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SEOUL: Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid.
HONG KONG: The unprecedented drop in the United States oil futures is rippling through the world’s exchange-traded fund (ETF) market, with the latest example in Hong Kong.
PETALING JAYA: Gamuda Bhd’s tender for the A$2.6bil (RM7.27bil) motorway link project in Sydney via joint-venture (JV) company Gamuda-BMD Constructions Pty Ltd is a positive to Gamuda, though the group stands a 50:50 chance to secure the project.
PETALING JAYA: Gamuda Bhd through its joint venture (JV) company with Australia-based BMD Constructions Pty Ltd has been invited to tender for a motorway to connect the south of Sydney, Australia, costing about A$2.6bil (RM7.27bil).
TAIPEI: Taiwan Semiconductor Manufacturing Co (TSMC), chipmaker to Apple Inc and Huawei Technologies Co, has reported a 91% rise in earnings after demand for advanced silicon remained steady during the pandemic.
SEOUL: Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
SEOUL: Philippine and South Korean stocks entered technical bull markets, rising over 20% from lows reached just weeks ago, as investor sentiment was buoyed by a slowing death toll in some of the world’s coronavirus hotspots.
SEOUL: When Samsung Electronics Co brass addressed analysts during its last earnings call, much of the talk revolved around finally turning the corner after years in the doldrums. That was in January, before Covid-19 threw the global economy into a tailspin.
SEOUL: While the pros are shunning South Korean stocks, the nation’s mom-and-pops are diving right in.
SOUTH Korean, Philippine and Indonesian stocks are the first in Asia Pacific to enter technical bull markets, rising over 20% from lows reached just weeks ago, as investor sentiment was buoyed by a slowing death toll in some of the world’s coronavirus hotspots.