China carries big risks for investors, money manager suggests

Investors may want to reduce their exposure to the world’s largest emerging market. Perth Tolle, who’s the founder of Life + Liberty Indexes, warns China’s capitalism model is unsustainable. “I think the thinking used to be that their capitalism would lead to democracy,” she told CNBC’s “ETF Edge” this week. “Economic freedom is a necessary, but not sufficient … Read more

Samsung profit misses estimates, falls sharply from previous quarter as costs rise

Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Samsung Electronics on Friday reported better-than-expected fourth-quarter revenue, though its operating profit dropped sharply from the previous three months due to higher R&D expenses in its chips segment. Here are Samsung’s fourth-quarter results compared with … Read more