May 08,2018 United States: Trump to discuss trade with China's Xi as talks continue U.S. President Donald Trump said he will discuss trade with Chinese President Xi Jinping on Tuesday, as both sides continue talks after failing to reach a consensus at talks in Beijing last week. Trump announced the planned telephone call in a
May 07,2018 United States: U.S. protectionism may lead to rising global trade friction China’s commerce ministry said on Monday U.S. unilateralism and protectionism may lead to an escalation of global trade friction and could derail the pace of global economic recovery. China does not deliberately pursue a trade surplus, the Ministry of Commerce said in
May 04,2018 United States: U.S.-China Trade Talks End With Key Differences Still Unresolved Two days of U.S.-China trade discussions ended in Beijing with an agreement to keep on talking, and little else. China’s official Xinhua News Agency reported Friday afternoon that both sides reached a consensus on some trade issues while acknowledging major disagreements on
May 03,2018 United States: A Rare Treasury Yield-Curve Trade Emerges After Fed Decision The Federal Reserve’s interest-rate decision sparked a move in the U.S. yield curve that’s been virtually absent of late. The spread between 5- and 30-year yields widened after the announcement to 33.6 basis points, the highest since April 27. Curve steepening is
May 02, 2018 United States: The U.S. Economy Has Hit a Milestone With the calendar’s turn from April to May, the U.S. economic expansion has become the nation’s second-longest on record. That milestone was reached as the Federal Reserve prepared to begin a two-day meeting in Washington on Tuesday. After a slow-but-steady slog over the
May 01,2018 For the period of April 2017 to March 2018, the GOJ reported Total Revenues & Grants of $560.84 billion, $7.27 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 12.2% relative to the $499.88 billion recorded for the corresponding period in 2017. ‘Tax Revenue’ and ‘Capital
May 01,2018 United States: The U.S. Just Borrowed $488 Billion, a Record High for the First Quarter U.S. Treasury Secretary Steven Mnuchin said he’s unconcerned about the bond market’s ability to absorb rising government debt after his department said it borrowed a record amount for the first quarter. “It’s a very large, robust market --
April 30, 2018 Caribbean Cream Ltd. (KREMI) for year ended February 28, 2018, reported a 13% increase in revenue totalling $1.37 billion compared to $1.21 billion in the corresponding period last year. Revenue for the fourth quarter rose 16% to close at $381.04 million compared to $327.92 million for the comparable quarter of 2017. Costs
April 30,2018 United States: Fed Far From Ready to Declare Mission Accomplished on Inflation The Federal Reserve is closing in on its elusive 2 percent inflation target but that doesn’t mean policy makers are ready to pronounce mission accomplished. The central bank’s preferred measure of inflation probably clocked in at that level last month after
April-27, 2018 NCB Financial Group Limited (NCBFG) held their second quarter Investors Briefing today, at the NCB Wellness and Recreation Centre. Opening remarks were made by Group CFO and Deputy CEO, Dennis Cohen, where he highlighted the financial performance of the group. He indicated not only did NCB report their best six months net profit
