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Samsung Electronics Tipped to Recover from Q3: Analysts

SEOUL, May 2 (Korea Bizwire) — Samsung Electronics Co. is expected to bounce back from its first-quarter earnings shock from the third quarter of this year thanks to a recovery in chip demand, analysts said Thursday. Samsung’s net profit nose-dived 57 percent on-year to 5.04 trillion won (US$4.3 billion) in the January-March period, the lowest [...]

CUHK Business School Research Reveals Local Financial Analysts with Access to Political Knowledge Generate More Accurate Forecasts in China

HONG KONG, CHINA, Jun. 15 (Korea Bizwire) - Research study on work of local and foreign brokerage analysts in China finds political knowledge creates information wedge between market participants. Institutional factors, such as politics and the relationships between politicians and companies, can shape the way businesses report financial information in many emerging economies. There is often [...]