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Phillip Capital Morning Note

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Publish date: Thu, 18 Oct 2018, 01:09 PM
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Trader news and research articles

Federal Reserve officials remain convinced that continuing to gradually increase interest rates is the best formula to preserve a steady economy, according to minutes released Wednesday of the central bank's most recent policy meeting.

U.S. Commerce Secretary Wilbur Ross said Wednesday that U.S.-China trade talks are on hiatus.

The Urban Redevelopment Authority announced that the average size of new private flats outside the central area will have to be at least 85 sq m, with nine areas subject to an even more stringent minimum average requirement of 100 sq m.

The arrest of a senior executive at Lippo Group has thrown into doubt the future of its major development project – Meikarta - which is the Group’s only ongoing project.

Apple began allowing users in the U.S. to download a copy of all data they have stored with the company from a single online portal.

Tesla has signed an agreement with the Shanghai government for an 860,000-square metre plot of land to build its first overseas Gigafactory.

Total has signed a deal with Indian conglomerate Adani Group to re-enter the South Asian nation's liquefied natural gas (LNG) market and build 1,500 retail service stations over the coming decade.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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