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Samsung reports Q1 profit of $7.3 billion

SEOUL, April 29, 2014 (BSS/AFP) – Samsung Electronics reported today a 5.9 percent year-on-year increase in first quarter net profit to 7.57 trillion won ($7.3 billion) but operating profit declined for a second straight quarter on slowing smartphone revenue. Samsung reports Q1 profit of $7.3 billion Operating profit stood at 8.49 trillion won for the […]

PV Sindhu settles for bronze in Badminton Asia Championship

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Gimcheon, South Korea, 26 April-2014(PTI): The 18-year-old PV Sindhu fought hard for one hour and 18 minutes before losing to the two-time reigning All England champion Shixian Wang 21-15, 20-22, 12-21 in the women’s singles competition of the Badminton Asia Championship. PV Sindhu settles for bronze in Badminton Asia Championship India’s teen sensation P V […]

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Empty spaces mark Korean school tribute for missing ferry victims

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(Reuters) – A floral tribute to the children who drowned in a sinking South Korean ferry features photographs of the victims in their school uniforms, while lines of empty spaces wait to be filled with photos once those still missing are confirmed dead. Empty spaces mark Korean school tribute for missing ferry victims The pictures, […]

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Body of Korean boy who raised ferry alarm believed found

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(Reuters) – A South Korean boy whose shaking voice first raised the alarm that an overloaded ferry with hundreds of children on board was sinking has been found drowned in the underwater wreckage of the ship, his parents believe, the coastguard said on Thursday. Body of Korean boy who raised ferry alarm believed found The […]

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Asia markets: Tech sector brightens as Apple jumps 8 percent

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(Reuters) – Asian markets could get a lift on Thursday after tech heavyweights Apple and Facebook beat Wall Street expectations, sending their stock up sharply and boosting Nasdaq futures. Asia markets: Tech sector brightens as Apple jumps 8 percent The results came out after the close on Wednesday so could not stop the major U.S. […]

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Nearly 150 Japanese lawmakers visit controversial war shrine

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World, April 22, AFP: A group of nearly 150 Japanese lawmakers visited the controversial Yasukuni war shrine today, a move that could further worsen ties with Asian neighbours, on the eve of US President Barack Obama’s arrival. Nearly 150 Japanese lawmakers visit controversial war shrine A total of 146 lawmakers from both houses of parliament made […]

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