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Guyana oil wealth should benefit population

World Bank chief economist for Latin America and the Caribbean, William Maloney, has urged Guyana to ensure that its new-found oil wealth benefits the entire population.

United statesIrfaan aliAndrew holnessWilliam maloneyWorld bankSovereign welfare fundLatin americaRegional economic reportPrime minister andrew holness

Jamaica set to record two per cent growth this year - World Bank

Jamaica set to record two per cent growth this year - World Bank
jamaica-gleaner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaica-gleaner.com Daily Mail and Mail on Sunday newspapers.

United statesAndrew holnessWilliam maloneyWorld bankSovereign welfare fundLatin americaPrime minister andrew holnessRegional economic report

BoJ Regional Report: Mixed economic recovery and varied wage hike plans

BoJ's latest Regional Economic Report noted that all nine regions have experienced an uptick in their economies, albeit with variations in pace and extent. This improvement is happening despite challenges posed by the global economic slowdown and domestic price increases. The report categorizes the regional economies as either picking up, recovering moderately, or steadily improving.

Regional economic report

Dollar Softens as Market Anticipates US Inflation Data, Assessing Rate Cut Prospects

Dollar saw notable decline against most major currencies, maintaining its softer tone in the Asian trading session today, with the exception of its performance against Yen. This selloff amidst a backdrop of improving risk sentiment, reflected by the uptick in major US stock indexes. Investors' attention is now squarely focused on the forthcoming release of US inflation data for December, which is poised to significantly influence market expectations and monetary policy forecasts.

New zealandHong kongUnited kingdomNew yorkUnited statesJohn williamsCanadian dollarBritish poundNew zealand dollarsChina shanghaiSingapore strait timesYork fed president john williamsPablo hernandez de cosRegional economic reportYield curve controlJobless claims

Dollar Gains Post-US CPI, But Momentum Subdued

The financial markets' initial reactions to stronger than expected US CPI readings are relatively subdued. While there was an immediate response with Dollar and yields rising, and stock futures dipping, these movements lacked significant follow-through. The exception in the currency markets was USD/JPY, which broke through last week's high. However, this move is attributed to a combination of Dollar's strength and Yen's ongoing weakness. The restrained market response suggests that traders and investors may require more time to reassess their views on Fed's path toward policy loosening and adjust their market positions accordingly.

United kingdomNew zealandHong kongBritish poundJapanese yenAustralian dollarNew zealand dollarChina shanghaiSingapore strait timesRegional economic reportYield curve controlJobless claims