Category Archives: Blog

Multiple Probes Into Chinese Companies Damaging Confidence of Foreign Investors, Chinese Embassy Says

Multiple probes into Chinese companies by enforcement agencies are damaging the confidence of foreign investors in India, the Chinese embassy said on Wednesday. On Tuesday, the Enforcement Directorate raided 44 locations across the country as part of a money-laundering investigation against Vivo and related firms. Earlier this year, the ED also opened an investigation…Read More

Multiple Probes Into Chinese Companies Damaging Confidence of Foreign Investors, Chinese Embassy Says

Multiple probes into Chinese companies by enforcement agencies are damaging the confidence of foreign investors in India, the Chinese embassy said on Wednesday. On Tuesday, the Enforcement Directorate raided 44 locations across the country as part of a money-laundering investigation against Vivo and related firms. Earlier this year, the ED also opened an investigation…Read More

Samsung expects strong increase sales and profit in its Q2 earnings guidance

Samsung Electronics posted its latest earnings guidance, revealing another very solid quarter is in the books. The report revealed consolidated sales between April and June 2022 were KRW 77 trillion (about $59.2 billion), while the consolidated operating profit was KRW 14 trillion (around $10.76 billion). Q2 2022 Guidance KRW / USD Q1 2022 Results KRW…