PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: SATS (SATS SP) signed a memorandum of understanding with KLN Logistics to advance temperature-controlled and time-critical shipments

TAIWAN Automakers Taiwanese auto parts and accessory makers signed USD 147mln in business deals while participating in Automechanika Frankfurt over the weekend, according to the Ministry of Economic Affairs. (Taipei Times) Tech Nasdaq 100 underperformed during US trade as tech was hit by calls for a slowdown in AI development, which President Trump pushed back against, although futures see some slight reprieve overnight. Other News Inflation-adjusted wages in Taiwan’s industrial and service sectors continued to outpace consumer price growth in the first seven months of the year, with real aggregate earnings posting their strongest growth for the period in 11 years; average monthly regular wages adjusted for inflation rose 1.12% Y/Y to TWD 44,113. (Focus Taiwan) Cathay Financial Holding raised its forecast for Taiwan’s 2026 GDP growth to 11.6% from 10.1%, citing stronger-than-expected AI demand, robust exports and continued investment in AI infrastructure, while expecting growth to slow next year. (Taipei Times) SINGAPORE SATS (SATS SP) - Co. signed a memorandum of understanding with KLN Logistics to advance temperature-controlled and time-critical shipments, focusing on end-to-end handling solutions for sensitive cargo and expedited shipments across Asia, Europe and the Americas. (Business Times) Yangzijiang Shipbuilding (YZJ SP) - Co. reportedly won a contract from an undisclosed major liner company to build 12 ultra-large container ships, although the delivery schedule and contract value were not disclosed and the Co. has yet to confirm the order. (Business Times)