NEWS & MEDIA
APR22

2026

SK Hynix’s Profit Jumps on Soaring Prices of AI Chips

SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex “significantly” this year, underscoring surging prices of memory chips that underpin global artificial intelligence development. (Source: Bloomberg)

APR22

2026

SK Hynix’s Profit Jumps on Soaring Prices of AI Memory Chips

SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex “significantly” this year, underscoring surging prices of memory chips that underpin global artificial intelligence development.

APR22

2026

Musk to Spend $3 Billion on ‘Research Fab,’ Use Intel Technology

Tesla Inc. plans to spend roughly $3 billion to build a research chip factory in Texas, according to Chief Executive Officer Elon Musk, an early phase of an effort to establish chip manufacturing at a massive scale.

APR22

2026

Websites Selling Child Sex Abuse Doubled in 2025, Watchdog Says

The number of websites illegally selling access to child sex abuse images more than doubled last year, according to new research from the UK authority responsible for finding and removing such material from the internet.

APR22

2026

CDK Creditors Sign Pact as Software Company Profits Squeezed

Creditors to CDK Global have signed a cooperation agreement that binds them together in the event that the software company seeks talks on a potential debt deal, according to people familiar with the situation.

APR22

2026

Tesla Boosts Spending Plan in AI, Robotics Push

Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Bloomberg's Dana Hull reports on how investors are reacting. (Source: Bloomberg)

APR22

2026

Gold Steadies as Hormuz Standoff Keeps Inflation Risk High

Gold was little changed as the US extension of a ceasefire with Iran left global markets grappling with a blockade of the Strait of Hormuz, impacting energy security and keeping inflation risks high.

APR22

2026

Asian Equities to Rise After US Stocks Hit Record: Markets Wrap

Shares in Asia were primed for advances Thursday after robust US corporate results and the US said the truce agreed April 7 would stay in place indefinitely lifted Wall Street to a record.

APR22

2026

Philippine Rate Decision Too Close to Call on Stagflation Risk

The Iran war’s fallout has made the Philippine central bank’s next policy move a tough call: tighten to tame price pressures from the energy crunch, or stand pat to support a fragile economy.

APR22

2026

Why It’s Getting Hard to Use Miles to Book Your Flight

Air miles are becoming a precious commodity as uncertainty grows about the outlook for ticket prices and the availability of flights.