Tag: markets
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South Korea’s biggest chipmaker SK Hynix plans to raise $29 billion via Nasdaq listing
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
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Defense stocks plummet after Germany to scrap warship plans; Rheinmetall stock down 13%
Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.
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Defense giant KNDS plans IPO in Paris and Frankfurt
KNDS plans to list shares in Paris and Frankfurt, with current shareholders expected to sell up to 20% of existing share capital.
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CNBC Daily Open: Trump takes on big oil
President Trump accuses energy companies of price “gouging” customers by keeping oil prices at the pump higher.
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CNBC Daily Open: Tech rout, MSCI moves on Indonesia and South Korea in focus
Global sell-off in tech stocks continues to rattle markets which spilled over to precious metals amid worries of higher interest rates.
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Asian tech stocks rebound after global rout; Samsung up 9%
Asia’s technology stocks rebounded on Wednesday after global equities posted steep losses in the previous session.
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Why FedEx is down after a strong quarter — and its impact on our stock rating
We knew this report would be transitional, even messy, given the separation of FedEx Freight.
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MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
The review comes amid hopes that Seoul could be included in MSCI’s Developed Markets watchlist.
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The biggest wealth transfer in history is here: how the next generation will spend the trillions
The greatest wealth transfer is underway, and heirs around the world who are set to inherit billions are preparing to use the money very differently from the generations that built it.
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S&P 500 futures tick higher as traders look to recover from tech-led sell-off: Live updates
A rout in chipmaker names, including Micron, weighed the S&P 500 and Nasdaq Composite lower on Tuesday.
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