Bloomberg Samsung Electronics Co. posted quarterly profit that topped analyst estimates on growth in its memory chip business, but signaled caution in semiconductors by announcing a cut in capital spending for the year. Net income rose to 13 trillion won ($11.4 billion) in the three months ended September, the Suwon, South Korea-based company said in a filing on Wednesday. That ...

Bloomberg The Philippines’ biggest companies face another year of significant repayments of US dollar debt after record amounts came due in 2018, even as a slumping peso makes it costlier to pay back. A total of $4.9 billion in dollar bonds and loans have matured or will still come due in 2018, more than four times the amount last year ...

Bloomberg General Electric Co. plunged the most in nine years after the company disclosed an expanded federal accounting probe and worsening troubles at its ailing power business. The Securities and Exchange Commission is widening its investigation of the company’s accounting to look at a $22 billion charge in the power-equipment unit, the company said as it reported earnings for the ...