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.
Manufacturing output falls 10.7% MoM in January
Excluding biomedical manufacturing output fell 0.2% MoM.
Manufacturing output falls 10.7% MoM in January
Excluding biomedical manufacturing output fell 0.2% MoM.
Market update: STI up 0.71%
Sembcorp Industries was seen with the most growth.
Market update: STI down 3,274.62
The entire Straits Times Index is in the red as Russia invades Ukraine.
Inflation rises at fastest pace in nine years at 4%
The accelerating CPI was driven by higher food and oil prices.
Chart of the day: Budget deficit to hit $3b in FY22
This is on the back of an expected increase in total expenditures and operating expenses.
Carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
UOB net profits jump 40% to S$4.075b in 2021
Wealth management and loan fees hit record highs.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
Market update: STI up 0.28%
HongKongLand was seen with the most growth.
Tenant sales in CICT’s downtown malls reach pre-pandemic levels of 85%
UOB Kay Hian said tenant sales will enhance further this year.
Full-year Manufacturing PMI to grow by 4% in 2022: UOB
The growth, however, will be underpinned by buoyant global trade activity.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
How Adani Wilmar’s India listing affects Wilmar International?
The public issue closed on 31 January.
Market update: STI up 2.01%
HongKong Land was seen with the most growth.
2021 GDP growth forecast raised to 7.3%
This is on the back of a 15.5% YoY expansion of industrial production Q4 2021.
UOB projects Budget 2021 deficit at $5.8b
The value is 1.1% of Singapore's GDP.
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Commentary
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