UOB's $2 billion dividend just made these Singapore traders very happy
Key Points
- Singapore's Straits Times Index hits a record high of 3,949....
Singapore's stock market just hit 3,949.65 points, and frankly, it's showing off at this point. The Straits Times Index climbed 0.6% to reach this record high, marking a solid 4% gain for the year while other global markets have been doing their best impression of a ping-pong ball.
When Your Bank Actually Makes You Money
United Overseas Bank decided to be the generous friend in the group, posting a 9% quarterly profit jump and announcing a whopping $2 billion special dividend and share buyback combo. That's the kind of news that makes you check your portfolio twice just to make sure you'...
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