Dhaka, Jan 3 (UNB) – Motorola's new smartphone ‘MotorolaOne’ will be available in Bangladesh from January 5.
The phone runs on AndroidOne and packs a Qualcomm Snapdragon 625 chipset and an octa-core processor under the hood. It comes with a 5.9’’ HD + Max Vision notch display and uses gorilla glass on both sides.
It also offers 4GB RAM and 64GB ROM, with expandable storage of up to 256GB. Motorola says users will “feel the difference” playing games, watching movies, and doing whatever they need to do.
The 3000 mAh non-removable battery offers six-hour backup with 20 minutes of charging. A full charge will ideally get you through the day.
MotorolaOne is equipped with 13+2 megapixel dual rear cameras and an 8 megapixel depth-sensing selfie camera. It also comes with Google Lens.
In Bangladesh, the smartphone can only be bought from Gadget & Gear and Pickaboo.com for Tk 23,990.
Singapore, Jan 3 (AP/UNB) — Asian markets were mixed on Thursday after tumbling more than 1 percent on the first trading day of 2019. Apple downgraded its sales projections, citing slowing Chinese growth, hitting technology shares in South Korea and Taiwan. The Japanese yen, seen as a relatively safe asset, strengthened against the dollar, euro and several other Asian and European currencies.
KEEPING SCORE: South Korea's Kospi lost 0.2 percent to 2,007.06 and Taiwan's benchmark fell 0.5 percent. The Shanghai Composite index was flat at 2,465.36, while Hong Kong's Hang Seng was down 0.3 percent at 25,058.69. Australia's S&P-ASX 200 rebounded 1.4 percent to 5,632.80. Shares fell in Taiwan and Singapore but rose in Indonesia and the Philippines. Japan's markets were closed.
WALL STREET: A turbulent day on Wall Street saw stocks plunging before recovering and finishing slightly higher. Surveys by the China's government and a major business magazine that showed Chinese manufacturing had slowed in December weighed on sentiment. Still, the broad S&P 500 index added 0.1 percent to 2,510.03 on Wednesday. The Dow Jones Industrial Average, which lost 398 points in the first few minutes of trading, closed 0.1 percent higher at 23,346.24. The Nasdaq composite rose 0.5 percent to 6,665.94. The Dow future contract was down 1.4 percent early Thursday and that for the S&P 500 lost 1.3 percent.
APPLE RELEASE: Apple CEO Tim Cook said in a letter to shareholders released after markets closed on Wednesday that he expects the tech giant's revenue for the October-December quarter to fall below internal and analysts' projections. Apple now expects revenue of $84 billion for the quarter, about 9 percent lower than the $91.3 billion estimate from analysts polled by FactSet. The official results will be released on Jan. 29. Cook attributed most of the revenue drop to China, where the economy has been slowing and where U.S. tariffs have been raised on more than $200 billion in goods, although the iPhone hasn't been affected directly so far. The company's shares fell 7.6 percent to $146 in after-hours trading.
ANALYST'S TAKE: "A flight to safety following the series of aggravating releases since the turn of the year saw the rush into the yen this morning. Doubling down on Asia markets for a second day today would be the latest downward revision in Q1 guidance from tech giant, Apple," Jingyi Pan of IG said in a market commentary. "The already shaky foundation for Apple owing to the likelihood of the company's products being enlisted into the tariffs scuffle saw their latest move to lower revenue outlook packing a punch for share prices," she added.
ENERGY: Oil prices, which have fallen about 40 percent since last October, settled after jumping at the start of the year. Benchmark U.S. crude shed 83 cents to $45.71 per barrel in electronic trading on the New York Mercantile Exchange. The contract jumped 2.5 percent to $46.54 per barrel on Wednesday. Brent crude, used to price international oils, lost 43 cents to $54.48 per barrel. It added 2.1 percent to $54.91 per barrel in London.
CURRENCIES: The dollar weakened to 107.16 yen from 108.86 late Wednesday. The euro rose to $1.1366 from $1.1344.
