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US appeals court blocks Obama's immigration action

...  said the federal government exceeded its authority in demanding whole categories of immigrants be protected. With the latest ruling, Obama is left with no other option but to appeal to the Supreme Co ...More

EJ Insight2015-11-10

Why US monetary policy has a lot to do with China

...  2005, US Federal Reserve Chair Alan Greenspan pointed to the phenomenon as an explanation for his famous "conundrum": interest rates on Treasury bonds were lower than market conditions appeared to wa ...More

EJ Insight2015-11-10

Russia fears terrorist retaliation over Syria after jet crash

... .Russia’s Federal Security Service says people suspected of financing international terrorism, a term usually used to describe Islamic State and similar groups, have been found in 77 of the country’s ...More

EJ Insight2015-11-10

What to do about ballooning global debt

... If the US Federal Reserve follows through on raising interest rates at the end of this year, as has been suggested, the global economy – and especially emerging markets – could be in serious trouble. ...More

EJ Insight2015-11-09

Renminbi faces pressure despite expected inclusion in SDR basket

... e, the US Federal Reserve is taking the opposite path, hinting at an imminent tightening cycle. The central banks of Europe and Japan intend to ramp up monetary easing. That would lead to further US d ...More

EJ Insight2015-11-06

Former Goldman employee pleads guilty over NY Fed leaks

An ex-Goldman Sachs Group employee has pleaded guilty to illegally obtaining confidential information from a former colleague at the Federal Reserve Bank of New York. Rohit Bansal, a former associate ...More

EJ Insight2015-11-06

Former Rabobank traders convicted in US over Libor rigging

A federal jury found two former traders at Rabobank guilty of fraud in the first US trial arising from a global investigation into manipulation of Libor, the leading benchmark for pricing financial tr ...More

EJ Insight2015-11-06

Now is the best time for the Fed to raise rates

The US Federal Reserve suggested that interest rates will be kept at the present level at the moment, but most investors believe the "liftoff" will happen in the first quarter of next year. This week, ...More

EJ Insight2015-11-05

Messy communication from the Fed

Nothing describes the US Federal Reserve’s current communication policy better than the old saying that a camel is a horse designed by committee. Various members of the Fed’s policy-setting Federal Op ...More

EJ Insight2015-11-05

Yellen: Rate hike in December is 'live possibility'

US Federal Reserve Chairwoman Janet Yellen hinted at an interest rate action next month, saying Wednesday that a December liftoff is "live possibility" if the economy remains on track. Appearing befor ...More

EJ Insight2015-11-05

Leung dismisses talk of relaxation of property curbs

... er the US Federal Reserve begins a tightening cycle. Analysts at Barclays Plc have said that Hong Kong's property market could soon enter a long adjustment period as price levels have already peaked. ...More

EJ Insight2015-11-04

Uber driver gets life sentence for Delhi rape

... r in a US federal court in January, but later withdrew her suit. Indian authorities face sustained criticism for not doing enough to address a weak system of law enforcement and policing that leaves w ...More

EJ Insight2015-11-04

Trump accuses Fed of keeping rates low to help Obama

US Republican presidential candidate Donald Trump has accused the Federal Reserve of keeping interest rates low at the behest of Barack Obama, the current occupant of the White House. Speaking at a ne ...More

EJ Insight2015-11-04

China rolls out first homegrown large airliner

... om the US Federal Aviation Administration is seen as a major hindrance for international sales. While many Chinese netizens express pride in the indigenous jetliner, others sound skeptical about the s ...More

EJ Insight2015-11-03

Google likely to start drone package deliveries by 2017

...  with the Federal Aviation Administration and other stakeholders about setting up an air traffic control system for drones that would use cellular and internet technology to coordinate unmanned aerial ...More

EJ Insight2015-11-03

US investigating China-linked radio network

US authorities are investigating a California company whose radio broadcasts are suspected to be backed by an entity controlled by the Chinese government. The Federal Communications Commission (FCC) a ...More

EJ Insight2015-11-03

Top US banks face US$120 bln shortfall under new rules

Six big US banks need to raise an additional US$120 billion, most likely in long-term debt, under a rule proposed Friday by the US Federal Reserve, Reuters reported. The requirements are aimed at ensu ...More

EJ Insight2015-11-02

Financial market turmoil looms as more QE expected

... at the US Federal Reserve has yet to launch a QE4. At a meeting on Oct. 22, European Central Bank president Mario Draghi hinted that the central bank will expand its QE program. The ECB has purchased ...More

EJ Insight2015-10-29

Fed leaves rates steady, opens door to hike in December

The US Federal Reserve kept interest rates unchanged Wednesday and, in a direct reference to its next policy meeting, put a December rate hike firmly in play. Investors had expected the Fed to stay pa ...More

EJ Insight2015-10-29

Retrial for US cop who threw man from India to the ground

A US police officer is being retried for throwing a man from India to the ground, causing serious injuries, in an incident recorded on video. Eric Parker is being retried in federal court on accusatio ...More

EJ Insight2015-10-29

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