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Despite strong gains this year, Samsung Electronics and SK Hynix shares are even less expensive than their U.S. counterparts.
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Investors are about to wrap up an unusual week in the stock market, when surprisingly strong job gains for January and an easing annual rate of consumer-price inflation failed to erase jitters about artificial intelligence's capacity to destroy industries.
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Wall Street was poised to open with gains early Friday as the technology sector clawed back a small portion of this week's losses and bitcoin's slide appeared to stabilize.
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EVER since Donald Trump's election, he has had in his sights the "worst deal ever"—the one reached in 2015 that sought to circumscribe Iran's nuclear ambitions. For a while the threat to the survival of the agreement looked more rhetorical than real. No longer. On January 12th the president signed the waiver that prevents the reimposition of nuclear-related sanctions on Iran for a further 120 days. But, against the advice of his national-security team at the time, he warned that this would be the last such waiver unless the European parties to the deal—Britain, France and Germany—worked with America to fix what he regards as the fatal flaws in the agreement.
The prospects for the deal became even bleaker on March 13th, when Mr Trump announced the sacking of Rex Tillerson. His replacement as secretary of state is Mike Pompeo, a fierce critic of the agreement, known more formally as the Joint Comprehensive Plan of Action (JCPOA). The replacement of H.R. McMaster as national security adviser nine days later by John Bolton almost...Continue reading
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