Business
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bank CITIGROUP said it expects social finance funding…
Tag
Demand
Business
Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions
Tax investigations in India can drag on for years and are often a sore point for foreign companies KIA on Friday (Feb 7) said it is…
Business
Barbie parent Mattel forecasts annual profit above estimates after steady holiday demand
TOYMAKER Mattel on Tuesday forecast full-year profit above Wall Street expectations after beating holiday quarter estimates, owing to…
Business
Cathay Cineplex receives letter of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operations CATHAY…
Business
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operations CATHAY…
Business
Volkswagen sues India to quash ‘enormous’ US$1.4b tax demand, legal filing shows
Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of US$1.4 billion, arguing that the ask is…
Business
Construction companies need to collaborate and plan better as demand climbs
Poaching and project delays could plague the sector as it faces a greater strain on manpower and resources STRONG growth in construction…
Business
Keppel Reit H2 2024 DPU falls 3.4 per cent to S$0.028; manager confident of strong Singapore office demand
DPU fall comes despite a 13.6% increase in H2 FY2024 net property income to S$105.1 million THE manager of Keppel Real Estate Investment…
Business
Aramco chief expects additional oil demand of 1.3 million bpd this year - The Business Times
Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024 SAUDI oil giant…
News
Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
OIL prices rose more than 1 per cent on Thursday (Jan 9) as cold weather gripped parts of the United States and Europe, boosting winter…
Business
LG Energy posts unexpected loss as EV demand slows; shares drop
BATTERY maker LG Energy Solution reported an unexpected loss – sending its shares down – as cooling demand for electric cars hurt sales.…
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Oil prices ease as weak economic data offsets higher US winter storm heating demand
OIL prices eased in volatile trade on Monday (Jan 6) as some bearish economic news from the United States and Germany offset bullish…
Business
iPhone maker Hon Hai Q4 sales beat expectations on strong AI demand
Nvidia and Apple assembly partner Hon Hai Precision Industry reported better-than-expected sales growth last quarter as the artificial…
Business
Tesla annual deliveries fall for first time as incentives fail to drum up demand
TESLA reported its first fall in yearly deliveries on Thursday as lucrative year-end incentives for the Elon Musk-led electric vehicle…
News
This Doesn't Look Like Suicide': OpenAI Whistleblower Suchir Balaji's Parents Suspect Murder, Demand FBI Probe as Elon Musk Backs Their Claims
An emotional video of Indian-origin techie Suchir Balaji's father has ignited a storm on social media. The grieving father revealed he was…
Business
Nvidia supplier Ibiden weighs faster expansion to meet AI demand
IBIDEN, the dominant supplier of chip package substrates used in Nvidia’s cutting-edge semiconductors, may need to dial up the pace of…
Business
Oil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations…
Business
Analysts place ‘buy’ call on Oiltek on strong order book, growing demand for sustainable aviation fuel
Analysts from UOB Kay Hian (UOBKH) and Lim and Tan Securities have issued a “buy” call on the vegetable and edible oil engineering process…
Business
Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairman
Ron Sim alleges fraudulent misrepresentations before he acquired shares of Trek 2000 in 2015 MASSAGE chair and appliance manufacturer Osim…
Business
C3.ai lifts annual forecast on strong demand for enterprise AI software
C3.AI raised its forecast for fiscal year 2025 revenue on Monday (Dec 9), helped by healthy demand for the company’s enterprise artificial…
Business
Foot Locker to emphasise newer Nike styles at stores amid soft demand for its shoes
FOOT Locker executives said on Wednesday (Dec 4) that they are working closely with Nike to emphasise its newer styles, including Vomero…
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Guinness supplies being limited after demand soars
The amount of Guinness pubs can buy in the build up to Christmas has been limited by its maker Diageo after "exceptional demand" over the…
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Double spacecraft mission will create solar eclipses on demand to study the Sun
Europe's two eclipse-creating spacecraft are set to launch from India on Wednesday, beginning a mission that will require precision…
Business
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue…