Business
Electric trucks are the latest threat to oil demand in China
MORE and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an…
Tag
Demand
Business
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply.…
Business
UBS’s Iqbal Khan sees rich customer demand for alternative assets
Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period…
Business
Weak Chinese demand leaves Australia with too much wheat
Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in…
Business
Iron ore stays relevant despite China’s faltering property sector as demand drivers evolve
Iron ore, the backbone of China’s steel-fueled boom for more than two decades, is facing a pivotal demand shift. The ferrous metal’s…
Business
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and…
Business
OpenAI to open office in Seoul amid growing demand for ChatGPT
OpenAI will set up its first office in Seoul and has established an entity in South Korea as demand in the country jumps for its ChatGPT…
Business
Ralph Lauren beats quarterly revenue estimates on resilient demand
It posted quarterly revenue of US$1.70 billion, compared with estimates of US$1.65 billion Ralph Lauren surpassed quarterly revenue…
News
Activist freed in Tanzania after Kenyan government demand
An activist detained in Tanzania for three days has been released shortly after Kenya's foreign ministry demanded his release. A top…
Business
Private credit funds target billions in retail demand from Asia
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last…
Business
Zoom lifts annual forecasts on robust demand amid AI push
Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial…
Business
Covid-19 testing demand surges as cases spike across Asia
Phase Scientific has developed the world’s first urine-based human papillomavirus test, and is planning to expand that business globally…
Business
Japan’s 20-year bond auction gets weakest demand since 2012
The sale comes after a recent surge in longer Japanese bond yields and increased volatility owing in part to US President Donald Trump’s…
Business
Income’s financial advisory arm wants to capture demand for alternative investments
Amid growing demand for private market and alternative investment products in Singapore, financial advisers are increasing efforts to…
Unsorted
What Barbie’s Declining Foot Arch Reveals About Consumer Demand for Comfort Shoes
Turns out, Barbie’s feet have been quietly staging a fashion revolution. A new peer-reviewed study in PLOS ONE analyzed more than 2,700…
Business
IEA predicts slower oil demand growth for the rest of 2025
The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of electric vehicles…
Business
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war…
Lifestyle
Low-cost carriers hit hardest by US travel demand slump
A slump in travel demand due to President Donald Trump’s trade war has left all US airlines reeling, but the pain is most acute at budget…
Business
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President…
Business
Coca-Cola results beat estimates on price hikes, demand surge
Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from…
Business
Singapore Savings Bond demand falls short by over S$200 million; 10-year return down at 2.69%
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance The latest Singapore Savings Bond…
Business
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand…
Business
Nvidia supplier SK Hynix’s profit soars 158% on AI demand boost
SK Hynix’s operating profit jumped a bigger-than-expected 158 per cent, helped by both a global race in artificial intelligence (AI) and…
Business
Q&M Dental proposes secondary listing on Bursa Malaysia; issues letter of demand to Aoxin Q&M CEO
Q&M Dental Group is proposing a secondary listing on the main market of Bursa Malaysia. The move would broaden its investor reach and…