PRE-MARKET TAIWAN AND SINGAPOREAN STOCK NEWS: CSBC to expand maritime forces, Temasek's sustainable living portfolio rises 7% Y/Y

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Iran's advisor to the Supreme Leader Rezaei says "martyr Khamenei taught us not to fear American and showed that falsehood will perish. Await the hard slap from the Iranians"

White House says USD 3bln worth in deals and JVs were announced at the NATO summit

PRE-MARKET TAIWAN AND SINGAPOREAN STOCK NEWS: CSBC to expand maritime forces, Temasek's sustainable living portfolio rises 7% Y/Y

PBoC is expected to set USD/CNY mid-point at 6.7978 (prev. 6.8077)

Iran's IRGC says they will respond to the targeting of a bridge in Aqqala, Al Arabiya reports

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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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