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Tag: finance

Posted on 27/10/2023

Taylor Swift Mania Sparks Jump in Singapore Bank’s Card Fees

Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...

Posted on 27/10/2023

UOB sees stronger loan and fee growth in 2024; Q3 core net profit up 5%

SINGAPORE – UOB is expecting better loan and fee growth in 2024, saying that while the macroeconomic outlook is uncertain, the Asean region remains a bright spot. Deputy chairman and chief executive ...

Posted on 26/10/2023

Mourant Set To Launch In Singapore with Funds Partner Hire from Maples

“We will also be looking for banking and finance mandates, as well as corporate work generally, so it is a mirror image of what we are already doing in Hong Kong,’ he added. Luton will be in charge of ...

Posted on 26/10/2023

Banks and telcos to be held jointly responsible for phishing scams in Singapore

The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) today published a joint consultation paper proposing a Shared Responsibility Framework (SRF) for phishing ...

Posted on 26/10/2023

U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia

Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore's United Overseas Bank. But the bank remains optimistic ...

Posted on 26/10/2023

Singapore bank UOB sees stronger 2024 outlook, Q3 net profit trails estimate

SINGAPORE: Singapore's United Overseas Bank (UOB) expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday (Oct 26) a weaker-than-expected 1 per cent ...

Posted on 26/10/2023

UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business Update

The lender expects margins to remain firm with fee income increasing by double-digits for 2024. The post UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business ...

Posted on 26/10/2023

UOB Q3 net profit drops 1% to $1.38 billion after one-off Citi acquisition costs

SINGAPORE - UOB on Thursday posted core net profit of $1.48 billion for the third quarter ended Sept 30, an increase of 5 per cent from the same period last year, in line with Bloomberg forecasts.

Posted on 26/10/2023

Taylor Swift Mania Sparks Record-Breaking Jump in UOB Card Fees

Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...

Posted on 26/10/2023

Singapore’s AIOX Emerges with a New Fund Focused on Deeptech and Web3

SINGAPORE - Media OutReach - 26 October 2023 - AIOX Apex Angel ... corporation and public listing of corporates in various industries, including real estate, finance, manufacturing, blockchain, energy ...

Posted on 26/10/2023

Singapore proposes shared responsibility framework for finish scams

Both financial institutions and telcos are held accountable for mitigating scams. The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) have jointly published a ...

Posted on 26/10/2023

SLNG to develop and operate a second LNG terminal in Singapore

The terminal will have a gas supply capacity of up to 5 million tonnes per annum. Singapore LNG Corporation will develop and operate a second Liquefied Natural Gas (LNG) terminal in Singapore, Finance ...

Posted on 26/10/2023

Banking the wealthy: Asia is where the action is

And Asia is where he sees the bank can make the difference “We're on the cusp of Hong Kong and Singapore both being larger than Switzerland in terms of being global wealth centres,” declares Andy Sieg ...

Posted on 25/10/2023

China’s Big Policy Moves Draw Cautious Investors Back to Beat-Down Stock Market

China's benchmark CSI300 Index staged a moderate rebound from 4-1/2-year lows this week, after state fund Central Huijin Investment started buying exchange-traded funds (ETFs) on Monday, adding ...

Posted on 25/10/2023

KrisFlyer UOB Credit Card—MoneySmart Review

KrisFlyer miles chasers, the KrisFlyer UOB Credit Card might be the easiest, most fuss-free miles card for you. This card lets you earn KrisFlyer miles directly with no conversion fee (unlike miles ...

Posted on 25/10/2023

MAS orders DBS and Citibank to investigate lengthy outage

The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment ...

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