PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: City Developments (CIT SP) and Hong Realty submitted the top bid of SGD 542.4mln for a 99-year leasehold residential site at Peck Hay Road and plan to develop a 39-storey project
US forces shot down two Iranian one-way attack drones near Strait of Hormuz after Iran attempted to strike commercial ships in the Strait of Hormuz, according to a Fox News reporter
BoK Governor Shin says interest rates need to be raised before its too late and inflation is to exceed target for a considerable period of time
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: City Developments (CIT SP) and Hong Realty submitted the top bid of SGD 542.4mln for a 99-year leasehold residential site at Peck Hay Road and plan to develop a 39-storey project
Japanese Finance Minister Katayama says aiming to broaden retail JGB offerings, adds retail Japanese government bonds remain unappreciated by households, with a room for broader sales expansion
PBoC is expected to set USD/CNY mid-point at 6.7640 (prev. 6.8150)
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TAIWAN
MediaTek (2454 TT) - Co. shares are poised for their best quarter on record, as investors bet a shift into AI chips. (Newswires)
SINGAPORE
City Developments (CIT SP) - Co. and Hong Realty submitted the top bid of SGD 542.4mln for a 99-year leasehold residential site at Peck Hay Road and plan to develop a 39-storey project with about 380 units. (Business Times)
Singapore Kitchen Equipment (SKE SP) - Co. said charges against its CEO and a senior manager relate to an alleged conspiracy to mislead auditors and falsify 102 payment vouchers linked to a SGD 742k bonus payment, with the board retaining both executives pending the outcome of the investigation. (Business Times)
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