Yemen and China Sign Protocol on Seafood Exports to China
Yemen and China signed a protocol on inspection and health requirements for Yemeni seafood exports to China, strengthening economic cooperation between the two nations.
Gaza Casualty Toll Rises to 67,682 Martyrs and 170,033 Injured in Israeli Aggression
The casualty toll from the Israeli aggression on Gaza has risen to 67,682 martyrs and 170,033 injured since October 7, 2023.
Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.
Ghana qualifies for the 2026 World Cup
Ghana qualified for the 2026 World Cup after defeating Comoros 1-0 in the African qualifiers.
User Name: Password:
Samsung Electronics reports 86.1 percent decline in profits for Q1
[27/04/2023 08:49]
SEOUL-SABA
Samsung’s first-quarter net income fell 86.1 percent to 1.57 trillion won, the worst in 14 years, blaming slowing consumer spending due to uncertainty over the global economy.

The world's largest memory chip and smartphone maker reported today, Thursday, an operating profit of 640.2 billion won ($478 million) in the January-March period, down 95 percent from 14.12 trillion won a year earlier.

The company's net profit income dropped to 1.57 trillion won from 11.32 trillion won in the same period a year earlier, while sales reduced with 18 percent to came 63. 74 trillion won.

The Samsung's chip division reported 4.58 trillion won in losses, its first operating loss since 14 years


Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan
Oil Prices Stabilize Amid Global Demand Optimism
Gold exceeds $4000, achieves new weekly gains
Gold surpasses $3,900 per ounce for first time
Russian central bank announces currency exchange rates against ruble
Oil rises from its lowest level in 16 weeks
Total of Korean companies grows in 2024 despite industrial companies decline
IMF reduces its global growth forecast to 2.8 percent in 2025
Gold rises as investors assess statements of U.S. Federal Reserve Chairman
Exports, imports decrease in Iraq in Q2 of 2025

About Saba News Agency | Usage Agreement | Contact Us