People's Bank of China governor Yi Gang said he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the Unite ...More
EJ Insight2018-10-15
Alibaba Group co-founder Jack Ma said on Saturday that he is discussing with Indonesia’s government the possibility of opening an institute to train tech entrepreneurs in the country, where he is alre ...More
EJ Insight2018-10-15
Washington wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp NAFTA, US Treasury Secretary ...More
EJ Insight2018-10-15
US Treasury Secretary Steven Mnuchin said on Friday he told China’s central bank chief that currency issues need to be part of any further US-China trade talks and expressed his concerns about the yua ...More
EJ Insight2018-10-12
Chief Executive Lam Cheng Yuet-ngor unveiled up to 250 measures in her second policy address on Wednesday, covering a wide range of issues from housing and technology to maternity leave. Lam sought to ...More
EJ Insight2018-10-12
China’s trade surplus with the United States surged to a record high of US$34.13 billion in September, compared with US$31.05 billion in August, Reuters reports, citing the latest Chinese customs data ...More
EJ Insight2018-10-12
The People's Bank of China announced last Sunday that it was cutting the reserve requirement ratio (RRR) for banks, the fourth such move this year. It remains to be seen whether the easing move will h ...More
EJ Insight2018-10-12
Apple Inc. is taking control over the power-management technology at the heart of its iPhones in a US$600 million deal with Dialog Semiconductor, Reuters reports. The agreement to license technology a ...More
EJ Insight2018-10-12
Chief Executive Carrie Lam Cheng Yuet-ngor said her administration will allocate HK$28 billion to further promote innovation and technology (I&T) in Hong Kong, the Hong Kong Economic Journal repor ...More
EJ Insight2018-10-11
International Monetary Fund Managing Director Christine Lagarde warned countries of the perils of a trade or a currency war, saying they could be detrimental to global growth and hurt “innocent bystan ...More
EJ Insight2018-10-11
Desperate for funding to fend off a financial crisis fuelled in part by mounting debt to China, Pakistan is playing a complicated game of poker that could hand Saudi Arabia a strategic victory in its ...More
EJ Insight2018-10-11
Chief Executive Carrie Lam Cheng Yuet-ngor has announced an increase in the government's subsidy offer for employers to end an arrangement that allows them to offset long-service and severance payment ...More
EJ Insight2018-10-10
President Donald Trump repeated his threat to impose tariffs on US$267 billion worth of additional Chinese imports if China retaliates for the recent levies and other measures the United States has ta ...More
EJ Insight2018-10-10
Following the comment by US Federal Reserve Chairman Jerome Powell last week that "we're a long way from neutral at this point", the 10-year US treasury yield spiked above 3 percent. The decade-long b ...More
EJ Insight2018-10-09
The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2018 and 2019, saying that trade policy tensions and the imposition of import tariffs were taking a toll on comm ...More
EJ Insight2018-10-09
