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Foreign smartphone shipments in China slump 47% in November

BEIJING (Reuters) – Shipments of foreign-branded smartphones, including Apple Inc (NASDAQ:AAPL)’s iPhone, in China fell in November by 47.4% from a year earlier, according to data released on Friday from a government-affiliated research firm. Calculations based on the data from…

Taiwan stocks lower at close of trade; Taiwan Weighted down 0.88%

Investing.com – Taiwan stocks were lower after the close on Friday, as losses in the , Oil, Gas & Electricity and Computers & Peripherals sectors led shares lower. At the close in Taiwan, the Taiwan Weighted fell 0.88%. The best…

Earthquake of magnitude 4.7 strikes Cobb, California, USGS says

(Reuters) – An earthquake of magnitude 4.7 struck Cobb in northern California on Wednesday, the United States Geological Survey (USGS) said. The quake was at a depth of 1.1 Km (0.68 mile), the USGS said. This post appeared first on…

Indonesia says 2024 budget deficit lower than 2.7% of GDP estimate

JAKARTA (Reuters) -Indonesia’s budget deficit for the 2024 fiscal year came in below the government’s most recent estimate of 2.7% of gross domestic product, Finance Minister Sri Mulyani Indrawati said on Thursday. Without mentioning the exact figure, Sri Mulyani said…

Morning Bid: Markets usher in 2025 with Trump trepidation

A look at the day ahead in European and global markets from Rae Wee An air of caution lingered over markets on Thursday as Donald Trump’s impending return to the White House – and his plans for hefty import tariffs,…

Indonesia’s Dec inflation at 1.57% y/y, as expected

JAKARTA (Reuters) – Indonesia’s annual inflation rate in December was 1.57%, barely changed from 1.55% in the previous month, official data showed on Thursday, and close to economists’ estimate of a 1.60% rate in a Reuters poll. The annual core…