Category: News

After disclosing its finest fourth-quarter profit in four years, Samsung Electronics Co Ltd predicted a recovery in worldwide tech device demand in 2022 but cautioned of currently underway challenges from supply chain challenges and COVID-19. The world’s top memory chip and smartphone manufacturer said it expects development in its chip sector and also in smartphones…

On Monday, Asian stock markets fell as investors awaited a Federal Reserve meeting at which the financial sector is anticipated to confirm that it will soon begin removing the massive pool of liquidity that has fueled growth stocks in recent years. Worries about a probable Russian strike on Ukraine heightened the caution, with the US…

TPG (TPG.O) stock rose more than 12 percent in its first day on the stock market on Thursday, valuing the 30-year-old private equity organization at more over $10 billion. TPG went public to take advantage of a pandemic-driven spike in buyout industry profitability. The private equity firm, which was co-founded by billionaire David Bonderman and…

The Macau government announced that the total of new casino firms allowed to run in the world’s largest gaming destination will be restricted to six, with a 10-year operating duration. The statement, which has been eagerly anticipated by casino operators, investors, and observers, puts to rest fears that the government will alter the number of…

Sunac China Holdings Ltd (1918.HK), a Chinese property developer, announced on Thursday that it planned to sell shares to raise HK$4.52 billion ($580.09 million) for debt repayment and general corporate reasons. Sunac China Holdings Ltd. (1918.HK), China’s third-largest developer, raised $580 million in a top-up share offer on Wednesday, following a liquidity issue that caused…