September, 2016

• 8 September

  Japan’s economy growth in Q2 beats expectations

  

    Bloomberg Japan’s economy expanded more than the government initially reported for the second quarter, helped by an upward revision in capital spending, private inventories and public investment. Key Points Gross domestic product expanded by an annualized 0.7 percent in the three months ended June 30, more than the initial reading of 0.2 percent, according to revised data from the ...

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• 8 September

  ‘Australia selling farm to China debunked as myth’

    Bloomberg Chinese investors hold just 0.38 percent of Australia’s agricultural land, Treasurer Scott Morrison said, citing a report which he said will allay concern among voters that the Asian nation is buying up farmland on a massive scale. A total of 13.6 percent of agricultural land is held by international investors, with 52 percent of that owned by U.K. ...

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• 8 September

  Record Oz iron exports seen presaging drop in prices

  

    Bloomberg Iron ore shipments from the world’s largest bulk-export terminal in Australia swelled to a record, offering fresh evidence of strong supply and underpinning forecasts of lower prices through the year-end. Exports from Port Hedland totaled 42.9 million metric tons in August from 38.7 million in July and 39.2 million a year earlier, data from the Pilbara Ports Authority ...

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• 8 September

  Saudi up but volume dwindles, profit-taking hits Qatar

  

    Riyadh / Reuters Petrochemical shares supported Saudi Arabia’s stock index on Thursday, benefiting from a bounce-back in crude oil prices, while Qatar underperformed as investors sold shares which had risen over the past month. Trade in some markets was thinned by the fact that Middle Eastern bourses will close for Eid al-Adha holidays during all or much of next ...

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• 8 September

  European shares fall as Draghi says QE extension not discussed

    Bloomberg Stocks in Europe fell the most in two weeks after President Mario Draghi said the European Central Bank didn’t discuss an extension to its bond-buying program at its latest meeting. The Stoxx Europe 600 Index dropped 0.8 percent to 347.62 at 2:32 p.m. in London, extending losses as Draghi explained the ECB’s decision to leave interest rates and ...

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• 8 September

  Apple updates key iPhone line

  

    Bloomberg Apple Inc. has rolled out updated products and new features that mostly relied on an old strategy. The most-valuable technology company is targeting pent-up appetite for new iPhones to reignite sales growth amid mounting investor concern that its pace of innovation is slowing. The iPhone 7 line includes camera upgrades, a faster processor, longer battery life and a ...

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• 8 September

  New iPhone may not turn the tide in China

  

    Bloomberg Apple Inc. badly needs another smash hit in China. The new iPhone may not be it. The world’s most valuable company is counting on the latest iteration of its flagship product to regain the top spot in the world’s largest smartphone market. But unlike in years past, the iPhone 7 offers little new for Chinese consumers: no affordable ...

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• 8 September

  Nintendo turns to Mario on iPhones to top Pokemon Go success

  

    Bloomberg Nintendo Co. finally unveiled plans to bring Mario to smartphones. Now comes the hard part. Super Mario Run introduces the mustachioed plumber to the iPhone as a game app in December, just in time for the holidays. This followed years of anticipation that bringing together the Kyoto-based company’s iconic characters and mobile gaming would be a recipe for ...

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• 8 September

  Acer gaming notebooks take a curve

  

    Emirates Business Acer has unveiled its new Predator 21 X gaming laptop with the world’s first curved screen in a notebook, a series of monitors with the latest eye-tracking technology and GPU updates to the Predator 15/17 series. This announcement at IFA 2016 reinforces Acer’s dedication to premium gaming with a focus on expanding the number of high-performance Predator ...

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• 8 September

  New level of adrenaline for off-roading

  

    Emirates Business MTM Powersports — owned by the Al Masood family — is on course to add a new level of adrenaline to the UAE off-roading scene as it unveils the Can-Am Maverick X3, Bombardier Recreational Products’ (BRP) flagship performance side-by-side vehicle. With a raft of features that deliver an outstanding off-road ride experience, the vehicle is engineered to ...

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