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AI quietly reshapes Apple iPhones, Watches
  + stars: | 2023-09-12 | by ( Max A. Cherney | ) www.reuters.com   time to read: +3 min
Without using the words "artificial intelligence" to describe the emerging technology, Apple showcased a new line of iPhones and a new watch that included improved semiconductor designs that power the new AI features. In contrast, Microsoft (MSFT.O) and Alphabet's (GOOGL.O) Google set ambitious goals for the level of transformation with their AI efforts. The Neural Engine is what Apple calls the building blocks for its chips that accelerate AI functions. The AI components of the watch chip make Siri, Apple's voice assistant, 25% more accurate. The idea is to give people a way to control the Apple Watch when their non-watch hand is busy holding a cup of coffee or walking a dog.
Persons: Loren Elliott, Siri, Apple's, Max A, Lisa Shumaker Organizations: REUTERS, Apple, Microsoft, Google, Industry, Apple Watch, Thomson Locations: Cupertino , California, U.S, San Francisco
AdvertisementAdvertisementWhere to preorder the Apple Watch Ultra 2Preorders of the Apple Watch Ultra 2 are available now via Apple's online store. Apple Watch Ultra 2 pricingThe Apple Watch Ultra 2 comes in one sizing option, 49mm, and one case option, titanium. With the release of the Apple Watch Ultra 2, the original Apple Watch Ultra is no longer for sale via Apple's website. AdvertisementAdvertisementApple Watch Ultra 2 upgradesAlthough the Apple Watch Ultra 2 replaces last year's Apple Watch Ultra, its year-over-year changes are minimal. Apple Watch Ultra 2 environmental impactSimilar to the Series 9, some configurations of the Apple Watch Ultra 2 are fully carbon neutral.
Persons: it's, Siri Organizations: Apple, Apple Watch, Garmin, Apple's
But, the announcements, which included a new iPhone 15 and an Apple Watch refresh, further strengthened the company's best-in-class ecosystem. New iPhone features Apple unveiled the iPhone 15 and iPhone 15 Plus, complete with USB-C charging instead of the propriety lightning port, starting at $799 and $899, respectively. The iPhone 15 Pro starting at $999 was unchanged from the previous model as well. The iPhone 15 Pro can capture special videos, providing for enhanced viewing on the upcoming Vision Pro mixed reality headset. The new Apple Watch models have more a powerful silicon chip as well, which allows for smoother graphics and more processing power.
Persons: Jim Cramer, Jim, Max —, Apple, Max, Tim Cook, Jim Cramer's, Apple Tim Cook, Kevin Dietsch Organizations: Apple, Vision, Apple Watch, CNBC, Allen & Company Sun Valley, Getty Locations: Cupertino , California, China, Tuesday's, Sun Valley , Idaho
The announcement of the iPhone 15 line and upgraded smart watches at the company's annual event comes against the backdrop of flagging discretionary spending and expanded curbs on its flagship smartphones in China. Here are the details of the key announcements:The iPhoneApple launched iPhone 15 and iPhone 15 Plus, sporting 6.1-inch and 6.7-inch displays, respectively, similar to their predecessors. All the new models feature a 48-megapixel main camera, with the flagship Pro Max having 5X optical zoom and 3X telephoto capability. The iPhone 15 and iPhone 15 Plus get A16 bionic chip, while the iPhone 15 Pro and the Pro Max will be powered by the A17 pro chip. Apple also said the batteries of iPhone 15 and iPhone 15 Plus, which start at $799 and $899, respectively, are made of 100% recycled cobalt.
