Following the launch of the iPhone 18 Pro models alongside the iPhone Duo earlier this year, the focus now appears to be shifting towards Apple’s MacBook lineup. A seasoned journalist claims that the Cupertino-based tech giant could be preparing a major design refresh. The next-generation models are expected to introduce several changes. The redesigned MacBook Pro c...

With the festive season in India around the corner, various e-commerce platforms have announced exciting offers on a wide range of products. But it is not just hardware that is on offer. Adobe has revealed that eligible students can get a free one-year subscription to Photoshop. As part of the offer, users can access the photo-editing software without paying its usual...

Regional stocks were off to a mixed start on Monday while the US dollar edged lower and bonds steadied, as investors trimmed bets on an aggressive policy tightening cycle by the Federal Reserve following cooler-than-expected US jobs data. Trading was thin in Asia with holidays in the Chinese mainland and South ⁠Korea, leaving markets to take their cue from Wall Street's moves on Friday. In Hong Kong, the benchmark Hang Seng Index opened down eight points, or 0.04 percent, at 23,963. The tech index slid 19 points, or 0.47 percent, to 4,138 while the China Enterprises Index inched nine points, or 0.12 percent, down to 8,021. Data last week showed US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost taking another rate hike from the Fed this month off the table. "Labour conditions are stable overall, but Friday's downward revisions signal that the US economy has lost jobs in two out of the nine months year to date, and the risk of further employment losses means that the Fed can't hike another 100 basis points from here, which is what the curve is pricing in," said Jose Torres, senior economist at Interactive Brokers. Investors are now pricing in just ⁠a 22 percent chance that the Fed could raise rates this month, as compared to a 64 percent chance ⁠a week ago, according to the CME ⁠FedWatch tool. The growing prospect of a Fed pause this month helped the Nikkei in Tokyo open with a surge of 804 points, or 1.18 percent, to 69,113, and the 22 benchmark kept on going after that to be 1,656 points up at one stage before noon. In Brazil, markets there are expected to jump later in the day after it became clear that Brazilian Senator Flavio Bolsonaro will face President Luiz Inacio Lula da Silva in the runoff of a presidential election, doing better than expected in the first round of voting. A recent selloff in ⁠global bonds hit pause on Monday, with benchmark 10-year US Treasury yields retreating slightly to 5.2643 percent while two-year yields stood at 4.8143 percent. While yields fell slightly in the wake of the US jobs data, they closed higher on Friday as the report did not rule out further Fed rate hikes in the coming months. Still, yields across major economies remain near multi-year highs, as bond prices come under pressure from deteriorating government finances, a glut of issuance and elevated energy costs. Cedric Lam, senior investment strategist at Standard Chartered, said that while recent US data has started to show softer-than-expected inflation, "market technicals" are likely temporarily delaying a move lower in bond yields, due to forced selling among hedge funds and real estate investment trusts. "Nevertheless, we do not expect this to be an ⁠extended selloff. We have initiated an opportunistic bullish idea on US 10-year government bonds," he added. The dollar was meanwhile on shaky ground owing to the reduced Fed hike expectations, with the euro bouncing from a 17-month low to US$1.1243 while sterling ticked slightly higher to US$1.3241. Against the yen, the greenback was down marginally at 157.81. "Tighter policy elsewhere and a growing case for an October Fed pause are US dollar headwinds. But US growth outperformance and strong foreign appetite for US securities keep US dollar risks skewed to the upside," said Elias Haddad, global head of markets strategy at BBH. In commodities, oil prices stayed elevated after Yemen's Iran-backed Houthis said they launched ⁠ballistic missiles and drones at Saudi Aramco sites in Riyadh and the Khurais area. (Reuters) Edited by Tony Sabine