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…
Tag
Demand
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…
News
Oil prices edge up on worries about Russian output, higher US demand
Oil prices edged up about 1 per cent to a one-week high on Wednesday (Oct 8) as traders expected a lack of progress on a Ukraine peace…
News
Coward Mike Johnson Shrugs Off Trump’s Demand to Jail Illinois Dems
House Speaker Mike Johnson doesn’t seem the least bit disturbed that President Donald Trump wants to lock up Illinois Democrats amid his…
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…
Business
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and…
News
‘Ice batteries’ offer more sustainable air conditioning amid growing energy demand
Every night some 74,000 gallons (280,000 liters) of water are frozen at Norton Audubon Hospital in Louisville, Kentucky. The hospital used…
Fashion
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in…
Business
Gold notches fresh high on safe-haven demand, Fed rate-cut bets
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties Gold prices rose to an all-time high on…
Business
How Amazon’s October Prime Day Could Help Predict Holiday Shoe Demand
Shoe buying and the start of the holiday shopping season are just around the corner. That’s because Amazon‘s October Prime Day sales are…
Business
Gold tops US$3,900 for first time on safe-haven demand
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties Gold surged past US$3,900 an ounce for the…
Business
Disney Shareholders Demand Documents Related to Jimmy Kimmel Suspension About Whether Company Committed ‘Wrongdoing’ by ‘Capitulating’ to Trump Administration
A group of self-described “pro-democracy” organizations sent a letter to Disney chief Bob Iger on behalf of two shareholders demanding…
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…
News
Trump Digs in on Bizarre, Chilling Demand to Pam Bondi
President Donald Trump doubled down Monday on his threat to send Attorney General Pam Bondi after his political enemies. Speaking to the…
News
China’s steel work plan vows to ban new capacity, promote demand
Beijing has been expected to lay out its plans for the world’s biggest steel industry since promising to cut output at its annual policy…
Business
Apple’s iPhone 17 sales open to strong demand for Pro models
The company faces lofty expectations from Wall Street for holiday period sales, despite global economic concerns and the threat of future…
News
Schumer, Jeffries demand meeting with Trump over government shutdown
Two top Democrats -- Senate Minority Leader Charles E. Schumer and House Minority Leader Hakeem Jeffries -- wrote a letter to President…
News
Democratic leaders in Congress demand a meeting with Trump as government shutdown looms
As a possible federal shutdown looms, the Democratic leaders of Congress are demanding a meeting with President Donald Trump to negotiate…
Business
FedEx sees sales growth in sign of parcel demand rebound
The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts FedEx reinstated its…
Business
GM is in talks to extend China venture with demand recovering
Foreign automakers have scaled back in the Asian nation as domestic players have taken greater control of the market General Motors (GM)…
Business
Oil prices ease on US demand concerns
Oil prices eased on Wednesday after data showing an increase in US diesel stockpiles stoked worries about demand and the US Federal…
Business
Another Malaysian unit of mm2 Asia receives RM1.5 million payment demand
MM2 Star Screen is also asked to pay 5% interest on the amount owed, along with the legal costs of film distributor Antenna Entertainments…
Business
Asian industries lift energy transition spending as demand grows
The region still relies predominantly on fossil fuels and moving to cleaner sources is crucial to its ability, and that of the world, to…
Business
Carro raises US$60 million to tap Asia-Pacific demand for used Japanese cars; Cool Japan Fund leads funding
CEO of online car marketplace adds that more partnerships between it and Japanese automobile brands are coming to the region South-east…