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Samsung Elec to expand chip production at largest plant next year

SEOUL (Reuters) – Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a South Korean newspaper reported late on Sunday. The move contrasts with the scaling back of investment by rival chipmakers amid falling demand and a glut of chips. Analysts have said […]

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World economy headed for recession in 2023: Research

By Philip Aldrick The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research. The global economy surpassed $100 trillion for the first time in 2022 but will stall in 2023 as policy makers continue their fight […]

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New age firms’ market cap in red since listing

A clutch of new age technology companies has lost nearly Rs 2.5 trillion  or roughly $20 billion in market capitalization since they listed on the exchanges.  Shareholders have been disappointed by either poor performance or unwieldy acquisitions. In some instances, the sale of stakes by investors post the expiry of the lock-in period, has dragged […]

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Haynes International, Inc. (NASDAQ:HAYN) Q4 2022 Earnings Call Transcript

Haynes International, Inc. (NASDAQ:HAYN) Q4 2022 Earnings Call Transcript November 18, 2022 Haynes International, Inc. beats earnings expectations. Reported EPS is $1.3, expectations were $1.28. Operator: Good morning, ladies and gentlemen, and welcome to the Haynes International, Inc. Fourth Quarter 2022 and Fiscal Year-End Financial Results. At this time, all participants have been placed on […]

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Colombia Central Bank Chief Says Interest Rate Hikes Near an End

The steepest series of interest rate increases in Colombia is nearing an end as inflation is expected to slow sharply with the economy set for a hard landing next year, the country’s central bank chief said. Policymakers have responded to the highest inflation in more than two decades — due mainly to international factors — […]

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WATCH: Arkansas Gov. Asa Hutchinson calls Biden ‘inconsistent’ on Title 42

The Biden administration has maintained that the COVID-19 pandemic isn’t over, but the rush to end Title 42 shows how “inconsistent” their claims are, according to Gov. Asa Hutchinson (R-AR). Hutchinson said President Joe Biden has a “separate agenda” and is not merely trying to manage the public health crisis, but is using the emergency […]

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HDEF: High-Yield Dividend ETF With FX Risks In The Mix (NYSEARCA:HDEF)

Daniel Grizelj/DigitalVision via Getty Images The Xtrackers MSCI EAFE High Dividend Yield Equity ETF (NYSEARCA:HDEF) offers exposure to the developed world (ex-North America) high-quality dividend-paying stocks with value characteristics manifested in above-average yields. This is a concept I like, yet there are a few disadvantages as there is something to dislike about the fund’s performance […]

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Sri Lanka minister mulls paths of self-sufficiency or economic freedom for 2023

ECONOMYNEXT – Sri Lanka is mulling the continuation of an autarky or giving back economic freedom stolen from the people during monetary instability in 2020, according to a statement by the island’s state minister for finance Ranjith Siyambalapitiya. Sri Lanka had to decide whether to rise as nation by limiting imports of items like coconut […]

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Inglewood-based Nay’s Tacos going 14 years strong

THOUSAND OAKS, Calif. – In the first of a four-part series highlighting Black-owned businesses that have visited the Rams’ training facility this season, theRams.com spotlights Nay’s Tacos. Watts native and mother of three Naleisha “Nay” Webb talks about how she started her business, where people can keep up with it and more. 1) How did […]

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Should You Invest in Their Companies?

In this article, we will be taking a look at the 30 wealthiest families in the world. To skip our detailed analysis, you can go directly to see the 10 wealthiest families in the world. When you think about the wealthiest families in the world, you can’t help but think of the unequal distribution of […]

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