Business
Shares of UOB fall 3.3% after reaching new high last week
UOB shares declined by over 3 per cent on Monday (Jan 26) morning after hitting a new high last Friday. As at 9.05 am, the counter slipped…
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UOB
Business
UOB soars 3.6%, hitting record alongside OCBC; STI up 1% to new peak
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.6…
Business
DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender Shares…
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected…
Business
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now…
Business
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck…
Business
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
Business
DBS, UOB, OCBC return surplus capital with over S$700 million of buybacks
In the first five months of 2025, 63 primary-listed Singapore companies conducted share buybacks through open market acquisitions,…
Business
DBS, OCBC, UOB set aside extra allowances to account for heightened uncertainty
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic…
Business
UOB halts earnings guidance amid macro uncertainties, but remains ‘committed’ to S$3 billion capital return plan
Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation…
Business
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief…
Business
UOB misses expectations with Q1 profit flat at S$1.49 billion
UOB’s net profit for its first quarter was flat amid broad-based growth, it said on Wednesday (May 7). Net profit for the three months…
Business
IHH Healthcare signs S$300 million sustainability-linked loan with UOB
Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its…
Business
Asean remains attractive amid global trade, supply chain disruptions: UOB CEO Wee Ee Cheong
The Asean region remains an attractive market to do business with, even amid uncertainties due to geopolitical risks and the impact of the…
Politics
UOB says data centres are ‘sheltered’ from Trump tariffs, names Reits to buy
UOB Kay Hian (UOBKH) predicts continued growth in demand for data centres over the next five years – despite a challenging environment…
Business
Stocks to watch: ST Engineering, SGX, SIA, DBS, UOB, Venture, YZJ Shipbuilding, CapitaLand Investment
The following companies saw new developments that may affect trading of their securities on Thursday (Apr 10). ST Engineering: The company…
Politics
UOB Kay Hian cuts Sats target price to S$2.89, downgrades it to ‘hold’ on likely tariff impact
Freight handler Sats might be hit by a potential slowdown in globalisation and decline in global trade volume as a result of the United…
Business
Stocks to watch: UOB, SGX, Sembcorp, CDL, DBS
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as US President…
Business
DBS, OCBC, UOB tumble on potential Fed rate cuts if economies slow
Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), leading a broader market sell-off triggered by concerns over…
Business
Here are the 5 top-performing Singapore stocks in Q1 – DBS, UOB and OCBC are not among them
The Straits Times Index (STI) achieved multiple highs in the first quarter of 2025, driven by factors such as investors flocking to safe…
Business
UOB to take legal action against former Yang Kee Logistics CEO, The Online Citizen over ‘defamatory’ remarks
UOB will initiate legal proceedings against Ken Koh, the former chief executive of Yang Kee Logistics, after he failed to retract and…