By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Palm Oil Futures Slide as Weaker Soyoil Prices in China and US Weigh on Market
Malaysian palm oil futures dropped for a second straight session, with the benchmark October contract falling to 4,604 ringgit per ton. The
Oil Surge Past $92.50 Pressures Indian Rupee, RBI Seen Defending 96.50 Level
Brent crude climbed past $92.50 a barrel as US-Iran strikes continued, putting India's rupee under renewed pressure. Traders expect the Rese
GigaDevice Shifts 500 Million Yuan to DRAM R&D Center After Share Placement Revision
GigaDevice is reallocating 500 million yuan from its recent share placement to fund a DRAM R&D center at subsidiary Zhuhai Hengqin Xincun Se
Mastermyne Tops FY2026 Targets with Strong Second Half, AU$432M Order Book
Mastermyne Group posted preliminary revenue of AU$237.7 million and underlying EBITDA of AU$20.3 million for FY2026, beating its own targets
India's FMCG Giants Face Margin Squeeze as Input Costs Outpace Price Hikes
India's top consumer staples companies are heading into quarterly earnings with profit margins squeezed. Rising costs for palm oil and crude
Asian Stocks Rally as Chipmakers Rebound, Oil Hits $91.55 on Red Sea Risks
Asian stocks climbed as chipmakers rebounded, led by South Korea's Kospi jumping over 6%. MSCI's Asia-Pacific index rose 1.2% even as Brent
China Tech Firms Raise $27.5 Billion in Hong Kong This Year, Led by AI and Chip Companies
Chinese tech companies have raised HK$214.39 billion (about $27.5 billion) in Hong Kong this year, according to a Reuters tally. AI, chip, a
Nike Tightens Grip on China Online Sales, Cuts Third-Party Sellers
Nike is pulling back third-party online selling in China, steering shoppers to its official stores on Tmall, JD.com, Douyin, and its own app
Grupo Mexico's Q2 Profit Surges 79% on Soaring Copper Prices
Grupo Mexico's second-quarter net profit soared 79% to $2.20 billion, fueled by a 30.5% year-on-year surge in copper prices. The results hig
Novo Resources Hits High-Grade Silver and Antimony at Wyloo SE, Expands Toolunga Land Package
Novo Resources has released initial drilling results from its Wyloo SE project in Western Australia, with the first holes hitting 9 meters o
MSCI Caps Single-Stock Weight at 25% in US Value Index to Curb Concentration Risk
MSCI is capping single-stock exposure in its US value index to prevent any one company from dominating returns. The temporary 25% limit take
Citi Bullish on Sugar, Bearish on Arabica Coffee, Neutral on Cocoa Amid El Niño Uncertainty
Citi kept its sugar price targets at 17-19 cents per pound, remains bearish on arabica coffee even with a near-record Brazil harvest, and mo