PRE-MARKET TAIWAN AND SINGAPOREAN STOCK NEWS: CSBC to expand maritime forces, Temasek's sustainable living portfolio rises 7% Y/Y
Importance
Level 1
Taiwan
CSBC Corporation (2208 TT) - Co. is ready to capitalise on Taiwan’s plans to expand its maritime forces to counter Chinese vessels. (Nikkei Asia)
Phison Electronics (2899 TT) - Co. reports June revenue (TWD) 24.85bln (prev. 6.20bln Y/Y). (Phison Electronics)
SinoPac Financial (2890 TT) - Co. reports June revenue (TWD) 9.68bln (prev. 6.42bln Y/Y). (SinoPac Financial)
Yageo (2327 TT) - Co. reports June revenue (TWD) 15.36bln (prev. 11.06bln Y/Y). (Yageo)
Other News
- FSC Chairman says a plan to extend trading hours on the stock market is not a priority, and it would not be implemented before Taiwanese society reaches a consensus.
Singapore
Temasek (TMSK SP) - A Co. exec says it would be open to funding the rebuild and expansion of energy infrastructure. Elsewhere, the Co. says its sustainable living portfolio rose c. 7% to SGD 49bln. (Temasek)
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