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Additional spending cuts in the order of 120 Billion Dollars in the new fiscal year. Speaking at a Congressional Black Caucus awards dinner, the us president warned them against the consequences of triggering a shutdown. Lets be clear, the government shuts down, that means members of congress and the us military or going to have to continue to work did not get paid. A Government Cut down damages everything. Funding the government is why the most basic responsibilities of congress and it is time ...

From export companies today. Supporting the overall nikkei even though as you say theyre still some nervousness about whether is it going to be more stimulus added to japans economy. A very good pickup coming through on the high one index. It is up by half of 1 . The retailer and the insurers are looking quite good there. We are watching the Property Developers quite closely with beijing planning to raise the down payment for some secondhome buyers. We are waiting for the cpi number from austral...

Chinas leading mobile phone manufacturer, BBK Group, is set to commence production of Oppo, Vivo, and Realme smartphones in collaboration with Indian firms Dixon Technologies and Karbonn Group, as per informed sources. This move is partly driven by government pressure to engage local partners and leverage the production-linked incentive (PLI) scheme for phone manufacturing

Two industry executives said Vivo and Realme recently began manufacturing a few handsets through a plant owned by Karbonn. Dixon is in the final stages of signing with Oppo and Vivo for contract manufacturing, according to them. As of now, monthly production capacity for Vivo and Realme in the Karbonn plant is around one million units, while the Dixon production will be lower to begin with, they said.

A round-up of top newspaper stories to keep you ahead of others.

Three industry executives said Chinese brands like OnePlus and Realme are soon likely to exit the television business altogether in India, or significantly downsize it. Emails sent to OnePlus and Realme remained unanswered till press time on Thursday.

The Chinese brands in the Indian television segment are losing market share for the first time, mirroring the trend in the smartphone space.

TV Brands: Three industry executives said Chinese brands like OnePlus and Realme are soon likely to exit the television business altogether in India, or significantly downsize it. Emails sent to OnePlus and Realme remained unanswered till press time on Thursday.

The decline in Chinese brands' shipments can be attributed to consumer preferences shifting towards mid-range and premium models from players like Sam

The iPhone maker has a long history of creating demand -- and playing the long game.