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Iran frees detained US sailors

Iran freed ten US sailors a day after detaining them for straying into Iranian waters, bringing a swift end to an incident and signaling better ties between the two sides in the wake of a historic nuc ...More

EJ Insight2016-01-14

RMB faces a bumpy road amid China 'trilemma'

... S dollar. SWIFT's RMB Tracker shows that the Chinese unit was among the top four world payment currencies by value as of August 2015, overtaking the Japanese yen and reaching a record high share of 2. ...More

EJ Insight2016-01-09

[Hong Kong's Top Story 2015] The Tin Soldier

... uting and swift scrapes of blades against the ice edging closer. The world was a blur, and all that I know is that the practice performance of “The Steadfast Tin Soldier” had come to a halt as I found ...More

EJ Insight2015-12-24

Facebookers are talking about Taylor Swift but she's not No. 1

... on Taylor Swift's fourth studio album, Red. In the A Team, nominated for song of the year at the Grammy Awards in 2013, Sheeran performed with Elton John. He then spent much of the year opening for Sw ...More

EJ Insight2015-12-10

Spotify caves to pressure after Taylor Swift snub

... s. Taylor Swift pulled all her music from Spotify after a dispute over her new album 1989. Swift withdrew her entire catalog because the streaming service would not bend on a core principle that all a ...More

EJ Insight2015-12-09

Yuan overtakes HK dollar, greenback in Sino-Japan trade

... nication (SWIFT) said. The Chinese unit overtook the Hong Kong dollar and the US dollar for such payments. The Japanese yen remains the largest payment currency between Japan and mainland China or Hon ...More

EJ Insight2015-12-02

Adele's '25' shatters records with 3.38 mln copies sold in US

... by Taylor Swift's "1989". Adele's coup is remarkable in an industry that has seen a steady decline in sales. At the turn of the millennium, retailers were selling about 700 million CDs a year, while l ...More

EJ Insight2015-11-30

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

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