PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nanya Technology (2408 TT) board approved a plan to sell up to 400mln shares via a private placement
TAIWAN
Nanya Technology (2408 TT) - Co. board approved a plan to sell up to 400mln shares via a private placement. (Newswires)
Geopolitical - De facto US embassy in Taiwan said a US Congressional delegation is visiting Taiwan this week. (Newswires)
SINGAPORE
CapitaLand Investment (CLI SP) - Co. announced application to launch inaugural onshore REIT in China with CNY 2.8bln of assets. (Newswires)
Olam (OLAM SP) - Co. is to sell remaining stake in Arise P&L for USD 175mln. (Newswires)
Singapore Exchange (SGX SP) - Co. Q1 FX futures volume rose 45% Y/Y to hit a new record high of USD 1.2tln. (Newswires)
Singapore Post (SPOST SP) - Co. will pay Alibaba (9988 HK) SGD 36.9mln for their 34% stake in QSI. (Newswires)
Other News - Singapore’s PM said US and China tariffs will see trade between them grind to a halt and pain will be felt everywhere, while the Deputy PM said cannot rule out possibility of a Singapore recession this year and noted that US tariffs including likely ones on semiconductors and pharma are causing significant uncertainty and downside risks for the global economy. (Newswires)
17 Apr 2025 - 01:35- ForexGeopolitical- Source: Newswires
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