By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Thyssenkrupp investors weigh tk accelis spinoff as DWS abstains
Thyssenkrupp investors vote Friday on a plan to spin off 49% of tk accelis, its biggest division by sales. Asset manager DWS says it will ab
Hong Kong stocks edge up as traders await US jobs data
Hong Kong stocks edged higher, with the Hang Seng up 0.5%, as traders awaited the US jobs report to gauge the Fed's next move. NASN Intellig
SK Hynix approves $38B memory chip expansion through 2031
SK Hynix's board approved 54.3 trillion won ($38.3 billion) for new memory chip plants in Yongin and Cheongju, with first cleanrooms slated
Global stocks head for best week since May as US jobs report looms
Global stocks are on track for their best week since May, lifted by AI optimism and solid earnings. But Friday's US jobs report could determ
Zensho's quarterly profit jumps 89% as sales climb 17%
Zensho's profit surged 89% in the latest quarter as sales climbed 17% to 324.8 billion yen. The restaurant operator's cost structure helped
Trent's profit beat fails to lift shares as store sales stay soft
Trent, one of India's biggest apparel retailers, beat profit expectations but saw its shares fall as like-for-like sales stayed in the low s
Rand firms to 16.34 as gold rally offsets caution ahead of US jobs data
The rand firmed to 16.34 per dollar as gold rallied, but traders held back ahead of the US jobs report. The data could shift expectations fo
Kingspan lifts profit outlook as data center unit booms
Kingspan raised its full-year profit outlook to about €1.13 billion, driven by booming demand at its data center unit ADVNSYS. The company a
Bridgestone's pricing power and cost cuts lift first-half profit 79%
Bridgestone's first-half profit jumped 79% to 206.1 billion yen, driven by higher tire prices, a richer product mix, and ongoing cost cuts.
ASX 200 flat at 9,263.60 as investors await US jobs data
Australia's ASX 200 finished nearly flat at 9,263.60 as investors held back ahead of the US jobs report. The data could shape expectations f
BOJ officials' speeches set stage for expected September rate hike
Japan's central bank is lining up speeches from key officials ahead of its September 17-18 policy decision, widely expected to include anoth
Westpac sees Australia's housing slump as short-lived with RBA on hold
Westpac says Australia's housing market is cooling again, but the slowdown should be short-lived. The bank expects the RBA to keep rates on