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Business News

Asian stocks on edge hours before tariff deadline

SHANGHAI (Reuters) – Asian share markets were set for a bumpy ride on Friday just hours ahead of a U.S. deadline to impose tariffs on Chinese imports, which has rattled financial markets in recent weeks as investors feared it could trigger a full-blown global trade war.

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Business News

Samsung Electronics says second quarter profit likely grew 5.2 percent, slowest pace in over 12 months

SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings would grow at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings.

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