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
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
Three people were killed and another three were injured in Russia's city of Tula following a drone attack
US VP Vance will meet with Iran's parliamentary speaker Ghalibaf in Geneva on Friday to sign the US-Iran agreement, according to Axios
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TAIWAN
TSMC (2330 TT) - 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. (Newswires)
SINGAPORE
Annica Holdings (AHL SP) - Co. secured a commercial project to deploy integrated solar and hydrogen energy systems in Sarawak, Malaysia, and is in talks to expand an existing framework agreement to accelerate renewable energy opportunities in Malaysia. (Business Times)
Cosco Shipping (COS SP) - Co. said construction of Jurong Island Logistics Hub Phase II continued through June, with structural works progressing to the sixth and seventh floors and other building works advancing smoothly. (Business Times)
Innotek (INNOT SP) - Co. incorporated a wholly-owned Thai subsidiary to support its first liquid cooling components project and accelerate expansion into the AI infrastructure sector, with operations set to begin in August. (Business Times)
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