LG Display Q4 profit drops 30% on year, hit by lower TV panel prices
South Korea’s LG Display Co Ltd (034220.KS) posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of smaller screens used for computers, laptops and smartphones.
Analysis: Investors worry about hawkish Fed hurting growth, even theorize over next recession
Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some U.S. investors and strategists are starting to worry about what may seem a distant threat: a sharp economic slowdown or even the next recession.
Investors seek refuge in China as Fed, inflation roil other markets
Foreign investors are piling into China at the start of 2022, seeing it as a haven from the inflation, growth and pandemic problems plaguing most other markets.
Global share sell off pauses in Asia as investors await Fed policy update
Asian share markets steadied on Wednesday after three sessions of losses as investors awaited any hints about faster tightening of monetary policy from the U.S. Federal Reserve later in the day.
Proactive news headlines including GTI Resources, Okapi Resources, Meeka Gold and Critical Resources
Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Ebike subscription company Dance adds chief financial officer Tobias Jordan to its executive team
Dance, the ebike subscription company dedicated to making sustainable transportation simple and convenient, today announced that Tobias Jordan is joining the executive team as chief financial officer in a new role for the micromobility startup. This milestone follows launching a pilot in Hamburg, Germany in December 2021 and after the service’s launch in Berlin in September 2021.
eCom Scotland research shines light on Key Trends
After publishing what it believed would be eight ‘Key Learning and Development (L&D) Trends’ in 2022, the provider of online training and assessment, eCom Scotland, has carried out further market research among its clients to gauge the accuracy of its predictions.
S.Korea’s GDP growth climbs to 11-year high, but recovery uneven
South Korea’s economy expanded at the fastest pace in 11 years in 2021 helped by a jump in exports and construction activity, tempering declines in capital investment and a slow recovery in the coronavirus-hit service sectors.
THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum
Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset – but watch out for the teenage tantrums.
China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign
Tencent Holdings (0700.HK), China’s biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and named 13 companies it had blacklisted from future contracts.
