Bloomberg The rush to upgrade smartphones may be ebbing, prompting economists to dial back the outlook for Asian exporters. Early indications, including signs of disappointing orders, point to a mixed reaction to the latest iPhones, hurting the share prices of Apple Inc.’s Asia-based suppliers. Given that smartphone improvements help power demand for electronics components from supply-chain powerhouses such as South ...

Bloomberg Jaguar Land Rover pulled the plug on a 2008 agreement with Ford Motor Co. to supply gasoline engines from a facility in Wales, compounding the struggles the UK plant already faces due to uncertainty caused by Brexit. About half the staff at Ford’s Bridgend factory, or roughly 750 people, depend on the deal to make V6 and V8 engines ...

Bloomberg The Philippines plans to amend its Constitution next year to help ease restrictions on foreign investment, Finance Secretary Carlos Dominguez said. Dominguez informed Japanese investors in a recent forum in Tokyo that the government is also reviewing its so-called Foreign Investment Negative List to increase foreign ownership limits in the areas of construction and other sectors, the Finance Department ...