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UPDATE 1-Samsung Electronics warns of tough 2016 amid Q4 outlook concerns
2016-01-04 04:25:17| Electronics - Topix.net
SEOUL, Jan 4 South Korean tech giant Samsung Electronics Co Ltd said it expects a difficult business environment in 2016 due to weak global economic conditions and heightened competition in key businesses including memory chips and smartphones. In a statement on Monday, Samsung said Chief Executive Kwon Oh-hyun told employees in a New Year's address that low global growth will persist this year, with greater uncertainty stemming from issues such as financial risks for emerging countries.
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China Telecom CEO quits amid corruption probe
2016-01-04 01:00:00| Total Telecom industry news
COO Chang Jie becomes interim chief following Chang Xiaobing's departure.
China Telecom chief resigns amid probe
2015-12-31 06:49:13| BBC News | Business | UK Edition
The chairman and chief executive of one of China's largest mobile service providers, China Telecom, has stepped down after authorities said he was under investigation just days earlier.
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China Telecom chairman steps down amid investigation
2015-12-30 13:33:31| Telecom - Topix.net
Dec 30 State-run China Telecom Corp Ltd said on Wednesday that Chairman and Chief Eexecutive Chang Xiaobing has resigned with immediate effect, just days after authorities said he was being investigated for alleged disciplinary violation. Chang is "suspected of serious violation of discipline", the ruling Communist Party's anti-corruption watchdog said on Sunday, the latest senior executive to be caught in an anti-graft dragnet.
Tags: china
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Wall Street Pares Steep Losses Amid Oil Plunge
2015-12-29 01:43:36| Oil & Gas - Topix.net
U.S. equity markets pared substantial triple-digit losses on Monday as global oil prices saw another day of heavy selling, but the Dow and Nasdaq fell back into negative territory for the year. The Dow Jones Industrial Average was 23 points lower, 0.14% to 17528.
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