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 deploys AI tools to level up employees’ productivity
The bank with the largest consumer footprint in ASEAN leads the way in adopting Microsoft’s Copilot for more collaborative and productive banking.
UOB deploys AI tools to level up employees’ productivity
The bank with the largest consumer footprint in ASEAN leads the way in adopting Microsoft’s Copilot for more collaborative and productive banking.
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.
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.
Will MAS finally ease its monetary policy in 2024?
Experts say the central bank has seen the end of its tightening cycle.
3 catalysts that will accelerate Singapore's economic growth in 2024
Analysts expect GDP to grow by 3.0% next year.
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.
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