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Finance & Markets

US Treasuries Stumble as Strong Labor Market Lifts Fed-Hike Bets

Treasuries dipped after an unexpected surge in US job growth led traders to add to wagers that the Federal Reserve will raise interest rates when officials next meet in December.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Samyang Foods Posts Record Third-Quarter Sales and Profit

Samyang Foods achieved its highest-ever quarterly performance, recording 791.8 billion won (about $584 million) in consolidated sales and 196.2 billion won in operating profit in the third quarter of…

  • Samyang Foods achieved record third-quarter sales of 791.8 billion won.
  • Buldak brand sales in US and Europe grew by 29.4% year-over-year.
  • Operating profit increased by nearly 50% compared to the same quarter last year.

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