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SK Hynix's US Offering Reportedly Seven Times Oversubscribed

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...
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Jun 8, 2026 / Tyler Durden
Researchers Identify World's Largest Scorpion That Roamed Earth 415 Million Years Ago
Researchers Identify World's Largest Scorpion That Roamed Earth 415 Million Years Ago Authored by Maria Mocerino via Interesting Engineering, The University of Manchester has discovered that the world's largest scorpion, which lived 415 million years ago, was hiding in the museum's collection for 150 years. Since the 1870s, researchers have debated the identity of the strange fossil remains lurking in the Manchester archives. They possessed tiny fragments recovered from sites in England and Wales that puzzled them, but they could not piece them together. Was it a large woodlouse-crustacean? Life reconstruction of Praearcturus...
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Jun 2, 2026 / Tyler Durden
Trump Slashes Tractor Tariffs In Bid To Revive Ag Belt Optimism
Trump Slashes Tractor Tariffs In Bid To Revive Ag Belt Optimism The Trump administration appears to be trying to inject new optimism across the nation's farm belt following the China meeting last month, during which Beijing committed to making billions of dollars of new purchases of U.S. agricultural goods. The White House's latest move is to reduce tariffs on tractors and combines, a policy shift aimed at easing cost pressures on farmers already squeezed by diesel, fertilizer, and machinery costs. Late Monday, President Trump signed a proclamation slashing tariffs on...
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Apr 13, 2026 / Tyler Durden
Master And Commander-In-Chief
Master And Commander-In-Chief By Benjamin Picton, senior market strategist at Rabobank April – 2026. The IRGC is master of the Strait of Hormuz. Only the American fleet stands before them. Oceans are now battlefields. Financial markets are back in a risk-off mood today following news over the weekend that US-Iran peace talks ended without agreement and a statement by CENTCOM that the United States will be initiating its own blockade of the Strait of Hormuz from today. President Trump took to Truth Social to say that he has instructed US forces to...
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