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Stellantis scraps US plug-in hybrid sales, citing weak demand
The automaker’s pullback comes as Detroit carmakers reassess electric-vehicle spending amid policy changes under US President Donald Trump…
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Demand
Business
Western Demand Continues to Boost Boot Barn Sales as Preliminary Q3 Results Exceed Expectations
Boot Barn disclosed late on Friday that its preliminary third quarter results exceeded expectations. Released ahead of its appearance at…
Business
Former mm2 Asia subsidiary Vividthree receives letter of demand for S$1.2 million
Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2…
Business
Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2…
Business
mm2 Asia unit receives S$200,000 payment demand from creditor
This is the third demand for payment that mm2 Asia’s subsidiaries have received in two weeks A unit of the embattled entertainment group…
Business
Ikea to close seven shops in China amid competition, weak demand
The restructuring is aimed at directing resources to channels closer to consumers Ikea will shutter seven of its signature blue-box…
Business
AMD unveils new chip for corporate data centres, talks up demand
The company is widely regarded as the closest rival to Nvidia in the market for chips that create and run AI software Advanced Micro…
Business
AI memory demand propels Kioxia to world’s best-performing stock
Artificial intelligence’s insatiable appetite for data storage has delivered Japanese memory chipmaker Kioxia Holdings world-beating stock…
Business
mm2 Asia unit receives payment demand for S$18.9 million from creditor
A unit of embattled entertainment group mm2 Asia on Monday (Dec 29) said it has received a payment demand for S$18.9 million, even as the…
Business
Demand for China’s lithium batteries will slump in early 2026: car association head
A big drop in demand will hurt battery makers including Contemporary Amperex Technology Ltd and EVE Energy Demand for Chinese lithium…
Business
China consumer shares hit record losing streak on weak demand
Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to…
Business
KGI starts Ever Glory at ‘outperform’ with S$1.20 target amid high construction demand in Singapore
Its asset-light model and careful working-capital management enable disciplined expansion, says analyst KGI Securities has initiated…
Business
GST reductions and festive demand continue to drive Indian vehicle market up
India’s Light Vehicle (LV) wholesales rose by 23% month-on-month (MoM) in October to 537k units. Passenger Vehicles (PVs) increased by 23%…
Business
Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power counters IT WAS supposed to be a glum year for green stocks…
Business
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently access…
Business
Broadcom forecasts upbeat quarterly revenue on AI chip demand
The company reported revenue of US$18.02 billion for the fourth quarter ended Nov 2, above analysts’ average estimates BROADCOM on…
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Opec says Opec+ raised output in November, leaves demand view steady
Opec said on Thursday (Dec 11) that the wider Opec+ oil producer group nudged up output in November as eight Opec+ members pressed ahead…
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Brookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals Brookfield Asset Management plans to…
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Tactics to dump coal are failing in Asia as energy demand booms
Indonesia has cancelled a flagship project that was the poster child for shuttering coal plants early Coal’s future in Asia is looking…
Business
IBM accelerates cloud drive with US$11 billion Confluent deal as AI demand booms
Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models IBM said on Monday (Dec…
Business
WongPartnership issues payment demand to United Food for S$358,000 in unpaid professional fees
United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm…
Business
WongPartnership issues payment demand to United Food for S$358,000 in unpaid fees
United Food announced on Friday (Dec 5) that it received two letters of demand dated Dec 3 from WongPartnership, on behalf of the firm…
Business
Nvidia partner Hon Hai’s sales soar in sign AI demand persists
Hon Hai Precision Industry’s revenue rose 26 per cent in November, suggesting demand for Nvidia servers remains strong during an AI…
News
Hostages as leverage: Iran's secret demand aimed at crippling Israel's agriculture
If Thailand complied, it would deliver a painful blow to Israel’s agricultural sector at the very moment it was struggling to recover from…