PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Institute of Economic Research raised its 2026 GDP growth forecast to 12.34% (prev. 10.38% in July)
ORIGINAL · NewsquawkPRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Institute of Economic Research raised its 2026 GDP growth forecast to 12.34% (prev. 10.38% in July)Read originalHide original
TAIWAN Msscorps (6830 TT) - Co. Q3 (TWD) net profit rose from 30.53mln Y/Y to 85.4mln (prev. 18.6mln Q/Q), supported by strong demand for AI-related semiconductor materials and failure analysis services. (Taipei Times) Qisda (2352 TT) - Co. Q3 (TWD) net profit rose 118% Y/Y to 548.27mln, rev. rose 8.05% Y/Y to 56.76bln, EPS 0.35 (prev. 0.15 Y/Y), gross margin 17.29% (prev. 16.89% Y/Y). (Taipei Times) Tech Nasdaq 100 rallied alongside other US indices on Monday, rebounding from the recent sell-off, although NVIDIA shares declined after CEO Jensen Huang admitted to an affair amid allegations involving a suspected Chinese intelligence operative, prompting an independent board investigation. Other News Taiwan Institute of Economic Research raised its 2026 GDP growth forecast to 12.34% (prev. 10.38% in July), citing robust AI hardware demand supporting exports and investment. (Focus Taiwan) Data Recap Taiwan Trade Balance (Oct) 27.88bln vs. Exp. 25.60bln (Prev. 23.63bln) Taiwan Exports (Oct Y/Y) 58.9% vs. Exp. 50.0% (Prev. 60.9%) Taiwan Imports (Oct Y/Y) 75.1% vs. Exp. 54.5% (Prev. 51.7%) SINGAPORE NetLink NBN Trust (NETLINK SP) - Co. appointed former ST Engineering and Singtel executive Low Ka Hoe as CEO-designate effective November 10, succeeding Tong Yew Heng as CEO and joining the board as executive director on April 1, 2027. (Business Times) Venture Corporation (VMS SP) - Co. Q3 (SGD) net profit rose 21.9% Y/Y to 67.8mln, rev. rose 26% Y/Y to 790.4mln, supported by higher production volumes and market share gains across test and measurement, networking and communications, and semiconductor-related equipment businesses. (Business Times)
The brief reports a higher Taiwan growth forecast and strong October trade figures, quarterly company results in Taiwan and Singapore, and a planned NetLink CEO succession.
News detail
TAIWAN Msscorps (6830 TT) - Co. Q3 (TWD) net profit rose from 30.53mln Y/Y to 85.4mln (prev. 18.6mln Q/Q), supported by strong demand for AI-related semiconductor materials and failure analysis services. (Taipei Times) Qisda (2352 TT) - Co. Q3 (TWD) net profit rose 118% Y/Y to 548.27mln, rev. rose 8.05% Y/Y to 56.76bln, EPS 0.35 (prev. 0.15 Y/Y), gross margin 17.29% (prev. 16.89% Y/Y). (Taipei Times) Tech Nasdaq 100 rallied alongside other US indices on Monday, rebounding from the recent sell-off, although NVIDIA shares declined after CEO Jensen Huang admitted to an affair amid allegations involving a suspected Chinese intelligence operative, prompting an independent board investigation. Other News Taiwan Institute of Economic Research raised its 2026 GDP growth forecast to 12.34% (prev. 10.38% in July), citing robust AI hardware demand supporting exports and investment. (Focus Taiwan) Data Recap Taiwan Trade Balance (Oct) 27.88bln vs. Exp. 25.60bln (Prev. 23.63bln) Taiwan Exports (Oct Y/Y) 58.9% vs. Exp. 50.0% (Prev. 60.9%) Taiwan Imports (Oct Y/Y) 75.1% vs. Exp. 54.5% (Prev. 51.7%) SINGAPORE NetLink NBN Trust (NETLINK SP) - Co. appointed former ST Engineering and Singtel executive Low Ka Hoe as CEO-designate effective November 10, succeeding Tong Yew Heng as CEO and joining the board as executive director on April 1, 2027. (Business Times) Venture Corporation (VMS SP) - Co. Q3 (SGD) net profit rose 21.9% Y/Y to 67.8mln, rev. rose 26% Y/Y to 790.4mln, supported by higher production volumes and market share gains across test and measurement, networking and communications, and semiconductor-related equipment businesses. (Business Times)
Related stocks
1 stocks
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.