By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Chip and AI Rally Fuels 4.3% Jump in Hong Kong Tech Index
Hong Kong and Chinese tech stocks rallied sharply as investors snapped up cheaper chip and AI shares. The Hang Seng Tech Index surged 4.3%,
Indian Stocks Fall as Oil Surge on US-Iran Tensions Hits Import Costs
The Nifty 50 fell 0.64% and the Sensex dropped 0.65% as Brent crude surged 2.7% to $76.2 a barrel. The spike, triggered by US military actio
Gold Wobbles as Oil Surge and Stronger Dollar Fuel Inflation Fears Ahead of Fed Minutes
Gold wobbled in Asia as US strikes on Iran pushed oil prices higher and strengthened the dollar, stoking inflation fears. Traders are now fo
RBNZ Rate Hike Ends Three-Year Pause, Sinking NZ and Australian Stocks
The Reserve Bank of New Zealand lifted its benchmark rate by 25 basis points to 2.50%, its first hike in three years. The move rattled marke
Momenta's Hong Kong IPO Opens Nearly Flat as Lock-Up Wave Dampens AI Tech Debut
Momenta Global's Hong Kong IPO raised HK$5.89 billion but opened nearly flat, reflecting cautious sentiment amid a wave of lock-up expiratio
Indian Stocks Set for Lower Open as Oil Surge on US-Iran Tensions Hits Import Costs
Indian stocks are expected to open lower after US-Iran tensions drove Brent crude toward $76 a barrel. As a major oil importer, India faces
Japan's Nikkei Falls 0.72% as Chip Stocks Slump on AI Rally Doubts
Japan's Nikkei 225 fell 0.72% in choppy trading, led by chip stocks that tracked a Nasdaq overnight drop. The move reflects growing investor
Adairs Sales Rise 3.7% but Profit Slips as Focus on Furniture Impairment Hits
Adairs expects FY2026 sales to rise to AU$640-641.5 million, but underlying EBIT slips to AU$53.5-55.5 million. A AU$62-68 million non-cash
Singapore Stocks Flat as AI Rally Doubts and Fed Minutes Loom
Singapore stocks opened nearly unchanged Wednesday after a Nasdaq-led decline raised fresh questions about the AI trade's staying power. Inv