By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
China stocks edge up as inflation data sends mixed signals on demand
China's mainland stocks edged higher while Hong Kong slipped after August inflation data showed price gains driven by energy and commodities
Uber's first euro bond sale targets €4 billion
Uber is tapping Europe's bond market for the first time with a five-part euro debt sale that could raise about €4 billion. The deal spans ma
Sanofi's turnaround is credible, but catalysts are scarce until 2027
RBC Capital Markets initiated coverage on Sanofi with a 'sector perform' rating, calling the turnaround credible but noting a light catalyst
Goodwin in advanced talks to sell defense unit to Cerberus for £1.1bn
Goodwin, a UK engineer, is in advanced talks to sell defense-linked parts of its Mechanical Engineering division to Cerberus for £1.1 billio
Nikkei slips as oil nears $100 on Middle East attacks, US inflation in focus
The Nikkei fell 0.2% as Middle East attacks pushed Brent crude toward $100 a barrel. Investors are watching US inflation data for signals on
Indian bonds caught between rising oil and record cash pile
Indian government bonds slipped as oil prices climbed, but a record 11.16 trillion rupees in banking liquidity cushioned the fall. Here's ho
DeepSeek hires CITIC Securities to prepare for Shanghai STAR Market IPO
DeepSeek, the Hangzhou-based AI startup, has tapped CITIC Securities to prepare for a Shanghai STAR Market IPO. The move signals a push for
Inditex sales rise 9% in August; Indra exits Irish rail deal
Zara owner Inditex posted 9% currency-adjusted sales growth in August, beating expectations. Meanwhile, Indra is negotiating to exit a €32 m
Sammaan Capital seeks 10 billion rupees in bond sale at 9.05%-9.10%
Sammaan Capital, an Indian non-banking financial company, is raising 10 billion rupees via bonds. The 3- and 5-year notes are priced around
Rupiah hits four-month high but Indonesia still needs $11bn inflows
Indonesia's rupiah touched a four-month high at 17,535 per dollar as the US dollar weakened and foreign inflows picked up. Yet economists ca
Adani airport unit raises $1 billion from Temasek and BlackRock at $18 billion valuation
Adani Enterprises' airport arm is raising about $1 billion from a group of investors including Temasek and BlackRock. The deal values Adani
India's NSE targets up to $53 billion valuation in long-awaited IPO
India's National Stock Exchange is reportedly planning an IPO at 1,700-1,785 rupees per share, valuing the exchange at up to 4.4 trillion ru