By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
SGX posts record annual profit as trading volumes climb 24.6%
SGX Group posted a record full-year net profit, up 24.6%, as trading activity picked up across its markets. Cash equities led the growth, he
Algeria returns to wheat market, paying more for near-term supply
Algeria's state grain buyer OAIC has re-entered the global wheat market, buying an estimated 540,000-720,000 tons at around $289-$290 a ton.
Emerging market stocks slip as Asian chipmakers cool off
Emerging-market stocks slipped 1.6% as Asian chipmakers cooled, pulling the MSCI index off a three-week high. Meanwhile, EM currencies held
Kurita Water Industries profit soars 154% on strong sales, higher dividend
Kurita Water Industries reported a 154% surge in first-quarter profit, driven by a 14% rise in sales. The water treatment firm also lifted i
Dubai Residential REIT beats forecasts as occupancy hits 98.6%
Dubai Residential REIT reported stronger-than-expected first-half results, with recurring profit up 15.1% year-on-year. Occupancy rose to 98
Swiggy targets 100 billion rupees core earnings by FY31
Swiggy has laid out plans to reach 100 billion rupees in annual core earnings by FY31, powered by food delivery and its Instamart quick-comm
Nintendo profit rises despite 34% drop in Switch 2 sales
Nintendo's latest quarter shows how game companies can thrive even when console sales slow. Profit rose to 147.4 billion yen despite a 34.4%
Nikkei slips 0.9% as chip selloff offsets broad gains
Japan's Nikkei slipped 0.9% as a selloff in chip and AI-linked heavyweights outweighed gains across most of the market. Lower oil prices hel
Samvardhana Motherson profit jumps 54% on strong auto demand
Samvardhana Motherson's adjusted profit rose 53.9% in the June quarter as auto demand stayed strong. Revenue climbed 16.7%, helped by an 11%
SoftBank profit drops 18% but Intel stake drives big investment gains
SoftBank's first-quarter profit fell 18% to 347.3 billion yen, but a 1.86 trillion yen investment gain—led by Intel—helped it beat analyst e
Kokusai Electric raises outlook as AI chip demand drives 71% profit jump
Kokusai Electric posted a 71% jump in fiscal Q1 net income and raised its FY2027 outlook, citing strong demand tied to generative AI chips.
Henkel lifts 2026 sales outlook after strong first half
Henkel raised its 2026 organic sales growth outlook to 1.5%-3.5% after a solid first half. Adhesive Technologies led with 4.5% growth, while