MUSCAT -- The oil and gas sector continues to play a predominant role in the overall economic performance of Oman accounting for over 50 per cent of nominal gross domestic product (GDP), almost 80 per cent of net fiscal revenue...
There were key developments this week providing added confirmation to my macro thesis. First of all, this morning's dismal payroll data (10.2% unemployment!) - after a year of unprecedented fiscal and monetary stimulus -...
Friday, November 06, 2009 SUSIE GHARIB: AIG posted today its second consecutive quarterly profit, but its shares tumbled almost 10 percent. JEFF YASTINE: And speaking of bailouts, when Uncle Sam bailed out AIG and the big banks...
The U.S. government guaranteed as much as $4.3 trillion in financial assets last year, making such backstops the biggest and riskiest part of Washington's response to the financial crisis, a bailout watchdog panel said on Friday.
However, my interpretation is that this represents a mixed short term sentiment picture. The assets in the leveraged bear funds are greater than the leveraged bull funds and this is bullish. But truth be told, the ratio is not...
LONDON, Nov 6 (Reuters) - F&C Asset Management's Sterling enhanced cash fund was the top performer among British-registered money market funds in October, data from Thomson Reuters fund research firm Lipper showed on Friday.
Subscriptions to the Scotia DBG Caribbean Income Fund opened in Jamaica Monday at US$3.31 per share, with a minimum required investment of US$5,000.The fund managers say current income yields fall between 6.5 per cent and 8.0...
DESPITE THE upheavals and uncertainty of the current economic recession, Jamaicans continue to live up to the reputation of being a resilient people. You need only look at the results of the most recent survey of consumer...
NEW YORK November 5, 2009 (AP) The Associated Press Post a Comment Total money market mutual fund assets fell by $31.26 billion to $3.339 trillion for the week, the Investment Company Institute said Thursday. Assets of the...
Harare — THE introduction of the multi-currency system has seen a reasonable increase in liquidity in the money market giving impetus for the revival of long-term debt capital. On the back of improved liquidity, analysts and...