The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
As Apple's revenue growth in the Americas and Europe flatlined during the July-September quarter, Japan proved to be a bright spot for the consumer electronics giant.
Japan was the company's fastest-growing region in terms of revenue with 41 percent on-year growth last quarter, significantly higher than revenue growth of 6 percent in Greater China.
Sales growth in Japan was driven by Apple's tie-up with NTT DoCoMo – the country's largest carrier – which highlights the consumer electronics giant's dire need for a deal with China Mobile, analysts said.
(Read more: Apple earnings, revenue beat Wall St. estimates)
"Japan has been a strong market for Apple for some time on both iPhone and iPad. This quarter was particularly strong as Apple added NTT Docomo as a carrier," said Carolina Milanesi research vice president, Consumer Technologies and Markets, at Gartner.
NTT Docomo began selling iPhones to its 60 million customers in September. The company provided heavy subsidies for the device, forcing rivals KDDI and SoftBank to boost their incentives for iPhone buyers, all to the benefit of Apple.
Apple accounted for 34 percent of the country's 2.8 million mobile phone sales in September, up from 14 percent in both July and August, according to Counterpoint Research.
(Read more: Live blog:Apple's earnings call)
Tom Kang, managing director, Mobile Devices at Counterpoint Technology Market expects solid revenue growth in Japan to continue for the next two quarters.
"There are two factors - the pull factor is that the minimalist design of the iPhone really resonates with Japanese consumer tastes," said Kang. "And the push factor is Docomo made a big deal with Apple where they are trying to sell as many iPhones as they can, and KDDI and SoftBank are making sure their users don't turnover to Docomo."
"Strong revenue growth is going to continue until everyone who wanted an iPhone gets an iPhone and that's probably going to be next March," he said, noting that January to March is traditionally the gift giving season in Japan.
In order for Apple to increase its addressable market in China, it needs to lower the price of its devices and add China Mobile as a carrier of its products, said analysts.
(Read more: Apple, China Mobile deal may be coming soon)
Apple was expected to announce a partnership with China Mobile, the world's largest mobile carrier with 750 million subscribers, during a launch event in Beijing in September. However, no deal has been confirmed.
"China Mobile is a way to open up a whole new market. Partners are critical to driving sales volume. All handset makers operate that way," said Alberto Moel, senior research analyst at Sanford C. Bernstein.
Melissa Chau, senior Research Manager at IDC Asia Pacific agrees that a deal with China Mobile is critical to Apple's success in the mainland, but points out that the company is running out of partners to tie up globally that will drive huge jumps in revenue.
(Slideshow: Rising smartphonestars look to outshine Apple)
"Apple's biggest growth comes with tying up with new partners, and as long as they can do so, they are on a good growth path," said Chau.
"(However) they have covered most partners. China Mobile would be a feather in their cap, but what then?," she said.
—By CNBC's Ansuya Harjani; Follow her on Twitter