... ng to the Reserve Bank of Australia, about 15 per cent of SWIFT payments between Australia and mainland China and Hong Kong in 2015 were denominated in renminbi, up from 3 percent in 2012. We are seei ...More
EJ Insight2016-04-08
... lenders' reserve requirement ratio, the Hong Kong Economic Journal reported. The country's ability to pursue reforms has been underestimated while its currency valuation moves should be seen as progr ...More
EJ Insight2016-04-08
... e Federal Reserve tapering of its bond-buying program. It rose to 100.39 in the first quarter last year from a low of 80. The index has hovered around 94-100. That means the index has been consolidat ...More
EJ Insight2016-04-07
... S Federal Reserve will raise interest rates, will an expanded negative interest rate scheme in Japan lead to the same market reaction as we saw on Jan. 29? 3. A side effect of quantitative easing poli ...More
EJ Insight2016-04-07
... move, the Reserve Bank of Australia kept the cash rate at 2 percent. The Australian dollar has been rising since touching bottom in January. It has great support at 0.737 against the greenback but in ...More
EJ Insight2016-04-06
Hong Kong and mainland stocks took a roller coaster ride in the first quarter. The gyrations came despite some certainty about US interest rates after Federal Reserve chairman Janet Yellen downplayed ...More
EJ Insight2016-04-05
... recent FX reserve losses have largely been a result of valuation effect and capital outflows stemming from Chinese companies repaying foreign debt and portfolio (hot money) outflows. However, there is ...More
EJ Insight2016-04-05
... t foreign reserves to prop up its exchange rate and stem the flow of funds fleeing the country. The PBoC’s governor, Zhou Xiaochuan, has repeatedly stated that there is no basis for continued deprecia ...More
EJ Insight2016-04-05
... y Federal Reserve chief Janet Yellen about US interest rates. The Fed’s cautious stance has checked a rally in the US dollar and provided some relief to commodities. Also, it helped ease China’s capit ...More
EJ Insight2016-04-01
Some regional heads of the US Federal Reserve caused worry in the financial markets recently by suggesting that the central bank will continue to raise interest rates as planned. However, chairwoman J ...More
EJ Insight2016-04-01
A Chinese casino junket operator has returned US$4.63 million of the US$81 million stolen by hackers from the Bangladesh central bank's account in the US Federal Reserve and laundered in Manila's casi ...More
EJ Insight2016-04-01
As Federal Reserve chief Janet Yellen mentioned in her speech recently, the appreciation of the dollar would impose pressure on inflation and exports. Her words imply that a strong dollar will not las ...More
EJ Insight2016-03-31
Global equity markets rallied following dovish comments from Federal Reserve chairwoman Janet Yellen on Tuesday. Short-sellers rushed to wind up their positions, and fund managers bought more shares. ...More
EJ Insight2016-03-31
... e Federal Reserve released three rounds of quantitative easing monetary policies to stimulate the economy. Everything is still so vivid in my memory. Seven years later, the US finally started to norma ...More
EJ Insight2016-03-30
Slowing US consumer spending, coupled with easing inflation, is dampening expectations for an imminent increase in the Federal Reserve's benchmark rates. The US dollar index, a measure of the greenbac ...More
EJ Insight2016-03-30
... e Federal Reserve Bank of New York it uses for international settlements. Many attempted transfers were blocked but US$81 million ended up in casinos in Manila and with junket operators and most of it ...More
EJ Insight2016-03-30
Federal Reserve chair Janet Yellen said the US central bank should proceed cautiously in raising interest rates, pushing back on a handful of her colleagues who have suggested another move may be just ...More
EJ Insight2016-03-30
... S Federal Reserve hinted last week that there will be fewer rate hikes than expected this year. The central bank has a cautious outlook on the global economy. The dovish tone of the Fed has surprised ...More
EJ Insight2016-03-23
Bangladesh's central bank is weighing the possibility of a lawsuit against the Federal Reserve Bank of New York after hackers stole US$81 million from the Bangladesh bank's account with the NY Fed, ac ...More
EJ Insight2016-03-23
... e foreign reserves, it has the means to restore order in the financial market. The size of that war chest has been shrinking but we expect it to remain above US$2.8 trillion by the end of the year. An ...More
EJ Insight2016-03-22
