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 ...
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Singapore mulls making banks, telcos share responsibility for scam losses
The Monetary Authority of Singapore (MAS) is mulling a proposed Shared Responsibility Framework (SRF) that could see financial institutions and telecommunications companies (telcos) share ...
3 Singapore Blue-Chip Stocks to Buy if You Have S$30,000 to Spare
Searching for stocks with stability and great long-term prospects? Here are three you can consider. The post 3 Singapore Blue-Chip Stocks to Buy if You Have S$30,000 to Spare appeared first on The ...
Singapore banks, telcos to bear phishing scam losses ahead of consumers if they fail in obligations under proposed regulations
Financial institutions will be expected to bear the full losses incurred by customers in phishing scams if they are found to have breached proposed ...
Financial institutions, then telcos in Singapore accountable to scam victims if found negligent under planned framework
Mobile phone networks that don’t enforce security protocols will have to reimburse victims of certain phishing scams – a ruling that already applies to financial institutions.