Apple dominates global premium smartphone market in 2023, but Huawei gains ground on the back of its new 5G handsets

The global premium smartphone market, where handsets are priced from US$600, saw Apple remain the “undisputed leader” last year with a dominant 71 per cent share, according to the latest industry report released on Tuesday by Counterpoint Research. Samsung retained the global No 2 spot in the premium segment with a share of 17 per … Read more

Apple stock slips after Barclays downgrade

Apple shares slipped 4% on Tuesday, after Barclays downgraded the stock to underweight and slightly trimmed its price target from $161 to $160. Barclays analyst Tim Long wrote in a note to clients Tuesday that the iPhone 15’s current “lackluster” sales, specifically in China, presaged similarly weak iPhone 16 sales — weakness that Long expects … Read more

‘No one is safe’: China purges record number of senior officials in 2023, with more ‘tigers’ likely to fall

Unlike their subordinates who are managed and supervised by the local branches of the party’s organisation and disciplinary agency, the group of senior officials are under direct management of the Communist Party’s Central Organisation Department, its top personnel body. If any wrongdoing is found, they would face top level investigations from the CCDI. Twenty-seven of … Read more

Moon missions, meteors, a solar eclipse and more: Reasons to keep your eyes on the skies in 2024 

This year, outer space is going to be a busy place. We’ve got the launch of the Europa Clipper, which will orbit one of Jupiter’s enigmatic moons and investigate whether it could harbour conditions suitable for life; we could cheer on the first Canadian to orbit the moon; and we’re getting a total solar eclipse that … Read more

Biden’s foreign policy headache in 2024 – POLITICO

Press play to listen to this article Voiced by artificial intelligence. Ivo Daalder, former U.S. ambassador to NATO, is CEO of the Chicago Council on Global Affairs and host of the weekly podcast “World Review with Ivo Daalder.” United States President Joe Biden starts 2024 in circumstances that any incumbent would envy. The economy is … Read more

China’s cadres urged to connect with the masses as part of education campaign, but some question its methods

To mark the anniversary of the practice, Xi’s teachings have been promoted as part of an education campaign for cadres. In late December, hundreds of officials gathered in Beijing to attend a forum chaired by Politburo member Li Ganjie, with similar events held around the country. However, while cadres are studying and imitating Xi’s ideas … Read more

Japanese, Korean investors dial back on China, but can Beijing find common ground on trade?

“[Japanese investors] and the Koreans are facing the same challenges of balancing geopolitical challenges with efficiency,” said Jayant Menon, a senior fellow at the ISEAS-Yusof Ishak Institute in Singapore. China is still a ‘huge market’ for Japan exporters even as trade slackens Japan and South Korea remain important trading partners and investors in China despite … Read more

Ballot power: 2024 elections could steer global relations for years to come

Microsoft co-founder Bill Gates in an open letter on his website in December noted that while all levels of government are on the ballot and every year’s elections are important, “the sheer number of people who will vote in 2024 means that the results will have an outsize impact on the future of our world”. … Read more

China travel trends for 2024: more visa-free entry, domestic tourism to grow thanks to influencers, cultural tourism to favour smaller cities

Citing analysis released jointly by the WTTC and Oxford Economics, Simpson says that travel and tourism are estimated to have contributed 7.8 per cent to the Chinese economy in 2023, employing about 74 million people in an industry worth US$1.48 trillion. Tourists look at giant pandas at the Chengdu Research Base of Giant Panda Breeding, … Read more