Tag Archives: Markets

Apple Unveils Smaller, Cheaper iPhone SE for Emerging Markets

Apple Inc on Monday unveiled a smaller, cheaper iPhone aimed at new buyers, especially in emerging markets and China, as the technology company looks to reverse a decline in worldwide sales of its most important product. The new device, called the iPhone SE, has a 4-inch (10-cm) screen and starts at $399. It represents Apple’s second bid for the crowded ... Read More »

Xiaomi Mi 5 to Launch in Core Markets, Wider Availability Uncertain: Barra

Xiaomi on Wednesday unveiled its Mi 5 flagship smartphone at an event in China while also showcasing the smartphone at a limited media preview at MWC in Barcelona. With the global unveiling at its first showing at MWC, Xiaomi was expected to announce availability of its new flagship Mi 5 smartphone in western markets including Europe and US. It was ... Read More »

Xiaomi Mi 5 to Launch in Core Markets, Wider Availability Uncertain: Barra

Xiaomi on Wednesday unveiled its Mi 5 flagship smartphone at an event in China while also showcasing the smartphone at a limited media preview at MWC in Barcelona. With the global unveiling at its first showing at MWC, Xiaomi was expected to announce availability of its new flagship Mi 5 smartphone in western markets including Europe and US. It was ... Read More »

Lenovo Aims at Mature Markets With New ‘Augmented Reality’ Phone

China’s Lenovo Group is ready to break into mature markets this summer with the launch of its new smartphone which sports ‘augmented reality’ features developed under Google’s Tango project, its chief executive said on Tuesday. The device, which was announced at the 2016 CES consumer electronics show in Las Vegas in January, will launch in July, Chief Executive Yang Yuanqing ... Read More »

Asian Stocks Slip as China Markets Slide, Oil Prices Dip

Tokyo: Asian shares slipped on Thursday as crude oil prices seesawed and Chinese shares dived, rekindling anxiety about the impact of high market volatility on the global economy on the eve of a G20 meeting in Shanghai. Still, spreadbetters expected overnight gains on Wall Street to bolster European shares in early trading. “A late rebound in US trading saw US ... Read More »

Sensex Ends 113 Points Lower as Rail Budget Fails to Cheer Markets

3:35 p.m.: The Sensex ended 113 points lower at 22,976 and Nifty closed at 6,971, down 48 points. 3:02 p.m.: Selling pressure intensified in the last 30 minutes of trade. The Sensex fell 130 points to 22,958 and Nifty was down 52 points at 6,967. 2:49 p.m.: The markets turned flat in the late noon deals. The Sensex was down ... Read More »

Suresh Prabhu’s Passenger-Friendly Rail Budget Fails to Cheer Markets

Suresh Prabhu’s promise of achieving the best financial performance in nine years did not materialize The railways is expected to suffer a loss of Rs. 30,000 crore this year for subsidizing passenger fares, yet Railway Minister Suresh Prabhu kept ticket fares unchanged. The railways will also launch 44 new projects this year (valued at over Rs. 92,000 crore) in a ... Read More »

Sensex Rises Tracking Gains in Global Markets

Mumbai: India’s stock markets rose on Thursday, heading for their second straight day of gains, as stabilising crude oil prices lifted mining and energy firms, while stronger Asian stocks boosted investor appetite for riskier assets. Asian stocks rose across the board as crude oil steadied on hopes that big producers will cap output. Minutes from the US Federal Reserve also ... Read More »

BoJ Launches Negative Rates, Already Dubbed a Failure by Markets

Tokyo: The Bank of Japan’s negative interest rates came into effect on Tuesday in a radical plan already deemed a failure by financial markets, highlighting Tokyo’s lack of options to spur growth as global markets sputter. The central bank, which announced the shock decision on January 29, will charge banks 0.1 per cent for parking additional reserves with the BoJ ... Read More »

India Amongst Fastest Growing Smartphone Markets in Asia Pacific: IDC

Nearly 103.6 million smartphones were shipped in India in 2015 – an increase of 28.8 percent as compared to 2014 – positioning India as one of the fastest growing smartphone markets in the Asia Pacific region, said a report on Tuesday. According to International Data Corporation’s (IDC) “Quarterly Mobile Phone Tracker”, 25.6 million smartphones were shipped in India in the ... Read More »