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Reparations arguments too weak and one-sided
By Michael A. Dingwall I found myself at a reparations forum held at Kingston College, Jamaica, on the 15th of April. I must say that my hopes of hearing better arguments in support of reparations were not realized. However, I…
Pareto Securities downgrades Royal Caribbean Cruises to Hold (RCL)
By Masoud Bidgoli From Mideast Times Royal Caribbean Cruises (NYSE:RCL) was downgraded by equities research analysts at Pareto Securities to a “hold” rating in a research note issued to investors on Tuesday, StockRatingsNetwork reports. Several other analysts have also recently…
Airmate sets a target of 5% to 10% growth in revenue
HOME APPLIANCES: Warmer weather than normal hurt heater sales last quarter, reducing revenue, but the company said the drop was in line with its expectations By Camaron Kao From Taipei Times Airmate (Cayman) International Co (艾美特), which makes electrical fans,…
Firebird Global Master Fund Holdings, Ltd. discloses its position in Galahad Metals
CAYMAN ISLANDS, Apr 14, 2014 (Canada NewsWire via COMTEX) — Firebird Global Master Fund Holdings, Ltd. (“FGMF Holdings”) announces that it acquired from Galahad Metals Inc. (nex:GAX) (the “Issuer”) a 15% convertible note in the principal amount of $400,000 (the…
WuXi PharmaTech Cayman : : Announces management appointments
SHANGHAI, April 15, 2014 /PRNewswire/ — WuXi PharmaTech (Cayman) Inc. (NYSE: WX), a leading pharmaceutical, biotechnology, and medical device R&D services company with operations in China and the United States, today announced that Dr. Steve Yang has joined the company…
Changes to the Exempted Limited Partnership Law
From Carey Olsen The Cayman Islands legislature has approved a major overhaul of the jurisdiction’s Exempted Limited Partnership Law (“ELP Law”). The ELP Law was first introduced in 1991 and has been periodically updated to meet the changing requirements of…
The Editor Speaks: Clean financial reports is the order of the day
Minister Marco Archer continues his impressive role as Government’s Financial Chief when he gave his report at last week’s Legislative Assembly Meeting in Cayman Brac. The Minister said the Progressives (PPM) is eliminating many of the obstacles, calling them ‘roadblocks’…
This is the location of tens of billions of dollars that won’t be declared to the IRS today
By Tim Fernholz From Quartz Today (Tue 15) is tax day in the United Sates, and most Americans pay their fair share without a peep. Some of the folks that aren’t playing ball keep their money in offshore accounts to…
Cayman Islands and Luxembourg funds: Options and considerations for managers
From Opalesque Opalesque Industry Update – The structure and domiciliation of a fund vehicle are integral to the set up of a fund from multiple perspectives. Tax, investment strategy, investor base, cost and speed of set up, regulatory environment, and…
$5.3M ‘Social Impact Bond’ Fund for Latin America launches
From Forbes Social Impact Bonds are coming to Latin America and the Caribbean Following the lead of the U.K. , the U.S., and other places, the Inter-American Development Bank (IADB), which provides development financing for Latin America and the Caribbean,…
