India is now one of Apple's top 5 iPhone markets for the first time
India contributed close to 4% of all iPhone sales for Apple in the second quarter, growing 50% year-on-year, according to Counterpoint Research.
CNBC Asia
Singapore is facing a wave of political scandals. Here's what we know so far
Singapore's ruling People's Action Party has been hit by two resignations, a corruption investigation and public outcry over ministerial conduct.
India's reliance on Russian oil may be 'approaching a limit'
India's imports of Russian oil has reached a peak for the rest of the year due to infrastructural capacity limitations and curtailed exports from Russia.
Wheat prices surge after Russia ends grain deal. And it's not good news for the world's food supply
Analysts described the demise of the Black Sea Grain Initiative as both an inevitable setback and a blow to markets.
China reports second-quarter GDP miss, another record high in youth unemployment
Analysts expect a faster pace than the first quarter, but it comes off a low base due to the lockdowns in Shanghai in April and May last year.
India will account for 20% of Apple's user growth over the next five years, Morgan Stanley estimates
Morgan Stanley analysts increased their price target and said that India could create $40 billion in revenue for Apple over the next decade.
Singapore's workers want to stay remote, but employers are backtracking on flexibility
While working professionals remain "keenly interested" in remote work, employers have been far less likely to mention "work from home" in postings, said Indeed Singapore.
Two Singapore lawmakers resign after admitting to 'inappropriate relationship'
Two lawmakers from the ruling PAP resigned Monday after admitting to an "inappropriate relationship" with each other.
Singaporean billionaire given arrest notice in anti-graft probe involving country's transport minister
Ong, managing director of Singapore-listed hotel owner and operator Hotel Properties Limited, has been asked to provide information on his interactions with Iswaran.
China's central bank says consumer prices will likely drop in July
China's consumer prices will likely decline in July before recovering, Liu Guoqiang, deputy governor of the People's Bank of China, told reporters Friday.
Inflation is 'history' for the U.S, says veteran economist Steve Hanke
Veteran economist Steve Hanke's believes the U.S. no longer an inflation problem.
Singapore's gig workers are its most financially stretched group, DBS study says
The expense-to-income ratio of gig workers was 112% in May 2023 — "significantly higher" than the median customer's 57%, the country's largest bank said.
Germany urges companies to 'de-risk' from China, emphasizes it is not seeking a decoupling
Germany on Thursday said that there is an urgent need for companies to de-risk from China, while "not pursuing a decoupling" of both economies.
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Earlier this month, the Monetary Authority of Singapore warned of an "uncertain" growth outlook.
India's tomato prices surge over 300%, sparking theft and turmoil
India's tomato prices have skyrocketed more than 300% as a result of extreme weather conditions.
IEA trims oil demand forecast for the first time this year on 'persistent' economic headwinds
The IEA on Thursday cut its global oil demand growth forecast for the first time this year, primarily citing a worsening economic outlook.
Scottsdale, Arizona is the No. 1 city for renters based on quality of life—see the full list
WalletHub ranked the best places to rent in America based on 21 key measures of rental attractiveness and quality of life.
K-pop stock falls 7% amid questions over Blackpink member's contract renewal
K-pop group Blackpink may no longer be in your area as doubts rise over contract renewals.
More tech workers in India are moonlighting — despite their bosses’ disapproval
There's been a 25% to 30% increase in moonlighting activities over the past three years in the country's tech sector, said Randstad India.
Boeing delivers 60 airplanes in June, racks up hundreds of new orders with Air India deal
Boeing is trying to ramp up production on some of its best-selling planes.
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