UOB jumps 2.2% to 9-month high as broader market rises

UOB jumps 2.2% to 9-month high as broader market rises

[SINGAPORE] Shares of UOB rose on Thursday (Jan 22) as S$850 million worth of perpetual securities issued by the bank were listed on the bonds market of the Singapore Exchange at market open. The counter climbed 2.2 per cent or S$0.81 to S$37.58 in early trade. As at 9.22 am, the stock had eased to…

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UOB jumps 2% as market rises; Macquarie upgrades stock

UOB up 2.2% at 9-month high; Macquarie lifts target price to S ahead of Q4 earnings

It has potential for a ‘relative-value catch-up play’, with headwinds set to abate this earnings season [SINGAPORE] Shares of UOB rose on Thursday (Jan 22) after Macquarie upgraded its call on the lender and raised its target price. The counter climbed 2.3 per cent or S$0.83 to S$37.60 in early trade, hitting a nine-month high.…

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Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025

Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025

[SINGAPORE] Software provider Info-Tech Systems expects to report a “considerable increase” in its consolidated net profit for FY2025, compared with the full-year ended Dec 31, 2024. The improvement is attributed to higher academy training revenue resulting from stronger demand, particularly in the second half of the year, alongside continued growth in the human resource management…

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South Korea’s Kospi stock benchmark tops 5,000 for first time

South Korea’s Kospi stock benchmark tops 5,000 for first time

Published Thu, Jan 22, 2026 · 09:01 AM [SEOUL] South Korea’s stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chipmakers like Samsung Electronics and SK Hynix, reaching a level promised by President Lee Jae Myung in just over six months since he took office. The benchmark Kospi rose…

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Gold eases as tariff risks fade, US$7,000 on the table

Gold eases as tariff risks fade, US,000 on the table

Market watchers caution that heavy speculative bets could trigger price corrections if sentiment falters [SINGAPORE] Gold slipped as much as 1 per cent in Asian trading on Thursday (Jan 22) morning after US President Donald Trump pulled back on threats to impose tariffs on European nations, adding that a “framework of a future deal” over Greenland…

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Lululemon founder slams board after see-through leggings fiasco

Lululemon founder slams board after see-through leggings fiasco

Published Thu, Jan 22, 2026 · 08:42 AM LULULEMON Athletica founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he blamed on the company’s board of directors. “This is a new low for Lululemon,” Wilson said in a post on LinkedIn. “It is clear that persistent…

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Circles.Life to increase platform fee from S$0.30 to S$0.70 from Feb 1, drawing criticism online

Circles.Life to increase platform fee from Salt=

Published Thu, Jan 22, 2026 · 08:30 AM [SINGAPORE] Customers of local telco Circles.Life will need to pay almost double in platform fees from Feb 1, with the move drawing criticism from some quarters online. The fee will go up to S$0.70 from S$0.30, and directly goes towards funding improvements and new services, the operator said in an e-mail to…

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