Asian stocks looked set for modest losses Monday as investors mulled worldwide coronavirus cases that continue to mount. Futures pointed to declines in Tokyo, Hong Kong and Sydney. U.S. contracts were little changed, with markets due to reopen after a holiday.

CAPITALAND on Monday said it expects the group's total profit after tax and minority interests (PATMI) for the six months ended June 30, 2020 to be "materially and adversely" impacted, based on preliminary estimates.

FITCH Ratings has revised Indonesian coal miner Geo Energy Resources' long-term issuer default rating to "CC" from "C". It also changed the rating on the outstanding senior unsecured guaranteed notes of the company's subsidiary, Geo Coal International, back to "CC".

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