demand
Texas Instruments forecasts fourth-quarter below estimates on weak chip demand in industrial markets
TEXAS Instruments (TI) forecast fourth-quarter revenue and profit below estimates on Tuesday (Oct 22) as the chipmaker navigates a buildup of inventory in some segments such as industrial, even...
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company3M Co raised the lower end of its full-year adjusted profit forecast on...
Moody’s raises full-year profit forecast above estimates on strong product demand
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent rise in third-quarter earnings on Tuesday (Oct 22), on...
Weak China demand puts brakes on Holiday Inn owner IHG in third quarter
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand in China and a subdued US market...
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA). “This year,...
China’s steel demand has shrunk to less than half global total
CHINA will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline...
China’s steel demand to fall below half of global consumption in 2024
CHINA will account for less than half of the world’s steel consumption in 2024 for the first time in six years as the decline in the country’s real estate...
Singapore’s role as commodities hub increasingly crucial amid rising trade tensions, demand for compliance: market watchers
A dense network of global traders allows businesses to source from alternative markets directly from the Republic when neededAS GEOPOLITICAL tensions divide the world, connector countries such as Singapore...