Persons: Tim Cook, Loren Elliott, Apple, Max, Pro Max, Yuvraj Malik, Sriraj Organizations: Apple, REUTERS, iPhone Apple, Pro Max, Pro, Thomson Locations: Cupertino , California, U.S, China, Bengaluru
CNN —Apple is expected to debut its iPhone 15 lineup Tuesday at the company’s annual September keynote event, and it could introduce the biggest change to the phone’s design in 11 years. Other iPhone 15 featuresThe entire iPhone 15 lineup is rumored to get the “Dynamic Island” feature — an interactive home for alerts, notifications and various controls — that replaces the notch on top of the screen. Although there are few other rumors circulating about its entry-level iPhone models, the iPhone 15 Pro and 15 Pro Max models are expected to get a handful of new features, according to a Bloomberg report. What not to expectWith the new iPhone expected to take center stage, many analysts don’t anticipate Apple will release new iPads or Mac computers until October. And despite rivals Samsung and Google doubling down on foldable devices, Apple is still not expected to unveil a similar version this fall.
Persons: Apple, pare, , Ben Wood, Apple’s, Greg Joswiak, Max, Yoram Wurmser, , It’s Organizations: CNN, Apple, European Union, CCS Insight, Bloomberg, Vision, Insider Intelligence, Apple Watch, Samsung, Google Locations: Cupertino , California, EU
Learn moreApple officially announced the Apple Watch Series 9 during its annual product event on September 12. AdvertisementAdvertisementWhere to preorder the Apple Watch Series 9Preorders of the Apple Watch Series 9 are available now via the Apple website and the watch officially launches on September 22. AdvertisementAdvertisementApple Watch Series 9 pricingThe Apple Watch Series 9 will be available in two different sizes, including a 41mm model and a 45mm model. Here's the pricing breakdown of all models:Apple Watch Series 9 (41mm): $399Apple Watch Series 9 (41mm, stainless steel): $699Apple Watch Series 9 (45mm): $429Apple Watch Series 9 (45mm, stainless steel): $749The Apple Watch SE, Apple's budget watch option, remains in the company's lineup and costs $249. AdvertisementAdvertisementApple Watch Series 9 new accessoriesApple; InsiderApple announced a number of new accessories for the Apple Watch Series 9, including a new suede-like woven band, a redesigned Sport Loop, and new collections with both Nike and Hermes.
Persons: Siri, Apple Organizations: Apple, Nike, Apple Watch
The biggest single reduction in the emissions from the new watches came from using clean electricity to manufacture them. Apple on Tuesday said that 300 of its suppliers have now committed to using clean energy for Apple production. But another emissions source was Apple's speedy transportation network, which relies heavily on planes. The company has said previously that a Series 8 watch created 33 kg (73 lb) of carbon emissions, from raw materials to delivery to end customers. Apple has been focused on cutting carbon emissions for some time.
Persons: Steve Jobs, Loren Elliott, Lisa Jackson, Jackson, John Ternus, Apple, Stephen Nellis, Peter Henderson, Lisa Shumaker Organizations: Steve, Apple, REUTERS, Rights, Reuters, Thomson Locations: Cupertino , California, U.S, Rights CUPERTINO , California, China
Apple CEO Tim Cook speaks during Apple's Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Apple is holding its annual iPhone launch event Tuesday at Apple Park, its headquarters in Cupertino, California. The company is expected to announce new iPhone models, as well as new Apple Watches and AirPods, according to reports from Bloomberg News, Wall Street analysts and TF International Securities hardware analyst Ming-Chi Kuo. Last year, the launch event duration was about an hour and a half. We'll post live updates below, and you can also watch the Apple event YouTube live stream right here.
Persons: Tim Cook, Ming, Chi Kuo, Here's what's Organizations: Apple, Apple's Worldwide, Bloomberg News, Wall Street, TF International Securities, CNBC Locations: Cupertino , California
Not to be outdone, Apple CEO Tim Cook acted opposite Oscar winner Octavia Spencer, sans mask, in a surprise skit during Apple's big iPhone event on Tuesday. AdvertisementAdvertisementTim Cook acting opposite Octavia Spencer in a skit for Apple's iPhone 15 keynote. AdvertisementAdvertisementOne person tweeted "Apple's climate progress is impressive - but the most impressive part of that skit is 100% Tim Cook's acting. 🤣"While another wrote "Oddly enough one of the most impressive parts about the #AppleEvent so far is Tim Cook's acting. "I wonder how many hours of acting classes Tim Cook took for this #AppleEvent," one person wrote.
