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Author: traderhub8   |   Latest post: Wed, 18 Sep 2019, 9:14 AM

 

Phillip Capital Morning Note - 12/4/2019

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WASHINGTON four Senate Republicans were on record on Thursday as opposing Donald Trump's planned choice of former pizza executive Herman Cain to join the US Federal Reserve, essentially scuppering his confirmation before the president officially nominates him.

NEW YORK Wall Street stocks finished a quiet session mostly lower Thursday as investors looked ahead to bank results that will kick off first-quarter earnings season.

HYFLUX will restart talks with its creditors to explore outcomes other than liquidation, but has not decided yet on whether it will seek an extended debt moratorium from the Singapore High Court.

MAINBOARD-LISTED BM Mobility has given its group financial controller the boot, not long after his controversial appointment to the post.

CapitaLand Mall Trust names Teo Swee Lian as new chairman.

The Singapore High Court has ordered Oriental Group to be wound up, the Catalist-listed steel trader said after market close on Thursday.

Ace Achieve Infocom given S$600,000 lifeline by Rayhii Holding Limited

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

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