StoneX and Bamboo unite for payments solution in Latin America

Analyst houses Canalys and IDC reported growth in the global smartphone market fuelled by the hype from gen AI equipped devices.

The global smartphone market declined by 1% year-on-year in Q2 2025, marking the first quarterly drop in six quarters, according to analyst firm Canalys. The modest fall reflects continued subdued consumer demand across key markets.

Indonesian telco Indosat Ooredoo Hutchison announced on Wednesday it has signed a strategic MoU with Chinese phone maker Transsion Holdings to make affordable smart devices available to Indonesians, particularly in rural and underserved areas.