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Singapore lender UOB posts 11% rise in Q2 net profit

SINGAPORE – Singapore’s smallest listed lender, United Overseas Bank (UOB), reported a rise of 11% in second-quarter profit, supported by a strong improvement in net interest income amid increasing interest rates. “This…
July 28, 2022

Japanese investors net sellers of foreign bonds in May

(Reuters) – Japanese investors were net sellers of foreign bonds for the third consecutive month in May, as concerns over aggressive monetary tightening by major central banks shrank bond prices. Japan’s Ministry…
June 9, 2022
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