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HKMA must negotiate new mainland deal on payment platforms

...  said all reserve funds of third-party payment platforms must be deposited with the central bank from Jan. 14. Payment platforms will be required to close out individual accounts for reserve funds by ...More

EJ Insight2019-01-08

A Chinese bank launches relay mortgages

... tting the reserve requirement ratio, the problem with banks is not the lack of liquidity, but rather the lack of good lending targets.  Given the importance of the property sector and the relatively l ...More

EJ Insight2019-01-07

Task force head urges prompt govt response to land supply report

... ural land reserve in the New Territories; and alternative uses of sites under private recreational leases, including the Fanling Golf Course. The other five, suggested as medium- to long-term solution ...More

EJ Insight2019-01-07

China said to mull plans for more financial aid to small firms

...  bank cut reserve rate requirements for a fifth time in a year, which is expected to free up US$116 billion in cash for new bank lending. Premier Li Keqiang also said on Friday that China would work t ...More

EJ Insight2019-01-07

China economy woes help US in trade talks: Trump

...  cut bank reserve requirements amid slowing growth at home and pressure from the US tariffs. -- Contact us at [email protected] RC ...More

EJ Insight2019-01-07

貿戰波及全球 經貿恐萎縮

... 行(Federal Reserve Bank of Chicago)去年12月中公布的最新資料,11月全國經濟 ...全文

今日信報EJ GlobalEJ GLOBAL plus 國金趨勢陸錦榮2019年01月05日

China to cut banks' reserve requirements and taxes

China will cut banks’ reserve requirement ratios (RRRs), taxes and fees, Premier Li Keqiang said on Friday, as the world’s second-largest economy shows further signs of cooling, Reuters reports. The m ...More

EJ Insight2019-01-04

HK's best chance of boosting land supply near term

... ural land reserve in the New Territories, which received 68 percent public support. The Task Force noted that private developers now hold over 1,000 hectares of agricultural land in New Territories, w ...More

EJ Insight2019-01-03

Trump calls December stock market fall a 'glitch'

... e Federal Reserve should help keep markets stable.  “We had a little glitch in the stock market last month,” he told reporters at a Cabinet meeting on Wednesday, adding that it had risen since he was ...More

EJ Insight2019-01-03

Xi says Taiwan independence would lead to disaster

... force and reserve the option of taking all necessary means,” he said, adding that the issue is China’s internal affair and that it would permit “no external interference”.  On Tuesday, Taiwan Presiden ...More

EJ Insight2019-01-02

Brexit does not matter

... e Federal Reserve, disrupting supply chains, and negotiating through random pronouncements. The eurozone is struggling to break out of its prolonged agonies, but the fundamental problem remains bad ba ...More

EJ Insight2019-01-02

Trade war exacting huge toll on US, China economies

... s Federal Reserve said.  The Big Three Detroit automakers – General Motors, Ford and Fiat Chrysler Automobiles – have each said higher tariff costs will result in a hit to profits of about US$1 billio ...More

EJ Insight2018-12-31

Survey points to a scaling back of bets on emerging market gains

Most financial market credit officers surveyed by the US Federal Reserve in November said their big clients were exposed to emerging markets but were scaling back bets emerging market assets would ris ...More

EJ Insight2018-12-28

Dow soars more than 1,000 points on short-covering, technicals

... S Federal Reserve faces no risk of losing his job and President Donald Trump is happy with his Treasury secretary, White House economic adviser Kevin Hassett said in an apparent attempt to calm Wall S ...More

EJ Insight2018-12-27

US Treasury chief calls bankers amid Wall St rout

... e Federal Reserve as well as the Securities and Exchange Commission. Wall Street is also closely following reports that Trump has privately discussed the possibility of firing Federal Reserve Chairman ...More

EJ Insight2018-12-24

2019 global equity market outlook

The outlook for global equities next year will highly depend on two major developments.  First, whether the Federal Reserve will slow down the pace of its tightening cycle or even halt the rate hikes ...More

EJ Insight2018-12-21

US, allies slam China for economic espionage; 'spies' indicted

... e US Army Reserve was arrested in Chicago for allegedly working for Chinese intelligence to recruit engineers and scientists, including some who worked for US defense contractors.  Australian official ...More

EJ Insight2018-12-21

Land supply panel said to propose golf course partial clawback

... ural land reserve in the New Territories; and alternative uses of sites under private recreational leases, including unlocking the land of the Fanling Golf Course for other uses. The other five, sugge ...More

EJ Insight2018-12-20

2019 won't be to everyone's taste

... S Federal Reserve to continue its policy of measured interest rate rises, in part also to offset the increase in the US budget deficit coming down the line. Muddling along, muddling through Closer to ...More

EJ Insight2018-12-20

Fed raises interest rates, signals slower pace next year

The US Federal Reserve on Wednesday raised interest rates for the fourth time this year time, but signaled fewer hikes next year than what had been projected earlier.  In a statement issued after a tw ...More

EJ Insight2018-12-20

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