Foreign investors turned into net sellers in the South Korean stock market for the first time in six months as the local currency depreciated to the U.S. dollar and caused concerns over foreign exchange losses, financial watchdog data showed Tuesday.
Samsung Electronics, the world's largest maker of chips, smartphones and flat screens, saw its operating profit drop 60 percent in the third quarter from a year earlier, regulatory filing showed Tuesday.
Samsung to invest 14.6 bln USD in new semiconductor plants
China's state-owned enterprises saw profit growth slow in the first eight months of 2014 amid softening momentum in the broader economy, data released by the Ministry of Finance on Monday showed.
Samsung Electronics, the world's No.1 maker of smartphones, memory chips and display panels, posted on Tuesday the lowest earnings in two years for the second quarter of this year due to sluggish smartphone sales and the local currency' s ascent to the U.S. dollar.
Corporate direct financing, including bond and stock sales, in South Korea reduced in May as lack of demand for corporate bond and equity issuances, financial watchdog data showed Tuesday.
South Korea's financial regulator said Monday that it planned to privatize the country's No.2 bank rescued with bailout funds after the 1997 financial crisis.
South Korea's household loans grew at a faster pace in April as housing transactions rose during the spring house-moving season, central bank data showed Tuesday.
South Korea planned to frontload 7.8 trillion won (7.6 billion U.S. dollars) in the second quarter as signs of the weakening private consumption were detected following the deadly ferry sinking disaster.
China's prudent monetary policy is unlikely to change in the near future as stronger-than-expected lending in January suggest robust demands in the real economy.
China's new yuan-denominated lending reached 1.32 trillion yuan (216 billion U.S. dollars) in January, up 246.9 billion yuan year on year, the central bank said Saturday.
One plus one equals two. But it's not always the case, especially when you are talking about the calculating of local and national gross domestic product (GDP) data in China.
New data has showed that China's lending in 2013 moderated and the growth of broad money supply eased, triggering forecasts that credit tapering will continue in 2014.
China disclosed its total government debt on Monday and said that debt risk was under control.
The Japanese central bank returned to black in the period from April to September for the first time in five years on a half-year basis, with a net profit of 400.62 billion yen, according to local media on Wednesday.
Samsung Electronics, the world's largest maker of smartphones, memory chips and flat screen TVs, saw its third-quarter operating profit hit a new record high, the company said Friday.
South Korea has planned to raise 134.8 trillion won (120 billion U.S. dollars) over the next five years to fulfill campaign pledges of President Park Geun-hye and enforce major policy agendas, the finance ministry said Friday.
简体中文
