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By Tripp Mickle The Wall Street Journal Mon., Oct. 29, 2018 For the fourth time in the past decade, Apple is holding a second event to announce new versions of its gadgets ahead of the holiday shopping season. The technology giant, which last month unveiled updated iPhones and smartwatches, is scheduled on Tuesday to take over the Brooklyn Academy of Music in New York City, where it is expected to show off new members in its iPad and Mac product lines. Here’s what you need to know: Apple’s invitation for Tuesday’s event said more was in the making. So what’s in store? Apple is likely to unveil a new iPad Pro with speedier processors and new sensors that bring the facial-recognition technology featured on its iPhones to tablets, analysts say. The update is part of Apple’s effort to reinvigorate its tablet business whose sales have tumbled 40% from their 2013 peak. Its last iPad, launched in June 2017, updated the display and processors. … [Read more...] about Apple expected to unveil updated iPad and Mac at New York event
Raised expectations
US team in NKorea raises expectations of a Trump-Kim summit
US team in NKorea raises expectations of a Trump-Kim summit A U.S. team was in North Korea to plan a summit with North Korean leader Kim Jong Un, according to President Donald Trump, raising expectations that the on-off-on meeting would indeed take place. Both the State Department and South Korea's Foreign Ministry said the American and North Korean officials have been engaged in talks at the Korean village of Panmunjom, which straddles the border inside the Demilitarized Zone, or DMZ. One can cross the border simply by stepping across a painted line, but moving beyond several footsteps into the North at Panmunjom would be rare for U.S. officials. Trump withdrew from a planned June 12 Singapore summit with Kim last Thursday, but quickly announced it could still happen. His tweet Sunday afternoon, which offered praise for the longtime U.S. adversary, was the latest signal that his concerns about the North's stance toward the summit had been allayed. "Our … [Read more...] about US team in NKorea raises expectations of a Trump-Kim summit
Raising funds from the rising sun
Last year saw a wave of foreign investment in the Thai property market in the form of project-by-project development joint ventures. Historically, foreign ownership restrictions and the availability of local funding meant there were limited foreign investments in the Thai property market, but tighter lending conditions and increased development costs due to rising land prices have forced Thai developers to look to overseas investors for funding.We saw major players join hands with Japan-based companies, such as Ananda Development partnering with Mitsui Fudosan, AP with Mitsubishi Estate Group, Sansiri with Tokyu Corporation and Origin Property with Nomura Real Estate Development.Other developers, like Charn Issara Development, partnered with China-based companies -- Junfa Real Estate and Tianyuan Construction Group -- for its projects in Phuket and Chiang Mai.Most of the joint ventures are with foreign developers or construction companies. Teaming up with foreign companies not … [Read more...] about Raising funds from the rising sun
Target pops after raising guidance thanks to strong holiday sales
Target shares rose by as much as 4.82% to $70.42 during pre-market trading Tuesday after the retailer beat market expectations for holiday sales. The company reported same-store sales rose 3.4% in the November to December period, easily beating the 0% to +2% range that Wall Street was expecting. Target raised its fourth-quarter adjusted earnings-per-share guidance to between $1.30 and $1.40. Previously, it expected a range of $1.05 to $1.25. For the full-year of 2017, the retailer sees an adjusted earnings-per-share of $4.64 to $4.74 from a prior guidance of $4.40 to $4.60. The good news comes on the heels of strong traffic growth and solid digital sales. Target recently acquired Alabama-based startup Shipt for $550 million as a way to fend off Amazon’s encroachment into the grocery-delivery business. … [Read more...] about Target pops after raising guidance thanks to strong holiday sales
What to expect from planned talks between North and South Korea
SEOUL—North Korea’s recent abrupt push to improve ties with South Korea wasn’t totally unexpected, as the country has a history of launching provocations and then pursuing dialogue with rivals Seoul and Washington in an attempt to win concessions.Still, Tuesday’s planned talks between the Koreas, the first in about two years, have raised hopes of at least a temporary easing of tensions over North Korea’s recent nuclear and missile tests, which have ignited fears of a possible war.A look at how the Korean talks were arranged and what to expect from them: Kim Jong Un’s olive branchIn a New Year’s Day speech, North Korea’s young leader, Kim Jong Un, said he was willing to send a delegation to next month’s Winter Olympics in South Korea, while also announcing he has a “nuclear button” on his desk that could launch an atomic bomb at any location in the mainland United States. … [Read more...] about What to expect from planned talks between North and South Korea