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expected sales in china, where a real estate collapse and rising youth unemployment is hitting demand for apple s gadgets. erin delmore reports. for apple, a big gadgets. erin delmore reports. forapple, a big highlight gadgets. erin delmore reports. for apple, a big highlight the first revenue growth in a year. they reported a 2% rise in overall fiscal first quarter sales, taking a year of declining sales. it s thanks to sales of the iphone 15 which hit stores in september. but a low light does make a decline in sales in china, to the tune of 13%. apple is missing out on one of its key markets. the world s second economy is grappling with a slowdown thanks to a property market crisis, slow growth and high unemployment a young people which is weighing on iphone sales and, increasingly, chinese consumers are opting for phones made by huawei which are powered by chips made in china. apple is on the verge of releasing its vision pro headset, meanwhile. this is apple s ent ....
of borrowing, as the economy grapples with a major cost of living crisis. china s growth recovery is also concerning amid a persistent property crisis and soft domestic consumption. added to that are geopolitical tensions, with wars in ukraine and the middle east fueling global uncertainty. i spoke with jameel ahmad, chief analyst at gtc group about what to look out for in the second half of the year. it was unprecedented because it was adding everything into your shopping basket. if you look at the s&p 500, new record highs more than 30 times. those are the records that co ceo know rinaldo would be jealous of an israeli cabinet. it wasn tjust us stock market with a fantastic start of the year. there were also hides for coco, bitcoin, and the nvidia supercharged towards becoming the largest company in the world by market capitalisation. but generally speaking we have also had some solid fundamentals. despite the highest interest rate policy and generations, particularly ....
a rate cut is imminent. governing council member olli rehn said that inflation is falling in a sustained way . and chief economist philip lane told the financial times that barring major surprises, at this point in time there is enough in what we see to remove the top level of restriction . that decision, whatever it is, will come on the 6th ofjune. live now tojoshua mahony, chief market analyst, scope markets. welcome to the programme. central bank surely like to speak very coded language. it doesn t get clearer than this usually like to speak in code. it usually like to speak in code. ., , ., , code. it doesn t. ultimately the “ob code. it doesn t. ultimately the job of code. it doesn t. ultimately the job of the code. it doesn t. ultimately the job of the central- code. it doesn t. ultimately i the job of the central bankers is to prepare the markets for what should come down the line and they have come out with very uncertain terms. laying out the pathway f ....
according to some official estimates, malaysia hopes to double its share of the global chips trade from seven to 14% by 2029. i spoke to the former deputy minister for trade and industry ong kian ming. he explained malaysia s role in the chips supply chain and also weighed in on china s new fund. i think there is challenge as well as opportunity. how do you go down to the innovative company that would be in the position to come out with new products in the semiconductor ecosystem? then there will be one challenge. also opportunities including opportunities including opportunities for companies in the region and southeast asia. either investing or going to china or attracting chinese companies to come to malaysia and set up shop to invest in the semiconductor ecosystem. i m glad you brought us back to malaysia, because that s the focus when it comes to chips. you were in office for several years from 2018. where tips a focus area for malaysia? it was, but i think focus a ....
those tensions between washington and beijing over trade and technology have encouraged businesses to look beyond china for their factories. malaysia for one is hoping get a larger slice of the semiconductor manufacturing pie. intel and globalfoundries are some firms that have recently expanded their operations in malaysia.according to some official estimates, malaysia hopes to double its share of the global chips trade from 7 to 14% by 2029. i spoke to the former deputy minister for trade and industry ong kian ming. he explained malaysia s role in the chips supply chain and also weighed in on china s new fund. i think there is challenge as well as opportunity. how do you go down to the innovative company that would be in the position to come out with new products in the semiconductor ecosystem? then there will be one challenge. but there are also opportunities including opportunities for companies in the region and southeast asia including malaysia. either investing ....