By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Anthropic weighs new AI model launch ahead of IPO as OpenAI gains ground
Amazon-backed Anthropic is weighing a new AI model launch ahead of its planned IPO, after Reuters reported pressure from OpenAI's GPT-6 Astr
KOSPI jumps 1.65% as oil eases and Samsung breaks ground on HVAC line
The KOSPI rose 1.65% as oil eased for a fourth session on Middle East diplomacy hopes, while Samsung gained nearly 5% after breaking ground
ASX CEO Anthony Attia reshuffles top team to fix CHESS and outages
Less than a month into the job, ASX CEO Anthony Attia has reshuffled senior roles as the exchange works to replace its aging CHESS system an
Ferrovial's new plan could boost dividends from US toll roads
Spain's Ferrovial is preparing a 2027-2029 strategy that could raise shareholder payouts, fueled by its North American managed-lane toll roa
FTSE 100 futures point higher as oil and gold ease on Iran diplomacy hopes
After a rough week, London's FTSE 100 looks set for a steadier start, with futures pointing to a 0.3% rise. Oil and gold slipped as investor
Kinwong's Hong Kong IPO targets HK$5.1 billion with strong cornerstone backing
Shenzhen Kinwong Electronic has opened its Hong Kong IPO, aiming to raise up to HK$5.1 billion. The PCB maker has secured $310 million in co
Rupee opens soft as oil stays above $100, RBI seen steadying
India's rupee is expected to open soft around 95.90-95.95 per dollar as oil prices stay above $100 a barrel. Traders are betting on RBI inte
Direct Drive Tech launches HK$1.08 billion Hong Kong IPO
Direct Drive Tech, a China-based robotics firm, has launched a Hong Kong IPO to raise up to HK$1.08 billion. The company is selling 50 milli
Samsung and SK Hynix lead KOSPI jump as chip exports hit record
South Korean stocks jumped Monday, led by chipmakers Samsung and SK Hynix, after US semiconductor shares rose and early-month exports hit a
EQT rejects TPG and BGH bids as too low, opens books to both
EQT Holdings has told suitors TPG and BGH that their indicative offers undervalue its Equity Trustees arm. Still, the board is letting both
Bellevue Gold's rich drill hits mask shrinking resource
Bellevue Gold flagged standout drill hits like 9.3 meters at 62.1 g/t, yet its total resource fell to 2.7 million ounces. The company plans
Gold slips as global rate hikes dim its appeal
Gold slipped 0.2% in early Asian trading as fresh Middle East tensions and a Bank of Japan policy move reinforced expectations for higher in