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Bid to smuggle rhino horns nets man 30 months in US jail

... utors and federal sentencing guidelines, the news agency said. Guan, speaking through a Mandarin interpreter just before being sentenced, pleaded for lenience, saying he had already lost his business ...More

EJ Insight2015-03-26

How to fight currency manipulation

... r QE, the Federal Reserve buys – and announces that it will buy – assets; the only difference is that these assets are longer-maturity US government debt instruments and mortgage-backed securities of ...More

EJ Insight2015-03-25

How to navigate the investment landscape amid strong dollar

The US Federal Reserve has removed references to being "patient" about its interest rate stance in a recent policy statement, opening the door for a likely rate hike in September. We are slightly over ...More

EJ Insight2015-03-24

How scary is the bond market?

... since the Federal Reserve series began in 1972) of 2.25 percent on January 30. The yield on the United Kingdom’s 30-year government bond fell to 2.04 percent on the same day. The Japanese 20-year gove ...More

EJ Insight2015-03-23

Amazon drone deliveries a step closer

Amazon.com Inc. has won approval to test a delivery drone outdoors, moving it a step closer to speeding packages to customers through the air. The Federal Aviation Administration (FAA) issued an exper ...More

EJ Insight2015-03-20

BNY Mellon to pay US$714 mln to settle claims it cheated clients

Bank of New York Mellon Corp. has agreed to pay US$714 million to settle allegations it overcharged pension funds and other clients for foreign exchange services, Reuters reported. US federal and New ...More

EJ Insight2015-03-20

ICAC, Japan probe Universal casino payments

... na from a federal grand jury that it believed was related to “suspicion” of bribery related to the payments. The FBI has been investigating whether payments that originated in a bank account held by A ...More

EJ Insight2015-03-20

Why the Fed won't be in a hurry to raise interest rates

Seen from a broad perspective, the US Federal Reserve is unlikely to raise its key interest rate anytime soon.  Let us take a look at the world's largest economy. The job market has shown sign of impr ...More

EJ Insight2015-03-19

Too big to fail? Why banks need watching

Headlines about banks’ risks to the financial system continue to dominate financial news. Bank of America performed poorly on the Federal Reserve’s financial stress tests and regulators criticized Gol ...More

EJ Insight2015-03-19

FBI probes possible Chinese military involvement in cyber attack

Federal investigators are looking into possible Chinese military involvement in a cyber hack at Register.com which manages more than 1.4 million website addresses for businesses around the world. Hack ...More

EJ Insight2015-03-19

US court dismisses pyramid scheme lawsuit against Herbalife

... Markey, a Federal Trade Commission probe, weak quarterly results and even questions raised by Ackman and hedge fund manager David Einhorn were "corrective disclosures" that revealed Herbalife's fraud. ...More

EJ Insight2015-03-19

Fed moves closer to rate hike, lowers growth outlook

The US Federal Reserve moved a step closer Wednesday to raising interest rates for the first time since 2006. But it lowered its projections for economic growth and inflation, signaling it is in no ru ...More

EJ Insight2015-03-19

Breastfed babies grow up smarter, get better-paid jobs

... ta of the Federal University of Pelotas said his study offers a unique insight, because in the population he studied, breastfeeding was evenly distributed across social class -- not something practise ...More

EJ Insight2015-03-18

US rate rise may fuel instability in emerging markets: IMF chief

... when then Federal Reserve chairman Ben Bernanke indicated an early end to the US central bank's bond purchasing program known as quantitative easing, the Financial Times reported. “I am afraid this ma ...More

EJ Insight2015-03-18

US Air Force veteran indicted on jihadist charges

A United States Air Force veteran is facing federal charges for trying to help Islamist militants. Tairod Nathan Webster Pugh, 47, tried to provide material support to the radicals, Reuters reported W ...More

EJ Insight2015-03-18

Why QE is such a popular policy tool

... Former US Federal Reserve chairman Ben Bernanke, dubbed "Helicopter Ben" for his suggestion that he would drop money from a helicopter to fight deflation, set the money-printing machines in motion in ...More

EJ Insight2015-03-17

Japan debt: It's not what it looks like

... former US Federal Reserve chairman Ben Bernanke proposed in 2003 -- using monetized fiscal deficits to put spending power directly into the hands of companies and households. The BOJ rejected Bernanke ...More

EJ Insight2015-03-17

Nomura faces US$1 bln mortgage securities trial

... ts by the Federal Housing Finance Agency (FHFA), Nomura and other institutions were accused of misrepresenting the underlying mortgage loans. When borrowers started to default on their mortgages en ma ...More

EJ Insight2015-03-16

China moving 'very close' to freeing up deposit rates: Zhou

... t. The US Federal Reserve's expected move to raise interest rates "won’t pose a big threat" to China, Zhou said, aiming to dispel concerns over a potential surge in capital flight from the country.  - ...More

EJ Insight2015-03-13

Why Hong Kong home prices may drop 15%

... s. The US Federal Reserve is expected to hike interest rates within this year, but at a very modest level. Therefore, the rate rise may have limited impact on the housing market. This article appeared ...More

EJ Insight2015-03-12

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