Business
SGX ETF market hits record S$16.3 billion AUM in Q3 on strong gold, Reit demand
It records net inflows of S$736 million in the quarter, bringing the total to S$1.4 billion in the year to date The exchange-traded fund…
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Demand
Business
Gold hovers near two-week low as US-China trade optimism dents demand
Gold prices hovered n Tuesday (Oct 28) near their lowest in more than two weeks, as optimism over a possible US-China trade deal dented…
Business
Toyota’s September output grows for fourth stright month, aided by strong US demand
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month,…
Business
Toyota’s September output grows for fourth straight month, aided by strong US demand
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month,…
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EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as federal support for electric…
Business
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the…
Business
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of…
Business
Labubu resale price falls may be more about supply than demand
Kasidit Teerawiboosin, 22, has ridden the wave of Labubu’s success as a reseller in Thailand of toys from Pop Mart, but the days of easily…
Business
Heineken to sell less beer in 2025 as demand falters
CEO Dolf van den Brink said macroeconomic volatility had become more pronounced in the third quarter Dutch brewer Heineken warned on…
Business
Nasdaq profit tops estimates on higher trading volume, fintech demand
Nasdaq also saw broad-based growth across its financial technology and software divisions Exchange operator Nasdaq beat Wall Street…
Business
Coca-Cola tops quarterly revenue estimates on steady soda demand
It reported quarterly revenue of US$12.5 billion, compared with estimates of US$12.39 billion Coca-Cola’s revenue and profit exceeded Wall…
Business
Lockheed Martin lifts 2025 forecasts on robust defence demand
The company’s total revenue rose 8.8% to US$18.61 billion in the third quarter, above analysts’ average estimate of US$18.56 billion US…
Business
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s…
Business
United sees demand ‘strengthening’ as profits edge lower
UNITED Airlines reported a slight dip in profits on Wednesday as operating expenses ticked higher, adding that a strengthening demand…
Business
LVMH surges to biggest daily jump in 20 years as China demand sparks US$80 billion luxury rally
The strong sales figures surprise investors and are expected to sustain momentum in luxury stocks [PARIS/LONDON] LVMH shares had their…
Business
Abbott posts higher quarterly revenue on strong medical device demand
Abbott reported higher quarterly revenue on Wednesday (Oct 15), driven by strong demand for its medical devices including continuous…
Business
Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand
Aztech Global’s net profit fell 21.2 per cent to S$10.8 million for the third quarter ended Sep 30, from S$13.7 million in the previous…
Business
ASML orders beat expectations as AI arms race boosts demand
ASML Holding posted stronger-than-expected orders in the third quarter and said sales next year would be at least on par with 2025, as…
Business
Samsung expects highest quarterly profit in over three years, lifted by AI chip demand
Samsung Electronics on Tuesday (Oct 14) projected a 32 per cent rise in third-quarter operating profit from a year earlier, beating…
Business
Gold hits record high as US-China trade concerns boost safe-haven demand
Gold prices climbed to a record high on Monday (Oct 13), driven by safe-haven demand on fresh US-China trade concerns, while broader…
Business
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold…
Business
Porsche’s China sales slump 21% on muted luxury demand
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track Porsche’s sales in China…
Business
Gold pauses after record rally on safe-haven demand
Markets are pricing in an additional 25-basis-point cut each in October and December Gold eased on Thursday (Oct 9), as investors booked…
Business
SGX securities trading volume surges 50.8% in September on stronger equities demand
The Singapore Exchange (SGX) reported a 50.8 per cent year-on-year rise in its securities turnover volume, as demand for local equities…