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SK Hynix shares extended losses to 10%; Samsung Electronics shares fell nearly 7%.

2026-07-16

SK Hynix shares extended losses to 10%; Samsung Electronics shares fell nearly 7%.

Other News
2026-07-15

The Bank of Canada held its policy rate at 2.25% on Wednesday for a sixth straight meeting, in line with market expectations. The BOC said the economy is showing signs of recovery after a weak year and that oil-driven inflationary pressure is easing.

The Bank of Canada held its policy rate at 2.25% on Wednesday for a sixth straight meeting, in line with market expectations. The BOC said the economy is showing signs of recovery after a weak year and that oil-driven inflationary pressure is easing. It judged current borrowing-costs appropriate to support the recovery and return inflation to its 2% target, while remaining prepared to adjust policy as needed. In its monetary policy report the BOC projected annualized GDP growth of 2.5% in Q2 and 1.5% in Q3. Officials cut their 2026 growth outlook sharply to 0.7% due to weak early-year activity but raised 2027 and 2028 forecasts to 1.8% each. The bank now expects average inflation of 2.5% in 2026 (previously 2.3%) and for inflation to return to 2% in early next year.
2026-07-16

CENTCOM said on July 15 local time US forces enforcing a maritime blockade in the Arabian Gulf disabled a commercial tanker attempting to sail to Kharg Island. The Curaçao-flagged M/T Belma, operating in international waters, ignored repeated warning

CENTCOM said on July 15 local time US forces enforcing a maritime blockade in the Arabian Gulf disabled a commercial tanker attempting to sail to Kharg Island. The Curaçao-flagged M/T Belma, operating in international waters, ignored repeated warnings and attempted to breach the US blockade. A US aircraft fired a Hellfire missile at the ship’s funnel, rendering it unable to navigate and halting its voyage to Iran. CENTCOM said that since the blockade was resumed at 1600 ET on July 14, US forces guided two cooperating merchant vessels to change course within the first 24 hours and disabled one non‑compliant ship. US forces will remain on alert to ensure the blockade is enforced.
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