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.
UOB extends takeover offer for Silverlake Axis shares to 21 October
UOB extends takeover offer for Silverlake Axis shares to 21 October
UOB said that the offer is final and there will be no increase in the offer consideration.
Experts split on October policy move following core inflation increase
MAS core inflation expanded to 2.7% YoY in August.
Singaporean banks roll out face verification for digital token setup
It is expected to make it harder for scammers to take over a customer’s DT.
Economists optimistic about NODX rebound despite August contraction
NODX fell 4.7% MoM in August.
Expert warns of constrained retail growth as tourism receipts normalise
Retail sales remained weak in July, with a modest 1.0% YoY rise.
SBF, UOB, Rajah & Tann, and RSM partner to support local firms' ASEAN growth
The partners will collaborate on three areas.
CapitaLand India Trust issues $150m notes due 2027
The notes are expected to be issued on 30 August 2024.
Manufacturing growth expected to pick up in Q4 2024, led by electronics
In July, output grew by 1.8% YoY.
Economists mixed on MAS's next move amid stable July inflation
Inflation was unchanged at 2.5% YoY.
UOB initiates offer to buy out Silverlake Axis shareholders
Shareholders can either receive $0.36 in cash or $0.30 and a new type of share.
Over 1 in 4 youths are financially unprepared: UOB study
There are 26% of Gen Zs who don’t follow MAS’ rule of thumb.
MAS partners with banks, tech on quantum security enhancement
The central bank also launched a grant scheme to fund quantum projects.
UOB seeks to double wealth AUM, trade loans by 2026
It aims to be the number 1 cross-border trade bank in ASEAN.
Manufacturing and trade sectors set to drive economic growth in 2H24
Experts predict a boost for manufacturing from global tech recovery.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
Retail sales dip 3.7% YoY in June amidst slow tourism recovery
Major events and cash handouts may boost retail sales.
Read Here
Advertise
Sign Up
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