Persons: Tim Cook, Octavia Spencer, Jeff Bezos, Oscar, Cook, Spencer, — Cook, Apple mployees, Apple, we've, skeptically, Tim Cook's Organizations: Apple, Service
Tinzert, Atlas Mountains, Morocco CNN —Rajaa Acherhri was known as the village math genius. She buried them the next day, alongside 19 other people who were killed in Tinzert, a tiny mountain village in the Atlas Mountains in Morocco. Hakim Idlhousein stands near the rubble of his house, in the village of Tinzert, in Morocco, which was destroyed by the quake. Mosa'ab Elshamy/AP Bags of blood sit on a table at a blood center in Marrakech, Morocco, on September 11. Fadel Senna/AFP/Getty Images In pictures: Powerful earthquake kills thousands in Morocco Prev NextFatema Acherhri was born in Tinzert, as was her husband.
Persons: Morocco CNN — Rajaa Acherhri, Sanaa, Fatema, Rajaa, hasn’t, Fatema Acherhri, Ivana Kottasova, ” Hakim Idlhousein, Idlhousein, CNN they’ve, Abdeltif Ait Bensoli, Ait Bensoli, Edabdelah, couldn’t, Ait, Hakim Idlhousein, , Fadel Senna, Talat, Hannah McKay, Talat N'Yaaqoub, Nacho Doce, Carl Court, Alejandro Martinez Velez, Talat N'yaaqoub, Reuters Mouath Aytnasr, Suleiman, Mosa'ab, Abu Adem Muhammed, Nathan Laine, Wang Dongzhen, Moulay Brahim, Piero Cruciatti, Abdelhak Balhaki, Acherhri, hammam, ” Acherhri, , , Ourika Organizations: Morocco CNN, CNN, UNICEF, Moroccan, Getty, Reuters, Anadolu Agency, Bloomberg, Kyodo, People, Moroccan Royal Armed Forces Locations: Atlas Mountains, Morocco, Tinzert, Moroccan, Al Haouz, Ifghan, Ait Bensoli, Marrakech, Douzrou, AFP, Talat N'Yaaqoub, Talat, Tinmel, Tafeghaghte, Old City, Amizmiz, Xinhua, Moulay, Brahim, Moulay Brahim, Tansghart, Marrakesh
It unveiled iPhone 15 models, including its first titanium phone, USB-C charging, new watches, and more. Here are the top takeaways from the event:The iPhone 15 and iPhone 15 Pro introduced some big changesApple unveiled four new phones on Tuesday: the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max. The iPhone 15 Pro and Pro Max are the first iPhones made of titanium; Apple says they're made from the same alloy as was used in the Mars Rover. New Apple Watches — and a nifty new way to control themThe company unveiled the Apple Watch Series 9 and Apple Watch Ultra 2. Apple's Double Tap feature for the new Apple Watch makes answering calls and other actions easier when only one hand is free.
Persons: Tim Cook, Oscar, we've, Max, they're, There's, Siri, Apple Tim Cook, Octavia Spencer, it's Organizations: Apple, Service, Mars Rover, Pro, Apple Watch Locations: Wall, Silicon
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple debuts made-in-India iPhone as pressure to diversify manufacturing mountsPlatformer's Casey Newton and Bokeh Capital Partners' Kim Forrest join 'Squawk on the Street' to discuss long term bullishness about Apple's vision pro headset, comparisons between IBM and Apple, and consumer appetite for smart watches.
Persons: Casey Newton, Kim Forrest Organizations: Apple, Bokeh Capital Partners, IBM Locations: India
This year’s billion-dollar disasters have caused 253 direct and indirect fatalities and have resulted in $57.6 billion in damage, NOAA data shows. Joe Raedle/Getty Images Ken Kruse looks out at floodwaters surrounding his apartment complex in Tarpon Springs, Florida, on August 30. Joe Raedle/Getty Images Florida's Fort Myers Beach is seen during high tide ahead of Hurricane Idalia on August 29. Eva Marie Uzcategui/Bloomberg/Getty Images Shelves are left empty at a Target store in Gainesville, Florida, on August 29. Sarah Salmonese sits where her apartment once stood in Lahaina, Hawaii, on Friday, August 11.
