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US offers US$3 mln reward for arrest of Russian hacker

The US Federal Bureau of Investigation is offering a US$3 million reward for information leading to the arrest of a Russian hacker charged with creating a computer virus used to steal more than US$100 ...More

EJ Insight2015-02-25

Fed chief signals rate hike likely soon

Federal Reserve chairman Janet Yellen said an interest rate hike may be considered on a "meeting-by-meeting basis", another sign the United States central bank is preparing to end its ultra loose poli ...More

EJ Insight2015-02-25

US probes 10 banks on possible precious-metal price rigging: WSJ

... iffs in a federal court in Manhattan. More than 25 lawsuits have been filed against Barclays, Deutsche, HSBC, Bank of Nova Scotia and Société Générale over their alleged role in setting the gold fix, ...More

EJ Insight2015-02-24

Former medic, 94, faces 3,681 Holocaust charges

... d War II. Federal investigators recommended in 2013 that state prosecutors pursue charges against them under a new precedent in German law. The man's attorney, Peter-Michael Diestel, told the Bild new ...More

EJ Insight2015-02-24

Why billion-dollar bank hacking will hound consumers

... ft by the Federal Deposit Insurance Corp. The insurance applies to any sum up to US$250,000 in checking, a savings account or a certificate of deposit at a US bank. Still, more people have become vigi ...More

EJ Insight2015-02-17

Draft US rules on drones bar package deliveries, pipeline tours

...  from the Federal Aviation Administration (FAA) would require unmanned aircraft pilots to obtain special pilot certificates, stay away from bystanders and fly only during the day, Reuters reported.  F ...More

EJ Insight2015-02-17

China to overtake US as No. 1 retail market in 2018: PwC

... of the US Federal Reserve’s interest rate hike, which is expected to take place later this year. “The effect will be stronger in 2016, as there will be a gradual increase in the interest rate. There m ...More

EJ Insight2015-02-12

Currency war not a solution

... en the US Federal Reserve, which is presiding over an economy that is performing far better than its developed-world counterparts, has reiterated the need for “patience” when it comes to raising inter ...More

EJ Insight2015-02-12

Malaysian court upholds ruling finding Anwar guilty of sodomy

... ersy. The Federal Court's judgment Tuesday upholds a ruling by the Court of Appeal in March last year, which found Anwar, 67, guilty of sodomizing a former political aide. The conviction disqualifies ...More

EJ Insight2015-02-10

Greenspan: Greece will be out of eurozone

Former Federal Reserve chairman Alan Greenspan is predicting Greece will be forced to leave the eurozone. Greenspan said no one would be willing to give the country any more loans to bolster its econo ...More

EJ Insight2015-02-09

Abbott survives leadership challenge

... rs of the federal Liberal Party at the party-room vote. -- Contact us at [email protected] CG/RA ...More

EJ Insight2015-02-09

Silk Road website operator convicted on US drugs charges

A 30-year-old American who sold hundreds of millions of dollars worth of illegal drugs on the internet was convicted on Wednesday of all seven crimes he was charged with. The jury in the Federal Distr ...More

EJ Insight2015-02-05

UBS faces new US probe related to bearer bonds: WSJ

...  with the Federal Bureau of Investigation to determine whether UBS employees helped facilitate tax evasion or engaged in securities fraud, the report said.  Investigators believe some potential misdee ...More

EJ Insight2015-02-05

How will the currency wars affect Hong Kong assets?

... at the US Federal Reserve will hike interest rates before the year end. However, recent data is feeding fears that the US economic recovery may be weaker than expected. A tepid economy could prompt th ...More

EJ Insight2015-02-04

Stock markets to remain volatile in near term

... at the US Federal Reserve will delay interest rate hikes. Among other factors, the restructuring of Li Ka-shing's business empire has also sparked a rally in local blue-chips. In some sectors, it rema ...More

EJ Insight2015-02-03

Training revolution

... 0 million federal fund to expand community college programs based on their effectiveness, which is to be measured by employer partnerships, work-based learning opportunities, and student graduation an ...More

EJ Insight2015-02-02

Why ECB stimulus is nothing like the US version

... of the US Federal Reserve’s QE exit. The third round of QE in the US in late 2012 sparked a wave of equity market rallies worldwide. However, the picture looks less promising in terms of potential boo ...More

EJ Insight2015-01-29

US food stamp children soar to 16 mln

... y, citing federal data. Republicans in Congress have sought to cut back on the food stamp program as part of a larger plan to balance the budget. Early last year, lawmakers proposed US$40 billion in c ...More

EJ Insight2015-01-29

Fed upbeat on US economy

The US economy is expanding "at a solid pace" with strong job gains, the Federal Reserve said on Wednesday, signaling that it remains on track to raise interest rates later this year. Following a two- ...More

EJ Insight2015-01-29

Why we shouldn't worry about the RMB's recent tumble

... ness. The Federal Reserve may therefore have limited room to tighten, Bank of China says. Given that the chance of Greece leaving the eurozone is low, a rebound of euro from the selloff triggered by E ...More

EJ Insight2015-01-28

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