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.
DBS hits all-time high stock price of $31.47
This is the first time a stock traded above $31 per unit for one session.
DBS hits all-time high stock price of $31.47
This is the first time a stock traded above $31 per unit for one session.
Singapore's retail sales rise 25.8% in June
This is attributed to the low base in June 2020 when physical stores were closed.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
Keppel, SPH merger a good deal for both: UOB Kay Hian
Keppel is set to fully acquire SPH’s non-media businesses by end-December if shareholders approve.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
June CPI remains elevated at 2.4% YoY
MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.
Xero, UOB to allow SMEs access to digital accounting platform
SMEs that qualify for the UOB Start digital pack will be offered six months of free access.
Retail, F&B, services sectors appeal for aid to weather second Phase 2(HA)
These sectors have been greatly affected by the 16-month “roller coaster” of tightening and loosening restrictions.
Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring
The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.
Chart of the Day: Bank stocks amongst strongest in H1 as locals average 19% of returns
DBS, OCBC, and UOB received net institutional and net proprietary inflows of $1.39b in Q1 and $468m in Q2.
Market Update: STI up 0.46%
The Straits Times Index makes a recovery from last week's close.
UOBAM marks surge in online coporate investing
Clients' AUM on the online portal also surpassed S$1b (US$740m).
SG bank stocks outpace global benchmarks
Bank stocks were amongst the strongest industries in the global stock market in the first half of the year.
Headline inflation seen to rise up to 1.5% in 2021
Overall inflation rose to 2.4% in May, the highest since November 2013.
Singapore’s exports expands 8.8% in May
This is the 6th consecutive month of exports growth.
What SG’s ageing population means for the young
The total elderly population is expected to outnumber the young by 2025.
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Commentary
AI is revolutionising learning: Why should educational institutions in Singapore embrace this change?
Seeking an office space in Singapore: Where do you start?