PBoC sets USD/CNY mid-point at 6.8088 vs exp. 6.7544 (prev. 6.8109)

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Singapore's Deputy PM Wong announces that the Monetary Authority of Singapore will remove the 5% cap on physical investment of precious metals under tax incentive schemes for funds

PBoC injects CNY 425bln via 7-day reverse repos with rate maintained at 1.40%

PBoC sets USD/CNY mid-point at 6.8088 vs exp. 6.7544 (prev. 6.8109)

PRE-MARKET CHINESE STOCKS NEWS: China is accelerating technology IPOs as part of broader capital market reforms

PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Taiwan’s Economic Affairs Minister Kung Ming-hsin expressed confidence regarding TSMC’s compliance with patent regulations after reports linked the Co. to a US patent infringement lawsuit

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