Demand
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, suggesting the world’s second-largest economy is still struggling to...
For cool cocktails on demand, turn to your freezer
Due to my failure to label containers, our freezer is where mysterious blocks of leftovers wait for a resurrection that may never come.I still often determine what any given...
Evergrande EV warns of losing key assets as local governments demand subsidy repayment
CHINA Evergrande New Energy Vehicle Group faces the risk of losing assets such as land and equipment, the company said on Tuesday (Jun 11), as local administrative bodies demand...
Aramco’s US$12 billion sale said to draw strong foreign demand
Foreign investors have flocked to Saudi Aramco’s US$12 billion share sale, people familiar with the matter said, marking a turnaround from the oil giant’s 2019 listing that ended up...
StanChart banks on international ties amid demand for cross-border wealth needs: James Lye
INTERNATIONAL banking is increasingly becoming a key driver for Standard Chartered Bank’s (SCB) affluent business, as more clients look for wealth offerings outside of their home jurisdictions, said James...
Oil posts weekly loss as interest rate policy spurs fuel demand worries
Oil prices rose about 1 per cent on Friday (May 24), but fell for the week on worries that strong US economic data would keep interest rates elevated for...
India’s Bosch posts Q4 profit rise on higher demand
Bosch, the Indian arm of German automotive supplier Robert Bosch, reported a 41.5 per cent climb in fourth-quarter profit on Friday (May 24), helped by better demand for its...
Oil edges higher as Opec comments feed demand hopes