PRE-MARKET AUSTRALIAN, JAPANESE STOCK NEWS: South Korea is closed today due to a public holiday

AUSTRALIA       

Coca-Cola Amatil (CCL AT) – Co. is said to be offering its SPC unit directly to potential buyers from Asia. (Newswires)

Mesoblast (MSB AT) – Co.’s heart failure cell therapy for children was featured at the Regenerative Symposium for Congenital heart disease. (Newswires)

Nufarm (NUF AT) – Co. FY18 underlying profit AUD 98.4MLN VS. Exp. AUD 100.5mln, rev. rose 6% Y/Y to AUD 3.3bln, announces entitlement offer valued around AUD 300mln. (Newswires)

Southern Cross Media (SXL AT) – Co.’s Austereo unit is to outsource television playout services to NPC Media. (Newswires)

Banking names – ASIC has noted major banks are the worst offenders in reporting breaches. (The Australian)

COMMODITIES

Oil prices eased off highs with Brent now hovering around the USD 81.50/bbl level and WTI lost the USD 72.00/bbl following a surprise build in API crude inventories.

JAPAN

Softbank (9984 JT) – Company trading ex-dividend. (Newswires)

Takeda (4502 JT) – Co. to present poisitve data from ALUNBRIG (brigatinib) trial. (Newswires)

Daiichi Sankyo (4568 JT) – Co. initiates phase 3 trial of Trastuzumab for patients with HER2 positive metastatic breast cancer. (Newswires)

Santen (4536 JT) – Co. announces drug discover and development agreement with PeptiDream. (Newswires)

Nissan (7201 JT) – Japan Transport Ministry says Nissan is to submit report on the results of its check of whether there were additional cases of improper vehicle. (Newswires)

OTHER NEWS

– Japan and US are said to have reached a basic agreement on ways to promote trade. (Newswires)

– South Korean President Moon tells Japanese PM Abe that North Korean leader Kim is ready to talk with Japan. (Nikkei)

– Japan FSA are reportedly to probe regional banks’ investment in property loans. (Newswires)

SOUTH KOREA

Samsung Electronics (005930 KS) – Co. is expected to post record high profits of USD 15.4bln in Q3 due to firmer demands for memory chips; according market sources. (Yonhap)

(Newswires)