By Rae Wee and Yantoultra Ngui SINGAPORE, May 7 (Reuters) - Singapore's United Overseas Bank, or UOB, is aiming to double its wealth income by 2030, the lender's chief executive officer said on ...
UOB to double wealth income by 2030 by better tapping growing pool of rich customers: CEO
The bank's earnings topped analysts’ expectations of $1.39 billion in a Bloomberg poll. Read more at straitstimes.com. Read more at straitstimes.com.
GIFT City vs Dubai vs Singapore: Which features high on Indian investors’ global wealth map
As Indian investors increasingly diversify globally, GIFT City, Dubai, and Singapore are emerging as key offshore wealth destinations. Experts say the choice now depends less on tax arbitrage and more ...
Singapore Announces Targeted Investment Review Regime
Singapore has joined the trend of countries exercising greater oversight over investments in domestic entities in strategically important sectors. The Significant Investments Review Act (the “Bill”), ...
Singapore bank UOB cites ‘softer operating environment’ as net profit falls 4% on-year
By Rae Wee and Yantoultra Ngui SINGAPORE, May 7 (Reuters) - Singapore's United Overseas Bank, or UOB, reported on Thursday a 4% annual fall in first-quarter net profit that, despite beating ...
UOB Q1 profit falls 4% to $1.44 billion but beats forecast
The bank's earnings topped analysts’ expectations of $1.39 billion in a Bloomberg poll. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s UOB posts 4pc profit drop as softer rates weigh on earnings
SINGAPORE, May 7 — Singapore’s United Overseas Bank (UOB) recorded a 4 per cent fall in first-quarter net profit from a year earlier, as weaker interest rates and a softer operating backdrop weighed ...
Singapore bank UOB’s first-quarter net profit falls 4%, but beats forecast
Singapore's United Overseas Bank, or UOB , reported on Thursday a 4% fall in net profit in the first quarter from a year earlier on the back of what it called a softer operating ...
CMC Markets Singapore Merges Entities Ahead Of Multi-Asset Platform Launch
CMC Markets has merged its CMC Invest legal entity into its main Singapore operation, restructuring its local business ahead of a planned multi-asset platform ...
S’pore tough on financial crime but some improvements needed: Global financial watchdog report
A FATF report acknowledges Singapore's successes in combating financial crime but identifies areas for improvement in tackling money laundering and terrorist financing. Read more at straitstimes.com.
UOB opens new $500m tech hub in Punggol Digital District with 400 staff already on site
SINGAPORE – Some 400 UOB employees have started work at Punggol Digital District (PDD), as companies begin moving into Singapore’s newest business and technology hub designed to anchor the country’s ...
Singapore was effective in tackling financial crime including money laundering: Report
SINGAPORE - The Financial Action Task Force (FATF) found Singapore to have a competent and coordinated regime to tackle financial crime challenges in a report released on May 6. The 40-member global ...
Analysts upgrade DBS, lift target price on improved forecasts, wealth franchise growth
Increased inflows into Singapore from a flight to safety and the strong Singapore dollar may benefit bank, says OCBC Group Research Read more at The Business Times.
Singapore, Dubai, And The New Symbol Of Global Prosperity: Panama City
Singapore, Dubai, and Panama City are geographically privileged hubs for transportation, banking, and commerce. Yet only one city offers true accessibility for the average expat and investor.
Best fixed deposit rates in Singapore (May 2026)—minimum deposits from $500, rates up to 1.55%
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Centurion Accommodation REIT’s 1QFY2026 NPI of $37.5 mil outperforms IPO forecast by 2.4%
Centurion Accommodation REIT (CAREIT) has reported gross revenue of $52.5 million for the 1QFY2026 ended March 31, 2.7% higher than forecasted in its initial public offering (IPO) prospectus. The REIT ...