Just in:  

You are here: Home»Business»Industries & Sectors

Industries & Sectors


Software AG Q4 operating profit slightly below expectations FRANKFURT: Germany's Software AG reported a fourth-quarter operating profit which was slightly below average expectations.Germany's second-largest business software maker said fourth-quarter earnings before interest and taxes (EBIT), excluding special items rose 1 percent to 71.4 million euros ($81.19 million).That was slightly below the average expectation of 72.7 million euros in a Reuters poll, with individual estimates ranging between 70.4 million euros and 74.9 million. Software AG said it expects 2015 EBITA-margin of between 27.5-28.5 percent.Copyright Reuters, 2015 ...

LG Display Q4 profit at four-year high, 2015 growth seen strong SEOUL: South Korea's LG Display Co Ltd booked its highest quarterly profit in almost four years on Wednesday, buoyed by firm demand for liquid crystal displays (LCD) from television makers and client Apple Inc .The profit was in line with expectations and analysts say the world's top LCD maker will likely see strong earnings growth this year as well, as demand for high-end televisions is expected to further increase.Apple also reported record iPhone sales for ...
SK Hynix Q4 profit doubles to record level SEOUL: South Korean chipmaker SK Hynix said Wednesday its profits more than doubled in the fourth quarter to a record high, thanks to the soaring popularity of new mobile devices such as Apple's iPhones. Net profit for October to December last year amounted to 1.6 trillion won ($1.5 billion), up 106 percent from a year ago, the Icheon-based company said in a statement. Operating profit jumped 112 percent to 1.7 trillion won and sales rose ...
Japan's Canon posts 10pc profit rise on weak yen TOKYO: Japan's Canon said Wednesday that net profit grew 10.5 percent in 2014 owing to the impact of a weak yen and cost cuts as well as strong demand for its office equipment.The camera and copier maker's annual profit came in at 254.8 billion yen ($2.2 billion), while operating profit rose 7.8 percent from a year ago to 363.5 billion yen.Sales edged down 0.1 percent to 3.7 trillion yen but the profit gains came thanks ...
Japan's Nintendo says Apr-Dec net profit surges six-fold to $504mn TOKYO: Japanese videogame giant Nintendo said Wednesday its April-December net profit soared six-fold to $504 million as a sharply weaker yen boosted its bottom line and helped offset slowing sales.For the fiscal year to March 31, the Kyoto-based company also raised its annual net profit forecast to 30 billion yen ($254 million), from an earlier 20 billion yen estimate, but the Super Mario creator trimmed sales and operating profit forecasts.Between April and December, Nintendo posted ...
Bombardier expects new orders after China high-speed train safety clearance BEIJING: Canada's Bombardier Inc expects to receive safety certification from China for its high-speed trains as early as next month, providing a springboard for more orders, the firm's top executive in the country said.The regulatory clearance, after years of tests, means Bombardier will be able to begin delivering 80 of its CRH380D trains first ordered in 2009, worth an estimated $2 billion to the Canadian firm. China tightened rail safety rules after 35 people died ...
Apple profit hits record on 'staggering' iPhone sales SAN FRANCISCO: Apple's quarterly profit rocketed to a corporate record $18 billion at the end of last year on booming sales of big-screen iPhone models, especially in China.The California tech titan also announced Tuesday that it had sold its one billionth device powered by its iOS mobile operating system, on a day of dizzying figures -- even by Apple's high standards.And it said that its highly anticipated Apple Watch wearable devices, unveiled last year to ...


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln