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SK Hynix said Baillie Gifford Overseas Limited, a Coatue-managed fund and Situational Awareness Partners LP have indicated intent to purchase up to $7 bln of the company's ADRs.

2026-07-06

SK Hynix said Baillie Gifford Overseas Limited, a Coatue-managed fund and Situational Awareness Partners LP have indicated intent to purchase up to $7 bln of the company's ADRs.

Other News
2026-07-06

Asia's loan market showed no rebound entering H2, with APAC excluding Japan loan issuance in USD, EUR and JPY down 15% YoY to $69.0 billion in H1 — the weakest first half in 16 years. Bankers say spillovers from the Iran war have delayed investment a

Asia's loan market showed no rebound entering H2, with APAC excluding Japan loan issuance in USD, EUR and JPY down 15% YoY to $69.0 billion in H1 — the weakest first half in 16 years. Bankers say spillovers from the Iran war have delayed investment and deal activity and prompted tighter lender risk reviews, lengthening financing timelines. These headwinds could persist through the rest of the year, and competition may compress some loan spreads. BARCLAYS' head of Asia loan syndicate Andrew Ashman said: "With rising uncertainty, corporate confidence has weakened," adding that an expected M&A-driven pickup in loan volume has not materialised and geopolitical tensions may continue to affect future new loan activity.
2026-07-06

South Korea telecom operator KT said it will invest about 18 trillion won (~$11.8bn) to reposition as an AI-focused platform company. Under its AX platform strategy, KT plans to deploy 12 trillion won into cybersecurity, IT and network areas over the

South Korea telecom operator KT said it will invest about 18 trillion won (~$11.8bn) to reposition as an AI-focused platform company. Under its AX platform strategy, KT plans to deploy 12 trillion won into cybersecurity, IT and network areas over the next three years. The company said it will allocate 4 trillion won to upgrade network security and drive IT innovation, seek leadership in next‑generation networks including 6G and satellite communications, and improve existing network quality. KT will invest 5 trillion won to build AI data centers with a total capacity of 1 GW to support physical-AI and autonomous-driving low-latency, real-time inference, and 1 trillion won to add subsea cable capacity exceeding 90 Tbps.
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