Economy · Important news for 1 September 2026
South Korea Plans Record Budget Expansion Powered by Chip Tax Windfall
Tim Cook steps down as Apple CEO after 15 years
Apple CEO Tim Cook has stepped down after a 15-year tenure that saw revenue grow over fourfold and market capitalization surpass $4 trillion, handing over leadership to John Ternus as analysis highlights the company's reliance on high-stakes external AI partnerships.
- John Ternus officially takes over as Apple CEO.
- Tim Cook grew Apple's annual revenue more than fourfold and increased market capitalization to over $4 trillion during his tenure.
- Tim Cook steps down as Apple CEO after 15 years
Japan's 2-year yield hits 31-year high and its impact on the yen carry trade
France Borrowing Costs Hit Near 2008 Highs Amid Sovereign Debt Concerns
India’s Economy Grows Faster Than Expected at 7.8%
Japan Ministries Seek Record Budget as Yields Hit 30-Year High
Brazil Unveils 2027 Budget With Surplus Target That Markets Doubt
RBI’s Short Dollar Book Surges to Record on Diaspora Deposits
UK Shop Price Inflation Hits Two-Year High After Energy Spike
Chinese manufacturing activity declines for second consecutive month
That's all the important news for now
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