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July 2nd - According to Nikkei, Apple plans to launch an ambitious iPhone lineup in the second half of this year and the first half of 2027, including at least five new models, and will increase foldable phone production to higher levels than previously expected in order to seize market share amid industry-wide shortages of key components. Sources familiar with the matter said Apple has asked suppliers to prepare production of approximately 10 million foldable iPhones this year, higher than the 7 to 8 million units predicted in previous months. The company has already ordered approximately 80 million smartphone-related components and parts for these new models, which will launch in the second half of 2026, including the iPhone Pro, iPhone Pro Max, and the first foldable iPhone. Sources indicated that compared to most competitors, Apple has stronger bargaining power in the procurement of memory and key components, and Apples total iPhone production in 2026, including existing and upcoming models, is expected to far exceed 220 million units.According to Nikkei: Apple will launch five new iPhone models.On July 2nd, Hang Seng Indexes Company Limited and Cyberport announced the launch of a thematic index exploration program on June 30th, 2026. This program, in collaboration with innovative technology companies, aims to develop artificial intelligence solutions to accelerate the design process of thematic indices. This is the second phase of the Index Innovation Lab project. Established in 2024 by Hang Seng Indexes Company Limited and Cyberport, the lab explores the use of cutting-edge technologies such as artificial intelligence to support Hang Seng Indexes Companys index operations and provide index solutions that better meet market demands.Finnish Defence Forces: Finland has established a temporary airspace restriction zone in the eastern part of the Gulf of Finland.July 2nd - Alipay announced on July 2nd that "A Bao" has officially opened for public beta testing. iOS and Android users can experience it by searching for "A Bao" or "Ant A Bao" in the app store or the Alipay app. The AI version of Alipay, "A Bao," was released and opened for invitation-only testing on June 16th.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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