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Theory and truth of Hong Kong’s sub-sovereignty

...  within a federal country is not entitled to, like sending its own delegation to the Olympic Games. There is a long list of international organizations -- mainly comprising independent countries -- in ...More

EJ Insight2014-08-25

Ice bucket dare: Why US envoy to HK won't take it

... lenge "as federal government ethics rules prevent us from using our public offices no matter how worthy the cause is". So, high-ranking State Department officials are unfortunately unable to participa ...More

EJ Insight2014-08-22

Fed debates rate hike in policy meeting

Federal Reserve officials debated during their policy meeting in July whether they should raise interest rates sooner than expected amid the strengthening economic recovery, but they were restrained b ...More

EJ Insight2014-08-21

Bubbles, bubbles everywhere

... ording to Federal Reserve studies, farmland prices were up 15 percent last year in the most productive part of the Corn Belt, and 26 percent in the western Corn Belt and high plains. Iowa land selling ...More

EJ Insight2014-08-20

Citigroup weighs sale of Japan retail banking assets

...  when the Federal Reserve rejected its dividend and share-buyback proposal, citing difficulty in determining the impact of a severe recession on the group's global operations. -- Contact us at english ...More

EJ Insight2014-08-20

Missouri calls in National Guard to quell rioting

... opsies by federal authorities and the county are pending. -- Contact us at [email protected] RA ...More

EJ Insight2014-08-19

Federal autopsy ordered for teen shot by police in Ferguson

United States Attorney General Eric Holder ordered a federal autopsy of a teenager shot dead by a police officer in Ferguson, Missouri, as he sought to assure the family and community there will be a ...More

EJ Insight2014-08-18

Yellen determined not to raise interest rates too soon

Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she'd rather fight inflation than another economic downturn. Interviews with current and former Fed officials ...More

EJ Insight2014-08-13

Yale report lists 29 sexual-assault complaints

... mply with federal laws to prevent and appropriately respond to campus sexual assault. In a resolution reached with the Education Department in 2012, Yale agreed to take a number of steps to improve ho ...More

EJ Insight2014-08-13

US and global growth disappointing, Fed official says

A soft US housing recovery and weak labour force participation are two reasons for disappointing global growth, and this could be a long-term phenomenon, US Federal Reserve vice-chairman Stanley Fisch ...More

EJ Insight2014-08-12

Standard Chartered to scour records for money laundering

... , DFS and federal authorities took separate actions against Standard Chartered, fining the bank a combined US$667 million for violating US sanctions by hiding transactions linked to Iran. As a result ...More

EJ Insight2014-08-12

US rate hike may trigger US$100 bln outflow, HKMA warns

... e. The US Federal Reserve has kept short-term rates near zero since December 2008. It plans to start raising them next year as the country's economic recovery and employment situation continue to impr ...More

EJ Insight2014-08-11

Indonesian gets 10-year US jail term for wine fraud

... Manhattan federal court judge described Kurniawan's wine fraud as "a bold, grandiose, unscrupulous but destined-to-fail con". Kurniawan is the first person ever to go to jail for selling fake wine in ...More

EJ Insight2014-08-08

China’s next step: Transformation or bust

China continues to be front and center on my list of concerns, even more so than the latest Federal Reserve press release or fluctuations in the Dow. I believe China is the single biggest risk to worl ...More

EJ Insight2014-08-06

HSBC sees income boost when interest rates rise

The Bank of England and the US Federal Reserve are likely to raise their benchmark interest rates in the fourth quarter this year and the first half next year respectively, moves that could help boost ...More

EJ Insight2014-08-05

Fed boosts view of economy but rates to stay low

The Federal Reserve said on Wednesday it would cut down its asset purchases to US$25 billion monthly, down from US$85 billion at its peak, while issuing a more upbeat assessment of inflation, jobs and ...More

EJ Insight2014-07-31

GM hit by new lawsuit over faulty ignition switches

... Manhattan federal court, where dozens of cases against GM over the switch recall have been consolidated.  Since the beginning of the year, GM has recalled nearly 15 million vehicles worldwide over pot ...More

EJ Insight2014-07-30

Exchange Fund posts HK$50.5 billion income in first half

... after the Federal Reserve ends its asset purchases. In view of the complex and constantly changing investment environment, the de facto central bank will manage the fund in a cautious and prudent mann ...More

EJ Insight2014-07-30

Canada accuses China of cyber-attack

Canada accused Beijing on Tuesday of a cyber-attack on a federal research and development agency, charges which a Chinese official dismissed as "groundless". Authorities detected a breach of informati ...More

EJ Insight2014-07-30

China raids Microsoft offices

... ast year, Federal Trade Commission commissioner Maureen Ohlhausen gave a speech in Beijing, encouraging antitrust regulators there to provide clear, advance notice to companies under investigation. Li ...More

EJ Insight2014-07-29

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