Global Business

Global Business

Samsung warns fourth-quarter profit to miss forecasts

The announcement comes after the world's largest memory-chip maker issued a rare apology in October acknowledging it was facing a "crisis" and that questions had arisen about its "fundamental technological competitiveness and the future of the company".

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US trade deficit widens in November on imports jump

With Trump set to take office later this month, trade imbalances in the world's biggest economy could again come under the spotlight.

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Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

Samsung is expected to estimate its operating profit rose to 8.2 trillion won ($5.6 billion) in the quarter ended December

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Trump denies report that his team is eyeing pared-back tariffs

Trump responded on his Truth Social platform after the Washington Post cited three sources familiar with the matter as saying that Trump aides were exploring a narrower approach to tariffs

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US Fed's top banking regulator says he will step down early

Michael Barr, the Fed's vice chair for banking supervision, said in a statement that he would step down from his management role by February 28 at the latest

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Renata ships first batch of psychiatric disorder medicines to US

The tablet, Risperidone, is locally marketed as Sperid

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Import disruptions cripple Banglabandha land port operations

Protests by Indian truck operators over online slot-booking issues caused the disruption

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Foxconn beats estimates with record fourth-quarter revenue on AI demand

Revenue for Apple's biggest iPhone assembler jumped 15.2 percent to T$2.13 trillion ($64.72 billion), Foxconn said in a statement on Sunday

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MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

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Grains for gold: Indian export curbs drive boom in barter smuggling

The practice of smuggling gold to buy grain has persisted even after India, the world's second-largest gold consumer, slashed 9 percentage points from its import duty in July, taking it to the lowest in more than a decade

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Britain approves $19 billion Vodafone-Three mobile merger

The Competition and Markets Authority had previously said the deal could push up customer prices, but it later accepted that a pledge by the two companies to invest in 5G networks and offer protections for retail and wholesale customers were enough to ease its concerns.

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Mystery, volatility, Trump: the Bitcoin phenomenon

Donald Trump won the US election promising to make the country the "bitcoin and cryptocurrency capital of the world":

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Bitcoin hits $100,000 for first time

The digital unit has advanced more than 50 percent since the tycoon's poll win -- and around 134 percent since the turn of the year

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6-day furniture fair begins in Chattogram

28 companies are taking part in the event

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Bangladesh's new LNG purchase policy draws Shell, BP, Glencore and Aramco

Bangladesh made its first LNG import in 2018, bought 5.2 million metric tons in 2023, up 19 percent from the previous year

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China curbs exports of key chipmaking components to US

Among the materials banned from export are metals gallium, antimony and germanium, Beijing's commerce ministry said in a statement that cited "national security" concerns

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Developing countries face record foreign debt costs: World Bank

The high cost of servicing foreign debt has pushed many developing countries to borrow more money from multilateral institutions like the World Bank, stretching their finances

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S.Korea says to provide liquidity to stabilise markets after turmoil

Equities sank more than two percent in Seoul and the won initially plunged to a two-year low against the dollar after the dramatic move, which stunned traders already concerned about the state of Asia's number-three economy.

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