Set Archives – My Blog

MSCI’s broadest index of Asia-Pacific shares outside Japan tacked on 0.1%. Tokyo: Asian shares steadied in early trade on Monday after China agreed to return a US drone it had seized, easing worries about rising diplomatic tensions between the world’s two biggest economic powers.

MSCI’s broadest index of Asia-Pacific shares outside Japan tacked on 0.1 per cent after falling to its lowest level in three weeks on Friday. Japan’s Nikkei dipped 0.2 per cent from one-year high.

Financial markets briefly turned “risk-off” in late US trade on Friday following news that a Chinese Navy warship had seized a US underwater drone in international waters in the South China Sea.

The Dow Jones industrial average ended down 0.04 per cent to 19,843.41 on Friday, while the S&P 500 lost 0.18 per cent to 2,258.07.

The furore appears to have been defused for now after the two countries said on Saturday China will return the drone.

“I think the markets’ trend will continue. Share prices will edge higher and so will bond yields. The dollar will remain strong. One key question is whether the Dow Jones will hit the 20,000 mark,” said Koichi Yoshikawa, executive director of financial markets at Standard Chartered Bank in Tokyo.

Expectations that US President-elect Donald Trump will boost fiscal spending, growth and inflation have prompted investors to bet on a faster pace of US rate hikes, boosting US bond yields sharply.

The 10-year US Treasuries yield stood at 2.579 per cent in Asia on Monday, near its two-year high of 2.641 per cent touched on Thursday.

As higher US yields shore up the dollar, the dollar’s index against a trade-weighted basket of six major currencies jumped to a 14-year high of 103.56 last week.

It last stood at 102.71.

The euro traded at $1.0451, bouncing back from last week’s low of $1.03665, its weakest since January 2003.

The dollar traded at 117.80 yen, off Thursday’s ten-and-a-half-month high of 118.66.

The Australian dollar dropped to a six-and-a-half-month low of $0.7267 on Friday and last stood at $0.7293, dragged by the dip in the price of copper and some other commodities.

London copper hit its lowest level in more than three weeks on Friday on rising inventories and signs of softer demand from China.

Oil prices held firm after Goldman Sachs boosted its price forecast for 2017 and producers showed signs of adhering to a global deal to reduce output.

Brent futures rose 0.2 per cent to $55.34 a barrel, while US West Texas Intermediate crude added 0.3 per cent to settle at $52.06 per barrel.

[“source-ndtv”]


The much-anticipated Zuk Edge smartphone – which was expected to be unveiled last week – will be launching on Tuesday, December 20, the company has said. Zuk shared a teaser on Weibo showing the upcoming Edge smartphone partially with an interface layout that seemed focused for the Chinese market.

Zuk Edge’s teaser image suggests that the smartphone will sport an edge-to-edge display and it may be placed like the Xiaomi’s Mi MIX smartphone. The image was shared by Android Pure.

Based on preliminary leaks, the Zuk Edge may feature a 5.5-inch full-HD (1080×1920 pixels) display, and will be powered by a 2.35GHz quad-core Qualcomm Snapdragon 821 processor coupled with 4GB of RAM (or 6GB of RAM). The Zuk Edge smartphone is likely to pack 32GB and 64GB inbuilt storage options, and have the fingerprint scanner as well (presumably under the Home Button at the bottom of the display).

On the camera front, the Zuk Edge smartphone is rumoured to sport a 13-megapixel rear camera and an 8-megapixel camera at the front. Zuk Edge is said to run Android 6.0 Marshmallow with ZUI 2.0 skin, and is expected to pack a 3000mAh battery. An earlier report tipped that the Zuk Edge may be priced at CNY 2,699 (roughly Rs. 26,800).

The Zuk Edge will be Lenovo’s fourth Zuk-branded smartphone. To recall, Lenovo has so far launched the Zuk Z1 (launched in August last year), Zuk Z2 Pro (launched in April this year), and Zuk Z2 (launched in May this year).

In separate news, a White-coloured smartphone believed to be the Zuk Edge has been spotted in live images. The smartphone packs slim bezels around the display and also sport a home button placed right below the display.

[“source-ndtv”]


On Wednesday, ZTE will launch its Nubia Z11 and Nubia N1 smartphones in India. The Chinese company is set to launch the two smartphones in the country at an event in New Delhi.

To recall, the Nubia Z11 was first launched in China in June, and was then released in other markets eventually. We can expect India pricing to be similar to China, where the variant with 4GB of RAM and 64GB storage was priced at CNY 2,499 (roughly Rs. 25,000), and the variant with 6GB of RAM and 128GB storage was priced at CNY 3,499 (roughly Rs. 35,000). The Nubia N1 sported a CNY 1,699 (roughly Rs. 17,200) price tag in China.

The Nubia Z11 handset features a 5.5-inch full-HD (1080×1920 pixels) 2.5D display and is powered by a 2.15GHz Qualcomm Snapdragon 820 quad-core processor. Both the storage variants support expandable storage via microSD card (up to 200GB). As for optics, it sports a 16-megapixel rear camera with dual-tone LED flash, PDAF, and OIS. There is also an 8-megapixel selfie camera with f/2.4 aperture. The handset packs a 3000mAh battery and supports Quick Charge 3.0. It houses a fingerprint scanner on the rear panel, and offers connectivity options like Bluetooth, GPS, Glonass, Wi-Fi 802.11 a/b/g/n/ac, 4G, GPS/ A-GPS, 3G, and USB Type-C. It measures 151.8×72.3×7.5mm, and weighs 162 grams. zte nubia n1 pink ZTE Nubia N1

The Nubia N1 features a 5.5-inch (1920×1080 pixels) full HD display with 401ppi pixel density, and is powered by a 64-bit 1.8GHz Mediatek Helio P10 octa-core SoC paired with 3GB of RAM. The smartphone offers 64GB of inbuilt storage, alongside the option to expand it via microSD slot (up to 128GB).