Keywords: Demand


South Korea: Bank of Korea Raises Growth Forecast to 3.3% for 2026

The South Korean economy is expected to experience stronger growth than previously anticipated in 2026. The Bank of Korea (BOK) raised its forecast for gross domestic product growth to 3.3%, up from 2.6% projected last May. This revision of 0.7 percentage points primarily reflects the strength of semiconductor......

Shein Targets $1.8 Billion in Hong Kong Despite Xinjiang Controversies

Shein's IPO in Hong Kong has reached a critical milestone. While the ultra-fast fashion giant continues to face criticism over its social and environmental practices, the order book for the operation is reportedly already fully covered by investor demand. This momentum comes at a time when an American......

Chinese Economy: Goldman Sachs Predicts 4% Growth and Expects Support from Beijing

The slowdown of the Chinese economy is confirmed at the beginning of the third quarter. According to an analysis by Goldman Sachs published on August 23, the growth of China's gross domestic product (GDP) is expected to be around 4% year-on-year, down from 4.3% in the second quarter. This new estimate......

Data center boom puts pressure on power grid in US oil country

The rapid expansion of data centers is putting additional pressure on the electricity network in the Permian Basin of West Texas, where rising power consumption from oil and gas operations is coinciding with growing demand from the technology sector. The Permian Basin has experienced a significant increase......

China’s industrial growth slows as weak consumption weighs on economic recovery

China’s economic recovery showed signs of losing momentum in July, as industrial production growth weakened and retail sales fell short of expectations. The latest figures point to continued pressure from fragile domestic demand, extreme weather disruptions and diminishing support from government......

Italy records record electricity demand in July amid intense heat

Italy recorded its highest-ever electricity demand for the month of July, as an intense heatwave pushed up the use of air conditioning and other cooling systems across the country. According to data from the Italian electricity grid operator, electricity consumption reached approximately 32.5 terawatt-hours......

OPEC cuts 2026 oil demand growth forecast while raising outlook for 2027

The Organization of the Petroleum Exporting Countries (OPEC) has revised its expectations for global oil demand growth, lowering its forecast for 2026 while adopting a more optimistic outlook for the following year. In its latest monthly report, OPEC estimated that global oil demand will increase by......

Air Canada forecasts strong fall travel demand despite rising cost pressures

Air Canada is expecting a particularly strong fall travel season as demand remains resilient, especially among corporate passengers. The outlook comes as the country's largest airline continues to contend with elevated costs and a more uncertain operating environment. The Montreal-based carrier......

Global oil supply faces sharp decline in 2026 as Strait of Hormuz disruptions weigh on markets

The International Energy Agency (IEA) expects global oil supply to fall significantly in 2026, reflecting the continuing impact of disruptions around the Strait of Hormuz and difficulties affecting crude exports from the Gulf region. According to the agency's latest monthly oil market report, global......