Business

Finance and Planning Minister Dr Peter Phillips has assured investors that the Government will not be pursuing a policy of high interest rates.He also announced Wednesday that there will be expenditure cuts in a supplementary budget he will be tabling...

A last-ditch attempt by attorneys for jailed financier R. Allen Stanford to postpone his trial was unsuccessful. Stanford goes on trial next week. Jury selection is set for Monday, with testimony expected to last at least a month...

Prime Minister Portia Simpson Miller on Wednesday signalled a new push by the Government for jobs aimed at putting tens of thousands of Jamaicans back to work. It relies on a nationalistic private sector buying into the plan....

A hedge fund co-founder, a hedge fund portfolio manager, four financial analysts and a Dell Inc employee teamed up in a record-setting insider trading scheme that netted more than US$61.8 million in illegal profits based on trades of a single stock...

LIME launched the iPhone 4S Experience at its lifestyle store at Half-Way Tree Road, Kingston, on Friday, January 13.

Theatre company Stages Productions Limited has moved into premium space on Knutsford Boulevard in New Kingston, under a 10-year lease.Stages CEO Bunny Allen said he spent close to J$10 million - financed from a mix of...

World markets brushed aside fears that Greece may be heading for a devastating debt default and rallied Tuesday after Chinese growth figures eased concerns of an abrupt slowdown in the world's second-largest economy. With Europe sliding back toward...

Jamaica's umbrella credit union group has partnered with First Global Bank (FGB) on a Visa-branded credit card service for credit union members. Jamaica Cooperative Credit Union League (JCCUL) comprise 43 members but credit unions...

Even in the midst of reduced confidence in the local economy and Government of Jamaica debt, a eurozone on the brink of recession, and a cooling off of emerging markets, analysts are still optimistic about investment opportunities...

Canada's central bank left its key interest rate unchanged on Tuesday as a slowing global economy weighs on growth in Canada.The Bank of Canada, which held its benchmark rate at 1.0 per cent, said it expects the recession in Europe to be deeper...

It is said in the Bible that life and death are in the power of the tongue.This idea can be taken literally. For instance, we've all heard stories of persons who have been stabbed or shot to death because they 'dissed' someone else...

Citigroup's loan portfolio improved late last year, partly because Americans were better about paying down credit card debt. But choppy financial markets hurt its investment banking profits, and the bank missed Wall Street expectations.