demand
US: Wall St opens higher as Nvidia’s forecast calms AI demand fears
WALL Street’s main indexes opened higher on Thursday (Feb 27) as AI bellwether Nvidia’s upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly...
Top Thai hospital operator hastens expansion on foreign demand
THAILAND’S biggest private hospital operator will add more new beds than previously planned on expectations that an ageing local population and foreign demand for affordable healthcare services will further...
Qantas splurges on dividends as strong travel demand boosts profit, shares jump
AUSTRALIA’S flag carrier Qantas Airways on Thursday declared a special dividend for the first time in more than two decades and reported first-half profit ahead of estimates, helped by...
eBay forecasts quarterly revenue below expectations on weak demand
E-COMMERCE firm eBay forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector’s items and refurbished goods, sending its shares down 7...
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
GLOBAL demand for liquefied natural gas is estimated to rise by around 60 per cent by 2040, driven largely by economic growth in Asia, AI impact and efforts to...
Bank of Korea cuts rate to boost demand as Trump tariffs threaten exports
THE Bank of Korea (BOK) cut its benchmark interest rate in a widely expected move to support an economy jolted by political turmoil and threatened by the trade impact...
Bank of Korea cuts rate to boost demand as Trump tariffs cast shadow
THE Bank of Korea (BOK) cut its benchmark interest rate in a widely expected move to support an economy jolted by political turmoil and threatened by the trade impact...
Zoom issues dour revenue forecasts as demand slows
ZOOM Communications forecast revenue for the full year and the first quarter below Wall Street estimates on Monday as the company navigates an environment where employers are gradually moving...