News

Gatwick Airport, UK: Flights at London Gatwick Airport have now resumed. We still expect it will take some time for operations to fully return to normal.

1. **New CEO's Debut** – Ternus, who has served as Apple's head of hardware since 2021, has hosted numerous Apple product launches, but this will be his first appearance as CEO. This event will be his first opportunity to showcase his vision for the company. 2. **The Long-Standing Issue of iPhone Price Increases** – Pricing of the new products is perhaps one of the most anticipated issues at this event. Apple has taken measures this year to mitigate the impact of rising chip prices, and it is reported that it will raise the prices of the iPhone 18 Pro and iPhone 18 Pro Max by $100 each, a smaller increase than previously expected. 3. **First Foldable iPhone** – Apple is reportedly naming its first foldable phone the "iPhone Duo," with a starting price of $2,000. The entry-level version will come with 256GB of storage, and Apple will also release a larger capacity version, with the highest price potentially reaching around $3,000. This phone will be available as early as October, in white and dark blue. 4. iPhone 18 Pro Series – The iPhone 18 Pro series will be almost identical in appearance to the 17 Pro series, with one major change being the replacement of orange with burgundy. However, in terms of cameras, the 18 Pro series will feature a new lens and professional-grade imaging software. It may also incorporate a mechanical aperture on a larger model, enabling more precise depth-of-field control and improving low-light performance. Furthermore, the island design of this series will be further reduced, and it will feature the A20 Pro chip and a redesigned vapor chamber for better heat management. 5. Apple Watch and AirPods 5 – Apple will introduce new colors and redesign the case and band for the new Apple Watch Series 12 and Ultra 4. The Series 12 will be available with a ceramic case again; the Ultra 4 will have longer battery life. Additionally, Apple will release the entry-level AirPods 5 with significantly upgraded active noise cancellation. 6. Other Potential New Products – A home hub for controlling smart home devices, a new Apple TV with a faster processor, and the HomePod mini. Furthermore, Apple is expected to announce the official release dates for iOS 27, iPadOS 27, macOS Golden Gate, tvOS 27, watchOS 27, and visionOS 27. 7. Products Not to be Released This Time – According to media reports, the standard iPhone 18 will be delayed until next spring; the in-ear AirPods will also be delayed until next year; the MacBook Pro with the M6 ​​chip and the new iMac may be launched before the end of this year; the new MacBook Pro with an OLED touchscreen may be launched at the end of this year or early next year; and the OLED iPad mini is expected to be released before the end of October.

Heathrow Airport, UK: Flights are operating normally today, but some flights may still be delayed due to airlines redeploying aircraft and crew.

According to Japan's Kyodo News, Japanese Defense Minister Shinjiro Koizumi has cancelled his visit to Indonesia.

The National Bank of Kazakhstan reported that Kazakhstan's net gold and foreign exchange reserves reached $68.562 billion in August (an increase of 11.8% month-on-month).

According to CNN Arabic, a source familiar with Saudi Arabia's thinking said on Tuesday that Saudi Arabia is planning retaliation following the Houthi attacks on Saudi territory in Yemen and has informed its allies of its plans. The source explained that Saudi diplomats informed US lawmakers in August that political communication channels with the Houthis had broken down and that the Houthis planned to escalate their actions against Saudi Arabia and were seeking Washington's support in countering the Houthis. Referring to US Central Command, the source said, "The Saudi side has agreed with Central Command on the next steps and has also notified its European partners." He added that this retaliation "has always been an option when the Houthis launch attacks." The form or intensity of this response remains unclear. The source noted that Saudi Arabia is also working to involve other countries in its efforts to counter the Houthis, some of which had previously worried that such a move would be seen as joining a war between the US and Iran. The source also mentioned, "The partnership built through the naval alliance is both to deter such incidents and to prepare for them."

Israeli officials: Israel has notified the British consulate in East Jerusalem that its diplomats will have their credentials revoked within 30 days.

Israeli officials: Israel has notified the British consulate in East Jerusalem that it must close within 30 days.

Ukrainian officials say Russian airstrikes damaged port infrastructure in Mykolaiv, Ukraine.

India's NIFTY financial services index fell 1%.

According to the Financial Times, Anthropic's refusal to submit its latest model to the UK AI Safety Institute for pre-release testing has raised concerns within the British government that the tech company is aligning itself with the Trump administration's AI protectionist policies.

According to MacRumors, Apple's 2026 foldable iPhone may be named "iPhone Ultra." The external screen will be approximately 5.5 inches, using an OLED display, primarily for operation when the phone is folded. When unfolded, it will feature a large 7.8-inch OLED screen. The unfolded device will be wider horizontally than vertically, resembling an iPad mini folded in half. When unfolded, the iPhone Ultra may be only 4.5 mm thick, making it Apple's thinnest iPhone to date. When folded, it will be approximately 9 mm thick, similar to the 8.75 mm thickness of the iPhone 17 Pro Max. Due to limited internal space, the iPhone Ultra may not be able to accommodate the TrueDepth camera system for Face ID, and will instead use Touch ID. A Touch ID power button will be located on the side of the device, similar in design to the iPad Air and iPad mini. Although it lacks Face ID, both the internal and external screens will have front-facing cameras. Apple also lacks sufficient internal space for a triple-lens rear camera system, so the iPhone Ultra will not have a telephoto lens.

India's NIFTY IT index fell further to 3%.

An executive at Mangalore Refineries & Petrochemicals Ltd. in India said that rising domestic diesel demand is prompting refineries to increase diesel production rather than aviation fuel.

An executive at Mangalore Refining & Petrochemicals Ltd. in India said: “The refinery’s capacity utilization rate was 105%-108% over the past six months.”

Scotiabank lowered its price target for Oracle (ORCL.N) from $241 to $215.

Japan's Ministry of Foreign Affairs: Japan and Oman held a video conference of international law officials to exchange views on international law issues related to the Strait of Hormuz.

A research report from Bank of America Securities indicates that with Apple's upcoming fall product launch event, market focus is expected to be on Apple's first foldable iPhone, significant price increases for the Pro series, and the possibility that the company may postpone the release of the lower-priced standard iPhone 18 model to spring 2027. Rumors suggest the entry-level foldable iPhone may start at $2099, becoming Apple's most expensive iPhone. Bank of America Securities predicts the 18 Pro and Pro Max will see price increases of $150 to $200 due to rising memory and storage costs. The base models iPhone 18, 18 Air, and 18e are reportedly planned for a spring 2027 launch, significantly altering Apple's past release schedule and leaving only high-end models available during the holiday sales season. Bank of America Securities believes that separate releases may help improve the product mix and average selling price, but price-sensitive consumers may postpone their upgrades. The report maintains a buy rating on Apple with a target price of $380, corresponding to approximately 37 times the company's 2027 fiscal year earnings per share forecast.

JPMorgan: The appreciation of the yen and the decline in yields will accelerate the recovery of Japan's AI sector.

Royal Bank of Canada raised its price target for Qualcomm (QCOM.O) from $160 to $180.