The manager of the largest leveraged exchange-traded fund tracking SK Hynix Inc. pushed back against claims that the $10 billion product is adding to volatility in the South Korean chipmaker’s shares. Wang Yi , chief investment officer of CSOP Asset Management Ltd., said the Hong Kong-listed ETF’s trading has shown little correlation with swings in SK Hynix’s stock. He said CSOP’s analysis found o...
The manager of the largest leveraged exchange-traded fund tracking SK Hynix Inc. pushed back against claims that the $10 billion product is adding to volatility in the South Korean chipmaker’s shares. Wang Yi , chief investment officer of CSOP Asset Management Ltd., said the Hong Kong-listed ETF’s trading has shown little correlation with swings in SK Hynix’s stock. He said CSOP’s analysis found only a limited impact from the fund’s daily rebalancing, even during some of the stock’s most volatile sessions this year. His comments come as leveraged single-stock ETFs tied to major Korean chipmakers face growing scrutiny. South Korea launched a wave of leveraged ETFs tied to SK Hynix and Samsung Electronics Co. last month, following the rapid growth of CSOP’s product. The funds can amplify gains for investors, but they have also raised concerns that their end-of-day rebalancing trades may be worsening swings in individual stocks and the broader Korean equity market. CSOP’s SK Hynix leveraged ETF rapidly became the world’s largest product of its kind after its October debut. As assets surged to about $10 billion in late May, some traders at Wall Street banks began pointing to the fund’s rebalancing flows as a possible driver of outsized moves in SK Hynix shares and Korean stocks overall. Wang said his fund’s trades had little impact even during the oil shock in March when the underlying stock was moving by more than 10%. “During our rebalancing period, it moved less than 0.3% even with other potential contributing factors,” he added. “There is no evidence to suggest that we are pushing the market significantly out of range, dumping trading volume into the market, or moving the share price much higher or much lower,” Wang said. READ: SK Hynix Leveraged ETP Surge to $10 Billion AUM to Spur Launches The Kospi index, up more than 160% in the past year — has continued to gyrate in tandem with the turbulence affecting artificial intelligence-tied stocks, triggering frequent ex...
Computer accessory maker Logitech International SA announced a sleek wireless travel mouse aimed at professionals and Gen Z, with a unique folding design meant to fit in a pocket. The $80 Mobi Fold — a play on the word “mobile” — was designed to be used in places like cafes, airport lounges and hotel lobbies. In a statement Wednesday, Logitech said it sees the product serving a large potential mar...
Computer accessory maker Logitech International SA announced a sleek wireless travel mouse aimed at professionals and Gen Z, with a unique folding design meant to fit in a pocket. The $80 Mobi Fold — a play on the word “mobile” — was designed to be used in places like cafes, airport lounges and hotel lobbies. In a statement Wednesday, Logitech said it sees the product serving a large potential market: the vast majority of workers who don’t use a mouse when working in public. It’s available now, including through the TikTok Shop in the US. The Mobi Fold’s design resembles the similarly priced Surface Arc mouse from Microsoft Corp., though that device flattens down instead of folding in half. Logitech’s model also has a built-in battery that can be recharged over USB-C, whereas Microsoft’s requires AAA alkaline batteries. Unfolding it automatically powers it on, and collapsing it will turn the device off to conserve battery. The Mobi Fold can last for as long as 30 days on a full battery, and Logitech claims a one-minute charge can restore 22 hours of usage. You can pair the mouse with up to three devices via Bluetooth or with Logitech’s wireless USB receiver, making it easy to switch between a laptop, tablet and smartphone. The Mobi Fold could also appeal to owners of foldable phones, as those devices can unfurl to about the size of a tablet, making a standalone mouse more appealing. Logitech claims the mouse’s hinge has been tested to withstand 15 years of daily use and says the design provides a 22% reduction in muscle strain compared with a laptop trackpad. It can be used with Windows, Mac, Android and iOS/iPadOS devices, though Logitech’s Options+ software, which lets you customize settings like pointer and scrolling speed, is only available for PCs and Macs. Over a few days of testing the Mobi Fold, it has worked fine with a MacBook Pro, but scrolling on an iPad Pro with the middle touchpad can sometimes be jittery and less pleasant than the trackpad on Apple’s ...
Governments are borrowing from syndicated bond markets at a record clip as public spending surges. Sovereign issuers have sold $504 billion of debt so far this year, according to data compiled by Bloomberg. That’s more than in the first half of 2020, when nations were paying to support their economies during Covid-19 lockdowns. Budget deficits have been climbing since the global financial crisis. ...
