PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Taiwan's central bank said the technology sector remains the primary driver of economic growth, Emini Nadsaq 100 dropped at the reopen, but steadily claws back some losses amid conflicting reports on US-Iran talks
Newsquawk Staff ·
TAIWAN
Tech - Taiwan's central bank said the technology sector remains the primary driver of economic growth, while exports from traditional industries have shown signs of recovery. (Focus Taiwan)
Taiwan Central Bank
Taiwan's central bank left its key interest rates unchanged on Thursday for a ninth consecutive quarter, maintaining the discount rate at 2.0%. Taiwan’s central bank raised its 2026 GDP growth forecast to 9.45% from 7.28%, citing strong export momentum and continued benefits from the global AI boom, while leaving housing market credit controls unchanged. (Focus Taiwan)
Other News
Legislative Speaker Han Kuo-yu departed for a six-day US visit leading a cross-party delegation, with stops including Washington, D.C. and TSMC's Arizona complex. (Focus Taiwan)
SINGAPORE
Telecoms - The collapse of Simba Telecom’s proposed acquisition of M1 has dealt an unexpected blow to what many had viewed as the inevitable consolidation of Singapore’s telecommunications industry. (Straits Times)
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