Lifestyle
Ossia International net profit falls 30% to S$4.7 million
OSSIA International posted a 30 per cent drop in net profit to S$4.7 million for its second half ended Mar 31, from S$6.7 million in the previous corresponding period,...
The Hour Glass H2 profit falls 9% to S$79.5 million on macro uncertainties, rising costs
THE Hour Glass : AGS 0% posted a 9 per cent fall in net profit to S$79.5 million for its second half ended Mar 31, from S$87.8 million in...
Delfi Q1 Ebitda falls 8.5% on lower net sales
CHOCOLATE confectioner Delfi booked an 8.5 per cent fall in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$23.3 million in the first quarter ended Mar 31,...
STI up 7.4% over last six weeks on net institutional inflow
THE Straits Times Index (STI) has gained 5.5 per cent in the past six weeks, with dividends boosting total return to 7.4 per cent, Singapore Exchange (SGX) market strategist...
ABN Amro buys Fosun’s German bank in wealth management push
ABN Amro Bank agreed to buy German lender Hauck & Aufhäuser Lampe Privatbank for 672 million euros (S$985.3 million), expanding the Dutch company’s reach in wealth management.
The purchase, from...
Asahi Kasei to buy Swedish drugmaker Calliditas for US$1.1 billion
Japan’s Asahi Kasei said on Tuesday (May 28) it offered to acquire Calliditas Therapeutics for about US$1.1 billion as part of a plan to become a global drug company.The...
MOH extends Cordlife suspension by up to 3 months
SINGAPORE’S Ministry of Health (MOH) has issued a new notice to beleaguered private cord blood bank Cordlife : P8A 0%, barring them from collecting new cord blood and human...
Toyota, Subaru and Mazda commit to developing new engines
TOYOTA Motor and smaller Japanese automakers Subaru and Mazda Motor have each committed to developing new engines tailored to electrification, they said on Tuesday (May 28).“With these engines, each...