Persons: CNN — It’s, Idalia, Hilary, Rachel Cleetus, ” Cleetus, Cristobal Herrera, Shutterstock, Sean Rayford, Cheney Orr, Reuters Jewell Baggett, Ulashkevich, EFE, Thomas Simonetti, Jack Lemburg, Richard Burkhart, Douglas R, Clifford, Zuma Press Donnye Franklin, Joe Raedle, Rebecca Blackwell, Ron DeSantis, Savannah Alderman Nick Palumbo, Ken Kruse, Hurricane Idalia, Eva Marie Uzcategui, Christian Monterrosa, Stephen M, Dowell, Reagan Ortagus, Tyler, Bob Self, NOAA Ana Iris Aguiar, Alexandre Meneghini, Marco Bello, Adrees Latif, Samson, Victor Cassano's, Chris O'Meara, Yamil Lage, Sharon Walsh, Doug Engle, Christine Willis, Andrew West, Harvey, Irma, Maria, Adam Smith, Michael, Laura, Ida, Ian, ” Smith, Deanne Criswell, Sarah Salmonese, Go Nakamura, Ken Alba, Jae C, Yuki Iwamura, Patrick T, Fallon, Bryan Anselm, Mike Blake, Matthew A, Foster, Rick Bowmer, Lauren Haley, Makalea Ahhee, Justin Sullivan, Max Whittaker, Zoltan Balogh, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Matthew Thayer, Criswell, It’s, ” Criswell, Cleetus, Organizations: CNN, National Oceanic, Atmospheric Administration, Idalia, NOAA, Tropical, Union of Concerned, , Tampa Bay Times, ZUMA Press, Reuters, Press, Washington Post, Angels Episcopal Church, Savannah Morning, USA, Network Rescue, Zuma Press, AP Florida Gov, Savannah, Bloomberg, Getty, Duke, Orlando Sentinel, Florida Times, Union, AP, Reuters Pike Electric, Southwest Airlines, Tampa International Airport, Reuters Home Depot, Reuters Fort Myers, Federal Emergency Management, FEMA, Senate, Ukraine, New York Times, Staff, US Army National Guard, Maui Police, Facility, AP Volunteers, Grace Baptist, Volunteers, Los Angeles Times, Kahului Airport, Technologies, Kahului, AP Helicopters, Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Maui News Locations: United States, South, Midwest, California, Horseshoe Beach , Florida, Bend, Tampa, Horseshoe Beach, Perry , Florida, Keaton Beach , Florida, Madison , Florida, Steinhatchee , Florida, Samarra, St, Savannah , Georgia, Savannah, Steinhatchee, Crystal River , Florida, Perry, Crystal, Tarpon Springs , Florida, Mayo , Florida, Tarpon Springs, Myers, Hurricane, Gainesville , Florida, Sumterville , Florida, Johns County , Florida, Florida, NOAA, La Coloma, Cuba, Clearwater , Florida, Playa Majana, Suwannee , Florida, Batabanó, AFP, Guanimar, Ocala , Florida, USA, Reuters Fort Myers Beach, Gulf, Lahaina , Hawaii, Lahaina, Hawaii, Maui, Wahikuli, Wailuku, Kula , Hawaii, Kula, Kihei, West Maui, Grace, Napili, Honokowai, Honolulu, Maalaea, Kahului, Las Vegas, Church, Lahaina Hongwanji
A recent iPhone ban among Chinese state companies has office workers worried they may be next. While a blanket ban is not announced, some say their bosses already want them to stop using iPhones. Advertisement Advertisement Watch: The US won't let Huawei, China's biggest smartphone maker, enter the US marketMany aired their woes on Weibo, China's version of Twitter, which reveals if the poster is an iPhone user. Changing to a new one is such a waste," another iPhone user posted on Thursday. Another iPhone user said they'd queued to reserve a brand-new iPhone for work over the weekend.
