United Overseas Bank Limited (U11.SI)

SES - SES Delayed Price. Currency in SGD

Add to watchlist

26.58+0.55 (+2.11%)

At close: 5:15PM SGT

All

Reuters SG
EMERGING MARKETS-Rupiah, won lead Asia FX gains; China data buoys stocks
The rupiah hit a two-month high and was headed for its best week since early November as the country's quarterly economic output data on Wednesday hinted at mild recovery and as foreign investors returned to the country's high-yielding bonds. An exodus of outflows, dividend repatriation pressure and concerns about Bank Indonesia's autonomy had seen the rupiah slump this year, but it recently found favour among yield-seekers as the Federal Reserve asserted a dovish stance.
Reuters SG
UPDATE 2-OCBC doubles Q1 profit, rounds up strong outlook for Singapore banks
Singapore's Oversea-Chinese Banking Corp more than doubled its quarterly profit on Friday as it handily beat market estimates thanks to a robust performance in its wealth management business and a drop in credit allowances. The results rounded up a strong showing by Singapore lenders DBS Group and United Overseas Bank in tandem with a recovering global economy that is helping boost bank earning across many countries.
Reuters SG
Singapore bank UOB's Q1 profit rises 18% on lower impairment charges
United Overseas Bank, Singapore's smallest listed lender, reported an 18% rise in first-quarter net profit on Thursday, boosted by strong fee income growth, a decline in impairment charges and strong credit demand.