PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: China Steel Corp (2002 TT) said pre-tax profit rose 179% M/M to TWD 1.35bln, Nasdaq Comp underperformed in the US amid weakness is Alphabet and communications stocks; Emini Nasdaq 100 pulled back from near 31k

TAIWAN

China Steel Corp (2002 TT) - Co. said pre-tax profit rose 179% M/M to TWD 1.35bln last month as global steel prices rose due to production cuts in China and disruptions from the Iran war. (Taipei Times)

Gaming - Taiwan’s game software industry generated TWD 71bln in revenue in 2025, up 48.7% from five years earlier, driven by growing demand for digital entertainment and the stay-at-home economy, according to the Ministry of Finance. (Focus Taiwan)

Tech/Communications - Nasdaq Comp underperformed in the US on Monday amid weakness in communications stocks, and the Nasdaq 100 failed to sustain initial gains to finish with mild losses, while Emini Nasdaq 100 futures pulled back after stalling just shy of the 31,000 level.

Other News

UBS raised its forecast for Taiwan’s 2026 GDP growth to 9.9% from its April estimate of 8%. (Focus Taiwan)

SINGAPORE

OCBC (OCBC SP) - Co. is boosting hiring for its Indonesia wealth business as assets rise. (Straits Times)