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Seoul dives on tough day for Asia as Samsung fails to ease tech woes
Samsung expects 1,800% operating profit leap on AI boom
Samsung expects 1,800% operating profit leap on AI boom

South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.

July 07, 2026

RECENT NEWS

Seoul dives on mixed day in Asia as Samsung fails to ease tech woes
Seoul dives on mixed day in Asia as Samsung fails to ease tech woes

Seoul once again led losses on a mixed day in Asian stocks Tuesday as chip giant Samsung tumbled despite an eye-watering rise in profit, stoking fears that the record-breaking, AI-fuelled rally may have reached the end of the road.

July 07, 2026

Belgium thrash USA to end World Cup dream and set up Spain showdown
Belgium thrash USA to end World Cup dream and set up Spain showdown

Belgium brought the United States' World Cup party to a shattering halt on Monday, thrashing the tournament co-hosts 4-1 to set up a quarter-final showdown with Spain.

July 07, 2026

Samsung expects 1,800% leap in quarterly operating profit on AI boom
Samsung expects 1,800% leap in quarterly operating profit on AI boom

South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.

July 07, 2026

RECENT NEWS

Star Copper Begins Step-Out Drilling at Star Main Location to Test Northeast Extension of Hypogene System
Star Copper Begins Step-Out Drilling at Star Main Location to Test Northeast Extension of Hypogene System

- Company adds second drill rig to advance 15,000-metre program

July 07, 2026

RECENT NEWS

'Agony' in Cuba amid third nationwide blackout in six months
'Agony' in Cuba amid third nationwide blackout in six months

Cuba on Monday suffered its third nationwide power outage since the start of the year, causing mounting despair in the face of an energy collapse precipitated by a US fuel blockade.

July 06, 2026