Governments are borrowing from syndicated bond markets at a record clip as public spending surges. Sovereign issuers have sold $504 billion of debt so far this year, according to data compiled by Bloomberg. That’s more than in the first half of 2020, when nations were paying to support their economies during Covid-19 lockdowns. Budget deficits have been climbing since the global financial crisis. They spiked during the pandemic, when interest rates were slashed to record lows, and are widening again as governments boost defense spending and try to protect households from price shocks driven by the Iran war. Aging populations and rising interest rates are adding to the pressure. “The main driver of the supply is basically increased public spending, and thus bigger funding needs,” said Jens Peter Sorensen , chief analyst at Danske Bank AS, pointing to greater outlays on the military, infrastructure and transition to cleaner energy. Germany and other nations are setting aside hundreds of billions of euros for weapons and ammunition, and the European Union has relaxed its rules to allow extra spending on defense and energy initiatives that curb consumption of fossil fuels. The sums raised from syndications are dwarfed by those sold at regular government auctions, not least because the US Treasury only uses the latter to issue bonds. But hiring banks to sell offerings to investors is popular elsewhere, particularly in Europe. It can be a less risky option when markets are volatile, and give debt managers greater control over when to sell. Italy Leads Again For eight of the last 10 years, Italy has been the biggest borrower in the market for sovereign syndications. It is leading again in 2026, having already raised nearly €70 billion ($81 billion) in the first six months, according to data compiled by Bloomberg. Read More: Schroders Shuns Treasuries and Bunds in Favor of Italian Debt Germany, which rewrote its fiscal rules to splurge on defense and infrastructure, has rai...
The Mobi Fold feels like a full-sized mouse when opened and includes a touch panel for scrolling. Logitech finally announced its new ultraportable travel mouse following leaked marketing images that spoiled the surprise last month . As the name implies, the Mobi Fold is a compact mouse that can fold in half using a hinge that can pivot about 130 degrees. At $79.99 in graphite, off-white, lilac, an...
The Mobi Fold feels like a full-sized mouse when opened and includes a touch panel for scrolling. Logitech finally announced its new ultraportable travel mouse following leaked marketing images that spoiled the surprise last month . As the name implies, the Mobi Fold is a compact mouse that can fold in half using a hinge that can pivot about 130 degrees. At $79.99 in graphite, off-white, lilac, and sand color options, the Mobi Fold isn’t Logitech’s lightest or cheapest mouse, but it’s definitely one of its smallest and a well-featured alternative to your laptop’s trackpad if you can get used to some unconventional ergonomics. The arch-shaped Mobi Fold looks similar to other folding devices, like the Surface Arc mouse . But while Microsoft’s design folds flat, making it thinner and easier to slip into a pocket or bag, the Mobi Fold is more like a clamshell cellphone. And even though it doesn’t snap shut with a satisfying clunk, it feels durable. Logitech says the hinge was “tested to withstand 15 years of daily use.” That hinge, along with more than half the mouse, is wrapped in a silicone skin that improves grip while semi-protecting it from drops. Where it covers the hinge you’ll find a pleated design that expands and stretches when the mouse is folded in half, so there’s no risk of pinching. At 79 grams the Mobi Fold is a few grams heavier than Logitech’s Pebble Mouse 2 and the bare-bones M196 that I’ve been recently traveling with. When folded, the mouse is a little over three-quarters of an inch tall and about 2.6×2.5 inches in size, making it feel seriously compact. It reminds me of some wireless earbud cases, but a bit thinner. Logitech claims the Mobi Fold’s rechargeable battery will power the mouse for up to one month on a full charge, while a 1-minute quick charge will keep it going for up to 22 hours. It’s getting a global release. which means we can probably thank recent EU regulations for a removable cover on the underside allowing that rechargeable batt...
Football and sleep deprivation walk hand-in-hand in Australia. We’ve tried every approach viewers in the UK and Europe are now contemplating for this year’s tournament Two years ago, as I was preparing for the birth of my firstchild, a friend offered me some sage advice. There were many sleepless nights ahead. That was a certainty. But there was a silver lining: European football. I’ve been a foot...
Football and sleep deprivation walk hand-in-hand in Australia. We’ve tried every approach viewers in the UK and Europe are now contemplating for this year’s tournament Two years ago, as I was preparing for the birth of my firstchild, a friend offered me some sage advice. There were many sleepless nights ahead. That was a certainty. But there was a silver lining: European football. I’ve been a football fan for as long as I can remember. But never in my life have I gorged so much. I managed every minute of Liverpool’s title-winning Premier League campaign. That was just for starters. Continue reading...
The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of course Really? You want to destroy a million jobs? Vote Reform UK for mass unemployment: is that your pitch? Hammer these questions home whenever you meet a supporter of the party. Or, for that matter, a Conservative, as their party now takes a...
