January 24, 2025 Mexico's annual inflation rate slowed to its lowest level in nearly four years in the first half of January, according to official data released on Thursday. This price level is likely to encourage the central bank to continue reducing borrowing costs. In Latin America's second-largest economy, 12-month headline inflation was reported at
January 24, 2025 United States: Dollar Slides as Trump Softens China Tariff Stance The dollar dropped to a one-month low after President Donald Trump appeared to soften his approach toward tariffs on China. Stock futures fluctuated after the S&P 500 scaled a fresh peak. The president said in an interview with Fox News that
January 23, 2025 Fontana Limited (FTNA) has advised that the Company has signed an agreement to acquire the Monarch chain of pharmacies from Gerk Limited, potentially expanding its store footprint to 11 locations across Jamaica. The Company anticipates the closing of this transaction during the third quarter (January to March 2025) with operational changes
January 23, 2025 Innovative Energy Group Limited (ENERGY) has advised that at the Annual General Meeting of the Company held on Thursday, January 9, 2025, several resolutions were passed including: THAT The Company is approved to issue and admit further participating voting shares pursuant to Rule 403 being 850,000,000 Ordinary Shares on the Main Market
January 23, 2025 United States: US Jobless Claims Rise Slightly But Recurring Applications Surge First-time applications for US unemployment insurance edged higher, while the number of Americans on benefit rolls climbed to a more than three-year high. Initial claims increased by 6,000 to 223,000 in the week ended Jan. 18. The median forecast in
January 22, 2025 A.S. Bryden & Sons Holdings Limited (ASBH) has advised that the Board of Directors, at a meeting scheduled for January 29, 2025, will consider payment of a preference dividend. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
January 22, 2025 United States: US Mortgage Rates Drop to 7.02%, First Decline in Six Weeks US mortgage rates dropped for the first time in six weeks, helping keep a gauge of home-purchase applications at a one-year high. The contract rate on a 30-year mortgage declined 7 basis points to 7.02% in the week ended Jan.
January 21, 2025 Barita Investments Limited (BIL) has advised of the preliminary results of the votes cast by shareholders at its Extraordinary General Meeting which was held in-person on Monday, January 20, 2025, regarding the proposed court sanctioned composite Scheme of Arrangement for the Cornerstone Group which would result in Cornerstone Trust & Merchant
January 21, 2025 MFS Capital Partners Limited (MFS) has advised that its subsidiary, Micro-Financing Solutions Limited, has rebranded and will now operate as Monolith Financial Services Limited. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities
January 21, 2025 United States: US Bonds Rise as Tariff Respite for China Eases Inflation Fears Treasuries rallied as fears that Donald Trump’s policies will fuel inflation eased, after the US president refrained from imposing China-specific tariffs for now. The 10-year US yield fell as much as 10 basis points to 4.53% on Tuesday,
