PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: TSMC (2330 TT) entered into a 10-year agreement with Amkor Technology to enhance advanced semiconductor packaging capabilities in Arizona, Tech stocks were hit on Wall St and the Nasdaq underperformed

TAIWAN

TSMC (2330 TT) - Co. entered into a 10-year agreement with Amkor Technology to enhance advanced semiconductor packaging capabilities in Arizona and strengthen investment in the US semiconductor supply chain ecosystem. (Newswires)

Insurers

Taiwan’s Financial Supervisory Commission plans to amend regulations to enable life insurers to channel capital directly into AI-linked projects, according to Bloomberg News. (Newswires)

Tech

Meta Platforms’ Facebook, Instagram and Threads account suspensions were caused by a technical glitch in the Co.’s age-verification system, with users locked out of their accounts from Sunday, according to MODA. (Taipei Times)

Geopolitical

Taiwan President Lai unveiled plans for a drone squadron comprising 126 soldiers, with a lieutenant colonel serving as commanding officer. (Taipei Times)

Other News

Taiwan Research Institute raised its 2026 GDP growth forecast to 9.33% from 3.46%, citing robust global demand for AI applications. (Focus Taiwan)

SINGAPORE

Boustead Singapore (BOCS SP) - Co.’s subsidiary Esri Australia renewed a geographic information systems platform contract with the Australian federal government for around SGD 60mln. (Business Times)

Fintech – Fintech firm Arki Finance received a MAS licence and is targeting mass-affluent investors in Singapore. (Straits Times)