Asian stocks are poised for a firmer open Tuesday after a surge in technology stocks led U.S. gains. The Chinese yuan extended its decline following steps to curtail its rally. Futures indicated more modest gains in Japan, Australia and Hong Kong than on Wall Street where technology leaders including Amazon.com, Apple and Twitter fueled the rally. The S&P 500 extended gains into a fourth day and the Nasdaq 100 posted its biggest advance since April after surging as much as 4.1%. The yen advanced as the dollar put in a mixed performance against its Group-of-10 peers. The Treasury market was closed for a U.S. holiday. Elsewhere, oil slumped with workers in the U.S. Gulf heading back following Hurricane Delta’s landfall and Libya taking a major step toward reopening its biggest field.

Parkson Retail Asia's auditor has flagged the department store operator's ability to continue as a going concern, given that its total liabilities exceeded total assets by about S$66 million.

The total market turnover value of securities on the SGX rose 23 per cent from the preceding year in September to S$24.3 billion, while the securities daily average value climbed 18 per cent to S$1.11 billion. Securities average clearing fee for the quarter was 2.74 basis points, an increase from 2.60 basis points a year ago due to a greater spread of participation by different market segments.

Dual-listed construction and engineering group Civmec Limited on Monday announced that it has bagged multiple projects with a combined contract value totalling approximately A$175 million (S$171.3 million).

An AusGroup subsidiary has been awarded a five-year scaffold and insulation services contract with Esso (Thailand) Public Company, said AusGroup in a regulatory statement on Monday. This contract will see AusGroup Corporation become the scaffold and Insulation services contractor in support of Esso (Thailand)'s Sriracha Refinery in Laem Chabang, Thailand.

Malaysian glove maker Top Glove on Monday announced it is evaluating a dual primary listing on the Hong Kong bourse. The world's largest glove manufacturer is already listed in Singapore and Malaysia. Bloomberg earlier reported that the glove maker might raise more than US$1 billion from its listing in Hong Kong.

Sunmoon Food Company's shares tumbled on Monday after the mainboard-listed fruit and seafood distributor announced its parent had filed for bankruptcy in China more than two months ago. The board also flagged a going concern issue in view of the parent's reorganisation, and said SunMoon might raise funds from investors.

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