Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Apple Chief Executive Tim Cook is confident that emerging markets like India will provide more opportunities for growth, with their youthful populations and relatively few iPhones.
iPhone sales jumped 1.5 percent to $51.3 billion for its fiscal second quarter even as global smartphone shipments fell 13 percent in January to March, according to research firm Canalys, whose data showed Apple gained market share from Android phones.
Apple said it set sales records in several countries across South Asia, Latin America and the Middle East.
Cook credited such markets where the company is luring away Android phone users.
He added that there’s a great opportunity for them in those markets because of their low share and the dynamics of the demographics,
Apple, which recently opened its first two retail stores in Mumbai and Delhi, set a quarterly record, and enjoyed a double-digit percentage growth in India year-over-year.
Cook noted that there are a lot of people coming into the middle class in India, and he really feels that India is at a tipping point.
Apple was the second biggest revenue generating brand in India in 2022, second only to Samsung, as it gained 18 percent of the total value of smartphone shipments, according to research firm Counterpoint.
