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.
Retail is rising, here’s why
Retail is rising, here’s why
Sales finally grew by 11.8% in January after three years of decline.
February PMI declines to 50.2
Seasonal factors, such as the Lunar New Year, may have affected the decline.
Sustainability for success? 3 in 5 SMEs agree
SMEs said having sustainable practices can improve their reputation amongst others.
DBS, OCBC, UOB: Who performed best in Q4 2021?
One of the three failed to meet market expectations.
UOB to facilitate $3.3b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
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.
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Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data