By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
EU Extends Tariff Suspension on US Goods Indefinitely in Boeing-Airbus Spat
EU member states have agreed to extend the suspension of retaliatory tariffs on US goods related to the Boeing-Airbus dispute indefinitely.
Wise Launches Record $500 Million Buyback After US Listing Shift
Wise has unveiled a $500 million share buyback, its biggest ever, alongside fiscal 2026 results. The cross-border payments firm will split r
China Blocks Brokers from Adding New Overseas Stock Exposure via Total Return Swaps
China's securities regulator told mainland brokerages to stop letting clients add new overseas stock exposure via total return swaps. The mo
Zalando Shares Drop 6% as BaFin Probes Disclosure in About You Deal
Zalando shares slid 6% after BaFin opened a review of its 2025 accounts over a possible disclosure slip related to its About You deal. The c
China's Onshore Tech IPO Pipeline Revives with 126 Billion Yuan in Filings
China's onshore tech IPO market is heating up as chip and AI firms file to raise at least 126.1 billion yuan. Regulators are easing the path
Volkswagen Weighs Up to 100,000 Job Cuts and Four German Plant Closures
Volkswagen is reportedly considering up to 100,000 job cuts and closing four German plants as part of a major restructuring. The plan could
South African Rand Holds Near 16.50 as High Bond Yield Offsets Commodity Slump
South Africa's rand held near 16.50 per US dollar on Friday, supported by high local bond yields even as gold and platinum prices slipped. T
Nikkei 225 Plunges 4.15% as AI Stock Frenzy Reverses Sharply
Japan's Nikkei 225 tumbled 4.15% on Friday after a US sell-off in AI-linked and semiconductor stocks spread to Asia. The drop highlights how
S&P Upgrades NEC to A- as IT Services Profitability Strengthens
S&P Global Ratings raised NEC's credit rating to A- from BBB+, reflecting stronger profitability in its IT services business. The agency exp
Heathrow Cuts 2026 Outlook as UK Markets Slide; Oil and Gold Head for Weekly Losses
Heathrow cut its 2026 passenger forecast and flagged profit pressure, sending FTSE 100 futures lower. Oil and gold headed for weekly losses,
Apple's Price Hikes on iPads and MacBooks Rattle Asian Tech Stocks
Asian stocks slipped as Apple raised iPad and MacBook prices to cover higher memory and storage chip costs, wiping $250 billion from its mar
NetEase Upgrades Hong Kong Listing Status as Trading Shifts East
NetEase is upgrading its Hong Kong shares from a secondary to a dual primary listing on June 30. The move follows an HKEX finding that over