Demand
Abbott posts higher quarterly revenue on strong medical device demand
[WASHINGTON] Abbott reported higher quarterly revenue on Wednesday (Oct 15), driven by strong demand for its medical devices including continuous glucose monitors and heart devices.Investor confidence in medical device...
Samsung expects highest quarterly profit in over three years, lifted by AI chip demand
[SEOUL] Samsung Electronics on Tuesday (Oct 14) projected a 32 per cent rise in third-quarter operating profit from a year earlier, beating analysts’ estimates by far, as demand for...
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year[BENGALURU] Gold edged higher on Friday (Oct 10) and headed for its...
Porsche’s China sales slump 21% on muted luxury demand
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track[BEIJING] Porsche’s sales in China fell 21 per cent...
SGX securities trading volume surges 50.8% in September on stronger equities demand
[SINGAPORE] The Singapore Exchange (SGX) reported a 50.8 per cent year-on-year rise in its securities turnover volume, as demand for local equities maintained its momentum on the local bourse....
Slot sent Chiesa demand as ‘underwhelming’ Liverpool star called out
Federico Chiesa has made a big impact off the bench for Liverpool in recent weeks and former midfielder Danny Murphy believes the Italian should be given a run in...
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
[BENGALURU] Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and geopolitical uncertainty and expectations of additional interest rate...
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
[FRANKFURT] Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in the country remains weak...
