By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Dollar edges higher as traders await key US data and central bank meetings
The dollar firmed against major peers Tuesday as traders positioned ahead of key US data releases. August ISM manufacturing and July job ope
Sterling slips as UK 10-year gilt yields hit highest since 2008
Sterling slipped to $1.35395 as UK 10-year gilt yields hit 5.2554%, their highest since 2008. Investors are weighing the new government's Oc
SB Energy's IPO puts AI data center boom to the test
SB Energy's IPO filing shows the AI data center buildout is costly: revenue jumped 66.4% but losses hit $3.21B. Nvidia's $1.5B pledge signal
TSX futures slip 0.5% as yields climb, metals fall; oil cushions
S&P/TSX futures slipped 0.5% as bond yields climbed and gold and silver prices fell. Oil's 1.9% rise provided some support, but the commodit
Dormakaba to buy out Mankel family's 47.5% operating stake in $2.4B deal
Dormakaba is buying out the Mankel family's 47.5% stake in its operating business for 2.13 billion Swiss francs. The deal aims to simplify t
Veritas Capital outbids CVC for Bodycote in £1.85 billion deal
Veritas Capital has won the bidding for Bodycote with a £1.85 billion offer, beating rival CVC. The 940 pence-per-share deal represents a 34
European stocks slide as oil and gas prices push bond yields higher
European stocks slipped to a more than one-week low as oil and gas prices jumped and traders leaned toward another ECB rate hike. Rising bon
VinFast pauses India EV production plans to reassess costs
VinFast has asked suppliers to pause work on locally made VF3, VF6, and VF7 EVs in India while it reassesses costs. The move casts doubt on
Shein's Hong Kong IPO puts reclusive founder Sky Xu in the spotlight
Shein's Hong Kong IPO debut put founder Sky Xu in the spotlight, though he kept a low profile. The fast-fashion giant's valuation has fallen
WT Microelectronics plans $940M raise via share sale and convertible bonds
WT Microelectronics is marketing a two-part raise of up to $940 million: a discounted global depositary share sale and zero-coupon convertib
Rubber prices slip as China's car lots keep filling
Rubber prices slipped across Asia after China's auto-dealer inventory gauge jumped again, hinting that car lots are filling faster than vehi
Oil above $90 and rising yields hit Southeast Asian stocks
Southeast Asian stocks fell, led by Singapore and Malaysia, as Middle East tensions pushed oil above $90 a barrel and global bond yields cli