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SDR call will reflect future hopes as well as current use of RMB

... ed on the SWIFT network continues to edge up. In September, the renminbi accounted for 2.5 percent of total payments, up from 1.7 percent a year earlier. That makes the renminbi the fifth-most used gl ...More

EJ Insight2015-11-27

How to invest amid stronger dollar, weaker yuan

... ording to SWIFT data. The rapid development of renminbi products also offers new options. The market now provides various yuan-denominated funds, bonds and derivatives. The Shanghai-Hong Kong Stock Co ...More

EJ Insight2015-11-21

Pentagon chief to visit US warship in South China Sea

... ral Scott Swift, commander of the US Pacific Fleet, was on board a Boeing P-8 surveillance plane as it carried out a seven-hour flight over the South China Sea. Swift said his flight was routine, but ...More

EJ Insight2015-11-05

Uber driver gets life sentence for Delhi rape

... emand for swift justice. "We are happy that justice has been delivered and that the process didn't take that long," said Madhur Verma, deputy commissioner with the Delhi police. The victim, a woman wo ...More

EJ Insight2015-11-04

How offshore RMB echoes onshore trading

... ording to SWIFT data. The currency has also climbed to the fifth spot in terms of foreign exchange trading and second in trade financing. The global use of the Chinese yuan is very close to that of fo ...More

EJ Insight2015-10-17

PBoC seen cutting key rate, reserve requirement ratio in weeks

... data from SWIFT shows. The Hongkong and Shanghai Banking Corp. Ltd. deputy chairman and chief executive Peter Wong Tung-shun expects the use of renminbi to flourish as the country pursues its financia ...More

EJ Insight2015-10-07

India rejects Pakistan peace proposal

...  issued a swift rebuttal, accusing Pakistan of claiming to be the primary victim of terrorism while "in truth, it is actually a victim of its own policy of breeding and sponsoring terrorists". On Thur ...More

EJ Insight2015-10-02

Taliban attack airport after taking control of key Afghan city

... aign. The swift gains in Kunduz are a major setback for the government of President Ashraf Ghani, which marked its first year in power on Tuesday, and raised questions over how ready Afghan forces wer ...More

EJ Insight2015-09-30

FIFA suspends No. 2 official after ticket allegations

... rted. The swift action against Valcke is another major blow for Blatter as questions about corruption during his 17-year reign build, the news agency said. The allegations against Valcke come on top o ...More

EJ Insight2015-09-18

Germany reimposes border controls amid refugee flood

...  "We need swift progress on the Commission's proposals now," the Commission said in a statement issued as tens of thousands of people fleeing war and poverty in Syria and other parts of the Middle Eas ...More

EJ Insight2015-09-14

Say it loud and clear: No to Individual Visit Scheme

... g to take swift action against cross-border parallel trade and cap the number of visitors coming to Hong Kong under the IVS. It was an unprecedented victory for Hong Kong, despite the fact that some h ...More

EJ Insight2015-09-09

Secretary for justice faces a time of tests

... o issue a swift statement to reject claims of political prosecution. Yuen denied that the charges are intended to affect the district council elections in November. He said the inclination to label th ...More

EJ Insight2015-08-27

Don’t forget the anniversary of the 831 Resolution

... ause once swift and severe sentences have become the norm with the court in dealing with anti-government protesters, the result is likely that the police will get even tougher on them, putting the pan ...More

EJ Insight2015-08-26

Greece seeks bailout deal fast as ECB payment deadline nears

... g to make swift progress in order to have a deal preferably before the 20th of August so the disbursement can be made under the new ESM program,” European Commission spokeswoman Mina Andreeva told rep ...More

EJ Insight2015-08-10

Taliban rocked by leadership struggle as top official quits

A top Taliban official has resigned amid a growing leadership struggle in the Afghan insurgent movement after news of the death of leader Mullah Mohammad Omar last week. The swift announcement that Om ...More

EJ Insight2015-08-05

HSBC selling unprofitable Brazil unit to Bradesco for US$5.2 bln

... tcome and swift delivery of one of our stated actions," Gulliver said in the HSBC statement. HSBC was advised on the deal by Goldman Sachs Group Inc. Bradesco was advised on the transaction by its own ...More

EJ Insight2015-08-03

Taylor Swift teams up with JD.com, Alibaba to fight fakes

American pop star Taylor Swift will sell her own branded clothing in China through tie-ups with leading e-commerce players JD.com and Alibaba Group. In a bid to curb fake merchandise and unauthorized ...More

EJ Insight2015-07-22

US admiral flew surveillance mission over South China Sea

A top US Navy admiral said he joined a surveillance flight over the disputed South China Sea on Saturday but gave no specific details. Admiral Scott Swift, commander of the US Pacific Fleet, confirmed ...More

EJ Insight2015-07-20

What's the true risk behind the A-share market rout?

... ther, the swift correction represented mostly wealth transfer between the winners and losers, but not a permanent destruction of wealth or future income stream. Even after the 32 percent correction, t ...More

EJ Insight2015-07-17

Mexican drug lord escapes through underground jail tunnel

... Guzman'st swift recapture. -- Contact us at [email protected] CG/RA ...More

EJ Insight2015-07-13

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