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Why the Fed is in need of sweeping reform

... nk of New York – one of 12 regional banks in the Fed System which also has a board of governors in Washington, D.C. This regional structure is the result of legislative compromise in 1913 when the Fed ...More

EJ Insight2014-12-01

Experts: Climate deal no short-term fix for global warming

... o the New York Times. For the next two weeks, thousands of diplomats from around the globe will gather in the desert metropolis of Lima, Peru, to draft an agreement intended to stop the global rise of ...More

EJ Insight2014-12-01

How to save the hottest show in town

... o the New York Times. “When I step back and think about what will get people off a couch, in a car, down the road and into a theater, the answer is not postage stamp-sized screens and old seats,” said ...More

EJ Insight2014-12-01

Pro-Assad hackers attack top news websites

... d the New York Daily News, Bloomberg reported Friday, citing the companies’ websites and Twitter accounts. The Syrian Electronic Army, which backs President, Bashar al-Assad, has in the past targeted ...More

EJ Insight2014-11-28

Concerns grow over pilot close calls with drones

... ng to New York's LaGuardia Airport on Sept. 30 "almost hit" a drone near the Verrazano–Narrows Bridge, a pilot told the FAA.  The FAA should move more quickly to draft regulations governing drone flig ...More

EJ Insight2014-11-27

HSBC, Goldman accused of rigging metal prices for years

Goldman Sachs Group Inc. and HSBC Holdings Plc conspired for eight years to manipulate platinum and palladium prices, according to a class-action lawsuit filed in New York. Standard Bank Group Ltd. an ...More

EJ Insight2014-11-27

Liaison Office has exquisite taste for property

... fice at 6 York Road in Kowloon Tong. York Road belongs to an upmarket residential neighborhood that features low-density developments. According to media reports, the local branch of Xinhua News Agenc ...More

EJ Insight2014-11-26

US prosecutors probing possible HSBC leak to hedge fund

... t the New York-based hedge fund Moore Capital Management LLC about the impending transaction. Although the planned merger was public at the time, the leaked information would have allowed those in the ...More

EJ Insight2014-11-26

What if Lei Jun's Xiaomi dream came true?

... oming New York listing.  Obviously, this debate could go on forever, so we will let the numbers speak for themselves. Xiaomi has a 5.3 percent share of the world smartphone market against 23.8 percent ...More

EJ Insight2014-11-21

HK tycoon gives US$25 mln to take UN news service private

... neva, New York and London, Reuters reported Friday. IRIN began by faxing news about Africa in the aftermath of the 1994 Rwandan genocide. It plans to add Chinese and Spanish language services to its e ...More

EJ Insight2014-11-21

New York tops Hong Kong for most expensive shopping street

New York has overtaken Hong Kong for the world's most expensive shopping street after the latter saw a slowdown in the demand for luxury goods from mainland visitors, the Hong Kong Economic Journal re ...More

EJ Insight2014-11-20

Man charged in fatal subway shoving of HK immigrant

A man has been charged with murder in the fatal shoving of a Hong Kong immigrant in the New York city subway on the weekend. New York police arrested Kevin Darden, 34, on Tuesday for a separate assaul ...More

EJ Insight2014-11-19

What record number of Chinese undergrads in US tells us

... rted. New York University surpassed USC as the nation’s leader in recruiting lucrative foreign-born students, a distinction my alma mater (Fight On!) has held for 13 years in a row. USC increased enro ...More

EJ Insight2014-11-19

No vaping please, we're non-smokers

...  when New York City banned vaping indoors and the United Kingdom opened its first vape cafe, The Vape Lab in Shoreditch, London, according to Oxford. A 1983 article in New Society described the e-ciga ...More

EJ Insight2014-11-19

NY police hunt man who pushed HK immigrant to his death

New York police are searching for the man who pushed a Hong Kong immigrant to his death on the subway tracks during the weekend. But despite an all-out manhunt, the man remained at large on Monday nig ...More

EJ Insight2014-11-18

Godfather's mansion for sale for US$2.9 million

The house The Godfather built is up for sale. That's right, the English Tudor-style mansion made famous by the 1972 Oscar-winning movie about a New York mobster family can be had for US$2.895 million. ...More

EJ Insight2014-11-14

NASDAQ eyes Stock Connect index

... f the New York exchange. Hughes said the company will have to see whether NASDAQ investors will be buying into a cheaper or a more expensive market. Also, it needs to know whether Shanghai-Hong Kong S ...More

EJ Insight2014-11-14

Alibaba seeks US$8 billion in first US bond sale

Fresh from the success of its US$25 billion initial public offering in New York in September, Alibaba Group Holding Ltd. is seeking up to US$8 billion in a US bond sale, Bloomberg News reported. The C ...More

EJ Insight2014-11-14

NYT tells Xi: We won't change our coverage to please you

The New York Times has pledged to continue reporting honestly on China and its citizens despite obstacles placed in its way by the country's authorities.  The newspaper said that while US President Ba ...More

EJ Insight2014-11-13

Why US$30 bln is making Jack Ma an unhappy man

... ng in New York in September. That made him the richest man in Asia on the Bloomberg daily billionaire list, second only to Hong Kong billionaire Li Ka-shing in Thursday's rankings. Alibaba's IPO succe ...More

EJ Insight2014-11-13

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