PRE-MARKET TAIWAN AND SINGAPORE NEWS: Nasdaq outperformed in US trade as lower yields supported technology stocks, although E-mini Nasdaq-100 futures are subdued overnight

TAIWAN Hermes Testing Solutions (7856 TT) - Co. expects revenue from thermal management modules to double next year as heat dissipation becomes increasingly critical for advanced and AI chips. (Taipei Times) Tech - Nasdaq outperformed in US trade as lower yields supported technology stocks, although E-mini Nasdaq-100 futures are subdued overnight. Data Recap Taiwan Industrial Production YY (Jul) 25.6% (Prev. 22.6%). Taiwan’s manufacturing climate index rose 2.48 points M/M to a more than four-year high of 101.09 as the global AI boom continued to drive orders for chips and related hardware, according to TIER. (Taipei Times) SINGAPORE Frencken Group (FRKN SP) - Co. requested an immediate trading halt pending the release of an announcement. (Business Times) Marco Polo Marine (MPM SP) - Co. Q3 (SGD) net rose 7% Y/Y to 15mln, rev. rose 13% Y/Y to 35.7mln. (Business Times) Penguin International (PBS SP) - Co. secured a contract with Singapore’s Ministry of Defence to build two landing craft for the Republic of Singapore Navy, its first naval shipbuilding programme as a prime contractor. (Business Times) Singapore Post (SPOST SP) - Co. Q1 (SGD) operating profit rose 55.2% Y/Y to 4.1mln, rev. fell 0.9% Y/Y to 93.4mln, while operating margin rose to 4.4% (prev. 2.8%). (Business Times)