Yesterday, Samsung reported its first annual earnings decline in three years, as strong chip earnings failed to make up for weaknesses. Earnings from smartphones and other mobile gadgets dropped to 1.96 trillion won, but its semiconductor division reached its highest profit in more than four years. Today features a double dose of graphics summarizing Samsung earnings, showing operating profit/loss by segment, and share price performance.
The Chinese economy grew at its slowest pace in 24 years in 2014. Provinces have in response lowered their GDP targets for 2015, with Shanghai eliminating its target altogether. Today’s graphic tracks the growth targets across Chinese provinces.
Apple smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season, powering the company with an $18 billion profit, the largest in corporate history. Today’s graphic looks at Apple’s rise in net profit and revenue, as well as the company’s revenue breakdown by region.
Last week, the Central European Bank launched a landmark bond buying program that runs from March this year until September next year. Today’s graphic looks at market reactions when the U.S. implemented its quantitative easing policies.
Israel’s high tech industry is a major growth engine and investment magnet. High-tech goods and services account for 12.5% of Israel’s GDP and half of its industrial exports. Israel leads the OECD when it comes to R&D, spending 4.3% of GDP on it, nearly twice the OECD average. The last available full data set (from 2012) is reflected in the graphic below, showing Israel’s high (and later rising) rank in R&D expenditure.
Despite all the mixed results, consumers are telling us that they feel good about the economy. The latest reading on the Thomson Reuters Ipsos Consumer Outlook Index remains stable over the last month’s strong showing. What’s more, the current and job indices show an increase over the previous month – another sign of a positive trend. This also tells us that consumers see fewer job losses and feel more confident about the current economy. People are also reporting recovery in their local economy’s job creation picture and improved spending power within their circles. All this might lead to further optimism about the future of the economy. Read more about what’s going on in the average consumer’s world.
On Tuesday, the World Bank predicted the global economy would grow 3% this year, below a forecast of 3.4% made in June. The World Bank also lowered its global growth forecast for 2015, and suggested world GDP growth will reach 3.3% in 2016, before dipping to 3.2% in 2017. Today’s graphic breaks down their GDP growth forecasts.
A rally in global wheat prices and a looming tax on Russian exports have set the stage for a resumption in India’s overseas sales, although cheaper European supplies could provide stiff competition. Today’s graphic shows the top 10 importers and exporters of wheat as well as the percent change in price.
Italians and Americans score at the bottom when it comes to correctly assessing basic facts of modern life, such as what proportion of the population are immigrants or Muslims, an Ipsos MORI survey shows. Today’s graphic ranks a selection of countries by the gap between their guesses and the actual figures on the subject of immigration and religion.
Falling fuel costs and a softer Aussie dollar are bolstering the near-term prospects of Australia’s small miners. The three charts below show the falling price of iron ore, AU$/US$, and the S&P/ASX 300 Metals and Mining Index.