-
6 days ago | 
gurutrade.com | Liz Lee |Che Pan |Brenda Goh |Edwina Gibbs
BEIJING, April 18 (Reuters) - Apple's shipments of smartphones in China slumped 9% in the first quarter from a year earlier and it was the only major manufacturer to see a decline, according to data from research firm IDC.
Apple, which ranks fifth in China's smartphone market, saw shipments fall to 9.8 million phones, giving it a market share of 13.7%, down from 17.4% in the previous quarter.
It was Apple's seventh straight quarter of decline.
-
1 week ago | 
today.westlaw.com | Selena Li |Sumeet Chatterjee |Edwina Gibbs
HONG KONG (Reuters) - China has been looking at allowing Western firms such as Citadel Securities and Jane Street to act as market makers in its rapidly growing exchange-traded...
-
2 weeks ago | 
today.westlaw.com | Nichola Groom |Edwina Gibbs
(Reuters) -U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of efforts by Trump's...
-
2 weeks ago | 
gurutrade.com | Edwina Gibbs
SHANGHAI, April 7 (Reuters) - China's sovereign fund Central Huijin Investment said on Monday it is increasing holdings in China stocks and will defend market stability - comments that follow a slide in local shares amid fears a widening trade war will unleash a deep recession.
-
3 weeks ago | 
gurutrade.com | Rae Wee |Shri Navaratnam |Edwina Gibbs
Currencies largely subdued ahead of Trump's tariff reveal
Dollar up slightly, worries about darkening U.S. economic outlook persist
White House Rose Garden announcement scheduled for 2000 GMT
SINGAPORE, April 2 (Reuters) - The dollar firmed a touch and other currencies held in tight ranges on Wednesday as traders anxiously awaited details of U.S. President Donald Trump's tariff plans later in the day that could set the tone for markets in the near term.
-
3 weeks ago | 
gurutrade.com | Summer Zhen |Vidya Ranganathan |Edwina Gibbs
HONG KONG, April 1 (Reuters) - Jane Street, one of the world's largest quant trading firms and market makers, is planning a sharp increase in Hong Kong office space, two people familiar with the matter said.
The New York-based firm is negotiating with landlord Hongkong Land to lease two more floors at Chater House, an office tower in the business district of Central, they said, speaking on condition of anonymity.
-
3 weeks ago | 
today.westlaw.com | Luc Cohen |Alexia Garamfalvi |Edwina Gibbs
(Reuters) - The Democratic Party on Monday asked a U.S. court to block Republican President Donald Trump's executive order overhauling the election system, arguing the changes risked denying eligible U.S. citizens the right to vote.
-
1 month ago | 
gurutrade.com | Amy Lv |Edwina Gibbs
BEIJING, March 17 (Reuters) - China's customs authorities have denied reports that they plan to go slow on inspections of imported coal, potentially leading to fewer imports.
China's General Administration of Customs said in a Weibo post on Sunday that it was aware of reports online that customs inspections would be delayed from April 1, resulting in longer clearance times.
"This information is false," the post said.
-
1 month ago | 
gurutrade.com | Leika Kihara |Christian Schmollinger |Edwina Gibbs
TOKYO, March 11 (Reuters) - Major Japanese financial institutions have seen their profitability strengthen due to rising interest rates, the central bank said on Tuesday.
But some lenders faced challenges in estimating the impact of interest rate hikes on their profitability, the Bank of Japan said in an annual report on the country's banking sector.
-
1 month ago | 
datamarnews.com | Marcelo Teixeira |Edwina Gibbs
A recent Reuters poll predicted that Arabica coffee prices could fall 30% by the end of the year, as high prices curb demand and early signs point to a bumper Brazilian crop next year. But until prices drop significantly, much of the coffee industry could be in for a world of pain. A chief executive of a major roaster in the United States – the world’s largest market for coffee consumption, said some of his clients are not sure they can continue to be in business.
