By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Exor's 2026 EPS gets one-off Iveco boost, 2027 outlook trimmed
Analysts raised Exor's 2026 EPS forecast to €3.79 after a one-off Iveco payout, but trimmed 2027 to €2.17 as recurring dividends ease. The s
South Africa's rand firms as dollar slips; PMI and earnings in focus
The rand is firmer after a softer US dollar, with traders eyeing South Africa's S&P PMI and results from Impala Platinum and Aspen Pharmacar
Malaysia hires aviation consultant to review AirAsia's $1B funding plan
Malaysia's finance ministry has hired Alton Aviation Consultancy to review AirAsia's funding strategy as the budget carrier seeks up to $1 b
FTSE 100 set for flat open as oil slips and gold climbs on US-Iran fears
The FTSE 100 is expected to open nearly flat as oil slips and gold gains on renewed US-Iran tensions. Investors are also weighing tighter re
African markets eye US data as oil slips and Uber exits Nigeria
African markets are watching US data and Fed signals for direction as oil prices slip. Ghana's inflation rose to 5.0% in August, while Uber
Yuan hits strongest level since Feb 2023 as dollar stays soft
China's onshore yuan hit its strongest level since February 2023 after the central bank set a firmer daily midpoint fix. The dollar remained
Unitree shares halve after debut surge but still trade at 118x sales
Unitree's shares have fallen sharply from their post-IPO peak, but the stock still trades at a lofty 118 times sales. Meanwhile, a new forec
Hisense-backed Ligent plans Hong Kong IPO to raise about $800M
Ligent Technologies, an optical gear maker controlled by Hisense, is lining up a Hong Kong IPO that could raise about $800 million. The comp
India bond yields split as oil near $95 and central bank inflows clash
India's bond market is being pulled in two directions. Long-term yields are held up by Brent crude near $95 and a US 10-year Treasury close
MaxiPARTS shares jump 28% on Ares' AU$2.50 takeover bid
MaxiPARTS shares jumped 28% after Ares Management made a conditional AU$2.50-per-share takeover offer. The truck-parts supplier has signed a
Ionic Rare Earths and US Strategic Metals plan $100M Missouri recycling JV
Ionic Rare Earths and US Strategic Metals have signed a non-binding term sheet for a 50-50 joint venture to recycle rare-earth magnets at a
ANZ commodity index slips 0.4% in August as beef, butter weigh
ANZ's commodity gauge slipped 0.4% in August as beef and butter prices weakened, even as aluminum rose 3.1% and skim milk powder extended it