SK Hynix Shares Tumble on Double Downgrade at Morgan Stanley
Shares of SK Hynix Inc. plunged, leading peers lower, after Morgan Stanley cut its rating on the Korean memory chipmaker two notches on its fading pricing power.
Shares of SK Hynix Inc. plunged, leading peers lower, after Morgan Stanley cut its rating on the Korean memory chipmaker two notches on its fading pricing power.
Kamala Harris plans to meet with Ukrainian President Volodomyr Zelenskiy in Washington next week, according to a person familiar with the matter, as the Democratic nominee tries to broaden her foreign policy profile.
Donald Trump said he plans to visit two towns that have become flashpoints in the national debate over immigration and the center of unfounded conspiracy theories the former president has promoted about migrants.
China Development Bank Financial Leasing Co. agreed to buy 50 Boeing Co. 737 Max jets, the company’s second major order in as many weeks as it adds newer, more fuel-efficient planes to its fleet.
Nintendo Co. filed a patent infringement lawsuit against Tokyo-based Pocketpair Inc., the maker of hit game Palworld, seeking an injunction and compensation for damages.
A 10-year-old Japanese schoolboy who was stabbed in southern China has died, Japan’s national broadcaster NHK reported, a development that could further strain relations between the two countries.
The Fed cut interest rates Wednesday by half a percentage point. On today’s Big Take podcast, what that means for the economy — and everyday consumers.
Taiwan’s central bank is poised to announce the level for its benchmark interest rate and potentially unveil measures to rein in property prices.
The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe.
US lawmakers are signaling to China that the world’s second-largest economy and its companies face a tough slog in America for the foreseeable future, regardless of who controls Washington after the November election.
An attempted rocket launch by Rocket Lab USA Inc. in New Zealand on Thursday ended with the company aborting the mission on the launchpad after the countdown reached zero.
Ampere Computing LLC, the semiconductor startup backed by Larry Ellison’s Oracle Corp., is exploring a potential sale, according to people with knowledge of the matter.
German state-owned gas company SEFE is looking to expand its supply base before being privatized later this decade, according to Chief Executive Officer Egbert Laege.
New Zealand faces another recession after the economy contracted in the second quarter, albeit less than economists and the central bank expected.
Oil slipped for a second session as signs of weak US demand offset a steep interest rate cut from the Federal Reserve and escalating tensions in the Middle East.
Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of the US economy as risks to the labor market mount, marking an end to their single-minded focus on quashing inflation.