By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
French Deal Spree: KKR's $4.2B Renewables Buy and CMA CGM's $1.4B FedEx Talks
French companies and investors stayed busy this week with two major deals: KKR's $4.2 billion purchase of EDF's North American renewables an
China Stocks Rise as Factory Data Extends Seven-Month Run, Boosting Xi's Growth Narrative
China's stock markets rose after a business survey showed factory activity expanded for a seventh straight month in June, supporting Preside
Asia's Big Investors Stress-Test AI Costs, Private Credit Risks, and Indonesia's Fiscal Credibility
Fitch Ratings says Asian institutional investors are stress-testing three key areas: AI infrastructure costs and worker displacement, transp
China's Top Phone Makers Slash 2026 Shipment Targets as Component Costs Bite
China's biggest smartphone brands are cutting 2026 shipment targets as parts get tighter and costs rise. Xiaomi slashed its target by 30% to
Terra Metals Drilling Links Sulfide Zones at Dante Project, Stock Dips 4%
Terra Metals says new drill results at its Dante project in Western Australia connect the SW5 and SW6 zones, suggesting a continuous platinu
KOSPI Drops 2% as Foreign Investors Cash Out of Chip Stocks Despite Record AI-Driven Exports
South Korean shares slid more than 2% as overseas investors took profits in chip giants Samsung and SK Hynix. The selloff came despite recor
Singapore Stocks Rise as Oil Posts Steepest Quarterly Drop Since 2020 on US-Iran Ceasefire
Singapore stocks opened higher as oil prices tumbled, with Brent crude logging its steepest quarterly decline since the first quarter of 202
Kawasaki Heavy Weighs $1.23 Billion Fundraise via Shares and Convertible Bonds
Kawasaki Heavy Industries is considering a 200 billion yen ($1.23 billion) fundraise through new shares and convertible bonds. The Japanese
ANA and JAL Set Record Fuel Surcharges for July and August Flights
ANA and JAL plan to hike fuel surcharges to record highs for July and August, with Europe-bound tickets adding 65,000 yen and Hawaii about 4
Coles in Early Talks with TPG to Acquire Pet Care Giant Greencross for A$4 Billion
Coles Group is in early talks with private equity firm TPG to acquire Greencross, a major Australian pet care and veterinary operator. The d
Bending Spoons Raises $1.68B in Rare Tech IPO, Prices Above Range at $29
Italian software roll-up Bending Spoons priced its US IPO at $29 a share, above the $26-28 range, raising $1.68 billion. The company, known
ASX Set to Open Higher as Wall Street Gains Offset Middle East Jitters and Soft Home Data
Australian stocks are expected to open higher on Wednesday, buoyed by a strong session on Wall Street. Investors are balancing Middle East c