Oil Price Butchered as US Stocks Breach ATH: Can Bitcoin Mirror the S&P 500?

Shares of SK Hynix soared over 11% on Wednesday, pushing the South Korean memory-chip maker above the $1 trillion market capitalization mark.

UBS Asia Pacific Co-President of Global Wealth Management Iqbal Khan speaks to Bloomberg's Stephen Engle as the UBS Asian Investment Conference kicks off in Hong Kong. (Source: Bloomberg)

Asia-Pacific markets rose on Wednesday, with Japan and South Korea's benchmark indices hitting new highs

SQM reported a sharp increase in first-quarter profit and raised its lithium sales forecast, betting that robust demand from battery storage systems will keep the market tightly supplied.