US federal prosecutors said Hong Kong’s former home affairs secretary Patrick Ho Chi-ping had sought to land lucrative business deals and oil rights in Chad and Uganda for a Chinese energy conglomerat ...More
EJ Insight2018-11-28
... r, the US Federal Aviation Administration (FAA) and Indonesia’s Directorate General of Civil Aviation. At Indonesia’s request, Boeing issued an advisory about MCAS to airlines earlier this month. That ...More
EJ Insight2018-11-28
... an the US Federal Reserve should stop gradually raising interest rates? The answer is no. Monetary policy cannot mitigate the damage done by foolish trade policies. The biggest trade conflict is betwe ...More
EJ Insight2018-11-27
... s, the US Federal Reserve did not push for deleveraging right away to rectify the situation of excessive gearing. The Fed knew well that banks and those who have borrowed subprime mortgages had high l ...More
EJ Insight2018-11-27
... violating federal antitrust law by monopolizing the sale of paid apps, leading to inflated prices compared to if apps were available from other sources. Though developers set the prices of their apps, ...More
EJ Insight2018-11-26
The US banking sector posted US$62 billion in profits in the third quarter, up 29.3 percent from the same period a year ago, Reuters reports, citing quarterly data from the Federal Deposit Insurance C ...More
EJ Insight2018-11-21
... by the US Federal Reserve has driven the dollar and prompted rate hikes around Asia. This should boost banks’ net interest margins, while stabilizing credit costs will support earnings. We are also op ...More
EJ Insight2018-11-20
... - The US Federal Communications Commission voted unanimously to allow Musk's Tesla Space X, Telesat Canada and two other companies to roll out new satellite-based broadband services. The FCC voted to ...More
EJ Insight2018-11-16
The Federal Communications Commission on Wednesday launched the agency’s first high-band 5G spectrum auction as it works to clear space for next-generation faster networks, Reuters reports. Bidding st ...More
EJ Insight2018-11-15
... nreported federal inquiries follow an ongoing shareholder lawsuit in which investors allege that Snap misled the public about how competition from Facebook Inc.’s Instagram service had affected the co ...More
EJ Insight2018-11-14
... es Former Federal Reserve chair Janet Yellen said US interest rate hikes are causing the country's trade deficit to widen, not unfair trade practices, Bloomberg reported. Higher interest rates are put ...More
EJ Insight2018-11-14
... policy of Federal Reserve. For years, the city should have hiked interest rates amid strong economic growth in Hong Kong and the mainland. However, the Fed kept a low-rate environment to ensure its ec ...More
EJ Insight2018-11-13
... es by the Federal Reserve will most likely continue and that the fiscal policy already implemented will be maintained. Economic growth, employment and wages have been important factors in giving bette ...More
EJ Insight2018-11-12
... dermine a federal probe into Russian meddling in the 2016 presidential election, democratic lawmakers called for immediate hearings, Reuters reports. Trump forced the resignation of Sessions on Wednes ...More
EJ Insight2018-11-09
... ed with a federal court in Brooklyn on Thursday. The lawsuit came after UBS rejected a government proposal that it pay nearly US$2 billion to settle, according to a Reuters source. While UBS was not a ...More
EJ Insight2018-11-09
The US Federal Reserve held interest rates steady on Thursday following a policy meeting, but signaled that it remains on track to keep gradually tightening borrowing costs. Keeping the fed funds rate ...More
EJ Insight2018-11-09
... Former US Federal Reserve chair Ben Bernanke famously characterized this much-studied phenomenon as a key component of the “global savings glut.” Thus, instead of leading to lower global real interest ...More
EJ Insight2018-11-08
... cking the federal courts with judges who can be counted on to strike down policies that their donors and supporters oppose. Important recent books, such as Duke University historian Nancy MacLean’s De ...More
EJ Insight2018-11-07
A US federal judge ruled on Tuesday that chipmaker Qualcomm must license some of its technology to competitors such as Intel Corp, Reuters reports. The preliminary ruling came in an antitrust lawsuit ...More
EJ Insight2018-11-07