PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Exports in January surged by around 70% Y/Y
Taiwan's exports surged nearly 70% year-on-year in January, significantly exceeding expectations and indicating robust demand that may signal ongoing economic strength.
US Department of Health and Human Services is to cut USD 600mln in public health grants to blue states, according to Bloomberg
Monetary Authority of Singapore chief economist says monetary policy stance remains appropriate
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Exports in January surged by around 70% Y/Y
Venezuela's largest refinery, Amuay, is out of service after a power blackout, according sources
Australian NAB Business Conditions (Jan) 7 (prev. 9)
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TAIWAN
Acer (2353 TT) - Co. January rev. rose 39.8% Y/Y to TWD 21.1bln. (Newswires)
Delta Electronics (2308 TT) - Co. January rev. rose 32.9% Y/Y to TWD 49.7bln. (Newswires)
WT Microelectronics (3036 TT) - Co. January sales rose 151.7% Y/Y to TWD 195.7bln. (Newswires)
Data Recap
- Taiwan Trade Balance (US)(Jan) 18.9B vs Exp. 16.7B (Prev. 19.4B)
- Taiwan Exports YY (Jan) 69.9% vs Exp. 51.9% (Prev. 43.4%)
- Taiwan Imports YY (Jan) 63.6% vs Exp. 40.9% (Prev. 14.9%)
SINGAPORE
Boustead Singapore (BOCS SP) - Co. received approval from the Singapore Exchange to list its UI Boustead REIT on the main board of the SGX. (Newswires)
Other News
Singapore raised its 2026 GDP growth forecast to 2%-4% from prev. estimate of 1%-3%. (Straits Times)
Data Recap
- Singapore GDP QQ (Q4 F) 2.1% (Prelim. 1.9%)
- Singapore GDP YY (Q4 F) 6.9% (Prelim. 5.7%)
This data suggests positive implications for Taiwan's trade balance and could influence expectations around future monetary policy and growth in the region. Similarly, Singapore's raised GDP forecast reflects improving economic prospects, which could impact broader market sentiment towards Asian equities.
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