Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Apple Inc. is raising the price of iPhone battery replacements and it will be up by $20. Starting March 1, the new price will be applied to battery replacements for all out-of-warranty iPhone models.
Apple confirmed the price increase this week and said it would start charging $89 for battery replacements for iPhone 13 and iPhone X models. This is $20 higher than the current price of a new battery. For iPhone 8 and iPhone SE, the new price would be $69 from the previous $49.
According to CNN Business, the Cupertino, California-headquartered tech giant is also set to raise battery replacement prices for its other devices. It was mentioned that batteries for the recent models of iPad would also see a $20 increase while batteries for MacBook Air have an additional $30.
The biggest price hike was applied to MacBook Pro models, and Apple upped its price by $50 more. It was noted that all Apple products come with one year warranty during purchase, so the changes in prices are only applicable to customers who did not sign-up for the company’s AppleCare+ repair service program.
The program covers costs based on the product type and model. Apple usually offers coverage for two to three years.
In any case, in its decision to raise prices, it was assumed that this could be the tech firm’s response to the rising inflation rates, the soaring cost of supplies, and other issues with the supply chain.
Through the changes in the battery replacement prices, Apple may also be getting another benefit as the higher rates could also push customers to just upgrade their iPhone units. They will not delay the upgrade since they may have to pay for the repair service program.
Owners of iPhone units that are not covered by warranty any longer may have to replace batteries at Apple stores soon thus, they may just choose to buy the newer models. Meanwhile, those who bought the latest iPhone 14 models are still under warranty, so if there is anything to fix, the company will repair it for free. However, once the warranty ends after a year, they will have to spend $99 for battery replacements if needed, CNBC reported.
