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

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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