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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) increased its Q2 employee bonuses by more than 50% Y/Y to TWD 36bln after posting record earnings for the period

StockNow breaking-news AI analysis

Taiwan and Singapore markets report key corporate updates, led by TSMC's 50% Q2 bonus surge following record earnings, along with significant Singapore infrastructure contracts and corporate restructuring announcements.

News detail

TAIWAN Tech Nasdaq 100 declined on Friday as stocks were pressured alongside higher yields following Fed Chair Warsh’s Jackson Hole speech, while futures are mildly lower to start the week. Silicon photonics and copackaged optics (CPO), technologies viewed as critical to meeting surging bandwidth demand from AI infrastructure, will be among the main themes at the Semicon Taiwan trade show opening on Wednesday. (Taipei Times) TSMC (2330 TT) - Co. increased its Q2 employee bonuses by more than 50% Y/Y to TWD 36bln after posting record earnings for the period. (Taipei Times) SINGAPORE Centurion Corporation (CENT SP) - Co. won an SGD 221.7mln bid to develop a 5,000-bed purpose-built worker accommodation facility at Lok Yang Way through a joint venture in which it will hold a 90% stake. (Business Times) ComfortDelGro (CD SP) - Co. and RATP Dev will operate and maintain all four lines of the Copenhagen metro system from September 2027 under a DKK 17bln, 12-year contract, with an option for a three-year extension. (Business Times) ESR-REIT (EREIT SP) - Co.'s manager CEO and executive director Adrian Chui will step down, with a search for his replacement underway. (Business Times) Frasers Property (FPL SP) - Co. invited holders of SGD 500mln of notes due February 2027 to tender some or all of their holdings for cash or new notes. (Business Times) Fu Yu Corporation (FUYU SP) - Co. applied to SGX to transfer its listing from the Mainboard to Catalist after its market capitalisation declined over the past three financial years. (Business Times)

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