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Lunar New Year stalls fetch record prices at auction

... above the reserve price and after 13 bids, RTHK reported. It’s the second straight year for the same bidder to win the biggest food stall. “The price has gone beyond our expectation, and we already pl ...More

EJ Insight2014-11-03

Alibaba registers 'Double 11' as trademark before mega Nov event

...  and will reserve the right to pursue legal action," Alibaba said. Tmall's president Wang Yulei said at a recent media briefing that a record 27,000 retailers will participate in this year's Double 11 ...More

EJ Insight2014-10-30

Fed ends bond-buying program, citing labor market gains

The US Federal Reserve said on Wednesday that it is ending its monthly bond purchase program as an improvement in the labor market points to continued economic recovery. "On balance, a range of labor ...More

EJ Insight2014-10-30

US rate hike seen having little impact on emerging markets

The US Federal Reserve is expected to raise interest rates by the end of 2015, but such a move is unlikely to have a huge impact on emerging markets, a fund expert said. People are afraid that a Fed r ...More

EJ Insight2014-10-24

Fed likely to raise its key rate mid-2015: ClearBridge

The US Federal Reserve is expected to raise its key interest rate by 25 basis points by the middle of 2015, according to a seasoned portfolio manager at ClearBridge Investments, an affiliate of Legg M ...More

EJ Insight2014-10-17

Global stocks take a beating amid Ebola fears

... S Federal Reserve might raise interest rates. "There's concern about an absence of aggregate demand in the world, and that's really what's weakening the market. The big fear out right now is we're not ...More

EJ Insight2014-10-16

HK may not immediately follow US rate move in 2015: report

Hong Kong could delay a rate hike even after the US Federal Reserve's expected increase in borrowing costs next year, according to a Hang Seng Bank research report. At a policy meeting last month, the ...More

EJ Insight2014-10-15

Tiger freed by Putin sparks search in China

... or of the reserve. Forestry officers have been sent to remove any traps and set up cameras. They have ben told to notify local farmers about the tiger's presence. Chen said food should not be a proble ...More

EJ Insight2014-10-10

John Tsang to keep global central bankers posted on Hong Kong

... S Federal Reserve chairwoman Janet Yellen and other finance officials, Tsang wrote on his blog. He will try to help other countries understand where Hong Kong stands to avoid unnecessary misunderstand ...More

EJ Insight2014-10-06

Protesters urged to make way for emergency vehicles

...  scene to reserve passage for emergency vehicles. -- Contact us at [email protected] JZ/JP/CG ...More

EJ Insight2014-09-30

US consumer spending rises, but housing still weak

... e Federal Reserve will raise interest rates next year to keep inflation in check, although Monday's data gave little sign of growing price pressures, according to the news agency. The Fed's preferred ...More

EJ Insight2014-09-30

Fed must weigh wage pressure in setting rate policy, says Fisher

The United States Federal Reserve mustn’t “fall behind the curve” as it weighs when to start raising interest rates, Dallas Fed president Richard Fisher said, citing strengthening US growth and buildi ...More

EJ Insight2014-09-29

Key report warns record debt, slow growth point to crisis

... s Federal Reserve begins to raise interest rates within a year. The report was commissioned by the International Centre for Monetary and Banking Studies and written by a panel of senior economists inc ...More

EJ Insight2014-09-29

RMB set to unseat dollar as top reserve currency?

The world is getting impatient with the US dollar’s dominance in the global markets. Countries from China to Russia and Europe have been questioning its super reserve currency status. Even the Europea ...More

EJ Insight2014-09-26

Hong Kong tops the world in office building prices

... s Federal Reserve ends its ultra low interest rate policy, he said. Hong Kong will have a deficit of three million sq. ft. of office space by 2020, equivalent to three office towers of Two IFC. The fo ...More

EJ Insight2014-09-25

Liberty Reserve ex-tech chief pleads guilty in fraud case

The former head of technology for Liberty Reserve, which created an alternative digital currency that was allegedly used in money-laundering activities, pleaded guilty to criminal charges in a US cour ...More

EJ Insight2014-09-25

Fed to end QE in October but rates to stay near zero

The Federal Reserve plans to end a six-year-old bond-buying program in October but stopped short of saying when it will allow interest rates to rise, according to the Wall Street Journal.    The Unite ...More

EJ Insight2014-09-18

PBOC injects 500 bln yuan into five largest banks

... ut to the reserve ratio for the whole banking system, according to market analysts. The move has been confirmed by several financial institutions including Guotai Junan Securities and Guosen Securitie ...More

EJ Insight2014-09-17

US alarmed by prospects of Scottish independence

Senior US figures, including former Federal Reserve chairman Alan Greenspan, warned that a "yes" vote for independence would be an economic mistake for Scotland and a geopolitical disaster for the Wes ...More

EJ Insight2014-09-16

Europe takes the QE baton

... S Federal Reserve to be so close to the end of its quantitative easing, even as the ECB takes the baton to add €1 trillion to the world’s liquidity. And meanwhile, Japan just keeps plugging away. Firs ...More

EJ Insight2014-09-11

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