PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) is said to be accelerating advanced packaging expansion in Taiwan and US

TAIWAN

Formosa Petrochemical (6505 TT) - Co. and CPC Corp, Taiwan announced they will leave domestic gasoline and diesel prices unchanged this week. (Taipei Times)

TSMC (2330 TT) - Co. is said to be accelerating advanced packaging expansion in Taiwan and US. (Newswires)

Geopolitics

China unveiled policy measures to show goodwill to Taiwan following a meeting between Chinese President Xi and Taiwan’s opposition leader Cheng Li-wun. (Newswires)

Taiwan will carry out new drills in the coming weeks to ensure the island has access to vital supplies in the event of a Chinese blockade. (Newswires)

SINGAPORE

CapitaLand Investment (CLI SP) - Co. achieved final close of the CapitaLand Asia-Pacific Credit Program II, its second regional fund under its flagship real estate credit series, adding around USD 600mln to funds under management. (Business Times)

Katrina Group (KTG SP) - Co. said independent auditors from EY raised uncertainties about its ability to continue as a going concern. (Business Times)