demand
Price spikes, demand fears cast shadow over metal markets amid Trump’s 25% tariffs
Markets are in the dark as key details of Trump’s tariffs on steel and aluminium imports are still pending; experts fear heightened volatilityREACTION in the metals markets to US...
Gold hovers near all-time highs as Trump’s tariff threats lift safe-haven demand
GOLD prices firmed on Monday (Feb 10), and hovered near a record high hit in the previous session, as investors sought refuge in the safe-haven asset after US President...
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China would reduce energy demand.Money managers...
Bitcoin lags behind gold as Trump’s trade war spurs safe haven demand
After outperforming most asset classes in 2024, Bitcoin now finds itself under pressure as Donald Trump’s White House return and heightened geopolitical instability spark a rush for safe haven...
Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions
Tax investigations in India can drag on for years and are often a sore point for foreign companiesKIA on Friday (Feb 7) said it is contesting an Indian tax...
L’Oreal sales miss estimates as China demand remains weak
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in China.Sales overall rose 2.5 per cent on...
Frasers Hospitality Trust sees improved RevPAR in Q1 on sustained travel demand
FRASERS Hospitality Trust (FHT) recorded an increase in revenue per available room (RevPAR) across its portfolio in the first quarter ended Dec 31, 2024, on sustained travel demand for...
Gold hits record high as China-US tariff war drives safe-haven demand
GOLD prices touched an all-time-high on Wednesday (Feb 5), underpinned by safe-haven demand after China responded to US tariffs, which were initially imposed by President Donald Trump on the...
Barbie parent Mattel forecasts annual profit above estimates after steady holiday demand
TOYMAKER Mattel on Tuesday forecast full-year profit above Wall Street expectations after beating holiday quarter estimates, owing to stable demand for its action figures and Hot Wheels vehicles, sending its...
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operationsCATHAY Cineplex, operated by mainboard-listed media company mm2 Asia, has...