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

Teco Electric & Machinery (1504 TT) - Co. signed a corporate power purchase agreement with a leading Taiwanese semiconductor company as it expands into the renewable energy trading market. (Taipei Times)

Winbond Electronics (2344 TT) - Co. plans to begin expanding its Kaohsiung fab next year to increase DRAM capacity as AI demand drives a memory-chip supercycle. (Taipei Times)

Tech – Nasdaq 100 finished marginally lower on Thursday and trades range-bound overnight.

• Taiwan CPI (Jul) Y/Y 2.5% vs. Exp. 2.5% (Prev. 2.6%).
• Taiwan Core CPI (Jul) Y/Y 2.4% vs. Exp. 2.3% (Prev. 2.5%).
• Taiwan PPI (Jul) Y/Y 16.9% (Prev. 15.5%).

Oversea-Chinese Banking Corporation (OCBC SP) - Co. Q2 (SGD) net rose 22% Y/Y to 2.22bln (exp. 1.91bln), dividend SGD 0.47/shr (prev. SGD 0.41/shr). (Straits Times)

United Overseas Bank (UOB SP) - Co. Q2 (SGD) net rose 10% Y/Y to 1.48bln (exp. 1.45bln), dividend SGD 0.88/shr (prev. SGD 0.85/shr). (Straits Times)