SEOUL: Samsung Electronics said Friday it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.

OTTAWA: Canada’s trade surplus soared in February, mainly due to “all-time high” exports of gold, Statistics Canada announced.

GUANGZHOU: China has extended its manufacturing domination to clean energy industries in recent years, alongside a global push for climate change action, but that is starting to worry the United States, Europe and others.

HONG KONG: Stocks fell Friday and oil extended the previous day’s surge on worries that Zionist war with Hamas could widen to a regional conflict with Iran as both sides ratcheted up tensions.

LOS ANGELES: The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas, a study showed, bolstering a key pillar of the state’s drive towards net zero.

MUMBAI: India’s central bank kept interest rates unchanged for the seventh time in a row on Friday, with the world’s fifth-largest economy seeing both lingering inflation risks and strong economic growth.

FRANKFURT: Sales of new cars in Germany fell in March, official data showed Thursday, dragged down by plummeting demand for electric vehicles following the phase-out of government incentives.

WASHINGTON: The US trade deficit expanded in February by more than analysts expected to reach its highest level since April 2023, as imports once again exceeded exports, according to government data published Thursday.

GUANGZHOU: US Treasury chief Janet Yellen warned during a visit to China on Friday that Beijing’s subsidies for industry could pose a risk to global economic resilience.