By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
ASX 200 edges up 0.1% as banks and energy lift, but rate hike odds weigh
The S&P/ASX 200 rose 0.1% on Monday, ending a slide, helped by banks and energy stocks. But with markets pricing in an 80% chance of an RBA
Berenberg upgrades Antofagasta to buy on copper pullback
Berenberg has upgraded Chilean copper miner Antofagasta to buy from hold, saying copper's recent pullback creates a better entry point. The
ASML's $400M High NA chip tools sell out as AI demand surges
ASML says its EUV lithography machines are effectively sold out through 2027, and chipmakers are already committing to next-gen High NA syst
China's data regulator sets standards for robot training data
China's data regulator is moving to standardize the data that powers embodied intelligence in robots. The push follows a Sept. 10 symposium
Oil spike and firm dollar hit emerging Asia currencies, AI stocks
Oil's jump and a firmer dollar are pressuring emerging Asian currencies, with the Philippine peso hitting a record low. Meanwhile, South Kor
AI stocks slide as top labs urge slower rollout, OpenAI rules out IPO
AI-related stocks slid in Asia after leading model makers called for a slower, safer rollout. OpenAI's Sam Altman also said the company won'
Yuan hits strongest level since Feb 2023 as PBOC nudges fix higher
The yuan reached its strongest level since February 2023 after the PBOC set a firmer daily reference rate. Investors are watching for policy
KOSPI falls 2% as AI safety warnings hit chip stocks
South Korean stocks slid 2.01% after AI executives called for a slower pace of development, pressuring chip heavyweights. The won edged stro
Samsung and SK Hynix reject KEPCO's $18.7B power prepayment plan
Samsung and SK Hynix have rejected KEPCO's proposal for a 25 trillion won upfront payment to secure electricity for new chip plants. The chi
Nikkei slides 1.6% as AI leaders signal slower development
Japan's Nikkei 225 dropped 1.61% after AI leaders signaled a more cautious development pace, dragging down SoftBank and other tech names. Me
Australian shares set to rise as oil jumps on Middle East supply fears
Australian shares are set to open higher as oil prices jump on fresh Middle East supply fears. Attacks by Houthi and Iranian forces, plus a
Charter Hall's Abacus stake hike signals takeover interest
Charter Hall has increased its stake in property group Abacus to just over 7%, following a 22% share price slide. The move suggests Charter