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HK man charged in Sydney with importing 150 kg of 'ice'

... ustralian Federal Police, who said it was the biggest drug seizure in the country this year. The arrested man has been charged with importing and attempting to possess a commercial quantity of illegal ...More

EJ Insight2015-05-15

Is the next financial crisis coming soon?

... er the US Federal Reserve wound up its tapering. The move has accelerated the price correction on commodities -- oil, in particular -- which in turn fueled deflation risk across the world. And the bre ...More

EJ Insight2015-05-14

Investigators: Amtrak track lacked safety control

... ctioning, federal officials said. Federal rules require the national rail network to have an operating PTC system by the end of the year, although many lawmakers have endorsed rail industry appeals fo ...More

EJ Insight2015-05-14

5 killed, 50 injured as NY-bound train derails

... uoted the Federal Bureau of Investigation as saying there was no indication that terrorism may have been a factor in the derailment. The weather was fair at the time of the crash. "We do not know what ...More

EJ Insight2015-05-13

Australia targets multinationals in tax crackdown

... rt of the federal budget this fiscal year, will enable authorities to pursue companies with more than A$1 billion (US$799 million) in global revenue that are found to have intentionally avoided paying ...More

EJ Insight2015-05-13

Big banks to pay US$6 bln in forex rigging scandal

... e and the Federal Reserve’s board of governors. Subsidiaries of the banks are likely to plead guilty to US criminal charges, according to people familiar with the matter. There might also be “implicat ...More

EJ Insight2015-05-12

Nomura, RBS misled investors, US judge rules

A US federal judge has ruled that Nomura and Royal Bank of Scotland misled investors in mortgage-backed securities. It is the first court verdict in a case that has lasted almost four years, the Finan ...More

EJ Insight2015-05-12

North Asia markets to outperform in second half

... ment, the Federal Open Market Committee said the weak economic growth in the first quarter in part reflected "transitory factors”. In the second half, the boost for consumer spending from low oil pric ...More

EJ Insight2015-05-11

How crisis helps Putin cement his power

... ssia is a federal state, and a high degree of autonomy is granted to its ethnic minorities. From 1999 to 2009, Russia's GDP per capita has risen by 83 percent. But the development levels are uneven am ...More

EJ Insight2015-05-11

NSA phone spying program ruled illegal by appeals court

A US federal appeals court has ruled that a government spying program that systematically collects millions of Americans' phone records is illegal. The decision puts pressure on Congress to quickly de ...More

EJ Insight2015-05-08

India moves closer toward streamlining taxes

...  both the federal and state levels to replace the overlapping local and national taxes. The government intends to implement the new tax sysem from next April. -- Contact us at [email protected] RC/CG ...More

EJ Insight2015-05-07

Yellen says stock valuations 'quite high'

US Federal Reserve chief Janet Yellen warned Wednesday of potential dangers from high equity valuations but said that risks to financial stability remained generally in check. "I would highlight that ...More

EJ Insight2015-05-07

Citizenfour: A moving story about choices and beliefs

... r 2013, a federal court ruled that NSA’s collection of US phone metadata is “likely unconstitutional”. Second, he did not just reveal the secrets recklessly – as some would do when revealing secrets ...More

EJ Insight2015-05-06

Pacquiao sued in US for allegedly concealing injury

... ld with a federal court in Nevada on Tuesday, Stephane Vanel and Kami Rahbaran sought compensation under laws meant to protect consumers and asked for status as a class action on behalf of ticket buye ...More

EJ Insight2015-05-06

Why short selling can add value to China stocks

... by the US Federal Reserve found that the ban actually made the crisis worse. It exacerbated volatility, increased price declines and cost investors an additional US$500 million in trading costs. Ironi ...More

EJ Insight2015-05-05

Fed chief met firm at heart of leak probe, denies impropriety

Federal Reserve chief Janet Yellen met with a research firm that later published confidential details from the central bank but said she did not know where the information had come from,  Yellen met w ...More

EJ Insight2015-05-05

New flats selling like hot cakes during Labor Day holiday

... ed the US Federal Reserve to delay its rate hike plan because of the unexpectedly tepid economic growth in the last quarter. – Contact us at [email protected] CG ...More

EJ Insight2015-05-04

Russian scholar’s doomsday prediction about the US

...  Russia’s Federal Agency for Government Communications and Information (FAPSI) after 1991. His research area is Russian-United States relations, and he is never shy about expressing his thoughts. In 1 ...More

EJ Insight2015-05-04

Credit Suisse lifts Hong Kong equity view to outperform

...  when the Federal Reserve starts its rate hike cycle. China and the Philippines will be the least impacted during the period, and the effects on Singapore, Taiwan and Thailand should be neutral, chief ...More

EJ Insight2015-04-30

Fed lowers outlook, signaling delay in rate hike

The Federal Reserve downgraded its view of the US labor market and economy, suggesting it may have to wait until at least the third quarter to begin raising interest rates. The Fed is taking a meeting ...More

EJ Insight2015-04-30

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