|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||43.92 - 44.82|
|52-week range||34.15 - 45.46|
|Beta (5Y monthly)||1.03|
|PE ratio (TTM)||13.66|
|Forward dividend & yield||1.78 (3.99%)|
|Ex-dividend date||13 Aug 2021|
|1y target est||32.87|
* Bank of Korea hikes benchmark rate 25 bps to 1.25%, stocks fall * Philippines extends COVID curbs in capital region until end-Jan * Singapore's United Overseas Bank hits record high on Citi deal By Anushka Trivedi Jan 14 (Reuters) - Emerging Asian stocks tumbled on Friday as a possibility of multiple and faster interest rate hikes by the U.S. Federal Reserve frayed investor nerves, while a rally in the South Korean won lost steam after the central bank tightened policy. Equities in Taiwan, Malaysia, the Philippines and Thailand slid between 0.2% and 1.1%. The dollar struggled as four Fed rate hikes seemed to be fully priced in, with Fed Governor Lael Brainard becoming the latest and most senior U.S. central banker to signal that rates will rise in March to combat inflation.
* Bank of Korea hikes benchmark rate 25 bps to 1.25%, stocks fall * Won eyes weekly gains of ~1% * Philippines extends coronavirus curbs in capital region until end-Jan By Anushka Trivedi Jan 14 (Reuters) - Asian currencies were tepid and stocks tumbled on Friday as the possibility of multiple and faster rate hikes by the Federal Reserve frayed investor nerves, while the South Korean won took a breather as the country's central bank tightened policy. The dollar struggled as four U.S. rate hikes seemed to be fully priced in, with the Fed Governor Lael Brainard becoming the latest and most senior central banker to signal that rates will rise in March to combat inflation. Losses in Asian currencies were limited, with the Indonesian rupiah and Malaysia's ringgit easing 0.2%, while Singapore and Taiwan's dollars were flat.
Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$5 billion ($3.7 billion), bringing the U.S. bank closer to its goal of exiting retail operations in 13 markets. The proposed acquisition by Singapore's UOB will be its biggest in two decades and double its retail customer base in the four markets in Southeast Asia, where the bank already has a substantial presence and competes with larger rivals including DBS Group and OCBC.