Singapore's UOB pauses 2025 guidance due to US tariffs, posts stable Q1 net profit

Bianca Popa

SINGAPORE: Singapore's United Overseas Bank (UOB) will resume giving 2025 guidance when the impact of United States tariffs becomes clearer, it said on Wednesday (May 7) after posting a stable first-quarter net profit that missed expectations. "The world order has been disrupted by US tariffs. While it is too early to quantify the exact impact, we expect growth to slow in the near term," UOB deputy chairman and CEO Wee Ee Cheong said in a briefing, referring to the global outlook. The bank's

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