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Federal Reserve's Williams: The direction of monetary policy depends on data and risks.
2026-07-07
Federal Reserve's Williams: The direction of monetary policy depends on data and risks.
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2026-07-07
UBS recommends buying the SK Hynix ADRs planned for a US listing and shorting the company’s Korean-listed shares, arguing the new ADR could trade at a premium. UBS says ADRs are more efficient and cheaper for hedge funds and some global portfolio man
UBS recommends buying the SK Hynix ADRs planned for a US listing and shorting the company’s Korean-listed shares, arguing the new ADR could trade at a premium. UBS says ADRs are more efficient and cheaper for hedge funds and some global portfolio managers who do not hold the Korean stock may instead buy the ADR. The bank views a day-one long-ADR/short-local-stock trade as an obvious, scalable strategy with limited risk and a low probability of an ADR discount.
2026-07-07
Sources said a Saudi-flagged crude oil tanker was damaged near the Strait of Hormuz off Oman; earlier an LNG tanker in the same area was attacked.
Sources said a Saudi-flagged crude oil tanker was damaged near the Strait of Hormuz off Oman; earlier an LNG tanker in the same area was attacked.
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