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Tag: banking

Posted on 27/04/2023

Singapore Lender UOB’s Q1 Core Net Profit Leaps 74% to Record $1.2 Billion

Singapore's United Overseas Bank reported on Thursday a 74% surge in core net profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth. The ...

Posted on 27/04/2023

Stock Market Live: Sensex, Nifty 50 likely to open with cuts

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading 46 points or ...

Posted on 27/04/2023

Singapore lender UOB’s Q1 core profit leaps 74% to record $1.2 bln

Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.

Posted on 27/04/2023

Singapore lender UOB’s Q1 net profit leaps 74% to record $1.2 bln

Singapore's United Overseas Bank reported on Thursday a 74% surge in net profit in the first quarter from a year earlier on the back on strong net interest and non-interest income growth.

Posted on 27/04/2023

Investing in Singapore Exchange (SGX:S68) five years ago would have delivered you a 48% gain

For example, the Singapore Exchange Limited (SGX:S68) share price is up 24% in the last 5 years, clearly besting the market decline of around 28% (ignoring dividends). However, more recent returns ...

Posted on 27/04/2023

Jack Ma, Singapore Invest in MassMutual Asia

Alibaba Founder's financial services business Yunfeng Financial, Singapore's sovereign wealth ... by Ma and in which Yunfeng is also an investor, will own the remaining 40%.

Posted on 26/04/2023

Stay defensive on Singapore stocks as outlook dims, says RHB

RHB Bank Singapore is recommending investors to “stay defensive” on Singapore equities, given the struggle to find a clear direction amidst broader macro uncertainties.

Posted on 26/04/2023

Singapore emerges top capital source from Asia-Pacific to the US, driven by M&A deals by GIC: Knight Frank

US$12.5 billion was invested in the US and Canada, which accounted for 90% of the total Asia-Pacific capital inflow. Read more at straitstimes.com.

Posted on 26/04/2023

Singapore Shares May See Further Damage On Wednesday

The Singapore stock market on Tuesday ended the modest two-day winning streak in which it had risen more than 10 points or 0.3 ...

Posted on 26/04/2023

Standard Chartered Singapore Marathon back as World Athletics Gold Label race

THE Standard Chartered Singapore Marathon (SCSM) marks its return this year as a World Athletics Gold Label Race for the first time since the pandemic. The three-day festival, which hosts the ...

Posted on 26/04/2023

S’pore SMEs lead S-E Asia in tech spending; Asean to invest $173.6 billion in the next three years

Smaller firms in Singapore, Indonesia, Malaysia, Thailand and Vietnam are set to spend $173.6 billion on technology – a 70 per cent increase over the next three years, noted a new report. Read more at ...

Posted on 26/04/2023

Singapore stocks struggle for direction amid uncertain outlook

Mixed messages from the United States overnight gave traders here little to go on yesterday and left the local market on an even keel. Read more at straitstimes.com.

Posted on 26/04/2023

UOB to invest S$500 million to build global technology and innovation centre

UOB is to invest S$500 million to build a new global technology and innovation centre in Singapore's Punggol Digital District (PDD) ...

Posted on 26/04/2023

DBS downgrades UOB (UOVEF) to a Hold

In a report released on April 24, Lim Rui Wen from DBS downgraded UOB (UOVEF – Research Report) to a Hold, with a price target of ...

Posted on 26/04/2023

Alipay continues regional expansion strategy as speculation of IPO plans begin to resurface

Ant Group is continuing to grow its Alipay+ digital payment service across Asia, with a significant new deal integrating it into Singapore’s unified QR system, as speculation about its much-lauded IPO ...

Posted on 26/04/2023

IPO screener: Mankind Pharma subscribed 0.14 times at end of Day 1

The ₹4,326-crore initial public offering of Mankind Pharma Ltd, which opened for subscription on Tuesday, was subscribed 0.14 times or 14 per cent on Day 1. The issue comes at a price band of ₹1,026-1 ...

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