U.S. equity futures opened higher Monday and Asian stocks looked poised to gain amid positive sentiment on trade in the region and after a national U.S. lockdown was ruled out.

Shares kicked off the week firmer in Australia. Asia Pacific nations including China, Japan and South Korea on Sunday signed the world’s largest regional free-trade agreement. Meanwhile, advisers to President-elect Joe Biden said they opposed a nationwide U.S. lockdown despite the pandemic accelerating, favoring targeted local measures instead. Oil advanced.

Eagle Hospitality Trust (EHT) will probably not have income available for distribution for the year to Dec 31, the manager has said.Given factors such as the trust's loans and liquidity, as well as master lessees' inability to make rental payments.

An agreement between Keppel Corp associate Floatel International and its bondholders has been extended by another two weeks, as talks with creditors continue. Floatel's forbearance and deferral agreement with an ad-hoc committee of first-lien bondholders was most recently pushed from Nov 15 to Nov 30, according to an update on Saturday.

Genting Singapore continues to experience weak demand at its Resorts World Sentosa (RWS) property, even after the property reopened from July 1 amid the deadly Covid-19 pandemic. Genting released its third-quarter business update on Saturday, showing a 65.7 per cent slide in net profit for the three months to Sept 30..

Securities Investors Association (Singapore), or Sias, said that it is ready to work with all investors to support Hyflux preference shares and perpetual securities (P&P) holders, after a new rescue offer for the beleaguered water treatment company. American fund manager Strategic Growth Investments (SGI) - Hyflux's fourth and most recent suitor - has proposed to buy and privatise Hyflux with an investment of some S$208 million in cash.

Cinema and events businesses. mm2 posted a net loss of S$22.4 million for the half-year to Sept 30, against a net profit of S$9.18 million in the year-ago period, according to unaudited results out on Saturday.

British Prime Minister Boris Johnson is self-isolating after coming into contact with someone who tested positive for Covid-19, a fresh setback after infighting among his top advisers plunged Downing Street into chaos last week.

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