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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: DBS (DBS SP) Q4 (SGD) net 2.36bln (exp. 2.57bln), rev. 5.33bln (exp. 5.70bln

DBS reported a Q4 net income and revenue that missed analyst expectations, reflecting potential underlying weaknesses in their financial performance.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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PRE-MARKET CHINESE STOCKS NEWS: Innovent Biologics (1810 HK) announced strategic collaboration with Eli Lilly (LLY)

PBoC sets USD/CNY mid-point at 6.9523 vs exp. 6.9334 (Prev. 6.9590)

PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: DBS (DBS SP) Q4 (SGD) net 2.36bln (exp. 2.57bln), rev. 5.33bln (exp. 5.70bln

Angolan Inflation Rate MoM (Jan) M/M 0.68% (Prev. 0.95%)

Angolan Inflation Rate YoY (Jan) Y/Y 14.56% (Prev. 15.70%)

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TAIWAN

Formosa Petrochemical (6505 TT) - Co. January rev. fell 10.7% Y/Y. (Newswires)

Novatek Microelectronics (3034 TT) - Co. Q4 net fell 23.2% Y/Y to TWD 3.7bln. (Newswires)

Powertech Technology (6239 TT) - Co. January rev. rose 43.0% Y/Y. (Newswires)]

SINGAPORE

DBS (DBS SP) - Co. Q4 (SGD) net 2.36bln (exp. 2.57bln), rev. 5.33bln (exp. 5.70bln). (Newswires)

Context

This shortfall could impact market sentiment towards the bank and may trigger adjustments to growth forecasts or valuation multiples, particularly if it suggests a broader trend in the region's financial sector.

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