Samsung Goes Toe to Toe With Apple
In Shanghai China (FXI, quote), Samsung (SSNLF, quote) released its Galaxy Tab S to the Chinese tablet market.
China
FTZ lifts barriers to overseas investment
More than 50 rules and restrictions governing foreign investment in Shanghai’s pilot free trade zone have been lifted in a bid to support its continued growth and development, a senior official said yesterday.
China’s June PMI at six-month high
Growth in China’s (FXI, quote) manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing.
Aussie dollar moves cautiously higher following RBA statement
Like the GBP/USD, the Aussie dollar is another currency pair which is now starting to break out from a recent phase of price congestion, but for the AUD/USD, this period of sideways price action has been in place for considerably longer than Cable, with the pair having been range-bound between 0.9150 to the downside and 0.9370 to the upside for some time.
Trade Alert – New Position – TWTR
Option Alert Service Signal New Trade Suggestion
China’s Twitter abuzz with Microsoft’s chat robot
Microsoft’s chat robot Xiaobing has been officially brought back to the public on the platform of Sina Weibo, the China’s twitter (TWTR, quote) on Wednesday.
Apple supplier to make bigger iPhones July in China
Apple Inc’s suppliers will begin producing larger versions of the iPhone in China (FXI, quote) next month, Bloomberg reported citing sources.
Premier: No Hard Landing for China
There will be no hard landing for China’s (FXI, quote) economy, Premier Li Keqiang said yesterday. It will continue to grow at a medium to high pace in the long term.
Chinese are drinking more coffee
A Chinese person drinks on average five cups of coffee a year. In a small town of south China’s Hainan province, this rises to 200 a year. The figure, which is comparable to the world’s average of 240 cups, has impressed international coffee dealers who are seeking to take a share of the market in China.
Asia shares mostly up, China inflation at 4-month high
Asian markets were mostly higher on Tuesday following fresh records on Wall Street, while Shanghai and Hong Kong headed higher after data showed Chinese inflation surged in May. Tokyo fell 0.85 percent, or 129.20 points, to finish at 14,994.80 owing…