StarHub Ltd., Singapore’s second-largest phone company, reports first-quarter earnings after the close of trading.
WHAT TO WATCH:
*CCM Group Ltd. (CCM SP) said it appointed Chong Chee Seng Chief Financial Officer. *Fortune Real Estate Investment Trust (FRT SP) said 1Q revenue rose 4.6% from a year earlier to HK$218.8M *Great Eastern Holdings Ltd. (GE SP) to release 1Q earnings after the market closes. *Hiap Seng Engineering Ltd. (HSE SP) said it won a contract from Lanxess Butyl to provide piping and mechanical works. *Neptune Orient Lines Ltd. (NOL SP) reported period 3 average revenue per FEU of $2,557. *Noble Group Ltd. (NOBL SP) said it entered into a strategic agreement with Korea Investment Corp. to invest in infrastructure assets. *R H Energy Ltd. (RHE SP) reported 1Q revenue of $9.7M. *StarHub Ltd. (STH SP) to release 1Q earnings after the market closes. *Tuan Sing Holdings Ltd. (TSH SP) said scrip dividend shares priced at S$0.345. *Wing Tai Holdings Ltd. (WINGT SP) reported 3Q net income of S$143.6M.
S&P 500 down 0.4% to 1,356.62 Stoxx Europe 600 down 0.5% to 282.43 MSCI Asia Pacific down 0.7% to 139.86 Straits Times Index down 0.8% to 3,153.57
Singapore politicians are campaigning ahead of May 7 elections. For meeting sites, see http://www.spf.gov.sg.
6:30 a.m.: Dartmouth College Economics Professor David Blanchflower 8:10 a.m.: Pengana Capital Management Portfolio Manager Tim Schroeders 8:40 a.m.: Author Rohan Gunaratna on the aftermath of Bin Laden killing 8:50 a.m.: Moody’s Senior Analyst Aninda Mitra 9:40 a.m.: AirAsia X CEO Azran Osman-Rani 9:50 a.m.: Ernst and Young Global Mining Sector Leader Mike Elliott 10:10 a.m.: Frost and Sullivan Director of Automotive and Transportation Vivek Vaidya 10:10 a.m.: Hacklabs CEO Chris Gatford