China smartphone sales fell 13% Y/Y during the 618 shopping festival as brands raised prices to offset higher memory costs, according to Counterpoint Research
Newsquawk Staff ·
- All major Chinese brands except Huawei posted double-digit drops.
Sources
- Japanese Finance Minister Katayama says they are to accelerate virtuous cycle of investment, wage gain.
- China's Finance Minister says APEC members support private sector funding, promoting innovation financing and encouraging development banks to play a catalytic role
- Dalian Commodity Exchange says hog futures have seen large price swings; urges members to strengthen investor education and risk controls; says investors must participate rationally and in compliance
- Japanese PM Takaichi says she does not expect to seek a mandate after the two-year tax cut
- South Korean Finance Minister and Central Bank Governor held a meeting with the Fed and US Treasury Department
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