Category: Markets

BusinessMarkets

Apple’s iPhone 17 Series Ignites Sales and Stock Surge Amid Strong Demand

Apple’s latest iPhone 17 series is reportedly outselling its predecessor in key markets, with the iPhone Air selling out in minutes in China. The surge in demand has propelled Apple shares to a record close, marking a significant rebound for the tech giant.

Strong Consumer Response to iPhone 17 Series

Apple’s newest iPhone 17 lineup is generating substantial consumer interest, with the Cosmic Orange finish on the Pro model drawing attention despite some criticism, according to reports. The series, which includes the base iPhone 17, Pro, and a slimmer Air variant, has been outperforming previous models in the U.S. and China, sources indicate. Counterpoint Research data suggests that sales have surpassed those of the predecessor, highlighting a positive reception in competitive markets.

by Natalie Brooks
EconomyMarkets

Vietnam Equity Market Plunges Following Bond Market Investigation Findings

Vietnam’s stock market faced its steepest decline since April after a government probe uncovered widespread bond market irregularities. The investigation revealed disclosure flaws and fund misuse in corporate bond sales totaling $17 billion issued between 2015 and 2023.

Market Reaction to Regulatory Findings

Vietnamese equities witnessed substantial declines on Monday, with the benchmark index dropping 5.5 percent according to market reports. This represents the most significant single-day decrease since the global market downturn in April. The sell-off followed the release of findings from a state investigation into corporate bond sales spanning nearly a decade.

by Natalie Brooks
MarketsTrade

Market Futures Climb Amid Trade War De-escalation Signals and Key Economic Data Ahead

President Trump’s softened stance on China trade relations sparked early market optimism. Investors now await key tech earnings and inflation data that could define this week’s trading trajectory.

Trade Tensions Ease as Presidential Rhetoric Shifts

Financial markets opened the week with cautious optimism as President Donald Trump reportedly softened his position on trade relations with China during a weekend television appearance. According to reports from Fox News‘ Sunday program, the President stated “I’m not looking to destroy China,” marking a notable shift from his August remarks about holding “incredible cards” against the economic power.

by Natalie Brooks