Persons: It's, it's, they'd queued, Sister Ka Organizations: Service, Bloomberg, Street Journal, Huawei, China's, Twitter, Apple, Employers, Tech, Nikkei Locations: Wall, Silicon, China, Weibo, Guangdong, Hong Kong
CNN —Apple is expected to debut its iPhone 15 lineup Tuesday at the company’s annual September keynote event, and it could introduce the biggest change to the phone’s design in 11 years. Other iPhone 15 featuresThe entire iPhone 15 lineup is rumored to get the “Dynamic Island” feature — an interactive home for alerts, notifications and various controls — that replaces the notch on top of the screen. Although there are few other rumors circulating about its entry-level iPhone models, the iPhone 15 Pro and 15 Pro Max models are expected to get a handful of new features, according to a Bloomberg report. It’s also likely to announce launch dates for its next-generation operating systems for the iPhone, iPads, Mac computers and Apple Watch. What not to expectWith the new iPhone expected to take center stage, many analysts don’t anticipate Apple will release new iPads or Mac computers until October.
Persons: Apple, pare, , Ben Wood, Apple’s, Greg Joswiak, Max, Yoram Wurmser, , It’s Organizations: CNN, Apple, European Union, CCS Insight, Bloomberg, Vision, Insider Intelligence, Apple Watch, Samsung, Google Locations: Cupertino , California, EU
The next Apple launch event, titled "Wonderlust," is being held on Tuesday. The iPhone 15 and a new Apple Watch are set to be unveiled. Here's how to watch the Apple event – and what else to expect. This year's event is titled "Wonderlust" and the new iPhone 15 is expected to be revealed, along with several other products. Read more Insider analysis on what to expect from the iPhone 15 here.
Persons: Steve Jobs, Tim Cook, Mark Gurman, they're Organizations: Apple, Service, Steve, Apple China Locations: Wall, Silicon, California, Europe, Cupertino, Beijing
In this NOAA image taken by the GOES satellite, Hurricane Lee crosses the Atlantic Ocean as it moves west on September 8, 2023. Hurricane Lee weakened to a Category 3 hurricane Friday evening, one day after it exploded from a Category 1 to a dangerous Category 5, but is still forecast to remain a powerful storm into next week. On Friday, the storm weakened gradually from its status as a Category 5 in the early morning, eventually down to a Category 3, still remaining a major hurricane. "Fluctuations in intensity are likely over the next few days, however Lee is expected to remain a powerful hurricane through early next week," the advisory said. Lee will bring high surf and dangerous rip currents to the U.S. East Coast as early as Sunday, and could worsen through the week.
Persons: Hurricane Lee, Lee Organizations: Hurricane, National Hurricane Center, Virgin Islands, Lesser, British, U.S . Locations: Leeward, Leeward Islands, Puerto Rico, U.S, U.S . Virgin Islands , Puerto Rico, Hispaniola, Turks, Caicos Islands, Bahamas, Bermuda, U.S . East Coast
Canada created 39,900 jobs, Statistics Canada said, compared with a median forecast for a gain of 15,000. The labor market has been resilient even as the Bank of Canada (BoC) raised its key overnight rate 10 times since March 2022 to cool the economy. Money markets see a 44% chance of another BoC rate hike by year-end, up from 36% before the data were published. "This report alone won't make the Bank of Canada regret holding rates steady earlier this week. Derek Holt, vice president of capital markets economics at Scotiabank, noted a gain of 49,500 people in self-employed jobs.
