The head of the Bank for International Settlements said governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis, Reuters reports ...More
EJ Insight2020-03-30
The Reserve Bank of India (RBI) slashed interest rates in an emergency move on Friday to counter the economic fallout from the coronavirus pandemic. The central bank lowered the benchmark repo rate by ...More
EJ Insight2020-03-27
The pan-democratic camp assailed the police for arresting a pro-democracy district councilor, calling the move a form of political revenge. Cheng Lai-king, chairwoman of the Central and Western Distri ...More
EJ Insight2020-03-27
The US Federal Reserve’s balance sheet soared past US$5 trillion in assets for the first time this week as it scooped up bonds and extended loans to banks, mutual funds and other central banks in an e ...More
EJ Insight2020-03-27
... an of the Central and Western District Council, was taken into custody from her home after she reshared a Facebook post which contained a photo, name, rank, and home address of a police officer who wa ...More
EJ Insight2020-03-26
... se Forces Central Hospital in Japan. While many appeared healthy throughout, a few other initially asymptomatic passengers quickly became seriously ill. Another study published on March 23, looking at ...More
EJ Insight2020-03-25
... ce as the central suspect in the case after more than 5 million South Koreans signed multiple petitions calling for authorities to release his name. Cho is accused of organizing an online network that ...More
EJ Insight2020-03-25
... ore. Only central governments have balance sheets large and strong enough to prevent the private sector’s collapse. But these deficit-financed interventions must be fully monetized. If they are financ ...More
EJ Insight2020-03-25
... at the US central bank will make direct loans to companies. King Lip, chief investment strategist at Baker Avenue Asset Management in San Francisco, said expectations on the stimulus bill were driving ...More
EJ Insight2020-03-25
Finance ministers and central bankers from the world’s 20 largest economies agreed to develop an “action plan” to respond to a coronavirus pandemic that the IMF now expects to trigger a global recessi ...More
EJ Insight2020-03-24
... for nine central banks to ease a global dollar crunch, Reuters reported. Also, two Republican US senators came under criticism last week for selling large amounts of stock before the coronavirus-indu ...More
EJ Insight2020-03-24
... by the US central bank beyond the financial markets, where it has so far concentrated its firepower, into the real US economy. “It’s their bazooka moment,” said Russell Price, chief economist at Ameri ...More
EJ Insight2020-03-24
... rk City’s Central Park in 1986. Weinstein’s conviction was hailed as a victory for the #MeToo movement against sexual misconduct by powerful men. More than 100 women, including famous actresses, have ...More
EJ Insight2020-03-23
... Sunday, a central bank official called for stepped-up global policy coordination to manage the economic impact of the pandemic. He said China’s recent policy measures were gaining traction, and it has ...More
EJ Insight2020-03-23
... by global central banks in launching their own digital currencies, Assia said institutional and professional investors will want more regulatory clarity before investing. A clear regulatory framework ...More
EJ Insight2020-03-23
... ow the US central bank to help a broad base of businesses to get through the next 90 to 120 days. Trump administration officials hoped to finalize the legislation on Sunday and see a vote on Monday, M ...More
EJ Insight2020-03-23
Lan Kwai Fong, a popular nightlife destination in Central, is emerging as a potential coronavirus hotspot after several people were found to have visited the area before they were confirmed to have co ...More
EJ Insight2020-03-20
... frica and Central and South America, however, are in week 1-5 – the very beginning of their epidemic cycle. Containing a pandemic requires strengthening the weakest links – in an individual hospital, ...More
EJ Insight2020-03-20
The US Federal Reserve’s balance sheet reached a record US$4.7 trillion this week and banks grabbed cut-rate loans from the central bank as efforts to blunt the economic damage of a global health cris ...More
EJ Insight2020-03-20
