Rupee hits record low, hurt by likely outflows, importer dollar demand
A broadly stronger dollar, along with weakness in the Chinese yuan, also pressured the Indian currency The Indian rupee fell ...
Tag: demand
Oil dips after hitting seven-week highs on demand hopes, war jitters
OIL prices dipped on Wednesday (Jun 19) after hitting seven-week highs as summer demand optimism and concerns over escalating conflicts ...
KitKat maker sees chocolate demand ebbing as cocoa costs creep in
CONSUMERS will probably cut back on chocolate as this year’s historic cocoa rally gradually trickles down to manufacturers and forces ...
Oil jumps, settles at highest in over a month on demand optimism
OIL prices surged nearly US$2 a barrel on Monday to their highest settlement levels in over a month, adding to ...
GameStop’s fans await shareholder meeting, after high demand derailed first attempt
GAMESTOP’S annual meeting, scheduled for Monday (Jun 17), is creating a growing buzz on social media among the company’s host ...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices ...
China sells 50-year bonds at record-low yield as demand swells
THE frenzy for Chinese bonds is showing no signs of fading, with the nation’s longest-dated special government notes receiving stronger-than-expected ...
China new bank loans rise far less than expected in May as demand wobbles
NEW bank lending in China rebounded far less than expected in May and some key money gauges hit record lows, ...
Oil edges higher as Opec comments feed demand hopes
OIL prices rose slightly on Thursday in up-and-down trade, supported by an Opec forecast for demand growth and as data showing ...
Oracle expects double-digit revenue growth for fiscal 2025 on strong AI demand
ORACLE on Tuesday (Jun 11) forecast its revenue for fiscal 2025 to grow in double digits, in a sign of ...
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