With the earnings season in full swing, United Overseas Bank (SGX: U11), or UOB, became the second Singapore bank to release its 2023 earnings. The bank reported a stellar set of earnings as higher interest rates boosted its total income and net profit. Meanwhile, Singapore Airlines Limited (SGX: C6L) announced its business update for the third quarter and nine months of fiscal 2024. The carrier reported a mixed result with revenue hitting a record high for the quarter but saw its operating profit tumbling year on year. Elsewhere, a third blue-chip company, Sembcorp Industries Ltd (SGX: U96), also reported its 2023 results. The utility and urban development specialist enjoyed a higher core net profit while upping its full-year dividend. Here is a list of our top articles for this week.

1. UOB Reports Record Net Profit and Raises its Final Dividend to S$0.85: 5 Highlights from the Bank’s 2023 Earnings

UOB pulled off a stunning performance as the bank’s total income and net profit hit new record highs....