Stocks looked set to for a mixed start to the week as investors mulled a slowdown in new coronavirus cases and readied for the start of earnings season. Oil futures swung after a historic deal to cut output.

U.S. equity futures declined in early Asia trading and Japanese contracts retreated. Many markets remained closed for holidays. The euro steadied after France, Germany, Italy and Spain reported a slowdown in new cases. Canada’s dollar opened higher after OPEC+ agreed to cut 9.7 million barrels a day from global crude output -- just below the initial plan of 10 million. The yen ticked higher.

A China unit of mainboard-listed property developer GuocoLand will sell Guoman Hotel in Shanghai and 256 of its underground carpark spaces for 1.44 billion yuan (S$290.7 million) in cash.  The net book value of the real estate is about 509.5 million yuan as at March 31, and GuocoLand is expected to record a net gain of S$90.6 million.

CHINA Haida's request for more time to release its FY2019 results has been rejected by the Singapore Exchange (SGX); the aluminium panel maker now has up to April 15 to do so.

Top Glove Corp, the world's biggest maker of medical gloves, plans to start producing face masks to meet rising demand from the coronavirus outbreak, a top executive told Reuters. The Malaysian company, which makes one out of every five gloves in the world, will have a facility ready in two months with a production capacity of 110 million masks a year.

BROADWAY Industrial Group's independent auditor has raised doubts about the group's ability to continue as a going concern. However, RSM Chio Lim's audit opinion remains unqualified, the mainboard-listed precision manufacturing group said on Sunday in a regulatory filing.

DATAPULSE Technology gave an update on Saturday on the operations of its hotel Travelodge Myeongdong City Hall in Seoul. The property was formerly known as Hotel Aropa. "The novel coronavirus (Covid-19) outbreak is continuing to have a significant adverse impact on the hospitality industry in South Korea, with both international and domestic travel restrictions and flight suspensions affecting hotel occupancy levels. The group’s results for the financial year ending July 31, 2020 will be adversely impacted as a result of, among other things, the very low occupancy of Travelodge Myeongdong City Hall," Datapulse said in its regulatory filing with the Singapore Exchange.

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