demand
Gold rallies on safe-haven demand, set for best week in nearly 2 years
GOLD prices breached the US$2,700 threshold for the first time in over two weeks on Friday (Nov 22), on track for their biggest weekly gain in nearly two years,...
Gap raises annual sales target betting on steady holiday demand
GAP raised its annual sales forecast on Thursday (Nov 21) and said the holiday season was off to a “strong start”, sending its shares up nearly 14 per cent...
Nvidia’s supply snags limit deliveries even as demand booms, shares down
NVIDIA’S revenue forecast on Wednesday (Nov 20) disappointed Wall Street, raising questions over whether the artificial-intelligence (AI) boom is waning. But the answer, according to Nvidia executives, analysts and...
US prosecutors demand Google divest Chrome to end search monopoly
US PROSECUTORS on Wednesday (Nov 21) argued to a judge that Google must sell its Chrome browser, share data, and search results with rivals, and take a range of...
Nissan Motor urges UK to ease EV targets amid weak demand
NISSAN Motor urged the UK government on Wednesday (Nov 20) to ease up its electric vehicle (EV) mandate, which encourages manufacturers to move from petrol and diesel vehicles to...
Nvidia’s AI chip demand still booming but slowing sales growth worries investors
NVIDIA forecast fourth-quarter revenue slightly above estimates on Wednesday (Nov 20), but still failed to meet lofty expectations of some investors who have made it the world’s most valuable...
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed product line-up and improving domestic market help the company...
Swiss watch exports fall again amid plummeting demand in China
SWISS watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US.
Exports of Swiss timepieces and watch...
