PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Foxconn signs MoU with Mitsubishi Electric, Keppel begins arbitration

Foxconn's MoU with Mitsubishi Electric indicates a potential strategic shift towards automotive equipment, which could strengthen their portfolio and competitive positioning in a growing market.

Newsquawk StaffPublished 27 Apr 2026, 00:44 UTCOn the live feed at 00:24 UTC — 1 more headline followed before this page went public

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00:53

China's MOFCOM issues a statement on the EU Industrial Accelerator Act, calling it discriminative for trade; will closely monitor and engage in dialogue with the EU but threatens countermeasures if the EU presses ahead

00:33

Japanese PM Takaichi says Japan has secured stable oil supply into next year, closely watching the Middle East impact on the economy

00:24

PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Foxconn signs MoU with Mitsubishi Electric, Keppel begins arbitration

00:20

PBoC is expected to set USD/CNY mid-point at 6.8282 (prev. 6.8674)

00:08

US CENTCOM announces that the US has directed 38 ships to turn around or return to post since the start of the blockade

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Taiwan

Mitsubishi Electric Corp. (6503 JT), Foxconn (2317 TT) - Co. signed an MoU with Foxconn to explore a strategic alliance in automotive equipment, including a potential transfer of a 50% stake in its automotive unit. (Reuters)

Singapore

DBS Group Holdings (DBS SP) - Co. will offer SGD 10mln in cashback redemptions to help offset the cost of food and essential goods for consumers. (Straits Times)

Keppel (KEP SP) – Co.’s subsidiary begins arbitration proceedings against three entities for claims related to an agreement involving Vietnam JV. (Newswires)

Context

Meanwhile, Keppel's arbitration proceedings highlight underlying risks in joint ventures, potentially impacting investor sentiment temporarily as it raises questions about operational stability in the region.

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