Oil Prices Plunge Over 4% Amid Fears of Global Economic Slowdown
Oil prices fell more than 4% due to economic uncertainty from US-China trade tensions and a 0.3% drop in US GDP, raising global demand concerns.
global demand News
ArcelorMittal Faces 9% Sales Drop in Q1 2025 Amid Weakening Steel Prices and Global Demand
ArcelorMittal reports a 9% sales decline in Q1 2025 to $14.8 billion, with net income falling 14% to $805 million, due to weaker steel prices and global demand. The company emphasi...
UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump
The UK's private sector activity experienced a sharp decline in April, with the PMI dropping to its lowest since November 2022. Manufacturing and services sectors both saw signific...
UK's Private Sector Faces Sharp Decline in April: A Deep Dive into PMI Figures
The UK's private sector activity saw a sharp decline in April, with PMI figures dropping significantly. Manufacturing and services sectors both reported lows, attributed to global ...
UK's Private Sector Takes a Dive: April Sees Sharpest Drop in Business Activity in Over a Year
UK's private sector activity sharply declined in April, with PMI figures hitting lows not seen in over a year. Manufacturing and services sectors both experienced significant drops...
UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump and Rising Costs
The UK's private sector activity experienced a sharp decline in April, with the composite PMI dropping to 48.2, the lowest since November 2022. Manufacturing and services sectors b...
Musang King Durian Prices Soar Amidst Supply Shortages and Growing Global Demand
Musang King durian prices have surged by 60% due to supply shortages and increasing global demand. Vietnam is stepping up as a key supplier, with farmers seeing significant returns...
Thailand's Fruit Exports Soar to $6.5 Billion in 2024: A Global Demand Surge
In 2024, Thailand's fruit exports reached $6.5 billion, driven by global demand for its high-quality and unique flavors. China was the main market, but increasing competition and s...
OpenAI Reports Unprecedented Demand Across All Sectors in Global Markets
OpenAI's Managing Director of International Strategy, Oliver Jay, discusses the overwhelming demand for OpenAI's products globally, highlighting Singapore's leading role in ChatGPT...
Global Oil Prices Dip Over 1% Amid Tariff Tensions and Demand Concerns
Oil prices fell over 1% due to US tariffs on imports, raising concerns about global demand. Economists warn of potential economic impacts, including decreased energy demand.
Oil Prices Dip Over 1% Amid U.S. Tariff Threats on Steel and Aluminum
Oil prices dropped over 1% as U.S. tariffs on steel and aluminum imports raise concerns over reduced demand. Economists and industry leaders warn of potential negative impacts on g...
Oil Prices Drop Over 1% Amid Fears of Tariff Impact on Global Demand
Oil prices fell by over 1% due to fears that U.S. tariffs on steel and aluminum imports could reduce global demand. Economists warn of wider economic impacts, including on the ener...
Unprecedented Surge in Gold Prices: What's Driving the Global Demand?
Gold prices have surged globally due to increased demand from emerging markets, political instability, and uncertainty over U.S. policies. Prices have risen significantly, with pro...
Japan's Exports Surge in November, Surpassing Market Expectations
Japan's exports grew by 3.8% in November, surpassing expectations and driven by strong global demand. Exports to China rose by 4.1%, while those to the US declined by 8%. The trade...
