Lifestyle
Tiger Balm maker Haw Par should show its stripes, hunt for growth in alternative segments
TIGER Balm ointment manufacturer Haw Par Corporation : H02 0%’s business is roaring, with a resurgence of consumer sentiment for its healthcare products. Unlike its improving financials, however, its...
DBS CEO Piyush Gupta sells S$2.7 million worth of bank shares
DBS : D05 0% chief executive officer Piyush Gupta has gained S$2.7 million after selling 75,000 of his shares in the bank, according to a filing on the Singapore...
Ferrari posts underwhelming earnings amid flat deliveries
Ferrari reported underwhelming earnings in the first quarter after the Italian luxury-car maker’s vehicle deliveries remained flat.Delivery gains in Europe and the Americas failed to offset a 20 per...
Cordlife hiring more technical and laboratory staff to ‘strengthen core processes’
CORDLIFE : P8A 0% has begun hiring more specialists to lead its laboratory teams as part of a major strategic overhaul, after lapses were found in the private cord...
UniCredit jumps past 60 billion euro market cap to join elite club
UniCredit’S market capitalisation rose above 60 billion euros (S$87.4 billion) on Tuesday (May 7), making it one of four euro area banks to exceed that threshold.The bank’s shares jumped...
Sri Lanka approves power deal with India’s Adani Group
Sri Lanka announced on Tuesday (May 7) it was entering into a 20-year agreement with Adani Group to buy electricity from a US$442-million wind power plant the Indian conglomerate...
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...
MAS asks DBS to identify root cause of May 2 glitch in digital banking services
THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS : D05 0% over the root cause of a disruption to...
