PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Largan Precision (3008 TT) April (TWD) net rose 88.54% Y/Y to 1.831bln
Largan Precision's impressive 88.54% year-on-year increase in net income signals strong operational momentum in the tech and optics sector.
Australian PM Albanese says Australia has secured over 600k barrels of jet fuel and that three cargoes of jet fuel from China are expected to arrive from early June
Israeli media says the main reason US President Trump postponed attacks on Iran is the Pentagon's warning that Iran is strengthening its air defences, according to Al Mayadeen
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Largan Precision (3008 TT) April (TWD) net rose 88.54% Y/Y to 1.831bln
Australian Westpac Consumer Confidence Index (May) 83 (Prev. 80.1)
Australian Westpac Consumer Confidence Change (May) 3.5% vs. Exp. -1.1% (Prev. -12.5%)
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TAIWAN
Largan Precision (3008 TT) - Co. April (TWD) net rose 88.54% Y/Y to 1.831bln. (Newswires)
SINGAPORE
City Developments (C09 SP) - Co. appointed Chairman’s cousin Kwek Leng Peck as vice-chairman, effective June 1. (Straits Times)
This robust growth is likely to bolster investor sentiment around the company and the broader Taiwanese market, potentially leading to upward adjustments in earnings expectations and stock valuations in the sector.
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