... t. The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020. That would put the benchmark overnight lending rate at 3.4 percent, roughly half a ...More
EJ Insight2018-09-27
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in US economic growth will prompt the central bank to r ...More
EJ Insight2018-09-26
... le in the central government questioned why the Security Bureau took so long to impose the ban. He said that's because the bureau wanted to be very careful before doing so and imposed it fully accordi ...More
EJ Insight2018-09-26
... meet the central bank’s price target would be a laudable, and significant, endeavor. Meanwhile, the government’s fiscal priorities need a major overhaul if the country is going to get onto sustainabl ...More
EJ Insight2018-09-24
Ten years after the collapse of Lehman Brothers, the unorthodox measures central banks took to douse the fires of the global financial crisis have left a smoldering terrain that still casts a pall ove ...More
EJ Insight2018-09-24
... e China’s central bank governor Yi Gang, top securities regulator Guo Shuqing, National Social Security Fund Council chairman Lou Jiwei, as well as former central bank governor Zhou Xiaochuan and form ...More
EJ Insight2018-09-20
History buffs have bemoaned the damage that Typhoon Mangkhut has caused on a heritage street in Central, but there is hope now that the affected structures will be repaired and reinstalled. The Develo ...More
EJ Insight2018-09-19
... de facto central bank -- on Monday launched the so-called faster payment system (FPS), an arrangement that will help speed up transactions and ensure more efficient retail payment services. With par ...More
EJ Insight2018-09-19
... Street in Central, believed to have been built between 1875 and 1889, and the four gas lamps at the top and bottom of the steps, the only working gas street lamps in Hong Kong since 1967, were found t ...More
EJ Insight2018-09-18
... oncerns a central bank error could lead to a snap back. Investors are certainly pricing in a better than 50 percent chance of two further rate hikes this year, and we can’t discount the possibility th ...More
EJ Insight2018-09-18
... se to the Central Asian nation’s border with China’s troubled north-western province of Xinjiang. Zambia, following in the footsteps of Sri Lanka that was forced to give China a major stake in its por ...More
EJ Insight2018-09-17
... ffices in Central and my tiny office in Sheung Wan, carrying a large and heavy computer every day. I kept moving around all the time, with a hope that the customers might be willing to try my electron ...More
EJ Insight2018-09-17
... ating the central bank’s policy efforts. Top officials have vowed they will not resort to strong stimulus as they have in past downturns, a policy choice that boosted growth but fueled a mountain of d ...More
EJ Insight2018-09-14
... Shatin-to-Central rail link project. The incident highlighted the fact that whistleblowers have a pivotal role to play in probing wrongdoings and seeking truth in defense of common good. In order to s ...More
EJ Insight2018-09-14
... her major central banks will follow the Fed toward monetary-policy normalization, which will reduce global liquidity and put upward pressure on interest rates. Third, the Trump administration’s trade ...More
EJ Insight2018-09-14
... the China Central Television (CCTV) as a vehicle to promote patriotism and loyalty to the Communist Party among schoolchildren across the nation. In order to “unify ideology”, the Ministry of Educatio ...More
EJ Insight2018-09-13
... y part of central Shanghai and plowed into pedestrians. Investigations showed the fire was caused by a driver who was smoking a cigarette inside the vehicle while illegally transporting highly flammab ...More
EJ Insight2018-09-13
The US central bank has room to raise interest rates over the next couple of years without slowing economic growth, a Fed board member said on Wednesday. With economic growth strong, unemployment at 3 ...More
EJ Insight2018-09-13
... logist at Central Health in Lynchburg, Virginia. “Clinicians face patients every day with palpitations, rapid heart rates, and other symptoms”, and the doctors want a more portable monitoring and reco ...More
EJ Insight2018-09-13