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How China slowdown could burst the art bubble

...  New York Federal Reserve registers gold sales between national central banks. Clearly, the incentives and motives of art investors who are engaged in capital flight, or who want to hide or launder th ...More

EJ Insight2015-09-07

What if the renminbi competed with the US dollar?

... 8, the US Federal Reserve provided emergency swap lines to banks around the world. If a crisis hits in two decades’ time, China could play a similar role. It is assembling the framework to lend such s ...More

EJ Insight2015-09-05

Official denies gays marriage licenses, defying US Supreme Court

... appeals a federal judge's order requiring her to issue them. Amid calls for her resignation, death threats and an order that she appear in federal court on Thursday, Davis clung to her religious belie ...More

EJ Insight2015-09-02

Why stock markets may remain weak in September

... ke by the Federal Reserve. Fed vice chairman Stanley Fischer said over the weekend that there was "good reason" to expect that inflation would rebound to a healthier pace. His comments reinforced othe ...More

EJ Insight2015-09-01

America experiments with smarter ways to combat crime

... state and federal prisons, up from US$12 billion 20 years ago. And then there are the huge costs for those imprisoned (many for non-violent crimes) and for their families and communities – costs that ...More

EJ Insight2015-09-01

US stocks post worst monthly drop in more than 3 years

US stocks slumped on Monday, rounding off a volatile month of trading, as investors fretted about slowing global growth and a potential interest-rate hike by the Federal Reserve in September. The S&am ...More

EJ Insight2015-09-01

Why a September US rate liftoff is a fading hope

... g. The US Federal Reserve may hike interest rates this year despite cooling expectations for a September liftoff. The Fed may postpone a rate hike given the one-off 3 percent devaluation of the renmin ...More

EJ Insight2015-08-31

We're ready for rate hike, world central bankers tell US Fed

Central bankers from around the world are suggesting that they are ready for a US interest rate hike and that they would prefer that the Federal Reserve make the move without further ado, Reuters repo ...More

EJ Insight2015-08-31

The US still runs the world

... ch the US Federal Reserve will raise interest rates. The policy-setting Federal Open Market Committee will move interest rates based almost entirely on its collective reading of US economic circumstan ...More

EJ Insight2015-08-31

Obama to rename tallest mountain in North America

... ssing the federal government to do the same. Alaskans had been blocked in Congress by Ohio politicians, who wanted to stick with McKinley as a lasting tribute to the 25th US president, who served from ...More

EJ Insight2015-08-31

Tycoon warns of slide in prices of imitation luxury homes

... es the US Federal Reserve's expected hike in interest rates will not cause major turbulence in Hong Kong asset prices. Any rate hike will be mild and the policy tightening will be gradual, he said. In ...More

EJ Insight2015-08-28

FBI warns art dealers on Syria, Iraq antiquities

The Federal Bureau of Investigation has urged art dealers in the United States to be careful when buying antiquities from the Middle East, saying there is evidence collectors have recently been offere ...More

EJ Insight2015-08-28

PBoC official blames US for global market turmoil

... id the US Federal Reserve should delay any rate hike to give fragile emerging market economies time to prepare. He said Beijing's decision to let the yuan fall in value against the dollar should not m ...More

EJ Insight2015-08-28

Is a global financial crisis coming?

... s. The US Federal Reserve started to pave the way for unwinding monetary easing since early last year, and the US dollar started to rally in mid-2014. The US dollar index even surged to a 12-year high ...More

EJ Insight2015-08-27

China stocks surge in late trading to halt five-day rout

... at the US Federal Reserve will respond to days of China-led volatility by delaying an expected interest rate rise next month. “Heavyweight stocks like banks and insurance companies helped pull up the ...More

EJ Insight2015-08-27

Wal-Mart halts sales of controversial rifle

... n April a federal court ruled in Wal-Mart's favor and vacated an injunction that would have required a vote on the issue at its annual shareholders' meeting in June. -- Contact us at [email protected] ...More

EJ Insight2015-08-27

Wall Street snaps six-day losing streak

US stocks rebounded sharply on Wednesday after running up six straight days of sharp losses caused by worries about China's economy. Long-term bonds fell after a top Federal Reserve official scaled ba ...More

EJ Insight2015-08-27

How Beijing is humiliated when confidence is gone

... at the US Federal Reserve may start the tightening cycle in late October. Yet according to Neo-Classical economic theories, it is ultra-low interest rates that underlie the current bleak climate as th ...More

EJ Insight2015-08-26

New York online male escort service busted

... plaint in federal court in Brooklyn, New York. Reuters is reporting that authorities are moving to seize bank accounts holding US$1.4 million and the website's domain name. US Homeland Security Depart ...More

EJ Insight2015-08-26

China cuts rates, reserve ratio after stocks plunge again

... at the US Federal Reserve would raise interest rates next month was to blame for the recent global market volatility, the official Xinhua news agency reported. Yao Yudong, head of the PBoC financial r ...More

EJ Insight2015-08-26

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