Business
Singapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE equities closed higher on Wednesday…
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UOB
Business
Singapore shares end Wednesday higher on UOB results, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE stocks closed higher on Wednesday…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing…
Business
UOB hits a fresh high, with Singapore’s STI reaching yet another record
At the open, the counter edges up 1.3 per cent or S$0.50 to an all-time high of S$39.15 SHARES of UOB rose to a new high on Wednesday (Feb…
Business
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on…
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion…
Business
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according…
Business
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in February INVESTORS are keenly watching the…
Business
DBS, OCBC, UOB to gain from higher AUM, fees amid booming family office scene
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will…
Business
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with…
Business
Stocks to watch: UOB, CapitaLand Investment
THE following companies saw new developments that may affect trading of their securities on Monday (Dec 16): UOB: Its head of group…
Business
UOB names its corporate banking head Leong Yung Chee as new group CFO
UOB has appointed Leong Yung Chee, its current head of group corporate banking, as its next group chief financial officer (CFO), the bank…
Business
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60…
Business
DBS, OCBC, UOB, Maybank syndicating Singapore’s biggest loan of S$12 billion for Marina Bay Sands
The 7-year facility, which will be syndicated to other financiers, will refinance an existing S$4b borrowing MARINA Bay Sands is seeking a…
Business
UOB payment services face intermittent issues on Monday morning
UOB credit and debit card payment services faced intermittent disruptions on Monday (Nov 18) morning. In a Facebook post, the lender said…
Business
UOB payment services restored after intermittent issues on Monday
UOB credit and debit card payment services have been fully restored after facing intermittent issues in the morning, said the lender in a…
Business
DBS, OCBC, UOB aim to stay competitive as foreign players slash mortgage rates
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks SINGAPORE’S…
Business
UOB looks to take ‘full advantage’ of excess capital by end of this year: CEO Wee Ee Cheong
UOB is actively looking to manage its capital, and hopes it can find ways to take “full advantage” of the excess by the end of this year,…
Business
Share buybacks, more dividends among options to deploy capital: UOB chief Wee Ee Cheong
The bank is open to investing it in growth, or returning it to shareholders through share buybacks or more dividends, he says UOB is…
Business
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter…
Business
Stocks to watch: UOB, OCBC, Sats, Sasseur Reit, Far East Orchard, Daiwa House Logistics Trust
THE following companies saw new developments that may affect trading of their securities on Friday (Nov 8): Source link
Business
UOB posts 16% higher Q3 profit of S$1.61 billion
UOB’s net profit for the third quarter ended September 2024 rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year…
Business
UOB surpasses estimates with 16% higher Q3 profit of S$1.61 billion
UOB’S net profit for the third quarter ended September rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year…