Persons: Carlos Osorio, Andrew Kelvin, Royce Mendes, Derek Holt, Dale Smith, Fergal Smith, Andrea Ricci, Nick Macfie Organizations: Queen, West, REUTERS, Rights, Statistics, Bank of Canada, BoC, TD Securities, Desjardins Group, Canadian, Scotiabank, Thomson Locations: Toronto Ontario, Canada, Statistics Canada, Canadian, Ottawa, Toronto
OTTAWA, Sept 8 (Reuters) - Canada's economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate remained at 5.5%, official data showed on Friday, a sign of underlying strength despite high rates. Analysts polled by Reuters had forecast a net gain of 15,000 jobs and for the unemployment rate to edge up to 5.6% from July. Statistics Canada said full-time positions grew by 32,200 jobs while part-time jobs posted a more modest gain of 7,800. The labor market has been resilient even as the Bank of Canada raised its key overnight rate 10 times since March 2022 to cool the economy. Employment in the goods sector fell by a net 2,500 jobs in August, largely in manufacturing, while services sector gained a net 42,400 jobs, mostly in professional, scientific and technical services.
Persons: David Ljunggren, Dale Smith Organizations: Reuters, Statistics Canada, Bank of Canada, Thomson Locations: OTTAWA
But those really looking to level up take a different approach: watching anime. Or at least that’s what the 19-year-old American tennis sensation Coco Gauff does. Gauff, who qualified for her first U.S. Open singles final on Thursday night by defeating Karolina Muchova, said that her postmatch plans would include watching anime. In particular, Gauff said, she’s a fan of “My Hero Academia.” When asked how she would be spending the rest of her evening, Gauff responded: “Press. Izuku Midoriya, a young superhero fanboy, is one of the rare “quirkless” individuals, though he still dreams of somehow becoming the top hero.
Persons: Coco Gauff, Karolina Muchova, Gauff, she’s, , , Academia ’, Izuku, Midoriya Organizations: “ Press, Marvel Locations: American, U.S
Last year, Apple announced new iPhones, Apple Watches, and updated AirPods at its September event. Here's what to expect from this year's edition:iPhone 15: USB-C and titaniumApple's invite to its Sept. 12 event. This year, the biggest change is expected to be a USB-C charging port, replacing Apple's proprietary Lightning port, which was introduced in 2012 as the iPhone charger "for the next decade." A USB-C charging port on iPhones will match the same charging port on Android phones, newer laptops, iPads, wireless headphones, and other gadgets. The change is being spurred by new European regulations which require a common charging port.
Persons: Tim Cook, Carlos Barria, Ming, Chi Kuo, Greg Joswiak, Apple's, Jakub Porzyck, Sofia Pitt, Apple, AirPods, Todd Haselton Organizations: Reuters Apple, Apple, YouTube, Apple's, Huawei, Vision, CNBC, Apple Apple, Bloomberg News, TF International Securities, Wall Street, Union, Nurphoto, Getty, Bloomberg, U.S, Apple Watch, Sofia Pitt Last Locations: Cupertino , California, iPhones
He was the US Special Envoy for Syria and the senior director for Iran, Iraq, Syria and Lebanon on the National Security Council staff during the Trump administration. After that, China’s National Bureau of Statistics said it would suspend publishing youth unemployment data in the future. What does it signify that China’s national power, which today is vast, is almost certain to be weaker in the future? If Xi and his strategists have a feasible plan for nimbly averting China’s demographic doom, they are keeping very quiet about it. This brings us back to the question of national security strategies for the United States and its allies.
