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 survey reveals 83% of SG firms keen on SE Asia expansion
UOB’s Eric Lian points out the resilience and growth of ASEAN as the major attraction for Singapore companies to expand operations.
UOB survey reveals 83% of SG firms keen on SE Asia expansion
UOB’s Eric Lian points out the resilience and growth of ASEAN as the major attraction for Singapore companies to expand operations.
Daily Markets Briefing: STI up 0.29%; Frasers L&C Trust is top stock
Frasers L&C was trading at 1.63% up.
Which 20 Singapore stocks booked the most net retail inflow in 1H23?
Net retail inflow booked by SG stocks in 1H23 hit $1.49b.
Tourism demand to improve retail sales momentum in 2H23: experts
In May, retail sales growth decelerated to 1.8% YoY.
UOB partners with Jewel Changi for cards campaign
This campaign aims to expand its reach toward ASEAN countries.
Daily Markets Briefing: STI up 0.06%
Yangzijiang Shipbuilding was the top active stock for 28 June 2023.
Will SG’s manufacturing momentum improve in 2H23?
Manufacturing output contracted anew in July, by 10.8% YoY.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
MAS forms Project Guardian Industry Group with 11 FIs
The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks.
Inflation momentum to ease further into 2023: analysts
RHB expects core inflation to decline 0.1% to 0.2% MoM in Q423.
Daily Markets Briefing: STI up 0.72%; SIA most active stock
DBS and UOB both recorded falls.
UOB outlook stable despite muted operations: Moody’s
Its recent acquisition will contribute positively to profitability.
Daily Markets Briefing: STI down 0.19%; UOB is top stock
UOB and Genting Singapore are at the top.
NODX decline likely to continue for a few more months
Experts predict that NODX will contract by -5.5% to -9% in 2023.
Singapore banks deliver strong earnings growth in Q1
OCBC outperformed with a net interest margin expansion of 75bp YoY.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
What are 3 key motivators for SG firms to expand overseas?
A UOB report showed that 50% of SG-based companies are interested in overseas expansion.