Samsung Electronics achieves a record profit in the third quarter, but warns of a weaker performance

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) projected a weaker third quarter performance as it posted record third quarter earnings and expectations due to semiconductor data center sales and…

Facebook expects rising costs to combat scandals after 2019 to decline

(Reuters) – Facebook Inc (FB.O) on Tuesday, investors were relieved of the forecast that margins will not contract after 2019 as scandals plummet and stocks continue to rise with record…

Asian stocks tentative for a global October after a merciless October

TOKYO (Reuters) – Asian stocks broke 20-month lows on Wednesday to make small profits, thanks to a recovery on Wall Street, despite investors losing after a harsh October month in…

Pacific Trade Pact to begin in late 2018 after six members have ratified

WELLINGTON (Reuters) – A milestone of eleven members aiming to overcome the barriers in some of the fastest-growing economies in the Asia-Pacific region will come into effect in late December,…

After tragedies and big losses, Hyundai seems to pick up the luck in North Korea

SEOUL (Reuters) – For Hyundai, the South Korean conglomerate, North Korea is a story of lost opportunities – and tragedies. Baek Cheon-ho, a senior executive in charge of Hyundai Asan's…

The increase in Facebook revenue outweighs slow user and revenue growth

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) on Tuesday beat earnings estimates, but missed targets for growing monthly users, reporting its slowest earnings growth in about six years in a…

Facebook shares stung by slow users, revenue growth

(Reuters) – Facebook Inc (FB.O) outperformed analysts' earnings estimates on Tuesday but failed to meet targets for growing monthly users and reported the slowest sales growth in about six years.…