Cayman Island News

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Ghana’s Oil and the Strain of World Bank Financing Conditionalities
The World Bank in 2009 approved a loan to a total of US$535 million to support three main credit facilities.
Princess Cruises Reveals 2011-12 Panama Canal Season
Line’s Unique Two-Day Canal Experience Offers Extra Time in Panama
Garmin® nüvi® Gets Personal at a Low Price, Bringing nüRoute Technology to Entry-Level Devices
OLATHE, Kan.--(BUSINESS WIRE)--Garmin's new nüvi 2200 and nüvi 2300 families feature multi-stop route planning, route previews and innovative nüRoute technology with trafficTrends™ and myTrends™.
US$4m Anguilla storm relief
AN INITIAL US$4 million (EC$10.73m) payout will be made to Anguilla by the Caribbean Catastrophe Risk Insurance Facility (CCRIF) as a result of Tropical Cyclone Earl, which passed close to that island and others in the northeastern Caribbean as a major hurricane last Monday.
Yangzijiang Shipbuilding sells Taiwan stock at top end of range
Yangzijiang Shipbuilding Holdings, the first Chinese-owned company to sell shares in Taiwan, priced its stock at the top end of its range, underscoring warming ties between the economies. China’s fourth-biggest shipbuilder will raise $153 million by selling 240 million Taiwan depositary receipts at NT$18.80 each ($0.80), the company said in a Singapore stock exchange filing. Each receipt ...
Yangzijiang Shipbuilding Sells Taiwan Stock at Top End of Range
Yangzijiang Shipbuilding Holdings Ltd., the first Chinese-owned company to sell shares in Taiwan, priced its stock at the top end of its range, underscoring warming ties between the economies.
More cruise ships knocked off course by Hurricane Earl
The 'powerful' Category 4 storm already has forced nearly a dozen ships to change course.
Taiwan blocks investment firm's plan to buy AIG's local unit
Taipei - Taiwan regulators on Tuesday turned down a 2.2-billion-US-dollar plan by Cayman Islands-based Primus Financial Holdings to buy a unit of American International Group (AIG).
Primus' AIG purchase rejected
TAIPEI, Taiwan (AP) - TAIWANESE regulators on Tuesday rejected Primus Financial Holdings' planned purchase of AIG's Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China. American International Group Inc announced the sale of the Taipei-based Nan Shan Life Insurance Co in Oct 2009 to an investor group led by Primus Financial Holdings ...
Taiwan rejects Primus purchase of AIG unit
Taiwanese regulators on Tuesday rejected Primus Financial Holdings' planned purchase of AIG's Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.

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