PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: MediaTek launches new AI data centre, OCBC beats top-line estimates
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TaiwanMediaTek (2454 TT) - Co. launched a new artificial intelligence data centre with a maximum capacity of 45 megawatts to meet rising demand for computing power required to develop advanced chips for AI applications. (Taipei Times)Novatek Microelectronics (3034 TT) - Co. expects Q2 rev. to rise up to 23% Q/Q to between TWD 27.5-28.5bln, driven by pull-in orders amid surging key component prices. (Taipei Times)Other Taiwanese News:Taiwan is reportedly finalising a 25-year US LNG deal valued at USD 15bln with Cheniere Energy (LNG)SingaporeFrasers Property (FPL SP) – H1 2026 (SGD): Net income 88.4mln, -37.8% Y/Y; Revenue 1.51bln, -5.2% Y/Y. (Frasers Property)OCBC (O39 SP) – Q1 2026 (SGD): Net income 1.97bln (exp. 1.88bln), Revenue 3.83bln (exp. 3.72bln), affirms FY26 guidance. (OCBC)
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