PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Hon Hai (2317 TT) will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems
US President Trump and team discussed intelligence gathered by several US intelligence agencies which showed the way Iranian officials were discussing the deal among themselves was inconsistent with what they were telling mediators and the US
PBoC is expected to set USD/CNY mid-point at 6.7605 (prev. 6.8088)
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Hon Hai (2317 TT) will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems
[MARKET UPDATE] Asia-Pac stocks begin mixed following the prior day's rally and as market participants turn their attention to this week's busy slate of central bank policy decisions, with the BoJ and RBA announcements due later
Australia's APRA commences final phase of governance review by setting out updated requirements designed to strengthen governance across banking, superannuation and insurance, with new requirements expected to take effect from early 2028
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TAIWAN
Hon Hai Precision Industry (2317 TT) - Foxconn will partner with Schneider Electric (SU FP) to develop and manufacture AI data centre equipment, including servers, power systems and cooling systems. (Nikkei)
Geopolitical - Taiwan’s first F-16V Block 70 aircraft ordered from the US has been sighted in Texas ahead of delivery, according to DPP Legislator Wang Ting-yu. (Taipei Times)
Other News
Taiwan’s Finance Minister Chuang Tsui-yun said the government will adhere closely to fiscal discipline as it faces a future revenue shortfall from an ageing population and falling births. (Taipei Times)
SINGAPORE
IPO - Foundation Healthcare Holdings plans to file its initial public offering prospectus in Singapore in the coming days, according to people with knowledge of the matter. (Straits Times)
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