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Apple warns of lower iPhone shipments as COVID curbs hobble China plant

By Ben Blanchard and Jaiveer Shekhawat TAIPEI (Reuters) - Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a

Apple distributor Redington Q2 profit up as India sales of phones, laptops rise (Nov.2)

(In Nov. 2 story, corrects company descriptor in headline and paragraph 3 to Apple distributor from Apple reseller) BENGALURU (Reuters) -India's biggest Apple and IT products distributor Redington Ltd

Dollar rises as China defends stringent COVID policy, dampening risk sentiment

By Rae Wee SINGAPORE (Reuters) - The dollar firmed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing hopes of an imminent reopening in the

Apple warns of hit to iPhone shipments from China COVID disruption

By Ben Blanchard and Jaiveer Shekhawat TAIPEI (Reuters) -Apple Inc expects lower shipments of high-end iPhone 14 models than previously anticipated following a significant production cut at a

Asia stocks resilient as Wall St slips, China trade disappoints

By Wayne Cole SYDNEY (Reuters) - U.S. stock futures and commodities slipped in Asia on Monday after Beijing denied it was considering easing its zero COVID-19 policy, though resilience in Asian

Gold retreats from three-week high as firmer dollar dulls appeal

By Ashitha Shivaprasad (Reuters) - Gold prices slipped on Monday from a three-week high scaled in the previous session, as the U.S. dollar regained some ground, making greenback-priced bullion more

Oil prices slide as hopes for China demand rebound fade

By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing

U.S. stocks slip as China sticks to pandemic policy

By Wayne Cole SYDNEY (Reuters) - U.S. stock futures slipped in Asia on Monday after Beijing denied it was considering easing its zero COVID-19 policy, helping the dollar recover some losses while

Dollar gains as China sticks to stringent COVID policy, souring risk sentiment

By Rae Wee SINGAPORE (Reuters) - The dollar climbed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing hopes of an imminent reopening in the

US stocks in Asia dips after China denies easing its ‘zero Covid policy’

Risk assets rallied on Friday amid speculation that China was set to relax the restrictions, but it reiterated adherence to a “dynamic-clearing” approach to Covid over the weekend.

On Camera

No more lip service on UNSC reforms—it’s time to form an implementation roadmap

Most of the UNSC’s failures stem from the use of veto power by the P5. In a world that champions democracy, the UNSC is inherently the most undemocratic entity possible.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?