Samsung Electronics reported the most profitable quarter in its history on Thursday, with operating profit of 107.4 trillion won on revenue of 195.3 trillion won, and still watched its shares close more than 4% lower.  At one point they were down 6.6%. The KOSPI, which had broken above 6,000 the day before, slipped back under […]

The post Why Samsung’s record profits weren’t enough for investors appeared first on Asia Times.

Sanae Takaichi has done something few Japanese leaders manage. She’s reached her first anniversary in office more popular than her predecessors, and she looks well placed to keep the job. In a country that has burned through five prime ministers in a decade, this counts for a lot. Popularity, though, is only one of two […]

The post Takaichi’s next vote is in the bond market appeared first on Asia Times.

Two years ago, central bankers on three continents all but declared victory over inflation. Markets took them at their word, and plenty of investors built their portfolios on the assumption that the price surge of 2022 was behind us. That assumption was wrong, and the consequences are now showing up in almost every major economy […]

The post The inflation conflagration is back and here to stay appeared first on Asia Times.

Southeast Asia’s growth next year will be decided at meetings its finance ministers won’t attend. A few executives in California will soon settle next year’s spending on data centers. Their decisions will do more to shape growth in Vietnam, Malaysia, Thailand and the Philippines than any budget those governments pass. The World Bank has just […]

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