SK Hynix Inc.’s US offering is more than seven times oversubscribed, according to people familiar with the matter, underscoring strong investor appetite despite recent volatility in the Korean memory chipmaker’s shares. Bloomberg's Neil Campling has more. (Source: Bloomberg)
SK Hynix Inc.’s US offering is more than seven times oversubscribed, according to people familiar with the matter, underscoring strong investor appetite despite recent volatility in the Korean memory chipmaker’s shares. Bloomberg's Neil Campling has more. (Source: Bloomberg)
Why are global investors so bearish on the yen? There are good reasons Japan’s currency should be gaining in value. Last month, the Bank of Japan (BOJ) raised interest rates to a 31-year high of 1 per cent and signalled it would continue increasing borrowing costs. Bond markets are currently pricing in a nearly 90 per cent probability of another increase by December. Nominal wages in Japan have ri...
Why are global investors so bearish on the yen? There are good reasons Japan’s currency should be gaining in value. Last month, the Bank of Japan (BOJ) raised interest rates to a 31-year high of 1 per cent and signalled it would continue increasing borrowing costs. Bond markets are currently pricing in a nearly 90 per cent probability of another increase by December. Nominal wages in Japan have risen by more than 3 per cent for four straight months, the longest streak since 1992. Moreover, the...
Thailand and Malaysia have resolved a seafood trade dispute, paving the way for fishery trade between the two countries to return to normal soon, their leaders said. Thai Prime Minister Anutin Charnvirakul , before a joint briefing with Malaysian Prime Minister Anwar Ibrahim in Kuala Lumpur, said the two countries’ agriculture ministries had reached an “amicable solution” on market-access issues i...
Thailand and Malaysia have resolved a seafood trade dispute, paving the way for fishery trade between the two countries to return to normal soon, their leaders said. Thai Prime Minister Anutin Charnvirakul , before a joint briefing with Malaysian Prime Minister Anwar Ibrahim in Kuala Lumpur, said the two countries’ agriculture ministries had reached an “amicable solution” on market-access issues involving fishery products. Anwar, for his part, said the dispute had been resolved through commitments from both ministers. A memorandum would take effect within a week, he said. The agreement comes after weeks of disrupted seafood trade between the neighboring countries. Thailand had stepped up testing of Malaysian seabass shipments at a key border crossing after authorities detected chemical and antibiotic residue. The additional checks slowed customs clearance and caused spoilage, prompting Malaysian exporters to complain. Malaysia later suspended imports of five Thai shrimp species, effectively cutting off a market worth more than $10 million a year for Thai exporters. The shrimp industry accounts for about a fifth of Thailand’s seafood exports. In the first four months of 2026, Thailand shipped more than $5 million of shrimp to Malaysia. While both sides said the dispute has been settled, they did not specify when fishery trade between the two countries would fully return to normal. Both nations also signed a broader memorandum of understanding on agricultural cooperation, covering areas including trade facilitation, biosecurity and sanitary and phytosanitary measures, Malaysia’s agriculture ministry said in a statement. Anutin said Malaysia remains Thailand’s largest trading partner in the Asean regional bloc, with trade between the two countries at about $28 billion. He said both sides are confident they will reach their $30 billion bilateral trade target “very soon,” and that a joint trade committee will meet to set a new and more ambitious goal.