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Samsung tops global TV market in 2015

Seoul / DPA South Korean tech giant Samsung Electronics has added a new chapter to the history of the global TV market as it topped the segment last year for the 10th consecutive year. According to global market research firm IHS, Samsung was the world’s largest TV seller in 2015 on the back of the strong performance of its high-end ...

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Japan may reduce rates again: BoJ Dy Governor

Tokyo / Bloomberg Bank of Japan (BoJ) Deputy Governor Hiroshi Nakaso indicated the central bank is prepared to take its benchmark rate deeper into negative territory, though not immediately. “We have designed a policy that technically allows us to cut the level further,” Nakaso told reporters in Okinawa Thursday, referring to a minus 0.1 percent interest rate policy the central ...

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Billionaire Pan’s Goldin beats rivals for US$821 million plot

Victoria City / Bloomberg Hong Kong’s exclusive club of residential property developers will have to make room for a new entrant after billionaire Pan Sutong’s Goldin Financial Holdings Ltd., beat out other bidders including Cheung Kong Property Holdings Ltd. to win a land site for HK$6.38 billion ($821 million). Goldin, a relatively unknown company that’s among the worst performers in ...

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