PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Delta Electronics (2308 TT) debuted an embodied AI dual-arm cobot solution integrated with NVIDIA’s platform for complex, multi-step assembly work

TAIWAN China Steel (2002 TT) - Co. July pretax profit fell 55% M/M to TWD 655mln, while operating profit fell 84% M/M to TWD 241mln amid weaker Asian steel demand. (Taipei Times) Delta Electronics (2308 TT) - Co. debuted an embodied AI dual-arm cobot solution integrated with NVIDIA’s platform for complex, multi-step assembly work, including AI server production. (Taipei Times) Tech Nasdaq 100 declined on Thursday as US stocks were hit alongside a rebound in yields and after Walmart reported its slowest sales growth in six years, although South Korean tech giants attempt to rebound in Asia-Pac trade amid shareholder-return optimism. Other News Taiwan’s Cabinet approved the central government’s 2027 budget proposal, allocating TWD 1.1225tln to defence, equivalent to 3.01% of projected GDP. (Taipei Times) Taiwan’s weekday domestic travel subsidies are to become available on September 1. (Taipei Times) Data Recap Taiwan Export Orders Y/Y (Jul) 61.9% (prev. 59.4%). SINGAPORE Jardine Cycle & Carriage (JCNC SP) - Co. agreed to sell its Cycle & Carriage automotive distribution and retail operations in Singapore and Malaysia to Chandra Asri Pacific subsidiary CCHPL Holdings for an estimated base cash consideration of SGD 265mln. (Business Times)