Recent Posts

Apple to begin making iPhones in India by April end

  Bloomberg Apple Inc. will begin assembling iPhones in India by the end of April, a regional minister says, heightening its focus on the world’s fastest-growing major smartphone market as growth slows elsewhere. The US company has tapped Taiwan’s Wistron Corp. to put together its phones in the tech capital of Bangalore in Karnataka, said Priyank Kharge, the state’s information ...

Read More »

China’s global homebuyers short on cash

  Bloomberg China’s escalating crackdown on capital outflows is sending shudders through property markets around the world. In London, Chinese citizens who clamored to purchase flats at the city’s tallest apartment tower three months ago are now struggling to transfer their down payments. In Silicon Valley, Keller Williams Realty says inquiries from China have slumped since the start of the ...

Read More »

Apple, Microsoft borrow now instead of waiting for tax shift

  Bloomberg This year, tax reform could give US companies access to hundreds of billions of dollars they have stashed overseas. Many corporations can’t wait that long. Apple Inc. and Microsoft Corp. combined sold $27 billion of debt this week to fund their daily operations, repay maturing debt, and buy back shares. Those bond sales might be unnecessary if new ...

Read More »
Send this to a friend