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Bank of Korea Expected to Keep Policy Restrictive for Now

Bank of Korea Expected to Keep Policy Restrictive for Now
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Bank of Korea Sticks With Restrictive Stance After Holding Rates

Bank of Korea Sticks With Restrictive Stance After Holding Rates
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Samsung net profit lacks estimates after 5G debut iPhone

News Highlights: Samsung net profit lacks estimates after 5G debut iPhone Photographer: Nina Westervelt / Bloomberg Photographer: Nina Westervelt /

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Samsung Net Profit Misses Estimates After 5G IPhone s Debut

Samsung Net Profit Misses Estimates After 5G iPhone’s Debut Bloomberg 1/28/2021 Sohee Kim © Bloomberg Samsung Galaxy S21 smartphones in Phantom Black, Phantom White, Phantom Violet, and Phantom Pink at the Samsung Unpacked product launch event in New York, U.S., on Wednesday, Jan. 13, 2021. Samsung Electronics Co. Thursday debuted three Galaxy S21 smartphones, upgraded earbuds, and a gadget to track physical items, rivaling Apple Inc. s 5G iPhone 12 line as well as its own future AirPods and item tracker. (Bloomberg) Samsung Electronics Co. missed analyst estimates for the fourth quarter and warned profitability will likely decline this quarter, citing weakness in its memory chip business and challenges with currency fluctuations.

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Once a billionaire factory, Korea s beauty industry turns ugly

Once a billionaire factory, Korea s beauty industry turns ugly Yoojung Lee Share Three years ago, Suh Kyung-Bae was the second richest person in South Korea. Today he s barely Top 10, a stark reversal in a K-beauty boom known for minting billionaires, not breaking them. Suh s $US3.6 billion ($4.7 billion) fortune – down from roughly $US8 billion in 2017 – is largely comprised of shares in his family s cosmetics conglomerate, Amorepacific Group, which have fallen more than 40 per cent from a mid-January high. The parent of brands like Innisfree, Laniege and Sulwhasoo, Amorepacific was struggling even before COVID-19, and the pandemic has ushered in a slew of lifestyle changes that have made cosmetics less central to women s daily routines.

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