Business
Mitsubishi Heavy to double gas turbine capacity as demand soars
Mitsubishi Heavy Industries aims to double its gas turbine capacity in the next two years as demand for the equipment rises globally due…
Tag
Demand
Business
SoftBank, Rakuten tap Japan’s booming retail demand for bonds
SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw…
Business
Oil prices fall with expected low demand, upcoming supply boost
Oil prices fell on Friday (Aug 29) as traders looked toward weaker demand in the US, the world’s largest oil market, and a boost in supply…
Business
SNL Fans Demand Show's CANCELLATION After Heidi Gardner Leaves Iconic Sketch Comedy Series
Saturday Night Live (SNL) fans have expressed disappointment after Heidi Gardner confirmed that she is leaving the show after eight years.…
Business
RHB expects S-Reit demand to rise, Singapore Government Securities yield to moderate further
Singapore Reit (S-Reit) demand is expected to rise, said RHB Bank analyst Shekhar Jaiswal on Friday (Aug 29). A benign inflation backdrop,…
Business
Toyota Keeps Rolling With Record July Sales as EV and Hybrid Demand Surges
This article first appeared on GuruFocus. Toyota (TM, Financials) just had another solid month and it's starting to feel like clockwork.…
Business
Qantas’ annual profit beats estimates on strong travel demand
— RALIAN carrier Qantas Airways posted a better-than-expected annual underlying profit on Thursday, driven by robust travel demand across…
Business
Qantas posts second-highest annual profit on robust travel demand
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year…
Business
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’ Raffles Education has received a letter of…
Business
Oil rises 1% on stalled Russia-Ukraine peace talks, strong US demand
Oil prices rose by nearly a dollar a barrel on Thursday as Russia and Ukraine blamed each other for a stalled peace process, and as…
Business
BHP banks on China export resilience and India growth for demand
China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an…
Business
China’s limp LNG demand faces more hurdles from Guangdong reform
China’s tepid imports of liquefied natural gas (LNG) face further pressure after market reforms in the southern province of Guangdong that…
Business
Foxconn sees robust AI demand continuing after Q2 profit tops forecast
Foxconn expects higher third-quarter revenue, it said on Thursday (Aug 14), on robust demand for artificial intelligence servers, which…
Business
Lenovo’s profit beats estimates with PC growth and AI demand
US President Donald Trump has announced tariffs on imports from some trading partners and declared plans for a 100% levy on chips, raising…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million, cites defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million on back of defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi…
News
Israel bombards Gaza City as UK and allies demand action against 'unfolding famine'
Gaza City has come under intense air attack, the territory's Hamas-run civil defence agency has said, as Israeli forces prepare to launch…
Business
Goodyear India's Q1 profit falls on weak auto demand
Tyre maker Goodyear India reported a 43.6 per cent fall in first-quarter profit on Monday (Aug 11), hurt by dampened automobile demand.…
Business
China July car sales growth slows on weak hybrid demand, price war curbs
China’s car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world’s biggest auto market crack…
Business
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Business
Azalea’s Astrea 9 bonds over 3 times subscribed, draw more than S$3.4 billion in demand
Investor demand for the latest Astrea private equity (PE) bonds has surged, with total subscriptions surpassing S$3.4 billion across all…
Business
Siemens revenue climbs on robust demand for rail products
To improve profitability, the company is pivoting towards software-driven product lines in all its units Siemens’s revenue and orders rose…
Business
Sony lifts outlook on entertainment demand despite tariff threat
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its…