UOB

UOB is a bank in Asia that provides a wide range of financial services such as personal financial services, private banking, business banking, commercial and corporate banking, transaction banking, investment banking, corporate finance, capital market activities, treasury services, brokerage and clearing services, asset management, venture capital management and insurance.

See below for the Latest UOB News, Analysis, Profit Results, Share Price Information, and Commentary.

Signs of a broader recovery in manufacturing could emerge in mid-2024: expert

An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.

2 days ago

Signs of a broader recovery in manufacturing could emerge in mid-2024: expert

An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.

2 days ago

UOB leads Microsoft’s copilot trial in Singapore

The bank aims to leverage generative AI to bolster employee efficiency and redefine customer engagement.

Daily Markets Briefing: STI down 0.21%; DBS is top stock

Singtel is up 0.405%.

Experts cut retail sales growth forecast to 3.0% in 2023

Year-to-date, retail sales have grown 2.9%.

Singapore's industrial production to contract by 7.0% in 2023

Expert says the manufacturing sector could remain downbeat for the rest of the year.

Is Singapore on the path towards stronger IP annual growth?

In September, manufacturing output grew 10.7% MoM.

UOB’s net profit up 5% to S$1.5b in Q3

Net fee income growth helped drive profits.

United Overseas Insurance’s profit more than doubles in 9M23

Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.

DBS vs OCBC: Which bank will perform better in 3Q23?

Both banks are expected to post year-on-year growths during the quarter.

Electronics cycle shows tentative signs of bottoming – expert

In September, electronics NODX saw a narrower contraction of 11.6 YoY.

3 catalysts that will accelerate Singapore's economic growth in 2024

Analysts expect GDP to grow by 3.0% next year.

Will MAS finally ease its monetary policy in 2024?

Experts say the central bank has seen the end of its tightening cycle.

Cost-of-Living support package to boost retail sales

For 2023, UOB expects retail sales to grow by 3.5%

IP to contact 7.0% in 2023: forecast

Experts said weak external demand persist for the rest of the year.

UOB joins LCH SwapClear and ForexClear as as direct clearing member

UOB is the first SEA bank to join ForexClear as a direct member.

August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert

RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.

MAS unlikely to change monetary policy in October – experts

There is, however, a 40% chance that it will reduce the slope of the S$NEER band slightly.