Business
Oil inches up on US demand strength; fading Middle East supply risks offset gains
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up,…
Tag
Demand
Business
Circle K owner misses estimates on lower fuel prices, demand
Circle K owner Alimentation Couche-Tard slightly missed earnings estimates for its fiscal fourth quarter earnings because of lower fuel…
Business
Micron forecasts revenue above estimates on AI-driven memory chip demand
The company expects an adjusted gross margin of about 42%, plus or minus 1%. Micron Technology forecast fourth-quarter revenue above Wall…
Business
Oil rebounds on signs of strong US demand
Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand,…
News
Gold prices flat as fragile Iran-Israel ceasefire tempers safe-haven demand
Gold prices held their ground on Wednesday (Jun 25) as a tentative ceasefire between Iran and Israel dampened safe-haven demand, though a…
Business
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company’s expects revenue between US$234 million and US$244 million for the unit, from its prior forecast of US$230…
Business
Young investor demand for alternative assets is reshaping Wall Street’s playbook
Wall Street has a new favourite investor. They are young, they are affluent and they’re sceptical that traditional markets can deliver…
Business
Investors eye infrastructure sector for diversification and to ride demand
The infrastructuresector is piquing investor interest, given that data centres and the growing number of electric vehicles are consumers…
Lifestyle
South-east Asia’s budget airlines bet on travel demand, despite competition woes
South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing…
Business
Fidelity, BlackRock target Chinese demand for offshore funds
Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according…
Business
Malaysia to build 50% more gas-fired power capacity to meet data centre demand
Malaysia is expected to add 6-8 gigawatts of gas-fired power by 2030 to address growing electricity consumption driven by demand from data…
Business
Gold tops one-month high as Middle East tensions spur safe-haven demand
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven…
Business
Airbus revises up 20-year jet demand forecast despite trade tensions
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport…
Business
Eating out loses its bite; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say…
Business
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
Business
Oil Prices Firm Ahead of U.S.–China Trade Talks as Market Eyes Supply and Demand Signals
A cautious sense of optimism returned to oil markets on Monday. As talks between the world's two largest economies resumed, traders began…
Business
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Business
Demand for AI-related talents increasing globally across sectors
It has been an active market for global roles in the area of artificial intelligence (AI), with several top-level appointments being…
Business
Gold Edges Higher as Rate Cut Hopes Grow; Silver Hits 13-Year Peak on Industrial Demand
Gold offered a glimmer of hope for many investors who kept an eye on the tumultuous markets this week. Amid mounting jobless claims and…
Business
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday,…
Business
Soaring demand for Nintendo Switch 2 boosts massive video game market
Benedict Corpuz has always been a “day one” type of person when it comes to fueling his video game habit. Beginning in his high school…
Business
L.A.’s Independent Jewelers on Economic Shifts and Consumer Demand
With global economic uncertainty reshaping luxury markets, the fine jewelry industry is undergoing its own transformation. Independent…
Business
Gold edges higher as soft US data lifts safe-haven demand
Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market…
Business
TSMC says tariffs have some impact but AI demand robust
[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace…