Samsung Electronics to launch Galaxy Fold in Sept after screen problems
Samsung Electronics Co Ltd’s first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by...
Citi hires JPMorgan asset management executive for Asia equities business
Citigroup said on Thursday it has hired Curt Engler, a senior executive from JPMorgan’s asset management business in New York, as its Asia Pacific head...
Oil steadies after global demand worries spark fall
Oil ticked higher early on Thursday after falling in the previous session as more signs of slowing global growth added to demand concerns, with Middle...
Samsung Electronics’ Galaxy Fold to be available from September
Samsung Electronics Co Ltd said on Thursday its foldable smartphone Galaxy Fold would go on sale from September in selected markets, after the launch was...
Asian shares dither ahead of ECB outcome, euro near two-month lows
Asian shares were cautious on Thursday, shrugging off a tech-fuelled rally on Wall Street while the euro hovered near two-month lows as soft economic data...
Tesla needs more time to turn profit; founding engineer steps down
Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of...
Xilinx resumes some Huawei sales, but lower forecast sends shares down
Xilinx Inc said it had resumed some sales to Huawei Technologies Co Ltd but forecast current-quarter revenue below Wall Street estimates on Wednesday, citing the...
To survive trade war, some U.S. importers embark on major revamps of product lines
When U.S President Donald Trump tweeted in May his intention to raise tariffs on Chinese goods, management at California-based NewAir Appliances knew they needed to...
Investors pull $1.5 billion from India equities so far in July: IIF
Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the...
Tesla posts wider-than-expected loss in quarter as margins fall, shares down 10%
Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker will break even,...