Monthly Archives: April 2016

Samsung Electronics Operating Profit Driven by Galaxy S7 Sales

Samsung forecast a better-than-expected performance for its first quarter mainly due to an increasing sales of its latest flagship Galaxy S7 phones. Samsung stated on Thursday that it already recorded an operating profit of about 6.6 trillion won ($5.7 billion) … Continue reading

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BOJ cut rates to negative in the beginning of 2016 to spur growth and fight inflation. In response, markets were very turbulent to this new phenomena of negative rates as outlook was uncertain. However since January, global markets have adjusted … Continue reading

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Capital has been flowing out of emerging markets for several years, driven by slowing growth, tumbling commodity prices, and the prospect of higher U.S. interest rates. Oddly enough, no big emerging country has gone bust as a result. The absence … Continue reading

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The meeting comes as the central banker is struggling to calibrate her cautious campaign to raise interest rates amid a still-fragile global economy. The Fed has signaled it will exercise caution on interest rate increases because of concerns over the global … Continue reading

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U.K.’s Daily Mail Explores Bid for Yahoo Backed by Private Equity

The U.K.’s Daily Mail has expressed interest to takeover Yahoo Inc.’s assets, joining a wide group of interested companies such as Alphabet, Microsoft and Verizon as an April 18 deadline for preliminary offers nears, according to people familiar with the matter. … Continue reading

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U.S. to Challenge Halliburton Deal

The U.S. Department of Justice is preparing a lawsuit to block the proposed merger between oil-field service and equipment companies Halliburton and Baker-Hughes. This is following increased regulation on takeovers and the block of the Pfizer and Allergan deal that … Continue reading

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Privacy Fight Round Two: Apple vs. Federal Government

After the United States Federal Bureau of Investigation successfully hacked into a San Bernardino shooter’s iPhone without Apple’s help, the Justice Department is seeking yet another court order allowing the government to unlock an iPhone. The current legal dispute is … Continue reading

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