Stocks in Asia looked set for a cautious start on Thursday after a rocky session on Wall Street that saw Treasury yields hit new all-time lows and declines in U.S. shares.

Futures on the S&P 500 Index were flat following a five-day retreat of 8% for the index as concern mounts that the spread of coronavirus into the world’s largest economy could curb growth. Microsoft Corp. fell in after-hours trading after saying the virus continues to impact its supply chain in China. The Australian dollar tumbled to a fresh 11-year low and shares in Sydney dipped at the open.

Halcyon Agri Corporation on Wednesday reported a net profit of US$17.4 million for the fourth quarter ended Dec 31, compared to a net loss of US$7.4 million a year ago. The rubber supplier noted that it had a one-off net gain of US$46.5 million in Q4 2019, as a US$53.3 million fair-value gain from its biological assets was offset by US$8.4 million in post-merger integration costs.

Wilmar International announced on Wednesday that its chief financial officer (CFO) Stephen Ho Kiam Kong will be retiring from full-time work on May 31, 2020, after eight years with the agribusiness group.

Property developer GSH Corporation on Wednesday posted a net loss of S$1.3 million for the fourth quarter ended Dec 31, compared to a net profit of S$0.53 million a year ago. This was largely due to an impairment loss of S$13.7 million from the write-down of its investment in an associated company.

Breadtalk Group has not received notice from its trustee to immediately repay its S$100 million notes due in 2023, following its technical breach of the relevant financial covenants, the food and beverage player said on Wednesday in response to queries from the Singapore Exchange Securities Trading (SGX-ST).

Catalist-listed ISEC Healthcare's net profit for the fourth quarter ended Dec 31, 2019 inched up 1 per cent to S$2.3 million from S$2.28 million a year ago, the company announced on Wednesday.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR