PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC's global pure-play wafer foundry market share reached a record 72.5% in Q2, up from 72.3% in Q1
TSMC achieved a record 72.5% wafer foundry share with higher Q2 sales, while DBS faces an estimated SGD 1.298bln 1MDB-related lawsuit which it vigorously contests without provisions.
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TAIWAN TSMC (2330 TT) - Co.’s global pure-play wafer foundry market share reached a record 72.5% in Q2, up from 72.3% in Q1, while Q2 sales rose 12.1% Q/Q to USD 40.20bln. (Focus Taiwan) Tech – Nasdaq 100 declined during Wall St trade as all major US indices retreated alongside higher yields and oil prices. SINGAPORE DBS Group (DBS SP) - Co. faces a lawsuit from liquidators of four companies linked to 1MDB recovery efforts seeking an estimated SGD 1.298bln in damages; DBS rejects the claim and says it will vigorously contest it, with no provision made at this stage. (Straits Times)
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