By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Shanghai Electric Plans 1.5B Yuan Pearl Bond in Free Trade Zone
Shanghai Electric's overseas unit plans to sell 1.5 billion yuan in three-year Pearl Bonds in Shanghai's free trade zone. The deal tests inv
Samsung SDI may buy GM's stake in Indiana EV battery plant
Samsung SDI may take full control of its $3.5 billion Indiana EV battery venture with GM, according to Bloomberg. The move comes as US incen
Berkshire's Abel shifts to buying as TSMC rides AI sales surge
Berkshire Hathaway under Greg Abel has shifted from hoarding cash to buying stocks, ending a selling streak. Meanwhile, TSMC's sales jumped
Austral Resources to Acquire Hammer Metals in All-Share Deal
Austral Resources Australia has agreed to acquire Hammer Metals in an all-share deal. Hammer shareholders will receive 1.2903 Austral shares
Australian shares flat as miners offset bank losses ahead of RBA
Australian shares were little changed as mining and energy gains offset bank losses. Traders priced a 96.1% chance the RBA leaves rates unch
St George Mining's Brazil Rare Earths Resource Jumps 57% to 111.2M Tonnes
St George Mining has boosted its mineral resource estimate for the Araxá project in Brazil by 57% to 111.2 million tonnes. The update also h
Zijin buys 9.2% stake in Allied Gold via C$417 million placement
Allied Gold raised C$416.64 million from Zijin Gold via a private placement, giving the Chinese miner a 9.2% stake. The funds will support e
Canada's TSX hits record as oil jumps 5% on Hormuz supply fears
The S&P/TSX rose 0.2% to a record 36,458.33 as oil climbed 5.1% to $82.13 a barrel, boosting energy stocks 3.7%. Supply fears around the Str
Rocket Lab's margin forecast shows the high cost of scaling up
Rocket Lab guided to a third-quarter gross margin of 29%-31%, well below the 37.6% analysts expected, as it spends heavily on its Neutron ro
Loonie Holds Near Eight-Week High as Oil Jumps and Jobs Beat
The Canadian dollar remains near an eight-week high, supported by a 5.05% jump in oil to $82.13 and a stronger-than-expected July jobs repor
PNE's sale hits snag as buyers balk at €757.6m price tag
PNE's sale process is struggling as potential buyers are unwilling to pay the company's €757.61 million market value. The German renewables
S&P 500 earnings surge 51% but healthcare turns negative
With 89% of S&P 500 companies reported, earnings are up about 51% year-over-year, led by energy and tech. But healthcare swung to a 7.5% dec