Taiwan will carry out new drills in coming weeks to ensure the island has access to vital supplies in the event of a Chinese blockade
Taiwan's announcement of new military drills signals a proactive stance in preparing for potential disruptions to access from China, which may escalate tensions in the region.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) is said to be accelerating advanced packaging expansion in Taiwan and US
India is to relax market access for European-standard medical devices
Taiwan will carry out new drills in coming weeks to ensure the island has access to vital supplies in the event of a Chinese blockade
PBoC is expected to set USD/CNY mid-point at 6.8395 (prev. 6.8654)
US Southern Command says five narco terrorists were eliminated in strikes carried out on two vessels in the Eastern Pacific on Saturday
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This could have significant implications for risk assets and safe havens, as any perceived threat may drive investors towards traditional safe havens like gold or the Japanese yen. Market participants should monitor developments closely, as heightened geopolitical risk can lead to volatility in regional equities and currency pairs.
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