Tag: China

HardwareMarketsTechnology

Apple iPhone 17 Sales Momentum Fuels Tech Stock Rally, Credit Concerns Linger

U.S. stocks surged Monday as Apple reached new heights following strong iPhone 17 sales data. Meanwhile, banking executives warn of potential credit contagion from recent auto lender bankruptcies, echoing concerns from previous financial crises.

Tech Stocks Rally on Apple iPhone 17 Performance

U.S. stock markets experienced broad gains Monday as technology shares, led by Apple, drove major indices higher. According to market analysis, Apple surged to a new record high after research firm Counterpoint Research concluded that iPhone 17 sales were significantly outperforming early iPhone 16 sales figures.

by Priya Kapoor
EconomyPolicyTrade

U.S.-Australia Critical Minerals Partnership Spurs Market Optimism Amid Implementation Questions

A new critical minerals agreement between the United States and Australia has ignited investor enthusiasm in mining sectors. While political leaders celebrate the strategic partnership, industry experts caution that significant details remain unresolved and challenging China’s market dominance will require substantial time and investment.

Strategic Minerals Agreement Sparks Market Reaction

A newly signed critical minerals deal between the United States and Australia has reportedly triggered a rally in mining stocks, according to market analysts. The agreement, signed by U.S. President Donald Trump and Australian Prime Minister Anthony Albanese in Washington, has generated investor optimism about potential projects that could diversify global supply chains for minerals essential to defense and modern technologies.

by Priya Kapoor
EconomyTrade

China’s Economic Growth Moderates to 4.8% Amid Trade Pressures and Domestic Challenges

China’s economy expanded at a 4.8% annual rate in Q3, the slowest pace in a year, as trade tensions and domestic demand issues weigh on growth. Despite export diversification and strong electric vehicle sales, property sector declines and consumer spending remain concerns.

Economic Growth Moderates in Third Quarter

China’s economy grew at an annual rate of 4.8% in the third quarter, representing the slowest pace of expansion in a year, according to government reports released Monday. The Chinese economy showed clear signs of cooling from the previous quarter’s 5.2% growth rate, with analysts suggesting trade tensions and domestic demand weaknesses as primary contributing factors.

by Priya Kapoor