PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: TSMC (2330 TT) reports earnings, Nasdaq 100 underperformed stateside and tech weakness clouds over Asia-Pac trade

TAIWAN

TSMC (2330 TT) – Co. is scheduled to report its earnings after today's market close in Taiwan. (Newswires)

Taiwan Power Co. - Co. said it would support plans by local governments to establish AI data centre zones near power plants in northern Taiwan. (Taipei Times)

Tech – Nasdaq 100 pared initial gains and finished the day in the red, while tech selling persisted overnight and has dragged the Nikkei 225 and KOSPI lower.

SINGAPORE

CapitaLand Ascendas REIT (CLAR SG) - Co. agreed to sell a data centre in Singapore for SGD 200.4mln. (Newswires)

DBS Group Holdings (DBS SP) - Co. aims to grow wealth management assets under management to more than SGD 1tln by 2030 and plans to hire over 600 advisers and engineers, mainly across its core Asian markets. (Nikkei)