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Phillip Capital Morning Note - 13 Jun 2019
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Publish date: Thu, 13 Jun 2019, 10:10 AM
Oil prices tumbled 4 per cent on Wednesday to their lowest settlements in nearly five months, weakened by another unexpected rise in US crude stockpiles and by a dimming outlook for global oil demand.
Hong Kong authorities were shutting government offices in the city's financial district for the rest of the week after a day of violence over an extradition bill that would allow people to be sent to mainland China for trial.
Salesforce.com, which makes America's dominant sales-tracking software, agreed to buy Tableau Software in an all-stock deal valued at US$15.3 billion that it said will help give customers more ways to analyze data.
JEP Holdings announced on Wednesday that its wholly-owned subsidiary JEP Industrades was served a letter of demand dated June 7 by the solicitors acting for Korean-domiciled company YG-1 Co for a sum of US$219,284.25.
Source: Business Times
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