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.
SG factory output slows in August
Singapore was not unscathed with the regional decline of the manufacturing purchasing manager’s index (PMI).
SG factory output slows in August
Singapore was not unscathed with the regional decline of the manufacturing purchasing manager’s index (PMI).
Olam, Frencken lead most traded stocks rally in August
DBS, Singtel, and OCBC are the most traded stocks for the first eight months of the year.
Singapore inflation to continue transitory phase for rest of 2021
Upside risks, however, will continue to persist throughout the year.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
E-commerce growth boosts demand for logistics: UOB Kay Hian
FLCT focuses its expansion on the Asia Pacific and Europe, with a portfolio comprising 103 properties at $6.3b.
Exports expand for eighth straight month in July by 12.7%
China, the EU 27, and Taiwan’s appetite for Singapore exports grew.
Market Update: STI Down 0.52%
CityDev, ComfortDelGro, and ThaiBev lead with the most growth today.
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.
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Commentary
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