SEOUL, Oct 7 : Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI demand, though analysts have cut forecasts by nearly 8 per cent since the end of August.Despite moderating gains in the prices of memory chips and a strengthening South Korea
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NEW YORK, Oct 6 : A US judge on Tuesday authorized an investment fund that filed a criminal complaint in Switzerland against iron ore trader Radiant World to subpoena payments records from the Federal Reserve Bank of New York and the Clearing House Interbank Payments System.US District Judge John Cronan in Ma
TOKYO, Oct 7 : Japan's real wages rose 1.5 per cent in August from a year earlier, marking the eighth consecutive month of gains, government data showed on Wednesday, pointing to a continued recovery in wage growth. • The solid wage data supports the case for the Bank of Japan to continue raising interest
TOKYO, Oct 7 : Business confidence at big Japanese manufacturers rose in October to its highest level in nearly five years, helped by robust chip demand, but sentiment among non-manufacturers deteriorated sharply amid rising costs, a Reuters monthly poll showed.The Reuters Tankan sentiment index for manufactu
Oct 6 : SpaceX plans to raise $40 billion, led by asset manager Apollo Global Management, for purchasing Nvidia AI chips, the Financial Times reported on Tuesday, citing people familiar with the matter.The Elon Musk-led company is looking to raise about $10 billion in bank loans and $30 billion in investment
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