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Fed was afraid of negative interest rates: Stanley Fischer

A fear of negative interest rates kept the US Federal Reserve from raising rates earlier than some policymakers had hoped, according to Stanley Fischer, the central bank's former vice chairman. "The p ...More

EJ Insight2018-11-05

Trump touts economy as US midterm vote nears

...  the last federal election when the White House was not at stake. On Sunday Trump and former US president Barack Obama made dueling election appearances, offering sharply different views on the countr ...More

EJ Insight2018-11-05

The next financial crisis

... spite the Federal reserve normalization. What will the next crisis look like? Nothing like the last one, in my opinion. Contagion is much more difficult because there have been some lessons learnt fro ...More

EJ Insight2018-11-02

Will Trump's anti-immigrant fear-mongering work in US midterms?

... ional for federal troops to intervene in any domestic law enforcement operation. The 5,200 US troops to be sent to the US-Mexico border can only, in theory, fulfill a subsidiary role and assist the st ...More

EJ Insight2018-11-02

US indicts China, Taiwan firms over Micron trade secrets

... r 2017 in federal court in California, accusing them of secret infringement of intellectual property related to its DRAM chips after prosecutors in Taiwan charged two Micron employees with stealing tr ...More

EJ Insight2018-11-02

US charges financier, former Goldman bankers for 1MDB

... es Act, a federal law targeting official bribery abroad. At least six countries, including Malaysia, the United States and Switzerland, have been investigating alleged thefts from 1MDB. The 1MDB inves ...More

EJ Insight2018-11-02

Standing firm against recession

... lone, the federal government will likely borrow more than USD 1 trillion in fiscal year 2018 and businesses will need to refinance about US$4 trillion of bonds, almost all of them at higher interest r ...More

EJ Insight2018-11-01

Chinese officers charged in US over jet engine data hack

... ers cited federal prosecutors as saying. According to an indictment unsealed on Tuesday, prosecutors noted that at the time of the intrusions, a Chinese-state owned aerospace firm was working to devel ...More

EJ Insight2018-10-31

WikiLeaks' Assange says Ecuador seeking to end his asylum

... ehalf. US federal prosecutors in Alexandria, Virginia, have maintained a long-running grand jury investigation into WikiLeaks, which according to one source includes a probe into leaks of Central Inte ...More

EJ Insight2018-10-30

Germany's Merkel to step down in 2021

... r. At the federal election in 2021, I will not stand,” she added. The move sets in motion the process for the CDU to settle on and prepare Merkel’s successor. The euro fell briefly and German governme ...More

EJ Insight2018-10-30

How protectionism poisons innovation

... es of the Federal Reserve Board and University of Nottingham’s Giammario Impullitti, we find that protectionist policies discourage innovation by domestic companies, and thereby hamper growth. When yo ...More

EJ Insight2018-10-29

Qualcomm says Apple US$7 billion behind in royalty payments

...  cases in federal court in San Diego. Apple has disputed the amount of royalties that it owes to Qualcomm. Apple has argued that Qualcomm is forcing it to pay for the same patents twice, once when App ...More

EJ Insight2018-10-29

Far-right Bolsonaro rides rage to Brazil presidency

... on of the federal government’s budget deficit. “We are going to think in terms of more Brazil and less Brasilia,” he said, referring to the nation’s capital. The president-elect said he would shift Br ...More

EJ Insight2018-10-29

Musk says tweet that led to US$20 million fine 'Worth It'

... mail. The Federal Bureau of Investigation is examining whether Tesla misstated information about the production of its Model 3 sedans and misled investors about its business going back to early 2017, ...More

EJ Insight2018-10-29

Hong Kong should set up an emergency alert system

... 7, the US Federal Communications Commission adopted the “Wireless Emergency Alerts” system, which enables government agencies and other institutions to send emergency alerts to mobile phone users in t ...More

EJ Insight2018-10-25

Democrats blame Trump rhetoric after suspected bombs intercepted

...  Biden, a federal official told Reuters late on Wednesday. None of the eight packages detonated, and nobody was hurt. There was no immediate claim of responsibility. But news of the bomb threats heigh ...More

EJ Insight2018-10-25

Apple boss slams 'weaponization' of customer data

Apple chief executive Tim Cook said customer data is being “weaponized with military efficiency” by companies to increase profit and called for a federal privacy law in the United States, Reuters repo ...More

EJ Insight2018-10-25

Huawei opens up to German scrutiny ahead of 5G auctions: report

... Germany's Federal Office for Information Security (BSI) was quoted as saying that Huawei, China's largest telecoms equipment maker, will open the lab on Nov. 16 in Bonn, where the BSI and other key re ...More

EJ Insight2018-10-24

Is China heading towards stagflation?

... then, the federal fund rate was at 5.25 percent rather than 2.25 percent. If the PCE index maintains its current level, US inflation is likely to pick up. The tax cut the Trump administration introduc ...More

EJ Insight2018-10-23

Winter is coming?

... . And the Federal Reserve's normalization pace is unlikely to be adequate to get interest rates high enough before the next recession. Besides, the European Union and Japan are still mired in zero rat ...More

EJ Insight2018-10-19

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