Day: February 15, 2021

India’s smartphone shipments

India’s smartphone shipments slump by 2% in 2020

After several years of steady increase, India’s smartphone market touched a rough patch in 2020. According to International Data Corporation, India’s smartphone shipments fell by approximately 2% year-on-year to 150 million units. The largest decline occurred in the first half of the last year when sales declined by 26% year-on-year. The slump was driven by …

India’s smartphone shipments slump by 2% in 2020 Read More »

dollar

The dollar traded near two-week lows; the pound broke $1.39

The U.S. dollar traded close to two-week lows on February 15 as an expectation of coronavirus vaccine rollouts. A planned $1.9 trillion U.S. stimulus package boosted riskier currencies and stock markets across Europe and Asia. Among the gainers against the weaker U.S. dollar, the British sterling broke $1.39 for the first time in nearly three years. Meanwhile, …

The dollar traded near two-week lows; the pound broke $1.39 Read More »

bitcoin

Bitcoin came close to reaching the $50,000 level

The world’s largest cryptocurrency, Bitcoin (BTC), came close to reaching the $50,000 level over the weekend. On Friday, Canada became the first country in the world to clear the launch of a Bitcoin exchange-traded fund. On February 14, the dominant cryptocurrency of the world had hit a lifetime high of $49,716.44. At around 0230 pm, …

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Tokyo Olympics

Survey says over half of Japan firms want Olympics cancelled

According to a survey, more than half of Japanese firms believe the Tokyo Olympic Games should be canceled or postponed. Think Tank Tokyo Shoko Research showed the survey on Monday, which cast further doubt over the troubled Games’ fate. The country is struggling to contain COVID-19, lagging behind western countries in rolling out vaccines. Meanwhile, …

Survey says over half of Japan firms want Olympics cancelled Read More »

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