USB Estimates Apple Paid $6B to Qualcomm

Posted 9 minutes agoShare Print Apple probably paid Qualcomm between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday. Apple…

Risk on as China growth beats estimates

Aussie surges as growth tops forecasts AUD/USD climbed to the highest in almost two months after the Chinese economy grew more than expected in the first quarter. The economy expended 6.4% from a year earlier,…

Aussie gains as China PMIs beat estimates

Services PMI at four-month high Despite the manufacturing PMI remaining below the 50 threshold denoting expansion and contraction for a second month, coming in at 49.5, the fact that we didn’t fall deeper into contraction…