US Federal Reserve Chair Jerome Powell on Wednesday told Congress that negative interest rates aren’t appropriate for the US economy at a time when it is enjoying growth, a strong labor market and ste ...More
EJ Insight2019-11-14
App-based bank Tandem, which plans to expand into Hong Kong before the end of the year, is determined to take on the giants in the financial industry and grow into a “trillion-dollar business”, its co ...More
EJ Insight2019-11-13
Walt Disney Co.’s long-awaited debut in the streaming media wars was hit with technical glitches that the company said were caused by higher-than-expected demand, Reuters reports. It was unclear how m ...More
EJ Insight2019-11-13
US President Donald Trump dangled the prospect of completing an initial trade deal with China “soon” but offered no new details on the negotiations, Reuters reports. Markets had been on edge about Tru ...More
EJ Insight2019-11-13
Saudi state oil giant Aramco will sell up to 0.5 percent of its shares to individual retail investors and will be restricted from issuing additional shares for a year after the initial public offering ...More
EJ Insight2019-11-11
Beijing could resort to military conflict with self-ruled Taiwan to divert domestic pressure if a slowdown in the world’s second-largest economy amid the trade war threatens the legitimacy of the Chin ...More
EJ Insight2019-11-07
British Prime Minister Boris Johnson tried to fire up supporters with a Brexit rallying cry on Wednesday after the first day of his election campaign was marred by a ministerial resignation, a gaffe a ...More
EJ Insight2019-11-07
Iran will not lift its ban on talks with the United States, Supreme Leader Ayatollah Ali Khamenei said on Sunday, describing the two countries as implacable foes, Reuters reports. “One way to block A ...More
EJ Insight2019-11-04
Charles Li Xiaojia, the chief executive of Hong Kong’s stock exchange operator, said on Friday he fully supported the “one country, two systems” formula for the Chinese-ruled city, after earlier sayin ...More
EJ Insight2019-11-01
Getting measles is even more dangerous than doctors had realized because it destroys immunity that the victim has acquired to other diseases, Reuters reports, citing two studies. The findings help to ...More
EJ Insight2019-11-01
Apple on Wednesday forecast sales for the crucial holiday shopping quarter ahead of Wall Street expectations, with CEO Tim Cook envisaging strong demand for wearables and new launches such as the nois ...More
EJ Insight2019-10-31
Crews lost ground against a wind-driven wildfire that has blackened a wide swath of California’s picturesque wine country and driven 180,000 people from their homes as they hoped for a break in the ho ...More
EJ Insight2019-10-28
The United Auto Workers union said it has chosen Ford Motor Co. as the next US automaker the union will negotiate with after workers at General Motors Co. approved a new contract deal, Reuters reports ...More
EJ Insight2019-10-28
Anti-government protesters set fire to shops and hurled petrol bombs after riot police fired tear gas, water cannon and rubber bullets to disperse thousands in the tourist district of Tsim Sha Tsui an ...More
EJ Insight2019-10-28
