Oil rebounds on signs of strong US demand
Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand, and as investors assessed the stability of a…
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Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand, and as investors assessed the stability of a…
Gold prices held their ground on Wednesday (Jun 25) as a tentative ceasefire between Iran and Israel dampened safe-haven demand, though a weaker US dollar and bargain-hunting after…
The Waterloo-based company now sees fiscal year 2026 revenue in the range of US$508 million to US$538 million, up from its earlier forecast of US$504 million to US$534 million …
The top two Democratic leaders in Congress say the Trump administration is not being transparent about its justification for the weekend bombings in Iran or how it plans to prevent the…
Wall Street has a new favourite investor. They are young, they are affluent and they’re sceptical that traditional markets can deliver wealth over the long haul. Shaped by financial crises…
The infrastructuresector is piquing investor interest, given that data centres and the growing number of electric vehicles are consumers of energy, and will drive the demand for…
South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down…
Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according to sources familiar with the matter. The global…
Malaysia is expected to add 6-8 gigawatts of gas-fired power by 2030 to address growing electricity consumption driven by demand from data centres, an industry official said. The country…
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven assets after Israel’s strike on Iran heightened Middle…
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current wave…
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs, analysts say this is pointing to a worrying trend of…
It has been an active market for global roles in the area of artificial intelligence (AI), with several top-level appointments being reported in recent months. Akshay Mendon, Singapore…
Gold offered a glimmer of hope for many investors who kept an eye on the tumultuous markets this week. Amid mounting jobless claims and softer labor data in the U.S., expectations for a…
As I say, that’s how it works under a normal president. Under the aberration that is Donald Trump, executive orders often have no role other than to express Trump’s crotchets, partisan or…
Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite…
Benedict Corpuz has always been a “day one” type of person when it comes to fueling his video game habit. Beginning in his high school years, the 45-year-old flight attendant from Kent,…
With global economic uncertainty reshaping luxury markets, the fine jewelry industry is undergoing its own transformation. Independent designers are at the heart of the shift, navigating…
Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants also assessed persistent…
[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace supply, the chief executive of Taiwanese…
MORE and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy. Government…
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply. The producer alliance announced it will raise…
Oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in China, while the market also watched for potential…
Japanese carmakers are heavily reliant on the US auto market and could suffer as much as a US$19 billion impact from the levies Toyota Motor’s sales hit a record for the second…