Shift
Apple India produces US$22b of iPhones in shift from China
Apple assembled US$22 billion worth of iPhones in India in the 12 months ended March, increasing production by nearly 60 per cent over the previous year in a sign...
Russian oil shipments shift to western tankers as prices slump
[LONDON] A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping tighten the market for those ships around...
Opec+ stuns oil market with policy shift to drive down price
[NEW YORK] For most of this decade, the Organization of the Petroleum Exporting Countries and its allies (Opec+) has been the world’s most stalwart defender of high oil prices....
How far can the Hang Seng Tech Index rise with AI and Beijing’s private-sector shift?
THE Hang Seng Tech Index Futures contract is based on the Hang Seng Tech index (HST), which tracks the 30 largest tech stocks listed in Hong Kong. HST saw...
Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of issuance.Japanese companies have sold 14.7 trillion...
Airbnb Co-Founder Joe Gebbia Set to Join Elon Musk’s DOGE Team Amid Political Shift
Joe Gebbia, co-founder of Airbnb and longtime friend of Elon Musk, is set to join the Department of Government Efficiency (Doge). The move marks another high-profile addition to the...
Meta starts eliminating jobs in shift to find AI talent
META Platforms began notifying staff of job cuts on Monday (Feb 10), kick-starting a process that will terminate thousands of people as the company cracks down on “low-performers” and...
Michael Saylor’s Strategy has another loss before accounting shift kicks in
MICHAEL Saylor’s Strategy, the new name announced earlier today for MicroStrategy, had a fourth consecutive quarterly loss as the company registered a US$1 billion impairment charge against its Bitcoin...
