June 6, 2018 United States: Fed Hikes Augur Well for the World, South Africa's Kganyago Says The Federal Reserve tightening monetary policy is a sign that the U.S. economy is doing well, and that’s positive for the rest of the world, South African central bank Governor Lesetja Kganyago said. The Fed has communicated its monetary-policy
June 05, 2018 The International Monetary Fund (IMF) hosted the Central Bank Communication seminar today. This seminar was based on recently released Regional Economic Outlook (REO) for the Western Hemisphere region, which was presented by Etibar Jafarov, IMF’s Senior Economist for the Western Hemisphere. Mr. Jafarov explained that a Country’s Central Bank credibility reflected by
June 5, 2018 United States: These Shiny Economic Numbers May Be a Mirage Friday was another strong day for U.S. economic data, with the unemployment rate falling to a new generational low. But hidden in another dataset from Friday, the widely followed Institute for Supply Management manufacturing report, is some evidence that economic bottlenecks may
June 4, 2018 United States: Stocks Extend Gain on Growth Outlook; Dollar Drops: Markets Wrap U.S. equity futures and European stocks advanced on Monday, tracking peers in Asia as optimism over the world’s largest economy helped investors put protectionist fears to one side. Treasuries were steady, the dollar fell, and the pound and euro rose.
June 01, 2018 Government Operations Results for April 2018 For the period of April 2018, the GOJ reported Total Revenues & Grants of $41.41 billion, $553.30 million more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 20.6% relative to the $34.35 billion recorded for the corresponding period in 2017.
June 1, 2018 United States: Fed’s Brainard Says Gradual Rate Hikes Remain ‘Appropriate Path’ A strong fiscal boost to the U.S. economy at a time of low unemployment suggests a gradual pace of interest-rate increases remains “the appropriate path” to prevent growth from overheating, Federal Reserve Governor Lael Brainard said. “Continued gradual increases in the
May 31, 2018 Lasco Manufacturing Limited (LASM) for the year ended March 31, 2108, Total revenue decreased by 4% from $6.95 billion in 2017 to $6.66 billion in 2018. Revenue declined 10% for the fourth quarter to a total of $1.38 billion, relative to the $1.53 billion recorded for the comparable period in 2017. Cost of
May 31, 2018 Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the year ended March 31, 2018 ended reported interest income of $28.49 million, an 18% or $4.34 million increase when compared with the $24.15 million reported for the same period in 2017. Total interest income for the quarter
May 31, 2018 United States: Treasury Volatility Reawakens With Biggest Jump Since 2016 Italian politics just did what a correction in U.S. equities and a breach of 3 percent on the U.S. 10-year yield could not: knocked the Treasury market out of its slumber. Rates volatility has re-emerged, with Merrill Lynch’s MOVE Index surging by
May 31, 2018 JMMB Group Limited (JMMBGL) for the year ended March 31, 2018 recorded net interest income of $7.74 billion, a 14% or $972.83 million increase when compared with $6.77 billion recorded for the corresponding period in 2017. Interest income for the year increase 8% to close at $15.88 billion, relative to $14.71 billion