The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of course Really? You want to destroy a million jobs? Vote Reform UK for mass unemployment: is that your pitch? Hammer these questions home whenever you meet a supporter of the party. Or, for that matter, a Conservative, as their party now takes an almost identical line. The figures are stark . They were compiled not by Just Stop Oil or the Green party, but by that bastion of conservatism, the Confederation of British Industry. They show that the net zero economy now directly employs more than 300,000 full-time workers, while supporting the jobs of 1.1 million. The net zero sector is worth £100bn to the UK already, and is likely to grow by hundreds of billions more. The rest of the green economy directly employs a further 600,000. Continue reading...
Football’s staying home for the belt-tightening Beeb, while ITV and Gary Lineker’s popular podcast present from glitzy studios in New York It is the biggest World Cup in history, and perhaps the most unpredictable. How will England and Scotland fare in the heat? Who drew Curaçao in the office sweepstake? And, crucially, will anyone notice that the BBC is broadcasting this giant sporting spectacle ...
Football’s staying home for the belt-tightening Beeb, while ITV and Gary Lineker’s popular podcast present from glitzy studios in New York It is the biggest World Cup in history, and perhaps the most unpredictable. How will England and Scotland fare in the heat? Who drew Curaçao in the office sweepstake? And, crucially, will anyone notice that the BBC is broadcasting this giant sporting spectacle from 4,000 miles away in Salford? Continue reading...
The musician first visited Aldeburgh as a teenage fanboy. Now, he is at the centre of this year’s festival as its featured artist – and he’s opening with his favourite opera Ryan Wigglesworth cuts a confident figure striding through the Royal Academy of Music in London. He’s been a professor here since 2019 – juggling his duties with his role as chief conductor of the BBC Scottish Symphony Orchest...
The musician first visited Aldeburgh as a teenage fanboy. Now, he is at the centre of this year’s festival as its featured artist – and he’s opening with his favourite opera Ryan Wigglesworth cuts a confident figure striding through the Royal Academy of Music in London. He’s been a professor here since 2019 – juggling his duties with his role as chief conductor of the BBC Scottish Symphony Orchestra, guest conducting internationally, regular recitals as a pianist, and a busy schedule as a composer. Oh, and he’s also the father of three “boisterous” young children, whose sleepless antics have left him bleary and clutching his coffee this morning. He sits at the head of the long table in the Academy’s oak-panelled boardroom, looking perfectly at home. Was he inevitably going to end up here? Continue reading...
England supporters face paying inflation-busting £95 for an adult shirt as the tournament begins in the US Fans of World Cup teams kitted out by Nike face the highest costs if they want to buy a replica shirt before the tournament kicks off this week amid a “striking” overall increase in prices. Alongside the official match versions, which are retailing for as much as €160, manufacturers typically...
England supporters face paying inflation-busting £95 for an adult shirt as the tournament begins in the US Fans of World Cup teams kitted out by Nike face the highest costs if they want to buy a replica shirt before the tournament kicks off this week amid a “striking” overall increase in prices. Alongside the official match versions, which are retailing for as much as €160, manufacturers typically make “stadium”, or replica, versions aimed at supporters. Continue reading...
Sébastian Desabre’s group has a clear collective identity but star forward Yoane Wissa will shoulder huge expectations This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on...
Sébastian Desabre’s group has a clear collective identity but star forward Yoane Wissa will shoulder huge expectations This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. Continue reading...
Plus: a national first for Madrid and have Everton supplied the most former managers to World Cup 2026? Mail us with your all of your questions and answers “The opening match of the year’s World Cup is Mexico v South Africa,” notes Matt Reilly. “This was also the first game of South Africa’s World Cup in 2010. Is this the first time that an opening match of a World Cup has featured the same two te...
Plus: a national first for Madrid and have Everton supplied the most former managers to World Cup 2026? Mail us with your all of your questions and answers “The opening match of the year’s World Cup is Mexico v South Africa,” notes Matt Reilly. “This was also the first game of South Africa’s World Cup in 2010. Is this the first time that an opening match of a World Cup has featured the same two teams as a previous tournament? If not, what is the most common opening fixture of a World Cup?” The hosts South Africa drew 1-1 with Mexico in the opening game of the 2010 edition. Siphiwe Tshabalala put them ahead with a spectacular goal before Rafael Márquez scored a 79th-minute equaliser. The two sides will meet again at the Azteca on Thursday. 1950 Brazil 4-0 Mexico Ademir 2, Jair, Baltazar 1954 Brazil 5-0 Mexico Baltazar, Didi, Pinga 2, Julinho 1962 Brazil 2-0 Mexico Zagallo, Pelé Continue reading...