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Two officers shot in Ferguson after police chief quits

... y nor the federal probe led to charges against Wilson. Jackson's departure was the latest in a string of officials who stepped down following a scathing report from the US Justice Department that foun ...More

EJ Insight2015-03-12

Big US banks struggle to pass Fed stress test

Four of the biggest American banks barely passed a stress test by the Federal Reserve -- and only after ensuring some wiggle room in their capital ratios. The United States central bank allowed Goldma ...More

EJ Insight2015-03-12

Fed under fire for a reason

The Federal Reserve is under attack. Bills subjecting the United States’ central bank to “auditing” by the Government Accountability Office are likely to be passed by both houses of Congress. Legislat ...More

EJ Insight2015-03-11

Canada exporters want HK to lift ban on geoducks

...  said the federal government is not doing enough to get the ban lifted, The Province newspaper reported Wednesday.  Paulo Demee, a spokesman for Vancouver-based Evergreen International Foodstuffs Ltd. ...More

EJ Insight2015-03-11

Military equipment stocks stand to gain from policy support

... t. The US Federal Reserve is very likely to announce an interest hike of 0.25 percent within this year. There is a very limited chance to see a sharp rate hike, which could only happen if the inflatio ...More

EJ Insight2015-03-10

US recovery sustainable; rate hike needed soon: Mester

The US economic recovery appears sustainable, and the Federal Reserve may have to raise interest rates soon, according to Cleveland Fed chief Loretta Mester. "If incoming economic information continue ...More

EJ Insight2015-03-10

Fed broadens scope of bank stress tests: WSJ

The US bank stress-test process is being integrated into the Federal Reserve's year-round supervision of the financial institutions, rather than being squeezed into a months-long sprint each year, the ...More

EJ Insight2015-03-10

HK stock market under pressure in the short term

... at the US Federal Reserve will opt for an earlier interest rate hike. The US Labor Department said non-farm payrolls increased by 295,000 in February, compared with 239,000 in the previous month, beat ...More

EJ Insight2015-03-09

Europe firms under pressure on how to use cheap cash

...  years of Federal Reserve stimulus aimed at reviving the real economy led to the wave of share buybacks while firms neglected capital expenditure. Few people expect European firms to match the stagger ...More

EJ Insight2015-03-06

Fed tests find US$500 bln risk for banks

... by the US Federal Reserve. All 31 banks passed the latest round of checks, clearing a minimum capital adequacy ratio of 5 percent to their risk-weighted assets. Last year, one of the smaller banks fel ...More

EJ Insight2015-03-06

The murder of Boris Nemtsov - a Russian view

... on at the federal level”. A few days before his death, Nemtsov published a report accusing 133 members of Russia’s parliament of underpaying their taxes, and he had been undertaking an investigation o ...More

EJ Insight2015-03-05

California busts Chinese 'maternity tourism' racket

... of people federal authorities suspect of running schemes that help pregnant Chinese women to travel to the US on fraudulent visas to give birth, the report said. Giving birth in the US is a tactic aim ...More

EJ Insight2015-03-04

Foreign banks brace for Fed stress tests

Some of the world's biggest banks could fail an upcoming stress test by the United States Federal Reserve. These include Deutsche Bank A.G. and Banco Santander S.A., the Wall Street Journal reported T ...More

EJ Insight2015-03-03

Fed governors back June rates liftoff

More members of the United States' Federal Reserve favor raising interest rates in June. And since Fed chief Janet Yellen puts a premium on consensus, the possibility of a June tightening looms larger ...More

EJ Insight2015-03-02

Saudi convicted over 1998 US embassy bombings in Africa

... dict in a federal court in New York was the 10th conviction at trial or via a guilty plea of a defendant tied to the bombings, which killed 224 people and injured more than 4,000, Reuters reported Fri ...More

EJ Insight2015-02-27

Higher minimum wage would do HK no harm

...  from the federal minimum of US$7.25 – with a further hike to US$10 next spring. The move will add over US$1 billion to its wage bill. This sounds painful, but set against annual revenues of US$486 bi ...More

EJ Insight2015-02-27

US approves toughest curbs on internet providers

... sday, the Federal Communications Commission (FCC) unveiled the new policy which reclassifies broadband -- both fixed and mobile -- as a more heavily regulated "telecommunications service", more like a ...More

EJ Insight2015-02-27

Three Brooklyn men charged with jihadist conspiracy

...  Brooklyn federal court Wednesday and Habibov in federal court in Jacksonville, Florida. Juraboev drew the attention of federal agents when he posted messages on an Uzbek-language website about his de ...More

EJ Insight2015-02-26

Morgan Stanley to pay US$2.6 bln to settle mortgage probes

... tled with federal and state authorities over the probes, agreeing to pay a total of more than US$35 billion in cash and consumer relief. Goldman Sachs Group Inc. disclosed this week that it had receiv ...More

EJ Insight2015-02-26

Apple ordered to pay US$533 mln for patent infringement

Apple Inc. has been ordered to pay US$532.9 million after a US federal jury found its iTunes software infringed three patents owned by Texas-based patent licensing company Smartflash LLC. Smartflash h ...More

EJ Insight2015-02-25

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