U.S.: Fed Minutes May Show Battle Lines Hardening Over Soft Inflation Federal Reserve watchers may get a better feel Wednesday for how many policy makers remain resolved to raise interest rates again this year, and how many are wavering amid a five-month stretch of soft inflation reports. Economists and investors are also keen for more
General Accident Insurance Company Limited (GENAC) For the six months ended June 30, 2017: GENAC reported net premium written of $673.34 million, 15% more than the $585.29 million reported for 2016. This was as a result of a 4% increase in gross premium written to $4.55 billion (2016: $4.37 billion), while reinsurance ceded increased by 3%
Key Insurance Company Limited (KEY) for the six months ended June 30, 2017 reported a 46% growth in net premiums written from $285.15 million to $415.45 million as a result of a 36% increase in gross premium written which closed the period at $660.71 million (2016: $486.74 million). Reinsurance ceded for the period also increased
Asia: China's July new loans fall to 825.5 bln yuan, but higher than f'cast Chinese banks extended 825.5 billion yuan ($123.7 billion) in net new yuan loans in July, above analysts' expectations. Analysts polled by Reuters had predicted new yuan loans of 800 billion yuan, down sharply from 1.54 trillion yuan in June. Broad M2
PANJAM Investment Limited (PJAM) for six months ended June 30, 2017 reported an 8% increase in total income from $880.69 million relative to $948.37 million booked for the prior year’s corresponding period. For the quarter total income declined 11% to $446.82 million (2016: $499.43 million). The year to date growth was due mainly to a 20%
Seprod Limited For the Six Months Months as at June 30, 2017: Revenue totalled $8.37 billion compared to the $7.6 billion recorded for the same period of the prior financial year; this represents a 10% increase year over year. Revenue for the quarter totalled $4.11 billion a 5% increase relative to $3.92 billion the prior
Kingston Wharves Limited for the six months ended June 30, 2017 booked revenue of $2.94 billion, a 19% increase when compared to $2.47 billion for the same period last year, while revenue for the second quarter grew 22% to $1.55 billion (2016: $1.27 billion). This as both the company’s ‘Terminal Operations’ and ‘Logistics & Ancillary
JMMB Group Limited (JMMBGL) for the three months ended June 30, 2017 booked net interest income of $1.91 billion compared to $1.55 billion in 2016, an increase of 24%. This as interest income grew by 9% to close at $3.96 billion, from the $3.62 billion booked in 2016, while interest expenses fell 1% to total
ISP Finance Services Limited (ISP) Results for the Six Months ended June 30, 2017: Total Interest Income for the period increased by 30% to $135.79 million compared to $104.40 million for the same period last year. For the quarter the company reported total interest income of $70.26 million relative to (2016: $51.98 million). Interest expenses
Kingston Properties Limited (KPREIT) For the Six Months ended June 30, 2017: Kingston Properties Limited reported Rental Income of $101.08 million, 59% more than the $63.73 million reported for 2016. Property management fee of $5.97 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 and
