By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Korean Air Revenue Hits Record, But Fuel Costs Slash Profit 34%
Korean Air posted record second-quarter revenue of 5.02 trillion won, but operating profit dropped 34% as higher jet fuel costs ate into ear
China Stocks Tumble as US-Iran Tensions Threaten Strait of Hormuz Oil Flows
Chinese stocks slid sharply as renewed US-Iran hostilities put the Strait of Hormuz in focus. The Shanghai Composite fell 2.1% and the Shenz
Stellantis Q2 Shipments Surge 10% on North American Strength, Ram and Jeep Lead
Stellantis posted a 10% rise in second-quarter vehicle shipments, driven by a 38% surge in North America. The automaker's refreshed Ram and
Saipem-Subsea 7 Merger Faces Deeper EU Antitrust Probe, Risking Delays
The European Commission's preliminary review of the Saipem-Subsea 7 merger could shift to an in-depth probe, Reuters reports. This would del
NZX 50 Dips 0.45% as Hormuz Tensions, Fonterra Forecast, and Rate Hike Weigh
The S&P/NZX 50 dropped 0.45% as investors digested conflicting reports on Strait of Hormuz shipping, a softer dairy outlook from Fonterra, a
Berenberg Boosts De'Longhi 2026 Profit Forecast on Tariff Rebate and Strong Demand
Berenberg lifted its 2026 profit estimates for De'Longhi, citing strong demand for comfort products and a roughly €15 million rebate tied to
TCS Restructures US Operations and Launches New Business Units Amid AI Shift
Tata Consultancy Services is reorganizing its leadership and creating five new business groups, including a US West Coast unit and an expand
Gold Slips 1.5% as Oil Surge and Rate Hike Bets Reshape Market Dynamics
Gold dropped 1.5% to $4,059.11 as oil surged over 4% on Strait of Hormuz closure fears. Traders now see a 72% chance of a Fed rate hike in S
Gold Retailer EMCC Plans Move to Bursa Malaysia Main Market
Evergreen Max Cash Capital (EMCC) says it meets Securities Commission requirements to move from Bursa Malaysia's ACE Market to the Main Mark
Palm Oil Futures Jump to 4,541 Ringgit as Crude Surges on Gulf Tensions
Malaysian palm oil futures climbed to 4,541 ringgit a ton in early Monday trade. The rally was fueled by a jump in crude oil prices due to e
Hastings' Yangibana DFS Shows AU$649M NPV, Shares Rise 5%
Hastings Technology Metals' updated DFS for the Yangibana rare earths and niobium project in Western Australia points to a AU$649 million pr
TSMC Plans Three More Advanced Chip Packaging Plants in Taiwan
TSMC is doubling down on advanced chip packaging in Taiwan, planning three more facilities at Chiayi Science Park. The move builds on two si