By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Toho Pledges to Cut Over ¥50 Billion in Strategic Shareholdings by 2030
Toho, the Tokyo-based entertainment giant, plans to slash strategic shareholdings by over ¥50 billion by February 2030. The goal is to keep
Thames Water Says It Can Keep Going Until Late 2026, Warns of Nationalization Without Deal
Thames Water says it has enough cash to keep operating until late 2026, but warns that without a recapitalization deal it could still end up
Barratt Redrow Plans £386M Buyback Amid Flat House Prices and Rising Costs
Barratt Redrow is planning a £386 million share buyback through July 2027, signaling confidence despite challenging market conditions. The h
SBI Funds Management's $1.03 Billion IPO Fully Subscribed on Day Two
SBI Funds Management's $1.03 billion IPO was fully subscribed by its second day, thanks to anchor backing from BlackRock and sovereign wealt
China's Top Airlines Warn of Wider Losses as Jet Fuel Costs Surge
China's three biggest airlines warned first-half losses are widening as jet fuel prices jump. Air China, China Eastern, and China Southern e
Indian Bonds Rally as US Inflation Cools, Fed Rate Hike Odds Drop
Indian government bonds rallied after a cooler US inflation reading pushed Treasury yields lower and reduced expectations of further Fed rat
Intel Begins Using ASML's $400 Million High NA EUV Tool for Panther Lake Chips
Intel has begun using ASML's $400 million High NA EUV machine for limited production of Panther Lake chips. The move marks a key step in ado
Indian Stocks Rise as Financials Rebound Amid Earnings Season Kickoff
Indian stocks edged higher in early trading Wednesday, with financial firms leading the rebound as the June-quarter earnings season gets und
ASML Earnings: Why IBM's AI Wake-Up Call Raises the Bar for Chip Giant
ASML reports second-quarter earnings Wednesday with analysts expecting net profit to rise 8.8% to €2.61 billion. But after IBM's 25% slide o
China's Market Split Deepens as Investors Rotate Out of Chip Stocks
China's second-quarter growth miss barely moved mainland benchmarks, but the tech-heavy STAR 50 slid 3.7% as traders took profits ahead of C
Skellerup Lifts FY2026 Profit Outlook, But Jarden Downgrades on Valuation
Skellerup lifted its FY2026 profit outlook to NZ$64-65 million, driven by stronger US demand. But Jarden downgraded the stock to neutral, ar
Jarden: Genesis Deal Offers Vault Shareholders Superior Value Over Regis Plan
Jarden says Genesis Minerals' takeover of Vault is a better deal than the earlier Regis plan, with AU$2 billion in synergies and an unhedged