PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Earnings from OCBC and UOB

Singapore's big three banks report in a tight cluster each quarter and are read as a set: net interest margin trajectory, wealth and fee income, and Greater China credit costs tend to matter more than the headline net number, and beats of this size from two of the three have historically set the tone for DBS and the wider STI financials weighting. The raised dividends follow the established pattern of Singapore banks using capital return to offset margin compression as regional rate cycles turn, and payout commentary is typically the swing factor in the share reaction rather than the profit print itself. On the Taiwan side, fab expansion tied to AI-driven memory demand is consistent with prior memory upcycles, where capacity announcements from second-tier DRAM makers have tended to mark the mid-to-late innings of the pricing cycle rather than its start, a distinction the peer set usually trades on. Taiwan CPI landing on consensus with core marginally firm leaves the central bank's cautious stance intact; the elevated PPI is the line to watch as a pipeline signal rather than an immediate policy trigger. Follow-ons are the remaining bank print, margin and credit-cost detail in the briefings, and any corroborating capex signals from the memory complex.