Samsung reports robust profit based on chip strength
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more…
Oil Falls On Profit-taking After Brent Surges To $90 A Barrel
BEIJING (Reuters) – Oil prices fell on Thursday as investors cashed in profits from the 2% gains in the previous…
China Evergrande Falls Over 5% After It Says Targeting Restructuring Proposal Within 6 Months
HONG KONG (Reuters) – Shares of China Evergrande Group fell 5.7% to HK$1.67, lowest since Jan. 19, after the debt-laden…
LG Energy Solution Jumps In Debut To Become S.Korea’s Second-most Valuable
By Heekyong Yang and Jihoon Lee SEOUL (Reuters) -LG Energy Solution Ltd (LGES) jumped in its trading debut on Thursday…
Samsung Elec Sees Tech Demand Rise In 2022, Supply Chain Challenges Persist
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd on Thursday forecast a recovery in global tech…
Samsung Elec Says Demand To Recover In 2022, But Supply Chain Challenges Persist
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Thursday forecast a recovery in global…
Tesla Forecasts 2022 Growth Above 50%, Despite Supply Chain Challenges
By Hyunjoo Jin and Nivedita Balu SAN FRANCISCO (Reuters) – Tesla Inc on Wednesday forecast annual deliveries would comfortably grow…
Instant View: FOMC Reaffirms March For Taper End, And, Maybe, Rate Hike
NEW YORK (Reuters) – The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March…
Robinhood Says In ‘strong Position’ To Face Unlikely Market Events
(In 2nd paragraph, company corrects to read “$2.8 billion, 21 times,” not “$2.7 billion, more than 25 times.”) (Reuters) -Robinhood…
Denim Demand Powers Levi Upbeat Forecast As People Refresh Wardrobes
(Reuters) -Levi Strauss & Co forecast full-year sales and profit above Wall Street estimates on Wednesday, encouraged by higher prices…