Demand
Oil gains 1% on hopes of firmer demand
OIL prices settled about 1 per cent higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the world’s...
India’s Zee Entertainment reports Q4 profit as advertising demand picks up
INDIA’S Zee Entertainment Enterprises reported a quarterly profit on Friday (May 17), compared with a loss a year earlier, helped by strong demand for advertising and a fall in...
China’s first special bond sale likely to see solid demand
CHINA’S first issuance of this year’s special sovereign bonds on Friday (May 17) is expected to see solid demand, according to strategists and gauges of sentiment in the bond...
China’s Baidu beats quarterly revenue estimates on ad recovery, cloud demand
CHINA’S Baidu beat analysts’ estimates for first-quarter revenue on Thursday (May 16), driven by a recovery in advertising sales and higher demand for its cloud products.
The company reported revenue...
Cisco forecasts fourth-quarter revenue above estimates on enterprise demand
CISCO Systems forecast fourth-quarter revenue above analysts’ low expectations on Wednesday (May 15) as the network equipment maker benefits from a pick up in enterprise spending and easing supply...
SIA Engineering H2 profit rises 11.5% to S$37.8 million on robust aviation MRO demand
SIA Engineering : S59 0% (SIAEC) reported an 11.5 per cent jump in net profit to S$37.8 million for the six months ended March 2024, from S$33.9 million in...
India’s SBI Q4 profit jumps 24% on strong loan demand
STATE Bank of India, the country’s largest lender by assets, reported a 24 per cent rise in its fourth-quarter profit on Thursday (May 9), aided by strong loan demand.
The...
Infineon launches savings programme as weak demand persists
GERMAN chip manufacturer Infineon announced a cost savings programme on Tuesday (May 7) as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand.
The company lowered its...
