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New Zealand Dollar gains on hawkish RBNZ policy outlook

NZD/USD gains ground after four days of losses, trading around 0.5870 during the early European hours on Friday. The pair appreciates as the New Zealand Dollar (NZD) receives support from traders continuing to price in a Reserve Bank of New Zealand (RBNZ) rate hike next month.

New Zealand Dollar gains on hawkish RBNZ policy outlook

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SK hynix Faces Governance Questions Over Potential Solidigm IPO

SK hynix is facing growing governance scrutiny after reports emerged that its U.S. subsidiary Solidigm is reviewing a potential pre-IPO fundraising and a future Nasdaq listing, reviving concerns in…

  • SK hynix's U.S. subsidiary Solidigm may raise $3.54-$7.1 billion in pre-IPO round.
  • Korea Corporate Governance Forum criticizes potential five-layer shareholding structure.
  • SK hynix's stock declined 4.9% as of August 13 amid governance concerns.

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