By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Jollibee chooses Hong Kong over US for international spin-off listing
Jollibee Foods has picked Hong Kong for the stock-market debut of its overseas business, scrapping earlier plans for a US listing. The move
Hyundai union approves 2026 wage deal with 65 retirement age
Hyundai Motor's union voted to accept a new 2026 wage agreement that raises monthly base pay by 100,000 won, adds hefty bonuses, and extends
Zinc hits highest since May 2022 as overseas supply tightens
Zinc prices hit their highest level since May 2022 as overseas inventories shrank and smelters struggled to secure raw materials. The supply
Japan seeks record ¥7.8 trillion for chips and AI push
Japan's industry ministry has requested ¥7.8 trillion for chip and AI support, exceeding this year's entire budget. The government sees AI a
Oil above $90 pushes global bond yields to fresh highs
Oil's surge above $90 is reigniting inflation fears, pushing global bond yields higher. The US 10-year Treasury yield neared 4.78% as invest
KKR-backed Wella files for NYSE IPO as revenue hits $2.94 billion
Wella Company, the KKR-backed maker of OPI nail polish, has filed for an IPO on the New York Stock Exchange. The company reported $2.94 bill
Alset AI Ventures posts quarterly profit on C$4.1M portfolio gain
Alset AI Ventures reported a fiscal third-quarter profit, helped by a C$4.1 million revaluation of its investment portfolio and a 60% drop i
TSX slips 0.8% as traders lock in gains ahead of September
Canada's main stock index slipped 0.8% as traders locked in gains before September. Industrials and metal miners led the decline, while ener
Elliott pressures Air Liquide to close 9-point margin gap with Linde
Activist investor Elliott has reportedly taken a stake in Air Liquide and is pressing the €108bn industrial-gases group to lift profitabilit
Oil and yields climb as US-Iran tensions rattle stocks
US stocks slipped Monday as renewed US-Iran attacks pushed oil prices and Treasury yields higher. Tesla climbed, while two California utilit
Coffee surplus forecast intact, but late bean arrivals keep prices firm
Rabobank still expects a large coffee surplus next season, but export delays in Brazil and Colombia are keeping exchange-monitored arabica i
Herbalife shares plunge 11% as CEO Gratziani to step down
Herbalife's stock dropped more than 11% after CEO Stephan Gratziani said he will step down on Oct. 31. The company reaffirmed its Q3 and ful