By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Volkswagen Board Faces July 9 Showdown Over Plant Closures and Job Cuts
Volkswagen's top supervisory board committee meets July 9 in Wolfsburg to weigh CEO Oliver Blume's turnaround plan, which includes up to fou
China's Auto Sales Slump Continues as Exports Surge 82% in June
China's passenger vehicle sales fell for the ninth consecutive month in June, dropping 23.4% year-over-year. Exports surged 82.1% as automak
Jet2 Reports 7.1% Rise in Summer Bookings Despite Later Holiday Decisions
Jet2 reports a 7.1% increase in booked summer passengers, despite Middle East tensions causing travelers to delay bookings. The trend reflec
South Korean AI Chip Startup Rebellions Plans Home IPO Before US Listing
Rebellions, a South Korean AI chip startup, plans to list shares at home in the first half of next year. It may later use American Depositar
South Korea's KOSPI Enters Bear Market as AI Chip Doubts and Leveraged ETFs Fuel Selloff
South Korea's KOSPI dropped more than 5% this week, entering a bear market as chipmakers like Samsung Electronics and SK Hynix sold off on d
Eurozone Bond Yields Rise as Oil Surge Fuels Inflation Fears After US-Iran Strikes
Eurozone bond yields rose as Brent crude jumped about 3% to $76.50 after US-Iran strikes. Germany's 10-year yield hit 3.034%, and traders no
IG Group to Create Jersey Holding Company, Keeps London Listing and 2026 Outlook
IG Group is restructuring with a new Jersey holding company, keeping its London listing and UK tax status. The move aims to boost financial
Safaricom CEO Selection Power Shifts to Majority Owner Vodacom in July Vote
Safaricom investors will decide July 31 whether to let Vodafone Kenya nominate the CEO, now that its owner Vodacom holds 55% of shares. The
Dollar Holds Near One-Week High as US-Iran Tensions Fuel Risk-Off Mood; NZ Dollar Jumps on RBNZ Rate Hike
The US dollar held near a one-week high as escalating US-Iran tensions pushed traders toward safe havens. Meanwhile, the New Zealand dollar
Summerset Q2 Sales Hold Steady, NZ Build Target Trimmed to 600-650 Homes
Summerset sold 448 occupation rights in Q2, matching recent trends. The retirement-village operator also trimmed its 2026 NZ build target to
Palm Oil Edges Up as Crude Rally and MPOB Report Loom Over Market
Malaysian palm oil futures edged higher as crude oil and rival edible oils gained on Middle East tensions. Traders now await the Malaysian P
Asia Stocks Split: South Korea Tumbles 6.1%, Singapore Hits Record on Bank Gains
South Korea's KOSPI slid 6.1% and triggered a trading halt, while Singapore's STI set another record led by banks. Indonesia faces a potenti