PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TAIWAN Nanya Technology Corp. (2408 TT) - Co. said DRAM prices are expected to continue rising as the AI-driven demand surge sustains a global chip shortage into next year

TAIWANNanya Technology Corp. (2408 TT) - Co. said DRAM prices are expected to continue rising as the AI-driven demand surge sustains a global chip shortage into next year, despite recent declines in spot prices. (Taipei Times)SINGAPOREAcrophyte Hospitality Trust (XZL SP) - Co. auditors raised doubts over its ability to refinance a USD 198.5mln loan due in September, flagging material uncertainty about its ability to continue as a going concern. (Business Times)Koh Brothers Group Ltd. (KOH SP) - Co. rejected a shareholder proposal to distribute its stake in Oiltek International (OTEK SP), stating it is not in the group’s best interest, while shares rose 5.71%. (Business Times)Other NewsMonetary Authority of Singapore tightened its FX-based policy, as expected, in which it slightly raised the rate of appreciation of the SGD NEER policy band, while it made no change to the width and the level the band is centred. MAS said it is in an appropriate position to respond effectively to any risk in medium-term price stability, and it stands ready to curb excessive volatility in SGD NEER. Furthermore, it stated that  MAS Core inflation will pick up and remain elevated over the next few quarters, while it expects GDP growth to slow over the course of the year. (Newswires)