February 09, 2018 United States: Central Banks Are Telling Markets It's Time to Grow Up It's time for markets to grow up. An important element in the current volatility tantrum is the return of inflation. Last Friday's U.S. payroll report kicked it off, and the struggle at this week's 10-year and 30-year U.S. Treasury auctions
February 8, 2018. Access Financial Services Limited (AFS) for the nine months ended December 31, 2017 reported total interest income of $1.04 billion, a 11% increase when compared with the $935.04 million reported for the same time period in 2016. Of this, Interest Income from Loans amounted to $1.03 billion (2016: $930.52 million) while Interest
February 08,2018 Jamaica’s Net International Reserves (NIR) totaled US$3,203.69 million as at January 2018, reflecting a decrease of US$4.93 million relative to the US$3,208.29 million reported as at the end of December 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$8.34 million to total US$3,789.51 million compared to
February 08,2018 Lasco Distributors Limited (LASD), for the nine months ended December 31, 2017 reported total revenue of $12.24 billion for the nine months ended December 2017, a 2% or $184.3 million increase when compared with the $12.06 billion reported for the same period in 2016. Total revenues for the quarter amounted to $3.89 billion reflecting
February 8,2018 United States: Shares fragile, U.S. budget deal puts bonds on defensive World stock markets remained on shaky ground on Thursday as U.S. bond yields crept back towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion. While the deal was a rare display
February 7,2018 Wisynco Group Limited (WISYNCO), for the six months ended December 31, 201, reported total revenue of $12.25 billion for the six months ended December 2017, a 16% or $1.67 billion increase when compared with the $10.59 billion reported for the same period in 2016. Total revenues for the quarter amounted to $6.14 billion reflecting
February 7,2018 United States: U.S. Stocks Sink Most Since 2011 as Rout Deepens: Markets Wrap U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied
February 06,2018 United States: U.S. Index Futures Fluctuate After Stock Slump as VIX Crosses 50 U.S. stock-index futures fluctuated after a rout that on Monday sent the Dow Jones Industrial Average to its worst-ever point plunge. E-mini futures on the S&P 500 Index expiring in March dropped 0.3 percent as of 7:36 a.m. in New
February 05,2018 United States: Bond Market's Debt-Ceiling Alarm Bell Is Ringing Loud and Clear In the $2 trillion Treasury-bill market, where the U.S. government turns for short-term funding, investors are showing they’re plenty nervous about the approaching deadline to raise the nation’s debt ceiling. With Treasury expected to exhaust its borrowing authority as early as
February 2, 2018. Ciboney Group Limited (CBNY) has advised that at their Board of Directors’ meeting held on February 1, 2018, the following Resolution was passed: “That a capital distribution of 34 cents ($0.34) per stock unit (less transfer tax) be paid on March 9, 2018 to all shareholders on record at the close of
