Fed’s Bullard: Bernanke QE bombshell was poorly timed
From Moneynews St. Louis Federal Reserve Bank President James Bullard worried that the Fed’s decision earlier this week to announce a plan to reduce bond buying was poorly timed, the regional Fed bank said in a statement on Friday explaining…
S Sudan ‘will not go to war’ over oil dispute
From AlJazeera President Salva Kiir accuses his Sudanese counterpart of “mobilising for war” after Bashir threatened to cut oil flow. The government of President Kiir denies supporting fighters in the north, the reason given for the dispute [Reuters] South Sudanese…
UDC signs $428m loan deal with QN
From Construction Week Online United Development Company (UDC), the builder of the Pearl-Qatar development, has announced that it has signed a $428.5m (QR: 1.56bn) loan deal with Qatar National Bank. The company said that the money would be used to…
Kroll Bond Rating Agency assigns Long-Term and Financial Strength Ratings to Caledonian Bank Limited
NEW YORK — Kroll Bond Rating Agency (“KBRA”) has assigned a long-term rating of BBB- to the senior deposits of Caledonian Bank Limited (“Caledonian” or “the Bank”), a commercial banking subsidiary of Caledonian Global Financial Services Inc., headquartered in Grand…
The Bahamas needs new and innovative ideas
From Bahama Islands info NASSAU, The Bahamas — Prime Minister the Rt. Hon. Perry G. Christie said in the wake of the seismic economic and financial crisis that has gripped the world economy over the last several years, the country…
British Virgin Islands: Update on the Alternative Investment Fund Managers Directive
Article by Philip Graham, Marco a Martins, Ross Munro and Sean Scott, Harneys Harneys’ reaction to the Press Release from the European Securities and Markets Authority (ESMA) dated 30 May 2013 Introduction It has been announced that ESMA has approved…
Cayman Atlantic launches Twitter Trading
After setting up the world’s first “Twitter Hedge Fund” in 2011, Paul Hawtin is back launching Cayman Atlantic at the WIRED Money conference in London on Monday 1st July 2013. Cayman Atlantic is a world first investment management company that…
Conference “positions” Jamaica as next animation hub – World Bank
From Caribbean360 KINGSTON, Jamaica, Friday June 21, 2013 – The World Bank says a major two-day animation conference and festival in Jamaica is aimed at positioning the island as the next animation hub while promoting job opportunities for talented youths….
Home Loan Servicing Solutions announces pricing of public equity offering
GEORGE TOWN, Grand Cayman, Jun 20, 2013 (Menafn – GLOBE NEWSWIRE via COMTEX) –Home Loan Servicing Solutions, Ltd. HLSS announced today that it has priced a public offering of 13,000,000 of its ordinary shares at a public offering price of…
Rugby? What rugby? England captain Chris Robshaw escapes to a Caribbean beach
By CHRIS ROBSHAW, Daily Mail, UK Rugby is a game of inevitable bumps and bruises – and I experienced my fair share last season in my role as England captain. There was the enormous high of beating the world champions…
