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BARCELONA: The mobile phone industry is now looking to the fast-growing demand for smartphones priced at US$100 or below as the market for fancier high-end devices has become saturated, but not all handset makers are able or willing to trade down.
TOKYO: Asian shares inched higher on Tuesday as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy - just as the U.S. Federal Reserve plans to end its bond-buying drive.
NEW YORK: U.S. stocks fell on Monday, led by the S&P energy index's biggest one-day percentage drop since late August as oil prices slid to their lowest point in nearly seven years.
NEW YORK: British banks could lose a good number of European and domestic corporate customers in the aftermath of Britain’s vote to leave the European Union in June, known as Brexit, according to a private study released on Tuesday.
By weakening the yen against the dollar, Donald Trump's shock victory in the Nov 8 US election succeeded in doing what Japanese policymakers have been struggling to do for most of this year. For investors, the weak yen means Japan's mighty exporters will be showing stronger earnings.
NEW YORK: Last year, the biggest winners in the high-yield bond market were investors who eked out any positive gains. This year, even returns of 15% aren’t enough to make the top rank.