PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: MediaTek works with OpenAI and QCOM
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LG Electronics (066570 KS) CEO is to meet Nvidia (NVDA) CEO Huang's daughter in Seoul to discuss strategic cooperation, Seoul Economic Daily reports citing sources
[MARKET UPDATE] Crude futures rise while equity and fixed income futures fall as further reports circulate about US President Trump's dissatisfaction with the Iranian proposal
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: MediaTek works with OpenAI and QCOM
PBoC is expected to set USD/CNY mid-point at 6.8282 (prev. 6.8579)
Japanese Finance Minister Katayama says volatility in crude is affecting FX, ready to take decisive action; will closely coordinate with the US and will act when necessary; standing by around the clock
On the Newsquawk feed at , 20 minutes before this page.
Taiwan
Macronix International (2337 TT) - Co. said it will raise prices further in coming quarters to reflect a severe chip shortage after a prior increase helped it return to profitability. (Taipei Times)
MediaTek (2454 TT) - OpenAI is working with MediaTek and Qualcomm (QCOM) on mobile processors, and with Luxshare as exclusive system design and manufacturing partner, for AI agent phones, according to TF International Securities analyst Ming-Chi Kuo.
Singapore
ST Engineering (STE SP) - Co. secured S$4.8bln in new contracts in Q1 2026, including S$2.4bln from its defence and public security segment. (Business Times)
SUTL Enterprise (BHU SP) - The Competition and Consumer Commission of Singapore has flagged three concerns over the Co.’s proposed S$40 million purchase of Marina at Keppel Bay from Keppel Bay. (Business Times)
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