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Big banks land uppercut on internet finance

... r Federal Reserve chairman Alan Greenspan has weighed in. Greenspan says Alibaba is using the difference between the interbank and market rates to create yield for the public, which is good thing for ...More

EJ Insight2014-05-02

Containing competitive monetary easing

... ding huge reserves. If net spillovers do not determine internationally acceptable policy, multilateral institutions cannot claim that QEE contravenes the rules of the game, regardless of how much inst ...More

EJ Insight2014-05-02

In self-defense of a jailed former rogue trader

... g Federal Reserve Notes to protect his reputation and job. He continued trading in the hope of recovering the loss. Instead, the losses snowballed -- all the while nobody noticed the irregularities. I ...More

EJ Insight2014-04-29

The Big Picture: RENMINBI TO APPRECIATE

Alan Greenspan is no longer the US Federal Reserve chairman, but his views on the global economy are still highly valued and much sought after.  In an interview with the financial news website Sina.co ...More

EJ Insight2014-04-28

Reserve nips bamboo harvest in bud for mating pandas

The Wolong National Nature Reserve in Sichuan province has launched patrols to stop farmers harvesting bamboo shoots, the main food source for wild pandas during mating season, China Daily reported Fr ...More

EJ Insight2014-04-25

China walks an economic tightrope

... uction of reserve requirement ratio for rural lenders -- are all aimed at preventing the economy from sliding further. In the first quarter, China's GDP grew only 7.4 percent, hitting a five-year low. ...More

EJ Insight2014-04-23

The Big Picture: RURAL BANK RRR CUT

China's central bank has announced a cut in the reserve requirement ratio (RRR) for some rural lenders in a move aimed at supporting the agricultural sector and the overall economy. County-level rural ...More

EJ Insight2014-04-23

PBoC to cut rural bank reserve requirement from Friday

China's central bank said Tuesday that it will cut the reserve requirement ratio (RRR) for county-level rural commercial banks 2 percentage points starting Friday.   County-level rural cooperatives wi ...More

EJ Insight2014-04-22

HKEJ Today: Highlights

...  lenders' reserve requirement ratio in the first quarter next year to boost the economy. POLITICS June 4 history museum targets at mainland visitors, Lee says Interview: The June 4 history museum to b ...More

EJ Insight2014-04-18

HKMA sees persistent fund outflow risk from US tapering

Fund outflows from Hong Hong and emerging markets could continue as the United States Federal Reserve winds down quantitative easing (QE) and begins to shift from ultra low interest rates, Norman Chan ...More

EJ Insight2014-04-17

China signals more support for rural projects

... ing their reserve requirement ratios, and have all remote areas covered by basic financial services. The State Council also acknowledged that ensuring employment is vital for keeping economic growth s ...More

EJ Insight2014-04-17

Yellen says US economy still far from closing in on Fed goals

Federal Reserve Chairwoman Janet Yellen said the US must be mindful of how short the Fed is of its goals of full employment and price stability, Bloomberg News reported. "The larger the shortfall of e ...More

EJ Insight2014-04-17

Asia's hidden economic woes, and why China can't help

Asia’s growth is slowing. Global liquidity is becoming less ample as the US Federal Reserve tapers its quantitative easing program, while China’s economic expansion, on which regional growth has becom ...More

EJ Insight2014-04-17

HKEJ Today: Highlights

... d cut the reserve requirement ratio if the economy shows no improvement in the second quarter. -- Contact us at [email protected] VW/CH/SK   ...More

EJ Insight2014-04-17

WTO throws book at China over rare earths curbs

... e Western Reserve University School of Law said in January while testifying before the US Congressional-Executive Commission on China. “Presumably,” he said, this was “to postpone revising the offendi ...More

EJ Insight2014-04-15

China has no urgent need for bank reserve ratio cut

... lower the reserve requirement ratio (RRR) for commercial lenders in a bid to unleash more liquidity and resolve the funding problems of companies. I personally believe there is no urgent need to slash ...More

EJ Insight2014-04-11

US stocks rally on Fed minutes

Wall Street rebounded with the three major indexes reporting increases of over 1 percent overnight, as rate hike concerns eased following the release of the minutes of last month's US Federal Reserve ...More

EJ Insight2014-04-10

How internet is making life easier for car dealers and buyers

... online to reserve a car and lock in the discount. Afterwards, the customer can head straight to the dealer's outlet to test-drive and complete the transaction. Some motorists have already praised the ...More

EJ Insight2014-04-08

Yu'E Bao -- Why bigger can't be better

... o deposit reserve regulations. Internet finance products should be required to comply with reserve and capital thresholds to better protect investors, Pogson said. “People get into a sort of herd ment ...More

EJ Insight2014-04-07

WEEKENDER: Leaders hard on graft, soft on economy

... e deposit reserve ratio. It falls in line with an upbeat note struck by Li at last week’s meeting. He said: “We have the capability, confidence and conditions needed to keep economic growth within a r ...More

EJ Insight2014-04-04

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