April 27, 2018 NCB Financial Group (NCBJ) for the six months ended March 31, 2018 reported Net Interest Income increased by 8.66%, relative to the corresponding period in 2017, to total $15.91 billion (2017: $14.64 billion). The Company noted this was “driven by the consolidation of our newest subsidiary, Clarien Group Limited (CGL).” For the quarter,
April 27, 2018 United States: U.S. Growth Cools to 2.3% as Gains in Consumer Spending Ease U.S. economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business investment cushioned some of the weakness. Gross domestic product, the value of all goods and services produced in the
April 26,2018 Caribbean Cement Company Limited (CCC) for the three months ended march 31, 2018 reported total revenue for the three months ended March 31, 2018 grew by 6% amounting to $4.34 billion, up from $4.09 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) for the period amounted to $605.96
April 26, 2018 United States: Fed at Odds With Itself as It Eases Bank Rules and Raises Rates Federal Reserve policy makers seem to be working at cross purposes. In laying out plans to ease some constraints imposed on banks after the financial crisis, the Fed is moving to free up tens of billions of
April 25, 2018 United States: Powell’s Policy Gambit Bets Job Market Stays Hot, Inflation Not Federal Reserve officials are sounding increasingly confident they can run the U.S. economy hot without a harmful rise of inflation, a risky gamble for Chairman Jerome Powell with unemployment low, price pressures edging higher and fiscal stimulus about to goose
April 24, 2018 United States: Bonds Steady as Dollar Rally Cools; Stocks Mixed: Markets Wrap The rise in U.S. Treasury yields appeared to stall on Tuesday, with the benchmark rate trading sideways after a selloff this week took it to within a whisker of 3 percent. Stocks in Europe struggled for traction following gains for
April 23, 2018 United States: America Is Going Even Deeper Into Debt How much debt can the U.S. government afford? Nobody knows for sure, but it’s pushing the envelope like never before -- or at least more than it has since World War II. In its latest Global Fiscal Monitor report, the International Monetary Fund
April 20,2018 Please click below to view March 2018's Economic Review. Monthly Economic Review - March 2018 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
April 20,2018 United States: U.S. Stocks Decline on Tech Woes, Treasuries Slide: Markets Wrap U.S. stocks fell for the first time in four days as technology shares came under pressure from trade and earnings concerns. Treasuries hit the lowest since February amid a wave of selling across European sovereign debt and inflation. The S&P 500
