PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Foxconn October revenue rises 46% Y/Y; OCBC beats net income estimates

China Steel Corp (2002 TT) - Co. announces domestic steel price increases for December amid rising overseas prices, robust orders and TWD depreciation. Says raw material costs remain elevated, with iron ore at c. USD 90/tonne and metallurgical coal at c. USD 265/tonne. (Taipei Times)

Hon Hai Precision Industry (2317 TT) - October revenue rose 46% Y/Y to TWD 1.31tln. Smart Consumer Electronics showed strong growth, Computing Products and Components and Other Products demonstrated significant growth, while Cloud and Networking Products recorded slight decline. For Q4, AI-related operations are expected to continue growing. Together with the traditional peak season for ICT products in 2H26, this should support overall performance in line with current market expectations. (Hon Hai)

Macronix International (2337 TT) - Co. is cautiously evaluating capacity expansion amid a prolonged memory chip supply-driven upcycle expected to last through 2030, as strong AI server demand crowds out production of less-advanced NOR and NAND flash memory chips, tightening supply. (Taipei Times)

Realtek Semiconductor (2379 TT) - October 2026 (TWD): Revenue rose 32.1% Y/Y to 11.97bln (prev. 9.06bln). January-October revenue rose 17.2% Y/Y to 123.68bln (prev. 105.49bln). (Realtek)

• Micron Technology (MU) reportedly suspended plans for a memory chip plant in Taoyuan, Taiwan, amid a prolonged labour dispute and concerns over mounting uncertainties, including the risk of a local union agreement being overturned, according to Bloomberg citing sources. Construction has largely halted, with Taiwanese officials and a supplier reportedly informed.

• CPI (Oct YY) 2.33% (Prev. 2.73%)
• CPI (Oct MM) 0.20% (Prev. 0.17%)

OCBC (OCBC SP) - Q3 2026 (SGD): Net Income 2.04bln (exp. 2bln), NII 2.31bln (prev. 2.23bln Y/Y), Total Income 3.73bln (prev. 3.80bln Y/Y). FY26 guidance: NII to be flat to slightly lower, credit costs of 15-20bps, low-double-digit loan growth, total income growth of at least mid-single digits. Net profit was supported by higher fees and lower provisions, while the bank warned of continued uncertainty amid geopolitical tensions and inflation risks. (OCBC)

Singapore Post (SPOST SP) - H1 2026 (SGD): Net profit rose to 55.91mln (prev. 19.71mln Y/Y), supported by a one-off divestment gain and tax write-back, while revenue fell to 185.87mln (prev. 188.41mln Y/Y). Says operating conditions remain challenging and targets a reduction of over 10% in delivery costs across its logistics and letters businesses. (Singapore Post)

• Singapore's National Environment Agency says most government agencies will end haze mitigation measures on November 7 as air quality improves, including N95 mask distribution, designated air-conditioned shelters and restrictions for outdoor workers.
• Singapore's People's Action Party co-opts four additional members into its 39th Central Executive Committee to strengthen its future leadership pipeline, including Transport Minister Jeffrey Siow, Minister in the PM's Office Ng Chee Meng, Second Foreign Minister Sim Ann and Chan Hui Yuh.