medi Lifestyle surges 44%
Singapore's benchmark STI closed up 0.4% even as the city-state's merchandise trade surplus narrowed in July. Medi Lifestyle surged over 44%
Mitsui Kinzoku to build Malaysia copper foil plant for AI chips by 2031
Japanese materials maker Mitsui Kinzoku will build a new copper foil plant in Malaysia to meet surging demand from AI servers and advanced c
Asian currencies hit records as US dollar weakens on Fed bets
Asian currencies are hitting fresh highs as the US dollar softens, lifting MSCI's emerging-market currency index to a record. The Taiwan dol
Berenberg sees Talanx lifting 2026 profit target again after strong H1
Berenberg thinks Talanx will nudge its 2026 profit guidance higher again, possibly to above €2.8 billion, when it reports Q3 results on Nove
Shein's Hong Kong IPO targets $25-28B valuation, down from $100B
Fast-fashion retailer Shein is set to list in Hong Kong with a target valuation of $25-28 billion, a steep decline from the nearly $100 bill
Yuan near 3-1/2-year high as dollar softens, PBOC steers pace
China's yuan is trading near its strongest level in 3-1/2 years as the dollar weakens. The central bank is managing the pace with its daily