By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Yen slips and Japan bond yields jump after shaky auction
The yen eased and Japan's 10-year bond yield jumped after a shaky auction, even as rare Tokyo-Washington currency support fades. Investors a
Oil rebound and reform news steer African markets
Oil prices bounced 1% as the US-Iran standoff continued, while Nigeria pushed gas and insurance overhauls and Mali eyed mining revenue for i
India's Nifty 50 slips after closing-auction jump; LIC drops 8% on stake sale
India's Nifty 50 opened lower after a new closing auction caused a sharp last-minute jump on Monday. Separately, LIC dropped 8% after the go
Transurban's NSW Toll Deal Seen as Net Neutral by Jefferies
Jefferies analysts view Transurban's toll reform agreement with NSW as a wash for shareholders. The state will keep existing concessions and
India launches another LIC stake sale to lift public float
India's government has kicked off another stake sale in Life Insurance Corp., offering 2.5% of shares now and keeping the option to sell up
Korea's stock bounce fades as AI and chip worries resurface
Seoul's market gave up an early rally as chip giants Samsung and SK Hynix dropped over 3% each. Investors are questioning whether big cloud
Indra's order book doubles, signaling years of defense work ahead
Indra Sistemas' half-year results showed a standout number: a €20.5 billion order book, double last year's and nearly triple expected revenu
Grab lifts 2026 revenue outlook, unveils $750M buyback
Grab raised its 2026 revenue forecast to $4.10-4.15 billion and announced a $750 million share buyback. The ride-hailing and delivery firm's
SBA Communications raises 2026 outlook as carriers keep spending on 5G
SBA Communications topped second-quarter expectations and nudged its 2026 revenue outlook higher, as major U.S. carriers continue upgrading
Cygnus clears takeover hurdle as Australian panel declines challenge
Cygnus Metals says a key obstacle to its takeover of Central Asia Metals has eased after Australia's Takeovers Panel declined to hear a chal
Mexico's miners plan $6.4B investment rebound in 2026
Mexico's mining industry expects investment to rebound in 2026, with the sector's main group forecasting $6.4 billion in spending. That's up
A. O. Smith trims 2026 outlook after soft first half
A. O. Smith tightened its 2026 revenue and adjusted EPS guidance after a soft first half. Oppenheimer flagged near-term earnings risk but ke