March 9, 2018 Gross Domestic Product (GDP) for the Jamaican economy grew by 1.1 per cent in the fourth quarter of 2017 when compared to the fourth quarter of 2016. According to The Statistical Institute of Jamaica, STATIN, the quarterly improvement in GDP was due mainly to “a 1.2 per cent growth in the Goods
April 09,2018 Ciboney Group Limited (CBNY) for the nine months ended February 28, 2018 reported Financial income for the period increased by 1151% to total $1,676 million up from the $134,000 reported for the comparable quarter in 2017. Financial income for the quarter amounted to $1.66 million, a gross increase of 5836% relative to the $28,000
April 9, 2018 Please click below to view today’s featured stock. Weekly Picks 09.04.18 DTL The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of
April 9, 2018 United States: Powell, Williams See More Gradual Fed Hikes Despite Trade Uproar Federal Reserve Chairman Jerome Powell backed further gradual interest-rate increases amid strong U.S. economic momentum, in remarks that avoided the turbulent U.S. stock market and sought to steer clear of the simmering U.S.-China trade dispute. “We will continue to aim
April 6, 2018 Sagicor Bank Jamaica Limited (SBJ) has advised that Mr. Philip W. Armstrong tendered his resignation from the Board effective March 31, 2018.
April 6, 2018 Seprod Limited (SEP) has advised that Mr. Patrick A. Scott was appointed to the Board of Directors effective April 4, 2018.
April 6, 2018 United States: U.S. Needs China More Than China Needs the U.S. Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so,
April 5, 2018 Victoria Mutual Investments Limited (VMIL) has advised that VMIL recently raised J$1B by way of an exempt distribution arranged by Victoria Mutual Wealth Management Limited and that the terms of the bond include a fixed rate of .75% for two years, variable thereafter with a total tenure of five (5) years. The offer
April 5, 2018 According to a recent release by Eurostat, the statistical office of the European Union, the volume of retail trade increased by 0.1% in the euro area (EA19) and by 0.2% in the EU28 for the month of February 2018, after falling by 0.3% in the euro area (EA19) for the previous month.
April 5, 2018 Untied States: U.S. Leaves Door Open to China Talks Amid Trade-War Fears The Trump administration indicated it’s willing to negotiate with China on escalating frictions between the world’s two biggest economies, helping to ease fears among investors of a tit-for-tat trade conflict. U.S. Commerce Secretary Wilbur Ross said China’s response isn’t expected