Dhaka, Jan 2 (UNB) – Bangladeshi brand Walton wants to sell two million units of fridges in the local market this year.
The company claims to have sold 1.5 million units in 2018. Walton holds nearly 75 percent share in the local fridge market, its officials said.
Uday Hakim, deputy executive director of Walton Group, said he was optimistic about achieving milestones in 2019.
“We plan to release global models with latest technology in the local market at affordable prices,” he noted.
Md Amdadul Hoque Sarkar, executive director and head of sales of Walton, said they were registering about 30 percent sales growth every year.
“To meet this year’s goal, we will release over 150 models of frost and non-frost refrigerators with innovative designs,” he said.
Walton is exporting ‘Made in Bangladesh’ refrigerators to various Asian, Middle Eastern and African countries.
“We are now focusing on exporting to developed nations like Australia, America and Europe,” Amdadul added.
Beijing, Jan 2 (AP/UNB) — Asian stock markets tumbled Wednesday as 2019 trading began, after surveys showed Chinese manufacturing weakening.
KEEPING SCORE: The Shanghai Composite Index lost 1.1 percent to 2,465.29 and Hong Kong's Hang Seng fell 2.6 percent to 25,161.03. Japan's markets were closed. Seoul's Kospi lost 1.3 percent to 2,013.80 and Sydney's S&P-ASX 200 shed 0.9 percent to 5,593.80. Manila advanced while Singapore and Jakarta retreated. New Zealand was closed.
CHINESE FACTORIES: Surveys by China's government and a major business magazine showed activity weakened in December as global and domestic demand cooled. Forecasters said that could send shockwaves through Asian economies that supply Chinese factories with raw materials and components. Chinese export growth has held up as producers rushed to fill orders before possible new U.S. tariff hikes in Washington's trade battle with Beijing, but forecasters said that effect may be fading.
ANALYST'S COMMENT: The Chinese manufacturing downturn "raises a few red flags," said Vishnu Varathan of Mizuho Bank in a report. The slide is "not entirely surprising given more challenging global trade conditions," but it is "potentially symptomatic of far sharper underlying demand pullback," said Varathan. China's trade and investment ties with its neighbors mean the slowdown "will reverberate more widely to other Asian exporters."
CURRENCY: The dollar edged down to 109.36 yen from Monday's 109.67. The euro declined to $1.1446 from $1.1466.
ENERGY: Benchmark U.S. crude lost 41 cents to $45.00 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained 8 cents on Monday to close at $45.41. Brent crude, used to price international oils, slumped 53 cents to $53.27 per barrel in London. It added 59 cents the previous session to close at $53.80.
Washington, Jan 1 (AP/UNB)- Ivanka Trump is set to launch a White House effort aimed at women's global economic empowerment in early 2019.
A formal launch for the initiative was planned for next week but has been postponed amid uncertainty about the government shutdown, the White House said Monday. The original plan for the event included remarks from Secretary of State Mike Pompeo and national security adviser John Bolton, as well as from officials from a host of government agencies, financial organizations and private businesses, including the World Bank, the International Monetary Fund, Walmart and Bank of America.
The initiative, which is backed by the State Department and the National Security Council, seeks to align government agencies behind the mission of supporting women's economic development around the world. It will also include private-sector investment. First daughter Ivanka Trump, a White House adviser who has made supporting women in business part of her portfolio, led the policy process over the past year and a half.
"I look forward to continuing to work with the interagency and members of Congress on both sides of the aisle to advance women's access to vocational training, fuel female entrepreneurship and lift legal and social barriers that restrict our full and free economic participation," Ivanka Trump said in a statement to The Associated Press.
Bolton said in a statement that the initiative "directly supports President Trump's National Security Strategy."
Ivanka Trump previously led an effort to launch a World Bank fund to help drive women's entrepreneurship. She recently advocated for the Women's Entrepreneurship and Economic Empowerment Act, which has passed Congress. That legislation bolsters efforts focused on women by the United States Agency for International Development.