Korea's SK Hynix to Make US Debut; Japan Urges Pensions to Invest More at Home | The Pulse 7/10/2026

SK Hynix has raised $26.5 billion in its American depositary receipt offering, as the South Korean memory chipmaker powered through volatility to deliver the largest ever US first-time share sale by a foreign company. Japan’s finance minister has called for the nation’s massive pension funds to increase investments in domestic assets, boosting the yen from near four-decade lows and spurring a rally in bonds. EasyJet has received a fresh offer from private equity firm Apollo Global Management that beats a rival proposal from Castlelake, a surprise twist in the takeover saga that sets up a possible bidding war between the two US investment funds. Today's guests: Marina Zavolock, Morgan Stanley Chief European Equity Strategist; Phoenix Kalen, SocGen CIB Global Head of Emerging Markets Research ; Carlos Cuerpo, Spanish Economy Minister -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:41 - The Pulse 00:02:54 - SK Hynix ADRs raise $26.5 billion in top foreign debut 00:06:15 - Marina Zavolock, Morgan Stanley Chief European Equity Strategist 00:12:34 - EasyJet get £5.7 billion Apollo big 00:14:58 - Japan urges pension funds to invest more at home 00:17:29 - Phoenix Kalen, SocGen CIB Global Head of Emerging Markets Research 00:25:11 - Friday headlines 00:25:52 - Volkswagen eyes halving model lineup 00:29:14 - EXCLUSIVE: Carlos Cuerpo, Spanish Economy Minister 00:39:26 - Friday top stories 00:40:57 - Why young investors are taking on big risks 00:43:47 - Lecun: Ship has sailed for Europe on LLMs 00:47:16 - The Big Take: China's Secretive New Chip Giant Is Built to Dodge US Curbs -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts