Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Shein's Hong Kong IPO order book fully covered, raising up to $1.8B
Shein's Hong Kong IPO is fully covered, with demand matching the $1.8 billion deal. The fast-fashion giant could be valued at up to $27 bill
Eiffage and Saint-Gobain expand with new European and Latin American projects
Eiffage has landed a €162 million share of contracts to build waste-to-energy plants in France, while Saint-Gobain is expanding in Peru and
Shein's Hong Kong IPO finally set for September 1 at a fraction of its peak value
After years of delays, Shein is finally set to go public in Hong Kong on September 1, at a valuation far below its peak. Meanwhile, Nvidia i
Hyundai and union near wage deal after strikes cost billions
Hyundai Motor and its labor union have reached a tentative wage agreement after strikes disrupted production. The deal includes a base pay i
India's BSE500 AGM Diary: Apollo, FSN, REC Shareholder Meetings on August 25
India's BSE500 index companies are holding annual general meetings on August 25, with Apollo Hospitals, FSN E-Commerce, and REC among the na
SK Hynix workers narrowly reject wage deal over stock bonus shift
Workers at South Korean chipmaker SK Hynix narrowly rejected a tentative wage deal, with 50.08% of union voters opposing the pact. The main
Westgold's Meekatharra expansion targets 47,000 extra ounces with nine-month payback
Westgold Resources is weighing a AU$100 million expansion of its Meekatharra processing hub in Western Australia. The project could lift cap
SkyCity rejects two takeover bids, says offers undervalue casino
SkyCity Entertainment has rejected two takeover approaches made in May, including one from Oaktree Capital. The New Zealand casino operator
Santana Minerals seeks 10-day delay in Bendigo-Ophir gold fast-track approval
Santana Minerals has requested a 10-day delay in the fast-track approval process for its Bendigo-Ophir gold project. The move gives an exper
Metals Royalty doubles Minnesota iron ore royalty to 2%
Metals Royalty doubled its royalty on a Minnesota iron ore project to 2%, paying with $140M of 8% convertible notes and a $25M loan. The dea
Chip stocks drag Nasdaq lower as Washington targets AI data centers
Chip stocks dragged the Nasdaq lower Monday as Washington lawmakers began pushing back on power-hungry AI data centers. Nvidia fell 2.9%, Mi
Polestar says US Commerce Department is blocking its car sales from 2027
Polestar claims the US Commerce Department will bar it from selling cars in the US starting with model year 2027, even as Volvo keeps sellin