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Technology 28 Apr 2018 | 12:00 AM Premium

Tech stocks take a beating

THE odds do not seem to favour technology-based stocks overall at present, with market leaders such as Apple Inc tanking to a near-2½-month low.

Corporate News 20 Feb 2018 | 3:32 AM Premium

Samsung Electronics to slash OLED panel production as iPhone X demand disappoints

TOKYO: Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc's decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday

Markets 30 Jan 2018 | 10:47 AM Premium

Stocks sucked under by bond market breakout

LONDON: World stocks were in their biggest two-day dive in six months on Tuesday and commodities were also jammed in reverse, as rising U.S. borrowing costs cooled financial markets' euphoric start to the year.

Markets 27 Dec 2017 | 10:32 PM Premium

US, global stocks climb as copper rally points to strong economy

NEW YORK: Global stocks edged higher on Wednesday, shrugging off faltering oil prices and reports of soft iPhone X demand, as a rally in copper buoyed expectations for a strong year for the global economy in 2018

Markets 27 Dec 2017 | 2:59 PM Premium

Wall St little changed; oil drop weighs on energy shares

NEW YORK: US stocks were little changed in morning trading on Wednesday, with gains in healthcare and technology stocks helping offset losses in energy shares.

Markets 27 Dec 2017 | 1:26 AM Premium

KLCI opens higher, oil retreats following overnight price spike

KUALA LUMPUR: The local benchmark index opened higher on Wednsday, rising 1.31 points in early trade to 1,761.30 points

Markets 26 Dec 2017 | 10:40 PM Premium

Wall Street slips on tech sector weakness

NEW YORK: U.S. stocks declined on Tuesday as Apple and shares of its parts suppliers weakened on a report of soft iPhone X demand, which pulled technology shares lower.

Markets 26 Dec 2017 | 2:51 PM Premium

Apple drags Wall Street lower

NEW YORK: Wall Street’s main indexes came under pressure on Tuesday following a 2.8% drop in Apple’s shares on a report of weak iPhone X demand.

Corporate News 30 Oct 2017 | 10:52 PM Premium

Apple touches record as brokerages bullish on iPhone X demand

NEW YORK: Several analysts downplayed concerns about Apple Inc's iPhone X production issues and were bullish on demand and sales, pushing the company's shares to a record on Monday.

Technology 30 Oct 2017 | 5:43 PM Premium

Apple touches record as brokerages bullish on iPhone X demand

BENGALURU: Several analysts downplayed concerns about Apple Inc’s iPhone X production issues and were bullish on demand and sales, pushing the company’s shares to a record on Monday.