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Phillip Capital Morning Note

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Publish date: Wed, 13 Jun 2018, 10:57 AM
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Trader news and research articles

The Federal Reserve will end its two-day meeting on Wednesday U.S. hours and is widely expected to announce a rate hike.

U.S. President Donald Trump made a stunning concession to North Korean leader Kim Jong Un on Tuesday about halting military exercises, pulling a surprise at a summit that baffled allies, military officials and lawmakers.

AT&T Inc won court approval on Tuesday to buy Time Warner Inc for $85 billion.

Tesla Inc is cutting several thousand jobs across the company as it seeks to reduce costs and become profitable without endangering the critical production ramp-up for its Model 3 sedan.

British American Tobacco plc (BAT) said the rapid growth of tobacco-heating products in Japan has slowed.

AstreaIV's S$121 million retail offering of Class A-1 private equity bonds closed 7.4 times subscribed at noon on Tuesday, with nearly S$890 million in valid applications received.

Frasers Property said that its Frasers Hospitality business has opened Fraser Place Binhai Tianjin - its second property in Tianjin.

Deliveroo will allow restaurants to use their own riders for orders placed through its takeaway food app, in a move which will boost the number of available outlets by 50 percent.

Sembcorp Marine has secured its first polar expedition cruise ship design contract. The contract signed between SembMarine's subsidiary, LMG Marin and Croatia's Brodosplit Shipyard, is for the design of a ship to be built for Quark Expeditions.

Source: SGXMasnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR

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