China's Xi Voices Support For Private Sector

China's Xi Voices Support For Private Sector

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Apple Record Earnings, Traders Weigh Big Tech, Fed Chair Pick Countdown

Business and finance news from the Asia-Pacific. Apple Inc. delivered record quarterly sales and a better-than-anticipated forecast for the current period, even as the company warned that rising component costs are threatening to squeeze margins. Revenue will rise 13% to 16% in t ...  Show more

Traders Assess Tech Earnings, Fed Outlook

A busy day for tech earnings across Asia and the U.S. Samsung's chip business posted a sharp profit jump on strong AI demand and announced a major buyback, while SK Hynix delivered its best quarter on record. In the U.S., Microsoft shares slipped as cloud growth slowed despite re ...  Show more

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