By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
New Zealand Stocks Dip as Wall Street Chip Sell-Off and Weak Housing Data Weigh
The S&P/NZX 50 slipped 0.21% as a sharp drop in US semiconductor stocks rippled into Asian markets. New Zealand housing data added to the ca
Spain's AI Gigafactory Gets Telefonica, ACS, Santander Backing in Public-Private Push
Spain is launching a public-private partnership to build an AI gigafactory, with Telefonica, ACS, and Santander each taking a 15.67% stake.
FTSE 100 Set for Higher Open as Oil Eases, BoE Governor Dampens Rate Cut Hopes
The FTSE 100 is poised for a slightly higher open as falling oil prices ease inflation concerns. However, Bank of England Governor Andrew Ba
Indian Stocks Edge Higher as Falling Oil Prices and IT Rebound Lift Sentiment
Indian stocks edged higher as Brent crude fell below $71 on positive US-Iran talks, easing import cost fears. IT shares also rebounded after
Aluminum Prices Rise as Global Factory Surveys Show Resilience
Aluminum prices edged higher after factory surveys from China, Europe, and the US suggested manufacturing is holding up. The metal, used wid
Singapore's Foundation Healthcare Targets SG$242M IPO on SGX Mainboard
Foundation Healthcare Holdings aims to raise about SG$242 million through a mainboard IPO on the Singapore Exchange. The company priced 162.
Meta Turns AI Costs into Revenue as Anthropic's Fable 5 Gets Green Light
Meta may have found a way to turn its massive AI spending into a revenue stream. Meanwhile, Anthropic's Fable 5 AI model is set for release
Native Mineral Resources Secures AU$3.5M Convertible Funding from Lind Global
Native Mineral Resources has secured AU$3.5 million in convertible funding from Lind Global Fund III. The 24-month facility converts at AU$0
Jefferies: WA Lithium Shipments Likely Beat Q4 Estimates, But Caution Warranted
Jefferies notes that shipping data from Western Australian ports suggests lithium miners Pilbara Minerals and Mineral Resources beat Q4 ship
Indian Rupee Gains Briefly as Brent Crude Dips Below $71, But Traders See Downside Risk
The Indian rupee edged higher on Thursday as Brent crude slipped below $71 a barrel, offering a temporary breather. However, traders expect
Wheat Futures Edge Higher as USDA and Canada Report Smaller-Than-Expected Plantings
Corn, soybeans, and wheat ticked higher ahead of a US holiday weekend after USDA data revealed fewer-than-expected wheat acres in both the U
Rubber Prices Slide as China Auto Sales Forecast Slashed and Oil Hits Lows
Japanese rubber futures declined as China's car sales forecast was slashed to an 11% drop this year and oil prices fell to their lowest sinc