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Tuesday, January 9, 2018

Samsung profit guidance disappoints, memory outlook cloudy


Samsung profit guidance disappoints, memory outlook cloudy



Samsung Electronics Co Ltd said it would likely rake in a record fourth-quarter profit but the guidance fell short of consensus estimate, spooking investors already worried that a memory chip boom could be ending sooner rather than later.

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Rates low for too long, says ex-Bank of England boss

Lord Mervyn King says inflation has now been tamed and interest rates are "in the right ballpark". from BBC News https://ift.tt/...