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Samsung posts 5.9-bln-USD operating profit in Q2

​Samsung Electronics posted 6.9 trillion won (5.9 billion U.S. dollars) in operating profit in the second quarter, missing market estimates on weak demand for Galaxy S6 smartphones, a regulatory filing showed Thursday.

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U.S. stocks keep falling on weak earnings

​U.S. stocks declined for the third straight session Thursday as investors meditated on a raft of largely lackluster earnings reports.

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U.S. stocks extend losses on downbeat earnings reports

​U.S. stocks kept falling Wednesday as disappointing quarterly results from big companies weighed on Wall Street sentiment.

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Singapore's Tigerair makes turnaround in Q1

​Singapore's budget carrier Tigerair reported an operating profit of 600,000 Singapore dollars (440,040 U.S. dollars) in the first quarter of its 2016 financial year, reversing a loss of 16.4 million Singapore dollars (12.03 million U.S. dollars) in the previous quarter, the airline has said.

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U.S. stocks decline on profit taking

​U.S. stocks ended lower amid lackluster quarterly results Tuesday, as investors were looking for excuses to lock in gains after the Nasdaq Composite Index's three-session record run.

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Singapore's GDP moderated further in Q2

​The Singapore economy grew by 1. 7 percent on a year-on-year basis in the second quarter of 2015, lower than the 2.8 percent growth in the previous quarter, according to advance estimates by the Ministry of Trade and Industry on Tuesday.

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Think tank projects 0.7 pct GDP growth for Britain in Q2

Think tank projects 0.7 pct GDP growth for Britain in Q2

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Brazilian gov't authorizes new bidding round in oil, gas

Brazil's Mines and Energy Minister Eduardo Braga announced on Thursday a new bidding round for oil and gas exploration areas.

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S. Africa's economy slows down amid unemployment spike

​South Africa's economy slowed down in the first quarter of this year due to power constraints which heavily affected the manufacturing and agricultural sector, according to figures released on Tuesday by Statics South Africa (Stats SA).

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Brazil's poor GDP results reflect economic uncertainty: minister

Brazil's negative GDP results in the first quarter of 2015 are a reflection of recent economic uncertainty, Finance Minister Joaquim Levy said Friday.

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S.Korea's car exports tumble in Q1 amid surging imports

Auto exports by South Korean carmakers tumbled in the first quarter amid a surge in foreign luxury car imports, customs data showed Wednesday.

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China's growth slows to 7 pct in Q1

​The Chinese economy reported better-than-expected data for the first quarter as gross domestic product expanded 7 percent year on year, official data revealed on Wednesday.

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U.S. Fed rejects two banks' capital plans in annual stress test

The U.S. Federal Reserve on Wednesday rejected the capital plans of two large banks, the American units of the Deutsche Bank and Banco Santander, due to their "qualitative" deficiencies including ability to model losses and identify risks.

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Dairy prices hold down New Zealand's terms of trade

​Falling dairy prices continued to drag down New Zealand's merchandise terms of trade in the quarter to the end of December 2014, the government statistics agency announced on Monday.

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Britain business investment slumps, GDP growth confirmed at 0.5 pct in Q4

​In the fourth quarter of 2014, British business investment decreased at its sharpest rate in nearly six years, data from Office for National Statistics (ONS) showed Thursday.

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Philips suffers profit, sales decline

Philips had a decline in profit and sales in the fourth quarter, as well as over the entire year of 2014 due to weak currencies and falling demand and disappointing sales in emerging markets like Russia and China, the Dutch electronics giant reported on Tuesday.