Samsung Electronics Co

Asian shares dip at open, gold trades below $4,000

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Asian shares dip at open, gold trades below ,000

Asian equities retreated at the open after a rally in US stocks stalled amid concern valuations may have become stretched following their relentless surge. Stocks in Japan and Australia fell while South Korea rose with Samsung Electronics Co. jumping 6% to trade above its record-high closing level. A gauge of US-listed Chinese companies slid 2% … Read more

Samsung reports profit jump driven by strong chip demand

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Samsung reports profit jump driven by strong chip demand

SEOUL: Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more than 26% as it capped off a robust business year where its dual strength in parts and finished products allowed it to thrive amid the pandemic. But the South Korean tech giant expects its profit to weaken in the … Read more