Bloomberg Apple Inc’s iPhone shipments in China rebounded in March as the world’s second-largest economy worked to reboot its manufacturing industry following the disruption caused by the novel coronavirus outbreak. Shipments of Apple’s marquee device jumped 19% in March from a year earlier to 2.5 million units, according to Bloomberg calculations based on monthly data from the China Academy of ...

Bloomberg The coronavirus outbreak will reduce Japanese automakers’ combined operating profit by 38% this fiscal year, but the manufacturers may rebound faster than they did after the global financial crisis more than a decade ago, analysts at Goldman Sachs Group Inc said. Demand could “recover relatively quickly” once the pandemic nears an end, Kota Yuzawa and other analysts wrote in ...

Bloomberg China has started the process of potentially merging its two biggest brokerage firms to create a company that can better compete with the global investment banks as the country opens up its financial markets, according to people familiar with the matter. Citic Securities Co and CSC Financial Co, along with their government shareholders Citic Group and Central Huijin Investment ...