May 8 (Reuters) - United Overseas Bank Ltd:
* SEES LOW SINGLE-DIGIT LOAN GROWTH IN 2024
* SEES DOUBLE-DIGIT FEE GROWTH IN 2024
* SEES TOTAL INCOME TO SEE POSITIVE GROWTH IN 2024
* SEES CREDIT COSTS AT LOWER END OF 25- 30 BASIS POINTS IN 2024
* SEES CORE COST-TO-INCOME RATIO AT AROUND 41% TO 42% ON COST DISCIPLINE IN 2024 Further company coverage:
While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
With the REIT sector in the doldrums for the past two years, is there light at the end of the tunnel? The post Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for appeared first on The Smart Investor.
Gunning for higher dividends? Here are five stocks that upped their dividends by 20% or more. The post 5 Singapore Stocks That Increased Their Dividends by 20% or More appeared first on The Smart Investor.
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
Mapletree Investments, a real estate firm owned by Singapore state investor Temasek Holdings, recorded a loss for the first time in two decades, after bearing the brunt of a global commercial property downturn.
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in ST Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for data centres across Asia Pacific as nations and companies respond to the boom in artificial intelligence.
Stock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate cuts.Among individual stocks, Anglo American shares fell 5.2 percent in London after the mining giant rejected a request from BHP to extend a Wednesday deadline for takeover talks, with BHP saying later it would not be making another offer.
Bitcoin prices slip after a number of wallets linked to Mt. Gox moved billions worth of Bitcoin into a single wallet Tuesday.
A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
Apple stock has been making a comeback lately, and the artificial-intelligence upgrade coming for iPhones will drive shares even higher, said BofA Securities. Shares of Apple had a challenging start to the year as investors digested reports of weak demand in China and awaited for generative artificial-intelligence updates. It seemed that every other tech company was releasing its plans to get ahead in the GenAI race, but Apple has yet to announce any major updates.
We recently analyzed the top utilities stocks hedge funds are buying to profit from the AI-led boom in the industry. Since Vistra Corp. (NYSE:VST) was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started with […]
Having unneeded money in the financial system could exacerbate inflation just as Fed officials await evidence that price gains are slowing down before cutting interest rates.
Having a solid plan can keep you on track for your retirement goals, but just because you have one now doesn't mean you never need to update it. In fact, if you want to ensure you can retire on your...
Revenue grew by 78.6% y-o-y, reaching a record US$220.8 million in FY2024.
Nelson Peltz cashed out his shares of Disney shortly after the activist investor lost his bid to win seats on the Mouse House’s board, according to a CNBC report Wednesday. Peltz sold all of his Disney stock at “close to $120 dollars a share,” making about $1 billion on the sale, CNBC reported, citing an …
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most worrisome economic indicators currently being monitored. His concerns now appear prescient as new data reveal a significant uptick in delinquency rates in the first quarter of 2024. "If the delinquency rate of consumer loans starts rising, that is often a leading indicator that things are about to get worse," Goolsbee stated. Recent figures from the Federal Reserve published
Earnings season is winding down and a strange confluence of events is occurring – the economy is softening, but corporate profits are accelerating.
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
We recently compiled the list of the 12 Best Quantum Computing Stocks To Buy according to the hedge funds using the latest sentiment data. In this article, we are going to take a look at where NVIDIA Corporation (NVDA) stands against the other quantum computing stocks. These days, artificial intelligence is one of the hottest […]
OpenAI says it's setting up a safety and security committee and has begun training a new AI model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday that the committee will advise the full board on “critical safety and security decisions" for its projects and operations. The safety committee arrives as debate swirls around AI safety at the company, which was thrust into the spotlight after a researcher, Jan Leike, resigned and leveled criticism at OpenAI for letting safety “take a backseat to shiny products."
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