Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17%

SK Hynix Evacuates Thousands Of Workers At Chip Plant After Fire, Toxic Gas Leak One week, unions are threatening labor action at memory giant Samsung. The next, SK Hynix suffers an industrial accident. Together, the events highlight just how fragile the global memory supply chain has become at a time when AI data center buildouts have already pushed memory chip supply into extraordinarily tight territory. South Korea's main national wire service, Yonhap News Agency, reports that SK Hynix, the world's second-largest DRAM producer, evacuated about 3,600 workers from its Cheongju semiconductor...

Secretary of State Marco Rubio said the Strait of Hormuz must be treated as an international waterway, and Iran is not allowed to charge ships tolls or fees.  “It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway. That’s existing international law,” Rubio said Tuesday.  The status of […]

Israel has informed the Lebanese government that Lebanon’s civilian infrastructure will be “hit hard” if Hezbollah in any way takes part in the apparently upcoming US-Iran War. Lebanese officials have urged Hezbollah not to do so, since the war “does not concern us.” The twin hopes are that Hezbollah will stay out of the war, […]