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Newsroom · Equities Correspondent

By Marcus Devlin

Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.

3,852 published stories
Polymetals' Endeavor Mine Revenue Jumps to AU$45.8M on Higher Ore Output
Stocks

Polymetals' Endeavor Mine Revenue Jumps to AU$45.8M on Higher Ore Output

Polymetals Resources saw June quarter revenue at its Endeavor silver-zinc mine rise to AU$45.8 million, up from AU$27.8 million last quarter

China's CXMT Aims for $4.35 Billion Shanghai IPO, Potentially Asia's Largest This Year
Tech

China's CXMT Aims for $4.35 Billion Shanghai IPO, Potentially Asia's Largest This Year

ChangXin Memory Technologies (CXMT) has launched its IPO book-building to raise 29.5 billion yuan ($4.35 billion) ahead of a July 27 listing

Japan Earnings Season: Profits Lift Sansan and Sakata Seed, Money Forward Falls on Loss Guidance
Earnings

Japan Earnings Season: Profits Lift Sansan and Sakata Seed, Money Forward Falls on Loss Guidance

Sansan and Sakata Seed rose on full-year profits, while Money Forward fell after guiding to a loss. The market is rewarding clear profitabil

China's Iron Ore Imports Jump 15% in June to Six-Month High on Lower Prices and Stronger Shipments
Markets

China's Iron Ore Imports Jump 15% in June to Six-Month High on Lower Prices and Stronger Shipments

China's iron ore imports hit a six-month high in June, rising 15% from May to 112.69 million metric tons. Lower prices and increased shipmen

Rupee Under Pressure as Oil Hits $85.64 and US Yields Rise on Fed Hawkishness
Markets

Rupee Under Pressure as Oil Hits $85.64 and US Yields Rise on Fed Hawkishness

Brent crude rose to $85.64 a barrel and US Treasury yields hit 17-month highs after Fed Governor Christopher Waller signaled possible rate h

Volkswagen CEO Confirms 50,000 Additional Job Cuts Despite Board Pushback
Stocks

Volkswagen CEO Confirms 50,000 Additional Job Cuts Despite Board Pushback

Volkswagen CEO Oliver Blume has confirmed plans to cut 50,000 additional jobs, according to an internal memo. The move comes despite pushbac

New Zealand Dollar Jumps as RBNZ Official Signals Possible Rate Hike
Markets

New Zealand Dollar Jumps as RBNZ Official Signals Possible Rate Hike

The New Zealand dollar strengthened after a hawkish warning from RBNZ chief economist Paul Conway revived bets on another rate hike. Meanwhi

Genesis Minerals to Buy Vault Minerals, Creating Australia's Third-Largest Gold Producer
Stocks

Genesis Minerals to Buy Vault Minerals, Creating Australia's Third-Largest Gold Producer

Genesis Minerals has agreed to acquire Vault Minerals in a deal valued at about A$5.6 billion, creating Australia's third-largest gold produ

Oil Jumps 9.7% as Trump Reinstates Hormuz Blockade, Tech Stocks Slip
Markets

Oil Jumps 9.7% as Trump Reinstates Hormuz Blockade, Tech Stocks Slip

Oil prices spiked and US stocks fell after President Trump said the US is reinstating a naval blockade in the Strait of Hormuz and floated a

Jack Daniel's Maker Brown-Forman Begins CEO Search After Rejection of $15 Billion Takeover Bid
Stocks

Jack Daniel's Maker Brown-Forman Begins CEO Search After Rejection of $15 Billion Takeover Bid

Brown-Forman, the spirits company behind Jack Daniel's, has started a CEO search after Lawson Whiting announced his retirement. The transiti

S&P 500 Earnings Growth Target of 23.6% Sets High Bar as Bank Results and Oil Spike Loom
Earnings

S&P 500 Earnings Growth Target of 23.6% Sets High Bar as Bank Results and Oil Spike Loom

Wall Street heads into second-quarter earnings season with expectations at multi-quarter highs. Major banks report Tuesday, while rising oil

Thomson Reuters Cuts Engineering Roles, Plans 250+ AI Hires in Two-Year Shift
Tech

Thomson Reuters Cuts Engineering Roles, Plans 250+ AI Hires in Two-Year Shift

Thomson Reuters is cutting a small number of engineering roles as it pushes AI deeper into its products. The company plans more than 250 net