By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
US-China bond yield gap hits record 3.17 points, pulling capital West
US and Chinese 10-year bond yields are further apart than ever, with a record 3.17-point gap. That spread is pulling global capital toward U
UAE stocks diverge as oil tops $100 on Hormuz fears
UAE markets split on Wednesday as oil topped $100 a barrel and tensions near the Strait of Hormuz revived shipping concerns. Abu Dhabi close
Adani Ports CEO and CFO settle SEBI disclosure case for 1.37 million rupees each
India's markets regulator SEBI has closed its 2023 disclosure case against Adani Ports after its CEO and CFO each paid 1.37 million rupees t
US Tariff Reshuffle on Canada: Same Pain, Different Products
The US revised its Canada tariff package, removing some goods like toilet paper but adding others. BMO estimates the total affected trade re
BofA sees DEWA dividend rising 10% after 2026 payout framework ends
Bank of America predicts Dubai utility DEWA will lift its dividend 10% in 2027, to 6.8 billion dirhams, once its current payout framework en
Pound Holds Steady as Traders Await ECB Decision and Key Data
The pound held steady on Thursday as traders positioned for a likely ECB quarter-point rate hike and awaited US inflation and UK GDP data. C
OpenAI blocks rival AI ad tools in ChatGPT, catching Adobe off guard
OpenAI has quietly tightened ChatGPT's ad rules, blocking ads for rival image- and audio-generation tools. The move, which caught Adobe by s
Enbridge and Independence Realty lead busy week of US dealmaking
Enbridge agreed to buy Tallgrass Energy's crude oil business for $2.55 billion in cash, while Independence Realty Trust struck a $1.02 billi
UK 10-year gilt yields hit 5.295%, highest since 2007, as oil tops $100
UK 10-year government bond yields hit 5.295%, their highest since August 2007, as oil prices topped $100 a barrel and a £5 billion auction a
Singapore shares slip as oil prices stoke inflation fears
Singapore's benchmark STI slipped 0.7% on Thursday as rising oil prices stoked inflation concerns across Asia. DBS fell on a S$1.298 billion
Aerospace supplier deals near record as Boeing, Airbus stabilize
Aerospace suppliers are being acquired at a near-record pace, with 154 deals through August, as steadier Boeing and Airbus production plans
Grab Drivers in Vietnam Plan Weekend Boycott Over Fee Deductions
Grab drivers in Vietnam are calling for a weekend boycott, saying service-charge deductions introduced in July can take up to 50% of each fa