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Author: traderhub8   |   Latest post: Mon, 22 Jul 2019, 11:19 AM

 

Phillip Capital Morning Note - 11 Jun 2019

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US President Donald Trump renewed his threat on Monday to impose tariffs on Mexico as controversy erupted over what exactly is in the countries' new migration deal, which the Mexican government admitted would be reviewed in 45 days.

Oil prices fell more than 1 per cent on Monday as US-China trade tensions continued to threaten demand for crude and as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal.

Huawei's cyber security chief told the UK parliament Monday that the Chinese telecoms giant has been advised it was under no obligation to spy for Beijing if so asked by the Communist state

Catalist-listed Aoxin Q&M Dental Group, which was spun off from Q&M Dental Group and listed in April 2017, said on Monday that it is intending to enter into revised non-compete agreements to allow Q&M Singapore Group to participate in projects in the Northern PRC Region and the group to participate in projects in the Southern PRC Region.

APAC Realty, which operates the ERA brokerage brand here and across the Asia-Pacific, has invested S$1 million in proptech startup Dots Connected via a three-year convertible note that comes with no interest. A convertible note is a form of debt that comes with an option to be converted into equity.

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

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