UNITED Overseas Bank's (UOB) net profit for its fourth quarter rose 10 per cent from the year-ago period, driven by growth in net interest income and trading and investment income, the bank announced on Friday.
Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a US$600 million share buyback, sending its shares up 11per cent in trading after the bell.
UNITED Overseas Bank (UOB) will launch its digital bank, TMRW, next in Indonesia this year.
Airbus SE plans to invest between 500 million euros and 1 billion euros (US$539 million-US$1.08 billion) this year on its A220 passenger jet program, Chief Executive Guillaume Faury said on Thursday at the company's A220 factory in Canada.
People want to fly “sustainably” or buy carbon offsets, but are reluctant to fly less, says an observer.
After short-term help with cash flow runs out, businesses in these sectors have longer-term issues they can’t ignore, say Elaine Ng, Vishal Thapliyal and Irene Liu.
THE Singapore dollar plunged to 1.40 against the US unit on Thursday, reflecting growing recession fears as new reported cases of Covid-19 - while slowing down inside China - seem to be picking up pace in the rest of the world.
MAINBOARD-LISTED iFast Corporation is targeting an ambitious 20 per cent return on equity (ROE) from its digital banking outfit in the next five years, with the firm "confident" of receiving a wholesale licence come mid-2020, said its top executive.
FINTECH investments in Singapore more than doubled to US$861 million in 2019 from the year before, led by big gains in funding to payments and insurtech startups.
T- Mobile US and Sprint Corp are nearing an agreement on new merger terms and the final deal could be announced as soon as Thursday, the Wall Street Journal reported citing people familiar with the matter.
