Singapore Evening Wrap: UOB's Profit Beat, Copper's Record Run, and Oil's Hormuz Headache

UOB reported a 10% jump in second-quarter net profit to $1.48 billion, comfortably beating analyst expectations. The result was powered by a record haul in wealth management fees, which helped offset a 2% dip in net interest income as rates cooled. The bank declared an interim dividend of 88 cents per share, and with peers OCBC and DBS also hitting fresh highs, Singapore's banking trio is ending the week on a strong...