Persons: Peter Bergen, Peter Bergen ”, Joel Rayburn, Trump, Biden, Saddam Hussein’s, Lloyd Austin, China’s, Xi Jinping, Stephen Shaver, , Ng Han Guan, Xi, China “, ” Trump Organizations: New, Arizona State University, Apple, Spotify, American Center for Levant Studies, New America, US, National Security Council, CNN, Strategy, Pentagon, of Defense, Development Research Center, Communist Party, UPI, Manpower, Census Bureau, National Bureau of Statistics, Financial, China’s Southwestern University of Finance, Economics, Rocky, United Nations, Beijing, Pew Research Center, Communist, Trump administration’s National Security, Twitter, Trump Locations: New America, Syria, Iran, Iraq, Lebanon, Washington, China, United States, Saddam Hussein’s Iraq, al Qaeda, Ukraine, People’s Republic of China, Beijing, India, Yarkent County, China's Xinjiang Uyghur Autonomous Region, Saudi Arabia, USSR, Russia, Russia’s Ukraine, Vietnam, Korea, Italy, Japan, Taiwan, Hong Kong
REUTERS/Androniki Christodoulou/File Photo Acquire Licensing RightsHONG KONG, Sept 6 (Reuters) - Asia stocks fell on Wednesday after faltering growth in China and Europe heightened concerns about global economic momentum, while the dollar firmed as investors weighed the outlook for Federal Reserve interest rates. MSCI's gauge of Asia Pacific stocks outside Japan (.MIAPJ0000PUS) dipped 0.45%. "The China decline was bigger than expected," said Redmond Wong, Greater China market strategist at Saxo Markets. Manufacturing data from Germany, Britain and the euro zone also showed declines, while their service sectors fell into contraction. "The Europe data were rather weak.
Persons: Androniki, HSI, Redmond Wong, Wong, Australia's, Christopher Waller, John Milroy, Ord Minnett, Brent, Kane Wu, Edmund Klamann, Sam Holmes Organizations: REUTERS, Federal Reserve, Saxo Markets, Nikkei, U.S, BlackRock Investment Institute, Institute for Supply Management, PMI, Thomson Locations: Tokyo, Japan, HONG KONG, Asia, China, Europe, London, U.S, 0520GMT, Asia Pacific, Greater China, Germany, Britain, BlackRock, ., Saudi Arabia, Russia
Asia stocks fall as global growth concerns mount
  + stars: | 2023-09-06 | by ( Kane Wu | ) www.reuters.com   time to read: +2 min
REUTERS/Androniki Christodoulou/File Photo Acquire Licensing RightsHONG KONG, Sept 6 (Reuters) - Asia stocks fell on Wednesday after weak economic data in China and Europe heightened concerns over global growth, while the dollar firmed as investors weighed the outlook for U.S. interest rates. MSCI's gauge of Asia Pacific stocks outside Japan (.MIAPJ0000PUS) was down 0.5% at 0143GMT. The Hang Seng Index (.HSI) and China's benchmark CSI300 Index (.CSI300) both opened down about 0.3%. Shares in Europe and the U.S. fell on Tuesday over concerns about weak global growth. (This story has been refiled to correct the Reuters Instrument Code of the Hang Seng Index in paragraph 4)Reporting by Kane Wu; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
Persons: Androniki, Australia's, Redmond Wong, Christopher Waller, John Milroy, Ord, Brent, Kane Wu, Edmund Klamann Organizations: REUTERS, Saxo Markets, U.S, Reuters, Thomson Locations: Tokyo, Japan, HONG KONG, Asia, China, Europe, Asia Pacific, 0143GMT, Germany, Britain, Greater China, U.S, Ord Minnett .
Singapore’s wealth boom hits most sensitive phase
  + stars: | 2023-09-06 | by ( Anshuman Daga | ) www.reuters.com   time to read: +5 min
REUTERS/Edgar Su Acquire Licensing RightsSINGAPORE, Sept 6 (Reuters Breakingviews) - Singapore’s wealth boom may be set for a pause. The amount involved has almost doubled and banks, realtors and jewellery dealers have been caught up in the ring. It is the most eye-catching saga since 2015 when Singapore’s banks were involved in the 1MDB Malaysian sovereign fund mess. As Singapore’s success as a financial centre grows, so too does its vulnerability to dirty money. A thornier problem is Singapore’s desire to avoid perceptions it is capitalising on the troubles of China, its top trade partner.
Persons: Edgar Su, Una Galani, Katrina Hamlin, Pranav Kiran Organizations: REUTERS, Rights, Reuters, realtors, DBS, Deutsche Bank, Bloomberg, Reuters Graphics Reuters, Monetary Authority of, U.S, Police, Thomson Locations: Marina Bay, Singapore, Rights SINGAPORE, China, Malaysian, Hong Kong, Monetary Authority of Singapore
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