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Eurozone chiefs set emergency meeting amid Greek bank run

Eurozone leaders will try again to break an impasse over a bailout deal as Athens staggers toward default and Greek banks deal with a run on deposits. An emergency meeting is set for Monday after nego ...More

EJ Insight2015-06-19

Frustrated IMF has had it with Greece, quits bailout talks

The International Monetary Fund (IMF) has walked away from talks with Greece over an extension of the country's bailout program over lack of progress. Negotiators have been trying to find a way to ave ...More

EJ Insight2015-06-12

Daughter of Christine Fang safe after killer quake in Nepal

The daughter of Christine Fang, former chief executive of the Hong Kong Council of Social Services, is safe in Nepal after going missing for two days, Apple Daily reported Tuesday. Clara Cheung was am ...More

EJ Insight2015-04-28

What the world can gain from having yuan in SDR basket

The International Monetary Fund (IMF) will hold its next twice-a-decade review during which it will consider whether to include the yuan in the special drawing rights (SDR) system. China is pushing th ...More

EJ Insight2015-04-27

Key role seen for Hong Kong in Asia green revolution

Man-made climate change has led the world to a watershed moment and the cities of tomorrow are being formed today. A memorandum signed by several Nobel laureates on Saturday raised that point, with an ...More

EJ Insight2015-04-27

Buy online and collect at Circle K

Despite the growing popularity of online shopping, last-mile issues remain a challenge for e-tailers. One-year-old FingerShopping has found a cost-effective solution that could be a model for the indu ...More

EJ Insight2015-04-23

US should allow AIIB to stand or fall on its own merits

The United States was opposed to the China-led Asian Infrastructure Investment Bank ostensibly out of concern that it would adopt poor governance standards. But Washington’s real fear was that China ...More

EJ Insight2015-03-24

US rate rise may fuel instability in emerging markets: IMF chief

International Monetary Fund managing director Christine Lagarde warned that emerging markets may face another period of economic instability when the United States raises interest rates this year. The ...More

EJ Insight2015-03-18

Ukraine wins quick relief from IMF

Ukraine is getting an immediate US$10 billion lifeline from the International Monetary Fund (IMF) to shore up its struggling finances. The money is part of a four-year US$17.5 billion bailout and is l ...More

EJ Insight2015-03-12

Hard work begins after Greece wins eurozone reprieve

Greece has won a four-month extension of its eurozone financial rescue after creditors approved a reform plan. In turn, Athens backed away from some contentious proposals and promised to keep its budg ...More

EJ Insight2015-02-25

Australian PM Abbott unveils new measures to fight terrorism

Australian Prime Minister Tony Abbott on Monday announced a new crackdown on terrorism that could deny welfare payments to people seen as potential threats, strip the passports of those with dual nati ...More

EJ Insight2015-02-23

Umbrella Relief Fund set up for arrested protesters

A fund has been set up to help people who suffered financial losses as a result of joining the Occupy protests last year, Ming Pao Daily reported Friday. The Umbrella Relief Fund was launched by senio ...More

EJ Insight2015-02-13

Scholar names 3 former pan-democrats as suitable to run in 2017

Legal scholar Albert Chen Hung-yee has named three politicians with a pan-democratic background as suitable candidates for the 2017 election for chief executive, Apple Daily reported Tuesday. Chen, a ...More

EJ Insight2015-01-27

Air pollution in Hong Kong hits highest levels

Hongkongers were choking on air pollution that hit danger levels in most areas Wednesday, am730 reported, citing data from the Environmental Protection Department. The EPD has raise a public health wa ...More

EJ Insight2015-01-22

IMF slashes global growth forecast

The International Monetary Fund has lowered its forecast for global economic growth for this year and next. The world economy will grow 3.5 percent in 2015, down from the 3.8 percent pace projected in ...More

EJ Insight2015-01-20

Richest 1% will own over half of global wealth: Oxfam

The world's wealthiest 1 per cent will soon own more than the rest of its population put together, the charity Oxfam International says. The prediction will fuel a campaign to pile pressure on the ric ...More

EJ Insight2015-01-19

Swiss stun markets by removing cap on franc

Switzerland's central bank stunned markets Thursday as it abandoned a currency exchange rate ceiling put in place more than three years ago, sending the franc soaring against the euro. The Swiss Natio ...More

EJ Insight2015-01-16

Govt mulls desalination plant to increase water supply

The government plans to build a seawater desalination plant to increase Hong Kong's supply of drinking water, Apple Daily reported Wednesday. The plant, to be located in Tseung Kwan O, will cost HK$9. ...More

EJ Insight2015-01-07

Oil slide offers opportunity for carbon tax reform

The sharp drop in the price of crude oil since late June has been grabbing headlines worldwide – and producing a lot of contradictory explanations. Some attribute the fall largely to declining global ...More

EJ Insight2014-12-17

How US could use excess China cash

In recent weeks, there has been a chorus of opinion arguing for a sharp increase in global investment, particularly in infrastructure. Former United States Treasury secretary Lawrence Summers asserted ...More

EJ Insight2014-11-13

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