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Jamie Freed on Muck Rack

Jamie Freed

Verified
Sydney
As seen in: Reuters, MSN, MSN Australia, MSN Canada, MSN Ireland, MSN Singapore, MSN UK, UOL, Business Insider, Daily Mail, MSN Malaysia and
Global news desk editor @Reuters. Former long-time aviation correspondent. Californian-Australian frequent traveller.
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Articles

Korean Air Q2 Profit Falls 34% Despite Record Revenue

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By Julie Zhu Verified, Jamie Freed Verified
| GuruTrade
HONG KONG, July 13 (Reuters) - Korean Air Lines reported a 34% drop in second-quarter operating profit ​on Monday, as surging fuel costs weighed ‌on earnings despite the carrier posting record revenue for the quarter. The South Korean flag carrier said ​operating profit for the April-June period fell ​to 261.8 billion won ($174.52 million) from 398.9 ⁠billion won a year earlier. Revenue climbed ​to a 5.02 trillion won, up 26% year-on-year, ​a record for the second quarter.
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TSMC Posts Record Revenue in Second Quarter on AI Demand

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By Ben Blanchard Verified, Thomas Derpinghaus, Jamie Freed Verified
| GuruTrade
TAIPEI, July 13 (Reuters) - TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue that rose 36% from a year ​earlier to a record high on surging interest in artificial ‌intelligence applications. Revenue in the April-June period of this year came in at T$1.27 trillion ($39.62 billion), according to Reuters calculations, slightly above a T$1.264 trillion ​LSEG SmartEstimate drawn from 20 analysts.
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Dollar Climbs on Renewed Middle East Attacks, Hormuz Closure

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By Gregor Stuart Hunter Verified, Jamie Freed Verified, Kevin Buckland Verified
| GuruTrade
Greenback draws bids on bets Fed rate hikes could come sooner Jump in energy prices reignites global inflation concerns US inflation data, Warsh testimony may offer clues on rates SINGAPORE, July 13 (Reuters) - The dollar rose against most of its peers as a renewal of hostilities in the ‌Middle East fanned inflation fears and raised prospects for interest rate hikes among global central banks. Against Japan's currency , the dollar was up 0.2% at 162.075 yen.
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