UK Summons Chinese Ambassador Over Spying Allegation

SK Hynix's US Offering Reportedly Seven Times Oversubscribed The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand. The report said SK Hynix is selling 177.9 million American depositary receipts, with each ADR...

Holy Grail In Cancer Treatment? Moderna Erupts After Melanoma Vaccine Late-Stage Trial Success Moderna's shares soared as much as 83% in premarket trading in New York after its personalized cancer vaccine, developed in collaboration with Merck & Co., reduced the risk of melanoma returning in a large, late-stage trial. The result marks the first positive Phase 3 trial for a personalized cancer vaccine by any company.  The study met its primary endpoint by showing that the cancer vaccine, called intismeran autogene, combined with Merck's blockbuster immunotherapy Keytruda, improved recurrence-free survival compared...

Ready For War? New B-21 Raider Activity Spotted Over Mojave Desert There has been increased activity of the B-21 Raider stealth bomber, suggesting the Department of War is on an accelerated path to bring the next-generation bomber platform into service, with the USAF targeting an operational date in 2027. Earlier this month, plane spotters appeared to capture the highly secretive B-21 refueling behind a KC-135R tanker over the Mojave Desert. Nice! You spotted the new baby B-2, the B-21 Raider! Bet you took that photo in Kern County, California 🤠 https://t.co/8gAWbP3xvS pic.twitter.com/zM7uVAIwJU — Cody...