Typhoon Bavi, the ninth of the year, weakened from super typhoon to strong typhoon overnight. At 05:00 on the 10th its center was over the northwest Pacific about 830 km southeast of Keelung, Taiwan (20.4°N, 128.0°E); maximum winds near the center were force 14. China's Central Meteorological Observatory at 06:00 maintained an orange typhoon warning.

People familiar with the matter said SK Hynix has told investors it plans to price its U.S. ADR offering at $149 per ADR, implying roughly a 3.1% premium to the Korean ordinary share's Thursday close. SEC filings show each ADR represents one-tenth of an ordinary share. At $149 per ADR the deal would raise about $26.5 bln and would be the largest U.S. IPO by a foreign company on record. Discussions are ongoing and details could change; a SK Hynix spokesperson did not respond to requests for comment.

The Information reports Cursor is developing an AI agent aimed at competing with Claude Cowork.