JFE Holdings, Inc. Sub. Loan: R&I; Assigns BBB+ (R&I; - Rating and Investment Information Inc)

Edit Public Technologies 15 Jun 2016
R&I; - Rating and Investment Information Inc) 6ee457e6-0c2e-471b-8bee-6c94df9c41d2.pdf ... Rating and Investment Information, Inc ... The rating is for a subordinated loan (the Loan) that will be borrowed by JFE Holdings, Inc ... For all tranches, the interest rate will step up by 1 percentage point from June 30, 2026 ... The rating for JFE therefore reflects the creditworthiness of the Group ... RATING ... ISSUER RATING ... RATING OUTLOOK ... RATING ... ISSUER RATING....

Insight - Fed faces battle to escape world's low interest rate grip

Edit Yahoo Daily News 15 Jun 2016
neutral rate of interest remains stalled near zero may slow Federal Reserve rate hikes even more than expected, tying the hands of policymakers until a rebound in global demand or other forces raise that key measure of the economy’s underlying strength ... With the Fed still trying to encourage spending, investment and hiring, a low neutral rate means the Fed has less room to move before that stimulus is gone....

CVWD board approves new domestic water rates (Coachella Valley Water District)

Edit Public Technologies 15 Jun 2016
The Coachella Valley Water District (CVWD) board of directors today approved domestic water rate increases and rate structure changes, the first rate increases for domestic water since 2010. The board approved the new rates after listening to more than two hours of comments at today's public hearing ... The board chose a plan with lower fixed rates that will not go into effect until October and will be reviewed before then....

Economically Active Population Survey in May 2016 (KOSTAT - Statistics Korea)

Edit Public Technologies 15 Jun 2016
The labor force participation rate stood at 63.3 percent in May, remaining the same year-on-year ... The unemployment rate marked 3.7 percent in May, 0.1%p down year-on-year ... Change rate. Change rate ... Change rate ... Female (Participation rate) ... (Participation rate). (Participation rate) ... Unemployment rate ... Unemployment rate ... Unemployment rate ... Middle school graduates & under (Unemployment rate). High school graduates (Unemployment rate)....

GST all set to be passed? ‘No deadline’, but NDA isolates Congress

Edit Yahoo Daily News 15 Jun 2016
Almost all states in the country — with the only notable exception of Tamil Nadu — on Tuesday lent their weight to the Centre’s determined bid to quickly usher in the goods and services tax (GST) by endorsing its model GST law and decried the Congress party's obdurate demand for capping the tax rate in the Constitution, leaving the main opposition party virtually isolated in the matter....

SJW Corp. Announces the California Public Utilities Commission's Decision on San Jose Water Company's 2016 General Rate Case (SJW Corporation)

Edit Public Technologies 15 Jun 2016
ANNOUNCES THE CALIFORNIA PUBLIC UTILITIES COMMISSION'S DECISION ON SAN JOSE WATER COMPANY'S 2016 GENERAL RATE CASE ... (NYSE.SJW) today announced that on June 9, 2016, the California Public Utilities Commission ("CPUC") issued its final decision on the 2016 general rate case for San Jose Water Company, SJW Corp.'s wholly owned subsidiary ... The 2016 rate increase became effective June 14th ... - Rate Case.pdf....

Growing housing loans drove the increase in total lending (National Reserve Bank of Tonga)

Edit Public Technologies 15 Jun 2016
Deposit rate (%) * ... Lending rate (%) * ... * Weighted Average calculated as a function of interest rate and volume of deposits and loans ... The growth in housing loans coincided with a 6.8 basis points decline in weighted average lending rate for housing loans over the month ... Interest Rate Spread ... As a result, the weighted average interest rate spread slightly narrowed over the month from 5.85% in January 2016 to 5.84% in February 2016....

NC Senate panel approves amendment to shrink income tax cap

Edit The Miami Herald 15 Jun 2016
North Carolina's Republican senators are trying to lower the state's cap on income tax despite warnings from the office of the state treasurer that the change could damage the state's coveted bond rating and limit its ability to rebound during economic downturn ... North Carolina holds an AAA bond rating — the highest possible — from all three major bond-rating agencies....

Add Banks to List of Kuroda’s Headaches as BOJ Decides Policy

Edit Bloomberg 15 Jun 2016
Japan’s biggest lender, Bank of Tokyo-Mitsubishi UFJ Ltd., has led the way in voicing concerns about the negative interest-rate regime introduced by Kuroda earlier this year ... Yet if his board decides to lower the key rate below the current minus 0.1 percent, as predicted by some economists, that would further squeeze interest income at banks that are facing a plunge in share prices and forecasting the lowest profit in five years....

Plea to keep tea under 5% GST slab

Edit The Times of India 15 Jun 2016
With the empowered group of states' finance ministers meeting in Kolkata from Tuesday to Wednesday on the Goods and Services Tax (GST) regime in presence of Union finance minister Arun Jaitley, Assam's tea industry representatives have appealed to the Centre to keep tea under the concessional rate of 5% GST slab ... of a special rate of GST on tea."....

Won Falls as Investors Sell Shares Before Fed Meets, Brexit Vote

Edit Bloomberg 15 Jun 2016
A measure of volatility in the exchange rate has surged this week to a four-month high, with a June 23 vote on whether the U.K ... While the Fed is seen holding interest rates this week, investors will be focused on officials’ comments for an indicator of when it will tighten policy, with those odds below 50 percent for all the remaining meetings for this year....

GST inches closer to reality as states unite

Edit The Times of India 15 Jun 2016
The implementation of the landmark Goods and Services Tax inched closer on Tuesday with states unanimously backing it and agreeing that the ceiling rate should not be prescribed in the Constitution Amendment Bill that is awaiting a Rajya Sabha nod ... Congress's insistence on prescribing the 18% rate has effectively stalled the bill, which requires a two-thirds majority that NDA lacks in the upper House....

Petroleum dealers' body wants lower VAT

Edit The Times of India 15 Jun 2016
However, in September, the government announced new rates of Rs 15,000 per kl of petrol and Rs 8,370 per kl of diesel or 22%, whichever is higher. The association has requested the CM to fix VAT on petrol at Rs 12,340 per kl, which is 25% of the basic rate, and Rs 8,234 per kl for diesel, which is 18% of the basic rate ... If the tax is lower, rates ......
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