Lifestyle
US to give SK hynix US$450 million for chip packaging hub
THE United States said on Tuesday (Aug 6) it has agreed to provide up to US$450 million to South Korean semiconductor firm SK hynix to help build a chip...
Venture Corp H1 profit down 11.7% to S$123.7 million on lower revenue, demand
TECHNOLOGY solutions provider Venture Corporation reported a net profit of S$123.7 million for the first half of the year ended Jun 30, down 11.7 per cent from S$140 million...
Riverstone H1 net profit up 54.6% as demand for gloves recovers
New production lines are expected to be progressively commissioned by the end of this yearMALAYSIAN glovemaker Riverstone Holdings posted a 54.6 per cent increase in net profit to RM144.7...
The unexpected winners and losers as markets went into meltdown
THE market wipeout that swept through equities, bonds and currencies on Monday (Aug 5) left just a few resilient pockets relatively unscathed. The unusual moves show that some investors...
Kirin raises Fancl tender offer price seeking to secure deal
KIRIN Holdings raised its tender offer price for Fancl by 4.1 per cent and extended its deadline for the bid to Aug 28, a potential concession to some investors...
Mercedes gets nod to test high-level self-driving in Beijing
MERCEDES-BENZ said it’s become the first international auto brand permitted to test advanced autonomous driving in Beijing at a time when domestic and global carmakers are racing to perfect...
India’s biggest lender deploys 2,000 bankers to woo the wealthy
STATE Bank of India (SBI), the country’s largest lender, is making a renewed push into wealth management as the number of people getting richer surges.The bank’s wealth management unit...