Asian stocks looked set to start the week with gains after Friday’s U.S. jobs report smashed expectations and bolstered hope of a quick economic rebound. Futures pointed higher in Japan and Hong Kong. Australia has a holiday. U.S. index futures climbed in early Asia trading, while the dollar traded mixed against its Group-of-10 peers after sliding Friday. After the jobs data, the S&P 500 Index closed 2.6% higher and posted a third weekly advance, leaving the gauge up more than 40% from its March low. Benchmark Treasury yields rose to an 11-week high.

Meanwhile, China’s trade surplus surged to a record in May as exports fell less than expected, helped by an increase in medical-related sales. Elsewhere, oil looks to extend gains after rising for six straight weeks, as OPEC agreed to a one-month extension of its record oil-production cuts.

Singtel associate Airtel staging comeback, raising funds, adding users. Months after billionaire Mukesh Ambani's upstart Indian wireless carrier swept into the No 1 spot, a trounced rival is mounting a comeback. Bharti Airtel is the best performer on India's stocks benchmark this year, jumping 26 per cent and reaching a record on May 19, amid optimism the carrier will continue to attract bigger-spending users. The stock surged on Thursday after Reuters reported Amazon.com was in early talks to buy a stake of at least US$2 billion. It ended the week with a 5.8 per cent advance.

Ascott Residence Trust (ART) on Monday said it will be included in the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index) from June 22.The index series is an international real estate investment index developed by FTSE Group in cooperation with the European Public Real Estate Association (EPRA) and the National Association of Real Estate Investment Trusts (Nareit).

Hutchinson Port Holdings Trust (HPHT) on Sunday said the declining trend of its distributions to unitholders was due to the repayment of debt, amid the "extremely challenging" global and macroeconomic events. In response to the Securities Investors Association (Singapore)'s question on HPHT's long-term performance amid falling DPU and unit price, the container port business trust listed in Singapore said it has in place a prudent financial policy to manage debt level and finance costs.

ST Engineering on Sunday announced that the recent ransomware attack on its US-based subsidiary is an "isolated" attack that has since been contained. "At this point, the ongoing investigation indicates that the threat has been contained, and is believed to be isolated to a limited part of ST Engineering’s commercial operations in the US," said the group in a statement. On Friday, VT San Antonio Aerospace Inc, which provides maintenance, repair and overhaul services to aircraft, announced that a criminal group known as Maze had gained unauthorised access to its network and deployed a ransomware attack.

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