By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
FTSE 100 slips as oil near six-week highs and US rate hike odds climb
The FTSE 100 slipped 0.1% as oil prices stayed near six-week highs and US rate hike expectations firmed. Energy giants BP and Shell rose, bu
Singapore stocks dip 0.2% as steady local data offsets strong US jobs
Singapore stocks slipped 0.2% even after strong US jobs data cooled rate-hike bets. Local retail sales rose 1.5% year-on-year in July, and f
RBC lifts B&M target to £2.75, sees turnaround gaining traction
RBC Capital Markets lifted its price target on B&M European Value Retail to £2.75 from £2.40, citing a UK pricing survey that points to a tu
AI chip rally lifts South Korea and Taiwan stocks to multi-month high
AI excitement lifted South Korea and Taiwan stocks to a multi-month high, led by chip giants SK Hynix and TSMC. Meanwhile, the Philippine pe
Pekat Group wins RM57.2m Johor Bahru lightning protection deals
Pekat Group has secured three subcontracts in Johor Bahru worth RM57.2 million to design and install earthing and lightning protection syste
South Africa's markets open week with reserves, foreign flows, T-bill auction in focus
South African markets kick off the week with three key local signals: August foreign-exchange reserves, foreign trading data, and a Treasury
Spire Healthcare accepts £1.03bn buyout from private equity consortium
Spire Healthcare has accepted a £1.03 billion buyout from a consortium of private equity funds. The deal shows UK dealmaking continues even
India's alternative-fuel cars outsell petrol for first time in August
India's car buyers shifted gears in August, with alternative-fuel models like CNG, hybrids, and EVs taking 42% of sales, just ahead of petro
Copper slips as strong US jobs data revive Fed rate hike bets
Copper prices slipped as strong US jobs data boosted expectations for a September Fed rate hike, even as physical supply tightens outside th
Yuan hits fresh high but PBOC's soft fixing signals a ceiling
The yuan touched its strongest level since February 2023, but the PBOC set a daily fixing far weaker than markets expected. That signals Bei
Palm oil climbs for second day as crude rally lifts biodiesel demand
Palm oil futures in Malaysia rose for a second straight session, with the benchmark November contract up 0.59% to 4,958 ringgit a ton. Firme
Nikkei jumps 2.28% as chip stocks lead Tokyo higher
Japan's Nikkei jumped 2.28% as chip stocks led the rally, with Advantest and Tokyo Electron among the biggest gainers. Banks and gaming shar