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What will India do with 23 bln worthless banknotes?

... otes. The Reserve Bank of India, the country's central bank, spends more than US$400 million on currency production each year, about 1.5 percent of the global bank note industry, Bloomberg says. Most ...More

EJ Insight2016-11-23

Shenzhen HK stock link story getting better as yuan weakens

Federal Reserve chair Janet Yellen said Donald Trump’s victory won't change the plan for a rate increase “relatively soon,” sending the US dollar index higher and putting further downward pressure on ...More

EJ Insight2016-11-22

China may resort to yuan float if capital controls fail

... " Federal Reserve chairman Janet Yellen has indicated a rate hike could be appropriate "relatively soon" and investors anticipate Trump’s proposals to cut taxes and boost infrastructure will spur fast ...More

EJ Insight2016-11-22

Yellen: Fed may raise rates 'relatively soon'

The United States Federal Reserve could raise interest rates relatively soon, given the encouraging employment and inflation data, the central bank's chief said on Thursday. The results of the US pres ...More

EJ Insight2016-11-18

Trump era could mean financial turmoil for emerging markets

... e Federal Reserve had launched several rounds of quantitative easing after the 2008 financial crisis, pushing interest rates to ultra-low levels for quite a long time. But these measures have had limi ...More

EJ Insight2016-11-17

Dow surges to all-time high, financial sector hits 2008 levels

... s Federal Reserve President James Bullard said the Republican sweep of the White House and Congress could break the current gridlock over national policy in a potential boon to the US economy. Industr ...More

EJ Insight2016-11-11

Fed holds rates steady, flags December hike

The Federal Reserve has kept interest rates unchanged in its last policy decision before the US election but signaled a hike in December as the economy gathers momentum and inflation picks up. The US ...More

EJ Insight2016-11-03

Traders see low probability of Fed rate hike this week

Traders are not expecting the Federal Reserve to raise interest rates at its policy meeting later this week amid mixed economic data and ahead of the US presidential election. They put about a three-i ...More

EJ Insight2016-11-01

US dollar stays strong amid solid data, rate hike expectations

Upbeat US manufacturing data and the latest remarks by a Federal Reserve official have increased the chances for a rate hike before the year ends. The US dollar index soared to 98.85 on Monday, extend ...More

EJ Insight2016-10-26

Mainland investment in Hong Kong stocks suddenly dries up

... e Federal Reserve's looming rate increase. The benchmark Hang Seng Index rose 12 percent in the three months to September, the biggest gain in seven years, the report said. “It’s a bit of a mystery as ...More

EJ Insight2016-10-24

What challenges lie ahead for China after yuan’s SDR inclusion

...  exchange reserves portfolio. China's interest rate reform has achieved big progress since the official daily fixing reform in August last year. The Ministry of Finance has started to issue three-mon ...More

EJ Insight2016-10-19

HK equities: Brace for more volatility and buy on weakness

... . Federal Reserve chair Janet Yellen talked about high-pressure economy in a recent conference, indicating that easy monetary policy will still be the mainstay in a low-growth situation. This will pro ...More

EJ Insight2016-10-18

Why Yellen’s 'high-pressure economy' approach is a bad idea

US Federal Reserve chair Janet Yellen on Friday mentioned the concept of a "high-pressure economy” and hinted at the possibility of allowing inflation to run above the 2 percent target rate in order t ...More

EJ Insight2016-10-18

ADB: Asia in good shape to withstand higher US rates

... -exchange reserves and current-account positions since the sell-off that roiled developing nations during the so-called taper tantrum in 2013 when the US Federal Reserve signaled it would wind down bo ...More

EJ Insight2016-10-14

The worst is yet to come for the British pound

... e Federal Reserve and the Bank of England are likely to weigh on the pound. The US Federal Reserve ended its quantitative easing in 2014 but the Bank of England is being forced to pump more liquidity ...More

EJ Insight2016-10-13

Fed policymakers see rate hike soon but inflation doubts remain

Federal Reserve policymakers expect a rate hike "relatively soon" if the US economy continues to strengthen even as doubts on inflation remain. The minutes of the Sept. 20-21 meeting, at which the US ...More

EJ Insight2016-10-13

Sterling to weaken further on Brexit concerns

... e Federal Reserve will raise rates in December. Minutes of the latest meeting of the Federal Open Market Committee to be released on Wednesday would be scrutinized for more hints. The Bank of Japan is ...More

EJ Insight2016-10-12

Dollar climbs to seven-month high on expected rate hike

The US dollar soared to a seven-month high against major currencies on expectations the Federal Reserve will raise interest rates in December amid solid US economic data. Sterling continued its downwa ...More

EJ Insight2016-10-12

'Bad news' is good news for Hong Kong equities

... e Federal Reserve is widely expected to hike rates before the end of this year. These threats are overstated. The market has already factored in a US rate hike. As for Europe and Japan, which have bee ...More

EJ Insight2016-10-11

ICAC confirms six people arrested over match-fixing charges

... Hong Kong Reserve Division League, which was organized by the Hong Kong Football Association (HKFA) in the 2015-2016 football season. The bribes involved reportedly amounted to more than HK$90,000. Th ...More

EJ Insight2016-10-07

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