
Samsung Posts Record Tech Profit on Memory Demand but Shares Slide
Shareholders punished the tech manufacturer despite record third-quarter earnings as heavy spending on artificial intelligence hardware outstripped direct dividend returns.
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Shareholders punished the tech manufacturer despite record third-quarter earnings as heavy spending on artificial intelligence hardware outstripped direct dividend returns.

Samsung Electronics is reportedly preparing to unveil a shareholder return program worth more than $72 billion, driven by record profits from the AI-powered chip supercycle. This move follows a similar large-scale announcement by rival SK Hynix.

Affluent investors in Singapore are optimistic about their financial future, though many are overlooking the crucial aspects of retirement and wealth-transfer planning. This is according to recently released data from a survey by HSBC. There’s a noticeable…

Historically, US equities have demonstrated strong performance following significant conflicts. However, DBS asserts that the current Middle East conflict may not follow this trend, warning investors against complacency in this situation. The Ongoing Conflict…

DOJI, a renowned jewelry retail chain, recently joined the ranks of the nation’s silver bar distributors, making it the fourth such establishment in the country. The company initiated the sale of one- and five-tael silver bars in the cities of Hanoi and HCMC…

Two prominent American investors in South Korean e-commerce giant, Coupang Inc., have lodged formal complaints with the US government. They are seeking an investigation into what they perceive as prejudiced actions by the South Korean government against the…

Sports have emerged as a significant investment focus for billionaires, being viewed not only as an interest but also as a viable asset class, as highlighted by a report from J.P. Morgan. Billionaires Investing in Sports Approximately 20% of billionaire…

UBS, a major global bank, has recently found itself facing penalties from Hong Kong’s Securities and Futures Commission (SFC). The bank has been fined HK$8 million ($1 million) due to misclassification of its clients under the professional investor regime,…

Saving for that dream vacation has officially eclipsed financial security as the leading aspiration for wealth among investors. In a revealing study by HSBC, Singapore is crowned as Asia’s premier offshore wealth destination. Singapore’s Winning Streak in…

In a bold move to capture a growing market, Korean discount department store chain E-Mart has announced its ambitious expansion into the Philippines. With a combined investment of approximately $150 million, E-Mart is set to open five new stores across the…

Profitability at Bank Tabungan Negara (BTN) is projected to dip to between 0.55% and 0.65% by 2025, largely due to increased credit costs even as net interest margin (NIM) shows signs of improvement. The Indonesia-based bank, while boasting a strong capital…

Vietnamese gold prices remained stable on Wednesday afternoon, even as global bullion rates slipped slightly. In the heart of Ho Chi Minh City, the price of gold bars offered by the Saigon Jewelry Company was consistent at VND119.6 million (approximately…

The Australian Securities and Investments Commission (ASIC) has made a significant move by canceling the license of Financial Services Group Australia Pty Ltd (FSGA), raising eyebrows across the financial sector. In a bold statement on its website, the…

Gold jewelry shines brightly in a Hanoi shop as Vietnam’s gold market experiences a notable surge this Thursday morning. Prices have climbed to their highest levels in over two weeks, driven by rising global rates. Gold Prices Rebound The Saigon Jewelry…

Data compiled reveals that Thai investors have been thriving on their stakes in a variety of Vietnamese companies, particularly in the dairy, beverage, plastics, and retail sectors. The spotlight is on Vinamilk, a dominant player in the dairy market, which…

Investors should buy low and sell high in an ideal world. But instead, investors frequently do the opposite—they purchase high and sell low. While volatility can be unpleasant, it is an inherent element of the investment process. Many investors become…
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