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Australia bars all foreign visitors in coronavirus fight

... ment. The Reserve Bank of Australia (RBA) slashed interest rates to an all-time low and embarked on a quantitative easing program for the first time, while the government unveiled A$15 billion in loan ...More

EJ Insight2020-03-19

Containing the dollar credit crunch

... S Federal Reserve can provide the necessary dollar liquidity on a sufficient scale. Although it has suffered undeserved political criticism at home, the Fed did its duty in the last crisis. In additio ...More

EJ Insight2020-03-19

S Korea loosens FX derivative rules to ease dollar shortage

... S Federal Reserve has not only cut rates to near zero and pledged to pump hundreds of billions of dollars into markets, it has also cut the pricing on its dollar swap lines with foreign central banks ...More

EJ Insight2020-03-18

Fed moves to backstop funding for US firms amid Covid-19 crisis

The US Federal Reserve moved Tuesday to ensure the flow of credit to US companies, banks and even local governments amid a nationwide scramble for ways to blunt the economic fallout from the coronavir ...More

EJ Insight2020-03-18

Americans may get US$1,000 checks in US$1 trillion stimulus plan

... e Federal Reserve took further steps to boost liquidity amid the impact of the coronavirus pandemic on the global economy and markets. The benchmark S&P 500 closed up 6 percent after the central b ...More

EJ Insight2020-03-18

Fed slashes rates in another emergency move

The US Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help support the economy amid the fallout of the global coronavirus pandemic. Coordinating its action with ...More

EJ Insight2020-03-16

Rate cuts alone won't help the world ride out Covid-19 crisis

The Covid-19 pandemic has triggered panic-selling in stock markets around the world. In the United States, the Federal Reserve intervened and slashed interest rates by half a percentage point last wee ...More

EJ Insight2020-03-13

World markets rout deepens as virus panic worsens

... k Federal Reserve surprised by pumping huge amounts of cash into the banking system, aiming to head off the sort of dislocation that saw markets seize up during the financial crisis. After adding US$5 ...More

EJ Insight2020-03-13

US govt commission rolls out doomsday plan for cyberwar

... ary cyber reserve force, and a unique State Department bureau for cyber issues. Since 2015, large-scale cyberattacks, such as the so-called WannaCry ransomware outbreak, have crippled hospitals, gover ...More

EJ Insight2020-03-12

Saudi Arabia, Russia raise stakes in oil production standoff

...  has cash reserves and the ability to borrow to deal with a price plunge for now. Russia needs about US$42 to balance its books and also has hefty cash reserves it can draw on. Iraq and some other OPE ...More

EJ Insight2020-03-11

Wall Street clobbered as crude plummets, virus crisis deepens

... S Federal Reserve on Monday sharply stepped up the size of its fund injections into markets to head off stress. Having delivered an emergency rate cut only last week, investors are fully pricing an ea ...More

EJ Insight2020-03-10

PIMCO warns worst yet to come for economy amid coronavirus

... e Federal Reserve to cut interest rates at least another 50 basis points, and there is a possibility that the central bank drops rates to zero and resumes asset purchases, Fels said. Other central ban ...More

EJ Insight2020-03-09

India's Yes Bank founder arrested on money-laundering charges

... sday, the Reserve Bank of India (RBI) took control of Yes Bank and said it would work on a revival plan. State Bank of India said on Saturday it would invest funds to buy a 49 percent stake in Yes Ban ...More

EJ Insight2020-03-09

Will China resort to massive monetary easing again?

... e Federal Reserve suddenly announced a 50-basis-point rate cut on Tuesday. In Hong Kong, the government announced recently a HK$10,000 cash handout for all permanent residents aged 18 or above. Stimul ...More

EJ Insight2020-03-06

Apple, Samsung take a hit due to coronavirus

... ed supply reserve to last one month at most. Also, LG Innotek, a supplier of iPhone camera modules, was forced to shut down a factory in South Korea in the wake of the coronavirus outbreak. Given such ...More

EJ Insight2020-03-04

Fed unveils emergency rate cut amid coronavirus concerns

The US Federal Reserve announced a 50-basis-point cut in interest rates on Tuesday in a bid to support the economy amid concerns over the fallout of the global coronavirus outbreak. Policymakers unani ...More

EJ Insight2020-03-04

US officials seek to calm market panic over coronavirus

... , Federal Reserve chair Jay Powell sought also to quell fears, stoked by dire economic data from China, flagging that the central bank would take action if necessary to support the economy, which he s ...More

EJ Insight2020-03-02

【跨市博弈】勿忘「在別人恐懼時貪婪」的逆向思維

... e Federal Reserve acted like a “leader” and lowered int ...全文

即時新聞即巿股評2020年03月02日

加州患者延檢測 美防疫工作多漏洞
隔離營人員欠訓練 特朗普冀疫情奇蹟消失

... March Air Reserve Base),兩個基地均被用作隔離從中國或其他疫區撤離返國的美國公民。《紐時 ...全文

今日信報EJ Global新冠肺炎2020年02月29日

Experts warn no country will be spared from coronavirus

... S Federal Reserve will move aggressively to cut borrowing costs in coming months in response to the effects of the coronavirus on the economy. Politicians are also scrambling to respond. President Don ...More

EJ Insight2020-02-28

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