Electronic Financial News
27.07 / 06:11
Manufacturing
Samsung
KOSPI
performer
electronic
surges
Asian stocks
Asian stocks rise, tech surges as Fed offers no surprises
Investing.com — Most Asian stocks rose on Thursday as appetite for risk-driven markets was boosted by the Federal Reserve raising interest rates as expected and downplaying the prospect of a U.S. recession this year.
27.07 / 05:43
COST
Manufacturing
Remark
country
electronic
India considering PLI scheme for chemicals, petrochemical sector: Nirmala Sitharaman
PLI) scheme for chemicals and petrochemical sector, said union finance minister Nirmala Sitharaman on Thursday. Sitharaman also said that the country has set its sight on becoming energy independent by 2047 and achieving net zero by 2070. «Net Zero can’t be achieved unless each industry and sector contribute to it.
27.07 / 05:03
Digital
Mobile
Parke
Samsung
electronic
Samsung to extend production cuts after $7 billion chip loss in H1
By Joyce Lee and Ju-min Park
27.07 / 04:39
UPS
electronic
symphony
Q1 results today: Bajaj Finserv, Birlasoft, BEL to IHC: 65 companies to declare Q1 results 2023
Q1 results today: Amid improving Indian stock market sentiments, those who believe in stock specific trade are highly vigilant about Q1 results 2023 of the listed companies. In fact, company results are one of the most important events that help stock market investors decide the mid and long term positions. It also help them in taking investment decision about the potential stocks they are zeroing on.
27.07 / 04:27
Provident
MET
Citizens
Platform
Action
electronic
Bank owners and citizens protest deterioration of the Iraqi dinar following US ban on Iraqi banks
Dozens of people have protested in front of the Central Bank of Iraq in Baghdad and bank owners called for official action to stem a sharp increase in the dollar exchange rate
27.07 / 04:27
UPS
Booking
CEO
love
star
electronic
Fried
Sam
bail
Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations
A judge is weighing whether to revoke Sam Bankman-Fried’s bail
27.07 / 04:27
Provident
Booking
Apple
Samsung
cover
electronic
Samsung unveils foldable smartphones in a bet on devices with bending screens
Samsung Electronics has unveiled two new foldable smartphones in a bet on devices with bending screens
27.07 / 01:41
UPS
MET
Manufacturing
CEO
Southern
electronic
Foxconn unit plan to set up $200 million electronic components in Tamil Nadu: Report
Foxconn Industrial Internet (FII)'s CEO Brand Cheng and other company representatives met last week with Tamil Nadu Chief Minister MK Stalin and other government officials to discuss the investment in the southern state. FII has shared a plan with state officials to initially invest $180 million to $200 million in the facility, Reuters said citing sources. The Taiwan-based company aims to complete the plant by 2024, with further investments expected afterward.
27.07 / 01:01
UPS
Manufacturing
CEO
RAI
electronic
recovery
Discretionary demand on the mend in June-July; cos see full recovery in second half of fiscal year
There has been a further acceleration in demand recovery in July, they added, attributing the pick-up to a slowing in inflation among other drivers. They are confident of a complete recovery in the second half of the fiscal year, as festive season spending kicks in.
26.07 / 18:57
COST
UPS
Manufacturing
Intel
electronic
Elusive quest for semiconductor self-sufficiency
Semiconductors are the life blood of modern electronics, and their demand is increasing exponentially. India, a large consumer of electronics, is importing almost all its semiconductor needs to the tune of $24 billion a year (demand is expected to touch $110 billion by 2030). Massive supply disruption during the pandemic and emergence of virulent geopolitical tensions across the world, is forcing nations to seek self-reliance for accessing this precious commodity.
26.07 / 15:29
Booking
Citizens
Orange
country
electronic
FINRA
Finra fines LPL $3M for failing to detect wire transfers that harmed clients
The Financial Industry Regulatory Authority Inc. Tuesday fined LPL Financial $3 million for falling down on its oversight of two financial advisors who pocketed $2.4 million from 13 clients, mostly senior citizens.
