By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Electra's nickel refinery plan advances as Nasdaq grants reprieve
Electra Battery Materials released early engineering results for its nickel refinery, showing potential recoveries above 97% for nickel and
Reliance leads busy day in India's bond market with ₹125 billion issue
India's bond market saw a flurry of activity as Reliance Industries issued a ₹125 billion 5-year bond, with Canara Bank and several housing
BofA keeps underperform on Saudi Kayan on valuation, debt, shipping costs
BofA Global Research has reiterated its underperform rating on Saudi Kayan Petrochemical, flagging an expensive stock and heavy debt load. T
Kazakhstan's copper output slips 1.7% in first eight months
Kazakhstan's refined copper output slipped 1.7% year-on-year in January–August to 312,284 tonnes, with zinc and gold also posting double-dig
Dollar holds firm as Fed rate decision and US data loom
The dollar is holding firm as traders await the Federal Reserve's rate decision, with a 25-basis-point hike widely expected. US retail sales
Hong Kong expands offshore yuan tools and gold clearing to cement finance hub role
Hong Kong is adding new market infrastructure to boost offshore yuan activity and commodities trading. Plans include a seven-day yuan liquid
Canadian stocks edge higher as oil and bond yields take a breather
Canadian stocks are set to open slightly higher as oil prices and bond yields cool off. Investors are waiting for the Federal Reserve's next
Oil cools below $108 as bond yields ease from 5% threshold
Brent crude fell below $108 a barrel while 10-year Treasury yields eased under 5%, as investors balanced Middle East supply worries against
Starbucks weighs Japan stake sale; Grab buys Atome in $4.5B deal
Starbucks is considering selling a majority stake in its Japan operations at a $3B valuation, while Grab has agreed to acquire buy now, pay
Hero Motors' $104M IPO fully subscribed on day one, led by retail investors
Hero Motors' $104.2 million IPO was fully subscribed on its first day, powered by retail investors. Institutional participation was minimal,
Kotak Mahindra Prime plans ₹8 billion bond sale with reissues and new note
Kotak Mahindra Prime is tapping the bond market for up to ₹8 billion, reissuing two 2028 bonds and selling a new near-3-year note at a 7.936
NHTSA asks Tesla to explain how its Cybercab can be driven by humans
US auto-safety regulator NHTSA is pressing Tesla to explain how its steering wheel-free Cybercab robotaxi can be driven by a human, with ans