SK Hynix raises $26.5bn in US IPO, yet priced above Seoul shares
SK Hynix raised $26.5bn selling 177.9m ADRs at $149 in a US IPO, opening 14% higher and 2.7% above Seoul's 3-day average ahead of full Nasdaq listing.
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Finance — Page 2
Latest in Finance
Insurer's initial $600 payout revised to $10,000 after second inspection
Moneyist: insurer's under-$600 payout revised to $10,000 after contractor reports and a second adjuster. Practical steps homeowners should take now.
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Microsoft emissions rise 25% in 2025 amid AI buildout
Microsoft reported emissions rose 25% to 20 million tonnes as rapid AI data-centre expansion and a pause in some renewable credits raised energy use.
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Motley Fool Stock Advisor: $100 off one-year deal
Wired reported a one-year Motley Fool Stock Advisor deal cutting the fee from $199 to $99; two-year locks and a $200 Epic discount ran in May 2026.
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Cabinet Office flags 470 suspected social housing sublets
Cabinet Office checks with Airbnb flagged 470 suspected social housing sublets; Tenancy Fraud Forum says up to 6,000 homes may be affected in England.
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Amazon bars breastfeeding mum from fulfilment centre course
Amazon apologised after refusing entry to a breastfeeding entrepreneur's baby at a fulfilment-centre course, leaving her to miss key in-person networking.
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Trump memecoin left retail buyers $3.8bn underwater
$3.8bn in losses are tied to Trump memecoin, Nansen finds. 988,905 wallets were underwater at June 30, exposing retail losses and large insider payouts.
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Bunnie Xo says Jelly Roll gave her $6m Tennessee estate
Bunnie Xo says Jelly Roll handed her a roughly $6m Franklin, Tennessee estate in their split, according to her podcast and a Realtor.com listing with photos and specs.
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July streaming slate narrows, leaving viewers freer to churn
July's light streaming slate, reshaped by the World Cup final, is letting subscribers trim or pause services as platforms lean on catalogue drops.
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£500,000 fine after millions of 'lamb' kebabs were goat
Kismet Kebabs was fined £500,000 and ordered to pay £259,298 after tests found products labelled as lamb often contained goat, fat and skin in 2020-21.
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£44.7bn gap in US-UK drugs deal puts NHS at risk
BMJ analysis says the US-UK drugs deal could leave the NHS needing £44.7bn by 2036, despite the government's £1bn near-term estimate; ministers face fresh scrutiny.
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Wayve opens $85m staff tender at $8.5bn valuation
Wayve opened an $85m staff tender at an $8.5bn valuation, letting employees sell vested shares. Investors back the Series D price ahead of robotaxi pilots.
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Burnham plan could raise London bills by £7.5bn
Modelling by Fairer Share shows Andy Burnham's plan to replace council tax and stamp duty with an annual levy raises bills for London homeowners by £7.5bn.
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$7 ESP32-S3 blocks whole-home ads in minutes
ZDNET found an ESP32-S3 can be flashed with open-source firmware to run a DNS sinkhole, blocking ad and tracker domains across a home network in minutes.
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Americans' 401(k) average hits $167,970
Vanguard finds average 401(k) balances rose to $167,970 in 2025 and the median to $44,115, driven by strong markets and wider automatic enrolment.
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Trump threatens 100% tariff on European goods over digital services taxes
Mr Trump threatened 100% tariffs on European countries that introduce digital services taxes, warning duties would take effect and could raise prices.
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643 lithium-battery devices found in hold baggage as summer holidays start
The CAA found 643 lithium-powered devices in hold baggage in 2025, up from 316. Regulators urge carrying power banks in the cabin to reduce fire risk.
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DWP to use driving bans and bank seizures to recover £14.6bn
DWP to recover £14.6bn using bank-account deductions and, in some cases, driving-licence revocations. Letters sent 24 June; enforcement begins Oct 2026.
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22% tax on cash in stocks and shares ISAs from 2027
HM Treasury plans a 22% charge on interest inside Stocks and Shares ISAs from April 2027 and a £12,000 Cash ISA cap for under 65s. Consultation open.
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SpaceX slips below post-IPO close, wipes about $400bn off value
SpaceX shares slid to just under $179, wiping roughly $400bn from market value after a $60bn all-stock deal for Cursor that raised dilution concerns, MarketWatch
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Eight days of 30C-plus as England braces for heatwave
England faces up to eight days of 30C-plus heat from 21-28 June, peaking at 34C midweek. Met Office and UKHSA issued amber heat-health alerts in the south.
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£5 error: 1.7m pensioners hit by HMRC pre-fill fault
HMRC apologised after pre-filled DWP pension data used a full 52-week rate, overstating taxable income for about 1.7m filers. They should contact HMRC.
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1.7m hit by HMRC state pension tax error
HMRC's software pre-filled state pension wrongly for about 1.7m pensioners, overstating income and nudging tax bills by c.£5. HMRC plans a fix this summer.
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Brexit cut 6% of UK GDP, wider studies point to 8%
Bank of England firm-level analysis finds Brexit cut UK GDP by about 6% over ten years; wider academic and official studies cluster nearer an 8% loss.
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Fed holds rates at 3.50%-3.75% as Dow drops about 500 points
Fed holds rates at 3.50%-3.75%, signals firmer policy and five taskforces. Markets sold off: Dow fell about 500 points, while yields and the dollar rose.
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