26.07 / 15:23
UPS
Provident
BAY
Samsung
track
electronic
NOT
Not just another smartwatch! The new Samsung Galaxy 6 watches can help monitor heart health, keep sleeplessness at bay
Never miss an appointment, date, or deadline. And keep an eye on your health. Sounds like a win-win situation!Galaxy Watch 6, the new generation of smartwatches launched by the consumer electronics titan Samsung at the Galaxy Unpacked Event in Seoul, promises to be more than just a cool-looking smartwatch!
26.07 / 12:55
UPS
Provident
Mobile
performer
track
electronic
6 Known Benefits Of Holding Mutual Funds In A Demat Account
, bonds, mutual funds, and other forms of protection are all under the supervision of a demat account. Additionally, it is user-friendly and provides you with a host of advantages. To purchase mutual funds, a Demat Account is not necessary.
26.07 / 12:55
Provident
Digital
social
electronic
Deaths
Govt tables registration of births and deaths amendment bill
New Delhi: The government on Wednesday tabled the Registration of Births and Deaths (Amendment) Bill, 2023 in the Lok Sabha. The new bill mandates Aadhaar number use for birth certification. This development is part of an amendment to the original 1969 Act, which could streamline the processes for registering births and deaths.
26.07 / 12:15
UPS
Action
Racing
electronic
GST Council likely to meet on August 2 to discuss online gaming tax treatment, law changes
The Goods and Services Tax (GST) Council is likely to meet on August 2 to take a final decision on the 28% GST on online gaming, casinos and horse racing, the Business Today reported Wednesday citing sources. The discussions will be around procedural issues and amendments in the GST law that have to be approved by the GST Council, “there is no backtracking on the proposal", the Indian Express reported quoting a senior government official. The GST Council had unanimously decided to impose 28% GST on online gaming, horse racing and casinos on the full face value in its meeting on July 11.
26.07 / 11:53
Provident
Mobile
Samsung
cover
Inside
electronic
Samsung Galaxy Z Flip 5 debuts with 10MP selfie camera and 3.4-inch cover display: Details inside
Galaxy Unpacked event, Samsung today took the wraps off its latest generation of Galaxy Z Flip foldaphone. The company unveiled Galaxy Z Flip 5 with 6.7-inch FHD+ Dynamic AMOLED 2X main display and 3.4-inch Super AMOLED 60Hz cover display. TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics said “Samsung is revolutionizing the mobile industry with foldables by setting the standard and continually refining the experience.
26.07 / 11:41
Amazon
Platform
Strategy
beautiful
electronic
ecommerce
India’s middle-income consumers may drive nearly half of ecommerce growth by 2030: report
ecommerce market by 2030, according to a report on Wednesday by strategy consulting firm Redseer. The report describes households earning between Rs 2.5 lakh and Rs 10 lakh annually as ‘mass’ consumers and those earning above Rs 10 lakh as ‘affluent’. The mass section, the report said, would contribute to almost $135 billion (45%) in gross merchandise value (GMV) for ecommerce by 2030.
26.07 / 11:23
26.07 / 10:17
Target
Manufacturing
Mobile
TikTok
Xiaomi
country
electronic
open
Open to Chinese investment despite clashes, says govt
Rajeev Chandrasekhar, minister of state for electronics and information technology, told FT that despite India's crackdown on Chinese manufacturers and mobile applications, New Delhi is " Open to investment from China". Chandrasekar told The Financial Times that, " We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws".
26.07 / 06:05
COMPOSITE
Samsung
show
country
electronic
Asian stocks
Asian stocks dip before the Fed, Australia rallies on soft inflation
Investing.com — Most Asian stocks moved in a flat-to-low range on Wednesday before a widely expected interest rate hike by the Federal Reserve due later in the day, while Australian shares rallied on weaker-than-expected inflation data.
26.07 / 01:59
UPS
Lowe's
Reuters
Samsung
electronic
SK Hynix logs Q2 loss, but AI fever seen boosting some chip demand
Investing.com-- South Korean chipmaker SK Hynix Inc (KS:000660) posted an operating loss for the second quarter on Wednesday, but said that some sectors of chip demand were beginning to pick up amid increased interest in artificial intelligence development.
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