Stocks in Asia Pacific were set to trade lower on Monday as tensions between the U.S. and China continue to weigh on investor sentiment. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,170 while its counterpart in Osaka was at 23,140. That compared against the Nikkei 225′s last close at 23,289.36.

Cromwell European Real Estate Investment Trust (Cromwell E-Reit) posted a distribution per unit (DPU) of 1.74 euro cents for the half year to June, 14.7 per cent lower than a year ago.

Eagle Hospitality Trust (EHT) has posted a loss of US$38.9 million for the second quarter ended June 30, mainly due to the impairment loss on trade receivables arising from the uncertainty on the master lessees' ability to make rental payments and fulfil its obligations. As a result, there is no income available for distribution for unitholders. The managers of Eagle Hospitality Trust (EHT) said an unauthorised application was made under the US Paycheck Protection Program (PPP) on behalf of the Queen Mary's master lessor, and that certain master lessees had not paid some taxes.

Weak ridership during the pandemic dragged transport operator ComfortDelGro into the red for the half-year ended June 30, 2020. The group chalked up a net loss of S$6 million against a net profit of S$146.3 million a year ago.

CRUDE palm oil (CPO) producer Golden-Agri Resources (GAR) is banking on a rally in palm oil prices to boost its financial performance in the second half of the year. CPO prices are up about 40 per cent since May 4.

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