PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: TSMC (2330 TT) is raising prices across more than 75% of its wafer revenue base, tech stocks and Emini Nasdaq 100 rebound overnight after the recent sell-off
[CALENDAR ADDITION] US President Trump will sign Road to Housing Act at 12:00EDT/17:00BST, will attend Senate Steering Committee lunch at 13:00EDT/18:00BST and will meet NATO Secretary General at 15:30EDT/20:30BST on Wednesday
China fund managers shift to targeted AI stock positioning, with more concentrated bets related to the industry leaders that are capable of delivering orders and addressing capacity bottlenecks, according to China Securities Journal
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: TSMC (2330 TT) is raising prices across more than 75% of its wafer revenue base, tech stocks and Emini Nasdaq 100 rebound overnight after the recent sell-off
Samsung Electronics (005930 KS) may announce a KRW 90tln share buyback for equity-related bonuses
US-Iran trash talk is disrupting peace negotiations, while President Trump's social media feed is rattling Tehran's diplomats who are consulting psychologists and The Art of the Deal for tips to respond, according to WSJ
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TAIWAN
TSMC (2330 TT) - Co. is raising prices across more than 75% of its wafer revenue base, according to Culpium Research. (Culpium Research)
Tech
Emini Nasdaq 100 attempts to rebound overnight after slipping beneath the 30,000 level during yesterday’s tech sell-off. (Newswires)
Taiwanese start-ups were recognised at a European event, in which NunoX Technology won the AI category at a competition held during VivaTech, Europe’s largest start-up and technology trade fair. (Taipei Times)
Data Recap
- Taiwan Export Orders Y/Y (May) 47.2% (Prev. 48.1%)
- Taiwan Unemployment Rate (May) 3.32% (Prev. 3.34%)
SINAGPORE
Singapore Telecommunications (ST SP) - Co. raised about SGD 1bln by selling a 2.8% cent stake in Gulf Development. (Straits Times)
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