... ad a cash reserve of HK$2.5 million. Current spokesperson Wong Tsz-yuet said should the organization disband, its funds could be donated to other organizations sharing their beliefs. It was reported t ...More
EJ Insight2016-03-17
The US Federal Reserve held interest rates steady Wednesday and indicated that moderate US economic growth and "strong job gains" would allow it to tighten policy this year. Fresh projections show pol ...More
EJ Insight2016-03-17
The US dollar edged up in early trading Tuesday. The US Federal Reserve is unlikely to announce a rate hike at its meeting this week, but it may underline that, as long as inflation and the job marke ...More
EJ Insight2016-03-16
... e Federal Reserve Bank of New York, which it uses for international settlements, between Feb. 4 and Feb. 5. They managed to transfer US$81 million to entities in the Philippines, and the money was fur ...More
EJ Insight2016-03-16
Hong Kong stocks posted gains recently due to several factors. Investors took heart from a Wall Street rally, which came amid expectations that the US Federal Reserve might hold off on further rate h ...More
EJ Insight2016-03-15
The US Federal Reserve won't raise interest rates this week but will likely make it clear that as long as US inflation and jobs continue to strengthen, economic weakness overseas won't stop rates from ...More
EJ Insight2016-03-15
... e Federal Reserve Bank of New York, Deutsche Bank, or any other third party to flag suspicious activity. We can expect attacks of this nature to become more aggressive and cyber-attackers in general t ...More
EJ Insight2016-03-14
Bangladesh’s finance minister pledged to act against its central bank for not informing him about a cyber heist in which hackers broke into a Bangladesh Bank account with the Federal Reserve Bank of N ...More
EJ Insight2016-03-14
Alan Greenspan's consistent injection of liquidity to rescue falling US stock markets when he was chairman of the US Federal Reserve came to be known as the "Greenspan put". Taking a leaf out of Green ...More
EJ Insight2016-03-14
... S Federal Reserve's interest rate liftoff. The local market closed lower last year. In addition, plunging prices of various commodities, like oil, gas, coal, palm oil and rubber, have caused a signifi ...More
EJ Insight2016-03-12
... e Federal Reserve kept pumping money into the financial system and kept interest rates near zero. Sovereign debt China’s sovereign debt accounts for 43.5 percent of GDP, behind Japan’s 85 percent in 1 ...More
EJ Insight2016-03-12
... S Federal Reserve will view growth as a reason to continue raising interest rates, creating huge problems for emerging economies. There are other explanations for volatility besides fear, of course. T ...More
EJ Insight2016-03-11
... e Federal Reserve pointed out in a study in 2010 that holding cash also has its cost, about 0.36 percent a year. If the interest rate remains in a range of 0 to negative 0.35 percent, depositors are u ...More
EJ Insight2016-03-10
... ts in the reserve requirement ratio (RRR) and a plan to increase the fiscal deficit ratio. However, we don’t know how much of the liquidity released by the central bank would actually support the real ...More
EJ Insight2016-03-08
... into its reserve to cover its operating costs, thereby taking a toll on the financial soundness or even the quality of service of the agency. The government owes the public an explanation as to why i ...More
EJ Insight2016-03-07
... S Federal Reserve may not raise interest rates as much or as fast as previously feared, property consultant Colliers noted in a report. Even if the US economy accelerates, other countries could very w ...More
EJ Insight2016-03-07
... e Federal Reserve “taper tantrum”, a possible Greek exit from the eurozone, and a hard economic landing in China – that have fueled volatility in recent years. First, worries about a hard landing in C ...More
EJ Insight2016-03-07
... h the IMF reserve currency, it would help the global monetary system transition from a dollar-centric one to a more balanced and diversified framework. Also, it would reduce the single currency risk f ...More
EJ Insight2016-03-05
... e Federal Reserve would follow the five central banks in lowering interest rates to curb deflation. However, it seems negative interest rate remains an option for the United States as recent economic ...More
EJ Insight2016-03-04
... nd banks' reserve requirement ratio four times last year. By contrast, there has been little movement on the fiscal policy front. Fiscal stimulus may not be enough given that the property market has d ...More
EJ Insight2016-03-04