|Bid||25.77 x 0|
|Ask||25.78 x 0|
|Day's Range||25.72 - 26.11|
|52 Week Range||23.39 - 27.97|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||10.59|
|Earnings Date||Nov 1, 2019|
|Forward Dividend & Yield||1.10 (4.23%)|
|1y Target Est||30.89|
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
* China, U.S. set for second day of high-level trade talks * World Bank cuts growth forecast for Philippines * Singapore set to close 0.8% higher on-week By Soumyajit Saha Oct 11 (Reuters) - Southeast Asian stock markets opened higher on Friday, with Indonesia leading the gains, as revived optimism over the ongoing Sino-U.S. trade talks boosted investor sentiment. Market sentiment turned positive after a first day of trade talks between top U.S. and Chinese negotiators that Trump characterised as "very, very good." Chances of reaching "early harvest" agreements on issues such as currencies and copyright protections were higher, a U.S. Chamber of Commerce official said, while U.S. President Donald Trump said senior U.S. delegates had "very, very good negotiations with China".
Kudos to Patrick Jenkins in bringing forth the outrageous rates, spreads and charges in the unregulated currency exchange markets at airports (“ Airport bureaux de change rip-off had me flying into a rage ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of United Overseas Bank (Thai) Public Co Ltd and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Today we'll take a closer look at United Overseas Bank Limited (SGX:U11) from a dividend investor's perspective...
Rating Action: Moody's assigns definitive Aaa to UOB's Series 7 mortgage covered bonds. Global Credit Research- 05 Sep 2019. USD500 million of bonds rated.
* U.S. curve inverts for first time in 12 years * Singapore hurt by losses in financial sector * Vietnam claws back ground to end 1.1% higher By Soumyajit Saha Aug 15 (Reuters) - Most Southeast Asian stock markets ended lower on Thursday, tracking a global downturn in equities as an inversion in the U.S. bond yield curve triggered recession fears, while the Vietnam index closed at its highest in two weeks. Risk appetite was all but eradicated as the inversion came shortly after economic data showed China's industrial output growth cooling to a more than 17-year low, pointing towards a slowdown in Southeast Asia's biggest trading partner. Adding to market uncertainty, no trade concessions were made by Beijing following the postponement of 10% tariffs on over $150 billion worth of Chinese imports by U.S. President Donald Trump, senior U.S. officials said on Wednesday.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting fears of recession in the city-state. The government cut its forecast range for gross domestic product in Singapore - often seen as a bellwether for global growth because international trade dwarfs its domestic economy - to zero to 1% from its previous 1.5%-2.5% projection. Singapore's downgrade adds to concerns globally about the effect of increasing protectionism on exports and production.
Singapore's Oversea-Chinese Banking Corp Ltd reported steady earnings and profit jumped at United Overseas Bank in the second quarter, with improved margins and loan growth providing support in a slowing economy. Analysts however expect Singapore banks' performance to weaken as a decline in interest rates and the faltering economy put pressure on the sector's profit and revenue growth after three strong years. "While economic growth in our key markets is slowing, our healthy capital, funding and liquidity position will allow us to comfortably navigate the challenging operating environment and pursue our long-term growth strategy," OCBC CEO Samuel Tsien said in a statement on Friday.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of United Overseas Bank Limited and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.