Asia: China raises short- and medium- term interest rates after Fed China’s central bank nudged money market interest rates upward on Thursday just hours after the Federal Reserve raised the U.S. benchmark, as Beijing seeks to prevent destabilizing capital outflows without hurting economic growth. Economists were surprised by the move but said at just five
Margaritaville (Turks) Limited (MTL) has advised that its Annual General Meeting has been scheduled for 11:00 a.m. on January 9, 2018 at MTL’s Board Room, #16, M19 Southern Cross Boulevard, Freeport, Montego Bay.
Radio Jamaica Limited (RJR) has advised that at a Board of Directors’ meeting held November 30, 2017, the Hon Oliver F. Clarke, O.J. was elected as the new Chairman of RJR and the RJRGLEANER Communications Group effective December 11, 2017. Consequent on Mr. Clarke’s appointment as Chairman, the Board of Directors have elected Dr. Lawrence
Salada Foods Jamaica Limited (SALF) has advised that a connected party purchased 5,000 SALF shares on December 11, 2017.
Europe: German economy to grow by 2.6 pct in 2018 The German economy will expand by 2.6 percent next year, the Ifo institute said on Thursday in its updated forecast for Europe’s economic powerhouse, pointing to a broad upswing that is generating record-high employment and buoyant tax revenues. The surprisingly bullish projection - a hike
GraceKennedy Limited (GK) has advised that on December 11, 2017 the Privy Council handed down its judgement in the matter, Paymaster v GraceKennedy Remittance Services Limited & Paul Lowe, unanimously allowing GK’s appeal and dismissing Paymaster’s counter appeal. On the claim of breach of confidence, the Law Lords found that there was no information in
tTech Limited (TTECH) has advised that a Director purchased 20,455 TTECH shares on December 7, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a Senior Officer purchased 1,527,560 SJ shares and that a connected party and Senior Officer sold a total of 1,567,560 SJ shares. These transactions were conducted on December 11, 2017.
Mayberry Investments Limited (MIL) has advised that a connected party purchased 58,159 MIL shares on December 12, 2017.
Jamaica Public Service Company Limited (JPS9.5) has declared a dividend of US$0.2394520548 per share payable on December 29, 2017 to preference shareholders on record as at December 22, 2017. The ex-dividend date is December 21, 2017.
