... t allow a sharp devaluation of the currency, because that will lead to increasing capital outflows. Moreover, as the International Monetary Fund has decided to add the renminbi to its special drawing ...More
EJ Insight2016-01-27
An unusual cold wave sweeping across many parts of Asia and North America helped oil prices stage a sharp bounce on global markets last week. The rebound may have also stemmed from perceptions that th ...More
EJ Insight2016-01-26
... s and the sharp income disparity between rural and urban areas. Returning migrants tend to be more worldly and wealthy than when they left, as well as more entrepreneurial, Minter wrote. The number of ...More
EJ Insight2016-01-26
... ents drew sharp criticism, with netizens accusing Leung of playing politics on the back of homeless people. There is also suspicion that the visit to the cold shelter was a publicity stunt, with Leung ...More
EJ Insight2016-01-25
Middlemen are enticing people from South Asia and Southeast Asia to come to Hong Kong as refugees with promises of housing and jobs. They are mainly responsible for a sharp increase in fake asylum see ...More
EJ Insight2016-01-25
... ve posted sharp falls. Even some blue-chip housing estates like Cityplaza have gone through deep corrections. Meanwhile, the price ratio between large flats and small and medium-sized units has starte ...More
EJ Insight2016-01-23
The signs are there -- an A-share market meltdown, a sharp renminbi devaluation, turmoil in the Hong Kong stock market and a falling Hong Kong dollar. So, are we seeing a replay of the 1997-1998 Asia ...More
EJ Insight2016-01-22
... anks to a sharp drop in arrivals from the mainland. That puts the casino city back to where it was in the pre-casino deregulation era. Walking past the almost empty Grand Lisboa baccarat tables and sl ...More
EJ Insight2016-01-22
Taiwan's Foxconn group has made a 625 billion yen (US$5.3 billion) offer to acquire Japan's Sharp Corporation, the Wall Street Journal reported, citing people familiar with the matter. Sharp is expect ...More
EJ Insight2016-01-22
... wards its sharpest slowdown in a decade on the back of rising US interest rates and a strong US dollar. Some hedge funds are taking bets again on Hong Kong breaking the currency link in order to salva ...More
EJ Insight2016-01-20
Foreign firms are scrambling for deals with Iran as the Gulf nation ordered a sharp increase in oil output to take immediate advantage of the lifting of international sanctions. Other companies, howev ...More
EJ Insight2016-01-19
... enminbi’s sharp devaluation also shocked global markets. Although the central government managed to control the onshore renminbi exchange rate, the spread of rates between that and the offshore exchan ...More
EJ Insight2016-01-18
... cted in a sharp increase in the number of Polish participants in a recent HKTDC Food Expo. “Hong Kong has been the gateway to the Chinese market for our food industry,” said Lucjan Zwolak, deputy pres ...More
EJ Insight2016-01-18
... ng posted sharp decline at one point last year. New issuances of dim sum bonds have almost stopped. Offshore yuan lending has contracted. These developments in the offshore renminbi market are reminis ...More
EJ Insight2016-01-16
... inducing sharp fluctuations in the region's currency markets. Offshore yuan tumbled to 6.75 against the US dollar, down 2.77 percent from the year before. The price spread between the onshore and of ...More
EJ Insight2016-01-15
Banks are selling foreclosed properties at a sharp discount amid falling home prices. Hong Kong could see up to 10,000 foreclosures this year in a worst-case scenario, the Hong Kong Economic Journal r ...More
EJ Insight2016-01-12
