Business
SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million Analysts are…
Tag
supply
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…
Unsorted
Nexperia says payment dispute led to supply break with China
The company cannot guarantee the quality or authenticity of its chips delivered from China after Oct 13 NEXPERIA suspended supplies to its…
Business
Nexperia says it halted supply after China unit refused to pay
Nexperia said that it suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal…
Business
Samsung SDI in talks with Tesla to supply energy storage batteries in deal worth over 3 trillion won
South Korea’s Samsung SDI said on Tuesday it is in talks to supply energy storage batteries to Tesla, in an order that Korean media said…
Business
China aims to revive steelmaking without ordering cuts to supply
Beijing seems to have committed to a more gradual tightening of the screws on steelmakers that would play out over years rather than…
Business
Global automakers scramble for chips as Nexperia supply crunch threatens production
Nissan and Mercedes are among the carmakers trying to come to grips an uncertain supply situation [TOKYO/BERLIN] Global automakers are…
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
China says Dutch Nexperia seizure places supply chain at risk
Talks between the two governments come a week after the Dutch state seized control of Nexperia using an emergency Cold-War era law China’s…
Business
Oil settles higher as investors focus on supply signals
Oil prices settled higher on Tuesday, bouncing off the previous session’s five-month lows, as investors reassessed expectations of a…
Business
Oil settles at 5-month low as supply glut fears mount
Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with US-China trade tensions…
Business
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
Oil prices eased on Wednesday to a five-month low on escalating US-China trade tensions and the International Energy Agency’s prediction…
Business
China flexes superpower status using rare earths in global supply chain grab
China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it…
Business
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate “important but routine tasks” such as the transportation of goods FairPrice Group (FPG) on…
Business
Oil settles flat amid Opec+ output hike, supply glut fears
Oil prices steadied on Tuesday (Oct 7) as investors weighed a smaller-than-expected increase to the Organization of the Petroleum…
Unsorted
Oil posts 8% weekly loss on potential Opec+ supply additions
Oil prices settled higher on Friday but posted a weekly loss of 8.1 per cent after news of potential increases to Opec+ supply. Brent…
Business
Fu Yu closes investigations into supply chain unit, sees ‘no merit’ in taking action against individuals involved
Precision manufacturer Fu Yu Corporation will close its investigations into irregularities at its wholly owned supply chain unit, and will…
Business
Samsung, SK Hynix to supply memory chips to OpenAI’s Stargate project
Samsung Electronics and SK Hynix have signed letters of intent to supply memory chips for OpenAI’s data centres, they said on Wednesday…
Business
Oil settles lower as Opec+ plan adds to expectations of supply surplus
Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential Opec+ plans for a larger output hike next…
Business
Oil gains on Ukraine drone attacks cutting Russian supply
Oil prices rose on Friday (Sep 26) as Ukraine’s drone attacks on Russia’s energy infrastructure cut the country’s fuel exports. Brent…
Business
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Oil prices climbed about 3 per cent to a seven-week high on Wednesday as a surprise drop in US weekly crude inventories added to a sense…
News
Petronas reaffirms gas supply commitments after Malaysian court win
Shell Malaysia says that Shell MDS respects and will comply with the ruling of the Court of Appeal on the matter Malaysian state energy…
Business
Tech deals no longer an easy win for investors; AI demand will see more need for power supply: Bain report
Software spending among companies is declining, and software revenue as a percentage of US GDP has started to ease off After years of…
Business
Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first…