demand
Foxconn posts muted monthly sales growth while AI demand slows
APPLE’S major manufacturing partner Hon Hai Precision Industry reported a second consecutive month of single-digit sales growth, raising concerns that demand for AI infrastructure will not be able to...
Foot Locker to emphasise newer Nike styles at stores amid soft demand for its shoes
FOOT Locker executives said on Wednesday (Dec 4) that they are working closely with Nike to emphasise its newer styles, including Vomero and Air DT Max shoe models, amid...
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise...
Thailand’s ‘data centre rush’ is starting, as Malaysia strains to keep pace with surging demand: Macquarie
MACQUARIE Research said that the data centre boom in Malaysia will continue but it’s unlikely to keep pace with surging demand. It said that Thailand, meanwhile, will start to...
Bulgari CEO eyes India for growth as China luxury demand weakens
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.Bulgari is expanding its footprint in India to take...
China’s EV boom threatens to push petrol demand off a cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the...
Demand rises on latest Singapore Savings Bond, with 10-year average return of 2.81%
The December tranche receives S$164.8 million in applications, for the S$600 million on offerTHE latest Singapore Savings Bond (SSB), allotted on Wednesday (Nov 27), recorded a rise in the...
CrowdStrike raises annual forecast on steady cybersecurity demand
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting on growing demand for cybersecurity services amid growing online threats.Businesses...
Biofuel demand, limited supply provide support for used cooking oil prices despite regulatory uncertainties
GLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such as sustainable aviation fuel (SAF), is expected to continue to rise, despite regulatory uncertainty in major importing...