... at the US central bank's regular policy meeting next week. The expectations are that policymakers will trim the benchmark rate by another half a percentage point, matching the size of the unscheduled ...More
EJ Insight2020-03-13
... apital of central China's Hubei province, recorded the five new confirmed cases on Thursday, the National Health Commission said, down from eight cases the previous day. The commission said on Thursda ...More
EJ Insight2020-03-13
... s and the central bank governor were undergoing self-quarantine as a precaution. Despite having relatively few confirmed infections, health authorities are keen to halt the spread of the virus, having ...More
EJ Insight2020-03-13
... European Central Bank disappointed markets by holding back on rate cuts. Trade was halted on the S&P 500 after it hit downdraft circuit breakers. It fell further when trade resumed, eventually lo ...More
EJ Insight2020-03-13
... market’s central bank and toward pumping more oil, even at a lower price, to prevent its reserves becoming a stranded asset. Till now, the kingdom has rarely produced above 10.5 million bpd despite h ...More
EJ Insight2020-03-12
Since its emergence in central China's Wuhan city in December last year, Covid-19 has quickly spread to other parts of the globe with the number of infections now exceeding 100,000 worldwide. Wearing ...More
EJ Insight2020-03-11
... , China’s central bank has more leeway to provide strong monetary stimulus without worrying too much about inflation pressure. With all that said, everybody would face a no-win situation if the oil pr ...More
EJ Insight2020-03-11
Tesla Inc. chief executive Elon Musk said he was looking for locations in the central United States to build a new factory for the company’s electric pickup truck, Reuters reports. “Scouting locations ...More
EJ Insight2020-03-11
... ctions in central Hubei province, the epicenter of the outbreak, continued to stabilize, with new cases declining for the sixth day. In Wuhan, the provincial capital, just 13 new infections were repor ...More
EJ Insight2020-03-11
... making. A central feature of the administration’s legislative proposal is payroll tax relief, although the extent and duration of the proposal were unclear. White House officials have also said the ad ...More
EJ Insight2020-03-11
... apital of central China's Hubei province, on Jan. 27. China came in for criticism at home and globally over its early response to the outbreak, suppressing information and downplaying its risks, but i ...More
EJ Insight2020-03-10
... om global central banks and governments calmed panic selling. Crude was also supported by hopes for a settlement and potential US output cuts, although gains could be temporary as oil demand continues ...More
EJ Insight2020-03-10
... rries the central government’s imprimatur. As chief executive, she has all the powers she needs to address Hong Kong’s underlying social problems. She does not need Beijing’s approval to establish an ...More
EJ Insight2020-03-10
... we expect central banks to cut policy interest rates further as well as use other, unconventional, monetary policy tools.” The US Federal Reserve on Monday sharply stepped up the size of its fund inje ...More
EJ Insight2020-03-10
... Wuhan in central China’s Hubei province by the fourth chartered flight arranged by the government. A 76-year-old female confirmed patient (the 99th case) died on Sunday afternoon, the third death cau ...More
EJ Insight2020-03-09
... the Wuhan Central Hospital; he died on the frontline on February 7, aged 34. On December 30, he warned of the risks of the virus. He and seven other doctors were summoned by the police and forced to w ...More
EJ Insight2020-03-09
... tions are centralized in large hubs. Financial activity is concentrated in the United States, for example, while China is the world’s manufacturing center. This structure is geared toward maximizing e ...More
EJ Insight2020-03-09
... that the central bank drops rates to zero and resumes asset purchases, Fels said. Other central banks, including in developing countries, are likely to ease policy further in coming weeks and months ...More
EJ Insight2020-03-09
... r India’s central bank placed the bank under a moratorium and imposed limits on withdrawals. A spokesman for Yes Bank did not immediately respond to a request for comment. Weighed down by an increasin ...More
EJ Insight2020-03-09
... with the central government is at an all-time high, and the lack of transparency over core information – such as quarantine lists – has spurred paranoia. It is high time that civil society steps in, ...More
EJ Insight2020-03-09
