Bitcoin jumped to an 18-month high as investors cheered prospects that Facebook Inc.’s Libra token could push cryptocurrencies into the mainstream, Reuters reports. The world’s biggest cryptocurrency ...More
EJ Insight2019-06-27
Investors began 2019 cheering the global rally in risk assets that followed a dramatic late-2018 market plunge. The tough fourth quarter caused the US Federal Reserve to stop raising interest rates de ...More
EJ Insight2019-06-13
The European Central Bank continues to disproportionately inflate the debt bubble of the Eurozone, while the economic slowdown of the main European economies worsens. What was designed as a tool for g ...More
EJ Insight2019-05-31
We have been warning for months about the excessively optimistic expectations on a possible trade agreement between China and the US. The reality is that an agreement was not going to change the trend ...More
EJ Insight2019-05-14
Peak Tram, which ferries passengers from Central to the tourist attraction of Victoria Peak, has temporarily suspended its service to upgrade its capacity amid rising demand. The Transport Department ...More
EJ Insight2019-04-23
Markets are in a state of flux. Uncertainty emanates from both the real and the political economy, prompting a dovish pivot by central bankers seeking to stabilize markets and prevent declining busine ...More
EJ Insight2019-04-15
Stock markets posted decent rallies since late last year. The Shanghai Composite Index has soared 30 percent, making it the best-performing market. In the US, the S&P 500 is just 2 percent away fr ...More
EJ Insight2019-04-12
A mainland Chinese website conducted an interesting poll recently. It asked respondents for their opinion on which would happen first: the China national football team repeating its 2002 success of qu ...More
EJ Insight2019-04-12
Chinese online peer-to-peer (P2P) lending platform Dianrong, which is laying off staff and shutting stores, has blamed the government for its troubles, saying the absence of clear-cut policies is prov ...More
EJ Insight2019-03-19
The government has decided not to table a motion for the adjustment of tunnel toll rates at the Legislative Council after strong opposition from lawmakers. However, Secretary for Transport and Housing ...More
EJ Insight2019-01-23
With the winter flu season in full swing, doctors and nurses in government hospitals are having increased workloads as the public healthcare sector grapples with acute manpower shortage. Last Sunday, ...More
EJ Insight2019-01-22
Recent macro data from the leading economies point to a widespread slowdown. What is more concerning is not just a logical moderation in the path of growth, but acceleration in the weakening of econom ...More
EJ Insight2019-01-21
Equity markets witnessed a remarkable bounce over the last two weeks. In Hong Kong, the Hang Seng Index rallied 7 percent from the trough since Christmas Eve, while in the US the S&P 500 index gai ...More
EJ Insight2019-01-16
Since its peak in August, transaction price of residential units in Hong Kong has fallen 5-10 percent on average. The Centa-City Leading Index ended 2018 at 174.49, representing a 7.5 percent slide f ...More
EJ Insight2019-01-11
Shanghai and Shenzhen bourses slumped 25 percent and 34 percent respectively last year. Amid the equities slide, some brokerage houses and media have been suggesting that the People’s Bank of China (P ...More
EJ Insight2019-01-11
Financial markets have finally awoken to the fact that Donald Trump is US president. Given that the world has endured two years of reckless tweets and public statements by the world’s most powerful ma ...More
EJ Insight2018-12-31
The main reason why the European Central Bank's quantitative easing program has failed is that it started from a wrong diagnosis of the eurozone’s problem – that the European problem was a demand and ...More
EJ Insight2018-12-17
With the price of Bitcoin down 80 percent from its peak a year ago, and the larger cryptocurrency market in systemic collapse, has “peak crypto” already come and gone? Perhaps, but don’t expect to see ...More
EJ Insight2018-12-11
Sino Land has launched the first batch of 205 units of its Grand Central development in Kwun Tong at an average price of HK$17,388 per square foot. That represents a notable discount from second-hand ...More
EJ Insight2018-12-07
US Federal Reserve Chairman Jerome Powell said the central bank’s policy rate is now “just below” estimates of a level that neither brakes nor boosts a healthy US economy, comments that many investors ...More
EJ Insight2018-11-29
