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BBCNEWS Asia July 6, 2024

shares ended up more than 50% after it confirmed it was exploring strategic options including a possible sale. but pac west isnt alone, and shares of other mid—size and small banks are also taking hit. our north america business correspondent has more on what is driving this. us regional bank stocks suffered more sizeable losses on thursday despite assurances from the head of americas central bank, saying that the us financial system remains sound. leading the way was pac west, which...
Wall Street Banking Crisis Apple S Beat Expectations Tech Giants Asia Business Report

BBCNEWS Asia Business Report June 4, 2024 22:34:00

Worst might be over for the sector. apple remains one of the few giants in the industry, no mass lay—offs so far. for more on the outlook for the company, we can now speak tojeff field hack, from counterpoint chemical research, whojoins me. nice to have you back, jeff. what do you make of the results? yes, i thought the results were very impressive, because the overall smartphone market was down 14% during the quarter, and apples revenues were up a little. we think their overall volumes may ha...
Apple S Mass Lay Offs Counterpoint Chemical Research Whojoins Me Tojeff Field Hack Smartphone Market

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