By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
RBC Maintains Glencore as Top Pick After Adjusting Coal Price Forecasts
RBC Capital Markets has refreshed its coal pricing model for Glencore ahead of key updates, but holds firm on its 'outperform' rating and 6-
Sterling Hits One-Year High vs Euro as Yen Rally and Soft Inflation Data Shake Markets
Sterling jumped to a one-year high against the euro and also gained on the dollar after a sharp yen rally and softer euro zone inflation dat
Malaysian Palm Oil Futures Drop Over 1% as Output Rises, Exports Lag
Malaysian palm oil futures dropped over 1% as rising output and weak exports weighed on prices. Traders are now focused on the upcoming MPOB
Apple Plans Five New iPhones, Including Foldable, Despite Memory Shortage Risks
Apple is reportedly expanding its iPhone lineup to five models, including a foldable, and has asked suppliers to reserve parts for 80 millio
Airbus Delivery Pace Surges, Analysts Boost 2026 Forecast Ahead of Half-Year Report
MWB Research estimates Airbus delivered 87 jets in June, setting Q2 up for a record 235 aircraft. The analyst firm raised its 2026 delivery
Singapore Stocks Rise 1.1% as US-Iran Talks Continue; Real Estate Deals Boost Sentiment
Singapore stocks rose 1.1% on Thursday as signs that US-Iran discussions will continue eased geopolitical concerns. Real estate names also g
Bain, KKR, and KV Asia Vie for Minority Stake in Malaysian Hospital Group Avisena
Three global private equity firms are competing for a minority stake in Malaysian hospital operator Avisena Healthcare. Binding bids are due
Microsoft Joins Singtel, Tata to Build India-Singapore Subsea Cable for AI Boom
Microsoft has joined Singtel and Tata Communications to build the I-2SEA subsea cable connecting India's east coast to Singapore and Malaysi
BofA: Airbus Q2 Deliveries on Track, July 29 Update May Reveal €10B Profit Target
Bank of America says Airbus' second-quarter deliveries are back on track at 215-220 aircraft, a clear step up from last year. The bank also
Hong Kong Retail Sales Extend Winning Streak to 13 Months on Tourism Boost
Hong Kong's retail sales rose 7.9% year-on-year in May, the 13th consecutive monthly gain. Visitor arrivals climbed 9.5%, and spending on je
Bajaj Finance Seeks Up to 70 Billion Rupees in AAA Bond Sale with Greenshoe Option
Bajaj Finance is tapping the bond market for up to 70 billion rupees, offering AAA-rated notes in 3-year-3-month and 10-year maturities. A g
OpenAI Proposes 5% Government Stake in Leading US AI Developers
OpenAI CEO Sam Altman has proposed that the US government take a 5% equity stake in leading American AI developers. The plan, reported by th