Lifestyle
OCBC should be seen as ‘financial conglomerate’ unlike local banking peers, says chairman
OCBC should be seen as a financial conglomerate of many parts, setting it apart from the other two local banks in Singapore, said its chairman Andrew Lee.
Speaking at...
Coca-Cola raises annual sales forecast on global demand, higher prices
COCA-Cola raised its annual organic sales forecast on Tuesday (Apr 30) after beating first-quarter revenue and profit expectations as customers shell out more money for its pricey sodas and...
Huawei profit surges 564% as it eclipses Apple in China
Huawei Technologies’ profit rose for the fourth consecutive quarter, a sign the Chinese tech company is taking market share from Apple and other smartphone rivals. The Shenzhen-based company reported net...
Brokers’ take: Analysts upgrade iFast’s rating on higher growth expectations
ANALYSTS have upgraded their ratings on iFast Corporation : AIY 0% as they project the financial services company to deliver stronger growth in the fiscal years ahead. In a report...
Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2
STELLANTIS on Tuesday (Apr 30) missed expectations with a 12 per cent drop for its first quarter revenue, sending shares down, but said it was confident new models would...
Lufthansa to cut costs, stop projects as strikes hurt profit
Deutsche Lufthansa said it will initiate a cost-cutting drive at the namesake airline business that includes freezing projects and review hiring in some areas after Europe’s largest carrier was...
Bank of Japan upbeat on consumption, service price outlook
JAPANESE service prices are rising and bumper pay hikes offered by firms will boost household income later this year, the Bank of Japan (BOJ) said, underscoring its conviction the...
Brokers’ take: KGI initiates Winking Studios with ‘outperform’, S$0.34 target price
KGI Securities has started coverage on Winking Studios : WKS 0% with an “outperform” rating on the notion that the Acer-backed game-art outsourcing company is poised to expand its...
