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Schneider Electric gears up to meet tsunami of power demand from AI, EVs, global warming fallout
Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.…
Tag
Demand
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Schneider Electric gears up for tsunami of power demand from AI, EVs, global warming fallout
Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation.…
Business
Thai prices hit near 4-month high; India prices ease on weak demand, soft rupee
Thailand’s 5% broken rice was quoted at US$370 per metric tonne, its highest since July 31 Thailand’s rice prices jumped to a near…
Business
Toyota’s October output grows for fifth straight month on strong US demand
Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid…
Business
Chinese LNG demand looks set to disappoint for yet another year
Chinese liquefied natural gas (LNG) imports are at risk of another weak year as disappointing industrial demand and persistently high…
Business
Chinese bonds see no haven demand from stock losses on PBOC bets
The central bank’s reluctance to ease its policy further remains the core issue weighing on the debt market China’s stock and bond markets…
Business
Philippines mulls rate cut to spur demand after scandal hit
The Philippine central bank will consider another reduction in the benchmark interest rate next month to help spur demand, its top…
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Exxon freezes plans for major hydrogen plant amid weak customer demand
Exxon Mobil has paused plans to build what would be one of the world’s largest hydrogen production facilities due to weak customer demand,…
Business
Aryan Anna Group Strengthens Global Positioning as Investor Demand and Media Recognition Rise
Aryan Anna Group, a financial services firm active in wealth management, asset management and structured lending, has announced…
Business
Centurion posts 9% rise in Q3 revenue with strong demand for worker, student housing
The company has S$713 million in borrowings as at Sep 30, against S$434 million in cash Centurion Corp saw revenue rise 9 per cent to…
Business
TSMC monthly sales growth slows as AI demand moderates
Taiwan Semiconductor Manufacturing Company (TSMC) reported slowing growth in its revenue in October, potentially another indication that…
Business
UOB issues S$74.6 million payment demand to mm2 Asia
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from…
Business
Nvidia CEO Huang sees strong demand for Blackwell chips
[HSINCHU, Taiwan] Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong demand” for its…
Business
Oil falls as investors weigh potential supply glut, weak demand
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the…
Business
Fu Yu receives letters of demand from fired CEO seeking S$2 million over salary and alleged defamation
The sum claimed by David Seow includes over S$1.8 million in salary and S$200,000 in damages Fu Yu has received two letters of demand from…
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Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors Sunway Healthcare Group is…
Business
Harley-Davidson tops revenue estimates on demand for custom touring models
Harley-Davidson topped third-quarter revenue estimates on Tuesday (Nov 4) on robust demand for its high-margin custom touring models,…
Business
US: Wall Street opens higher on optimism for AI demand
Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a…
Business
Singapore’s gold investment leaps 47% in Q3; global demand hits record high
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Business
Buying of gold bars, coins in Singapore leaps 47% in Q3; global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Business
Singapore’s gold buying spree fuels 47% sales jump in gold bars, coins as global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Business
Samsung’s chip profit soars after AI fuels demand for memory
The spending spree is spilling over into demand for conventional memory products, where the chipmaker dominates Samsung Electronics’…
Business
Alphabet hikes capex again after earnings beat on strong ad, cloud demand
STRONG AI demand helped power Alphabet‘s financial results, as both the core advertising and cloud computing businesses of the Google…
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Vietnam boutique brands expand to Singapore amid rising demand
These labels, which do well among Singaporeans on their home turf, are setting up outlets to hawk trendy, affordable fashion Along the…