By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Japan's Aluminum Premiums Hit Decade High at $395/Ton Despite Easing Supply Fears
Japanese aluminum buyers have agreed to pay a $395-per-metric-ton premium over the LME cash price for July-September shipments, the highest
Adani Enterprises Expands Institutional Share Sale to $1.8 Billion After Strong Demand
Adani Enterprises increased its institutional share sale by 50% to 150 billion rupees after strong demand from global and domestic investors
Hong Kong SFC Tightens IPO Bookbuilding Rules After Demand Concerns
Hong Kong's securities regulator is demanding remediation plans from banks after finding evidence that some IPO demand was propped up by iss
Euro Zone Bond Yields Rise as Curve Steepens, Long-End Risks Grow
Euro zone bond yields edged higher this week, with Germany's 10-year bund rising to about 2.92% while the 2-year sat near 2.51%. The steepen
BofA Raises DHL 2026 Profit Forecast on Air Freight Pricing Power
Bank of America sees DHL Group benefiting from tight air-freight capacity well into 2026. The bank raised its 2026 profit forecast and sugge
Spanish Stocks Open July with CEO Shakeup, Airport Plans, and Wind Deal Buzz
Spanish stocks kick off July with corporate news: Endesa's CEO reshuffle, Aena's airport capacity plans, and potential buyers circling Accio
Dollar Slips as June Jobs Report Cools Fed Rate Hike Expectations
A cooler June US jobs report sent the dollar sliding as traders dialed back expectations for another Federal Reserve rate hike. The euro ros
Rand Gains as US Jobs Miss Weakens Dollar, Local Data in Focus
South Africa's rand firmed as the dollar slipped after weaker-than-expected US hiring data. Local traders are also eyeing a PMI release and
Brazilian Critical Minerals Unveils 20-Year Rare Earth Plan for Ema Project
Brazilian Critical Minerals released a feasibility study for its Ema rare earth project in Brazil, outlining a 20-year plan with low initial
Proton's Best First Half in 15 Years Driven by Surging EV Sales
Proton posted its strongest first-half sales in 15 years, with 100,346 vehicles sold from January to June. Deliveries of its e.MAS electrifi
Yuan Heads for First Weekly Gain in Three Weeks as US Jobs Data Weakens Dollar
China's yuan is set for its first weekly gain in three weeks after a weaker-than-expected US jobs report pushed back expectations for Federa
Kuaishou's Kling AI Unit Attracts Up to $2.8B from Tencent, Alibaba Backers
Kuaishou's AI unit, Beijing Kling, is set to receive up to 20.5 billion yuan from Tencent-linked backers and Alibaba's AliCloud. The deal co