Cable Bahamas Limited (CAB) has advised of a delay in the submission of its fourth quarter unaudited financial statements. This delay is due to the recent change in the Company’s financial year and the estimated audit completion date. CAB has further advised that it intends to submit the financial statements no later than September 15,
Getting to the core of global inflation Stock markets have spent the year rising on bets of a resurgence in inflation, while central bankers trying to manage the global economy have spent the same time repeatedly reassuring everyone it's just around the corner. Policymakers gathering at an annual monetary retreat in Jackson Hole, Wyoming in
U.S.: U.S. jobless claims drop to near six-month low The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labour market that could encourage the Federal Reserve to lay out a plan to start unwinding its massive bond portfolio. Labour market strength
April – June 2017 For the review period of April to June 2017 the Bank of Jamaica (BOJ) indicated that the Bank will move forward with its accommodative monetary policy stance. This policy according to Governor Brian Wynter, reflects the run of very low inflation over the last fiscal year. The Bank further predicts that
Jamaican Teas Limited (JAMT) has advised of its delay in the submission of the third quarter accounts due to the inclusion of KIW International Limited accounts for the first time. It is expected that the financial statements will be submitted no later than August 17, 2017.
Berger Paints Jamaica Limited (BRG) has advised that Mr. Mustafa Turra tendered his resignation as General Manager effective August 15, 2017. BRG further advised that Mr. Andy Mahadeo will act as the company’s General Manager until a replacement is in place. Additionally, BRG has advised that concurrent with the indirect purchase of 51% of Berger
U.S.: Fed Minutes May Show Battle Lines Hardening Over Soft Inflation Federal Reserve watchers may get a better feel Wednesday for how many policy makers remain resolved to raise interest rates again this year, and how many are wavering amid a five-month stretch of soft inflation reports. Economists and investors are also keen for more