Hong Kong equities surged along with global markets after the US Federal Reserve announced a 25 basis points rate hike and kept its plan for two more rate increments within this year. Investors took c ...More
EJ Insight2017-03-17
The US Federal Reserve raised its benchmark interest rate for the second time in three months amid increased confidence over the prospects of the world's largest economy. In a widely expected move, th ...More
EJ Insight2017-03-16
The US is considering a deployment of up to 1,000 American soldiers to Kuwait to serve as a reserve force in the fight against Islamic State as US-backed fighters accelerate the offensive in Syria and ...More
EJ Insight2017-03-09
... needs to reserve some votes to back up Woo, just in case. Yet it turns out Woo didn't even need Beijing's behind-the-scene maneuver to secure his candidacy. In fact Beijing is adjusting its policy on ...More
EJ Insight2017-03-08
... S Federal Reserve may respond to such an increase by hiking its policy rate, a move that would ultimately lead to a rise in long-term interest rates and place further upward pressure on the dollar’s e ...More
EJ Insight2017-03-06
... y Federal Reserve officials who hinted at an interest rate hike this month. A March rate hike would be sooner than many investors expected and make it more expensive to borrow money to buy stocks but ...More
EJ Insight2017-03-02
Federal Reserve officials expect another hike in the US benchmark interest rate "fairly soon" due to an improving economy and anticipated inflationary pressures. According to minutes released Wednesda ...More
EJ Insight2017-02-23
... e Federal Reserve will pursue or even expedite the normalization of US interest rates. “Economic growth in Europe is still constrained by its structural debts. This, together with the Brexit developme ...More
EJ Insight2017-02-22
... tickets, reserve a table or split bills via peer-to-peer transfers -- then for sure we are no stranger to the high-pitched, strident sound of rejection when our Octopus has insufficient credit, as yo ...More
EJ Insight2017-02-20
US Federal Reserve chief Janet Yellen said on Tuesday that it’s “unwise“ to wait too long to raise interest rates as economic growth continues and inflation rises. Therefore, the Fed might accelerate ...More
EJ Insight2017-02-16
... e Federal Reserve provided Brazil with a US$30 billion swap line to help it navigate the global financial crisis. But imagine the outrage with which Trump’s supporters would greet a “taxpayer bailout” ...More
EJ Insight2017-02-16
Federal Reserve chairman Janet Yellen said more interest-rate increases will be appropriate if the US economy meets the central bank’s outlook of gradually rising inflation and tightening labor market ...More
EJ Insight2017-02-15
... S Federal Reserve Board's top bank regulator said last Friday that he would resign. The move by Daniel Tarullo is expected to give a boost to Trump's plan to deregulate the financial sector which had ...More
EJ Insight2017-02-14
China's foreign currency reserves dropped below the US$3 trillion level for the first time in nearly six years, data showed Tuesday, highlighting the challenges faced by Beijing in curbing capital out ...More
EJ Insight2017-02-08
... tal Works Reserve Fund (CWRF). These included funding requests for a Tiananmen Square-style town square in Yuen Long, a project that has met with fierce opposition both inside and outside Legco, and f ...More
EJ Insight2017-02-07
Philadelphia Federal Reserve Bank President Patrick Harker is open to raising interest rates again at the US central bank's March meeting if growth in jobs and wages continues, Reuters reports. "I sti ...More
EJ Insight2017-02-07
... Butterfly Reserve in Tai Po and grown there because they can attract some types of butterflies to spawn, he added. Separately, Greeners Action launched a campaign on Sunday with 500 depots set up at v ...More
EJ Insight2017-02-06
The US Federal Reserve is expected to keep interest rates unchanged in its first policy decision since President Donald Trump took office as the central bank awaits greater clarity on his economic pol ...More
EJ Insight2017-02-01
... educe the reserve requirement ratio later this year. If China continues with its accommodative monetary policy while the Fed is on course to tighten its monetary policy, the policy divergence will put ...More
EJ Insight2017-01-26
With the US economy close to full employment and inflation headed toward the Federal Reserve's 2 percent goal, it "makes sense" for the US central bank to gradually lift interest rates, Reuters report ...More
EJ Insight2017-01-19