Apple Inc.’s falloff in demand for iPhones in China shows the company’s flagship product is hurt by its high price and the rise of cheaper, more comparable competitors in the world’s biggest … ( read…
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KBank looks to startup tech to support the digital bank
KBANK China has plan to inject Bt8 billion in Chinese startups within the next five years in order to utilise disruptive technology to support the digital bank. Vongpat Bhuncharoen, president of KBank … ( read…
Policy change at China’s bank of Kunlun cuts Iran sanctions lifeline
Bourse and Bazaar | Maziar Motamedi: Bank of Kunlun, the state-owned bank at the heart of China’s trade with Iran, has made a dramatic change in its policies, informing clients that it will no longer…
Munster: China is only two-thirds of Apple’s problem
But while Cook “probably emphasized a little more on the China impact, we see that as two-thirds of the reason for the shortfall,” Loup Ventures Managing Partner Gene Munster said on Yahoo Finance’s M… (…
China warnings signal Trump’s trade war finally hitting home
China, the world’s second largest economy, likely expanded at more than 6 percent last year, reflecting a slowdown from years past and, in recent months, its most tepid rate since the depths of the gl……
‘Apple Effect’ unlikely to hurt global brands’ China pipelines
China’s total construction pipeline as of Q3 stood at 2,642 hotels and 569,690 rooms—up 9 percent by projects and 6 percent by rooms year-over-year, according to the latest report by Lodging Econometr… ( read original…
China Is Cutting Back on iPhones. Louis Vuitton Handbags Could Be Next
Retailers and investors are watching to see whether that spending holds up. “Luxury brands still benefit from a formidable capacity to recruit new consumers in China,’’ HSBC analysts led by Erwan Ramb… ( read original…
Canadian officials going ahead with China trip, despite tensions with Beijing
Despite the heightened state of political tension between Ottawa and Beijing, MPs and senators plan to proceed with a trip to China this week. Senators Victor Oh and Joseph Day and MPs Michael Cooper, ……
Apple’s slowdown in China ripples through global financial markets
Global markets shuddered Thursday after Apple said China is buying fewer iPhones, amplifying fears that the world’s second-biggest economy is fading. Apple chief executive Tim Cook pointed to the unfo… ( read original story …)
Apple’s Glum News About China Sales Sends Stocks Lower
Apple gave stock investors another reason to worry about the Chinese economy, and they reacted on Thursday with a retreat from global markets. The company surprised shareholders on Wednesday by warnin… ( read original story…
China will not rule out reclaiming Taiwan using military force, Xi Jinping has warned
Xi Jinping has warned China will not rule out the threat of military action to reclaim Taiwan. In one of his most noteworthy addresses on the issue of Taiwan since he came to power, the…
The US and China are in a quantum arms race that will transform warfare
This advantage is now under threat. In November 2018, China Electronics Technology Group Corporation (CETC), China’s biggest defense electronics company, unveiled a prototype radar that it claims can … ( read original story …)
Apple is trying to steal business from China’s homegrown smartphone players
Cook blamed the macroeconomy and U.S.-China trade tensions, but said the company won’t “sit around waiting for the macro to change” in an interview with CNBC. The iPhone maker has come up with what it…
