... g foreign reserves that will help them in repaying their debts. Data shows their foreign reserve pool has grown to US$8.4 trillion by the end of 2014 from only US$0.9 trillion in 1990. Still, their he ...More
EJ Insight2016-02-01
... e Federal Reserve has signaled four rate hikes are likely in 2016 but the market expects just one or two. Continued market turmoil and subdued inflation could hold back the Fed from hiking interest ra ...More
EJ Insight2016-01-29
... e Federal Reserve started raising interest rates. More importantly, a strong dollar is likely to erode the city's competitive advantages. Hong Kong should have cut interest rates given the city's weak ...More
EJ Insight2016-01-29
Does China have enough foreign exchange reserves to defend the yuan? In principle, yes. In practice, maybe not. According to a methodology developed by the International Monetary Fund, reserve adequa ...More
EJ Insight2016-01-29
... S Federal Reserve on Wednesday decided the leave the benchmark interest rate unchanged, the Hong Kong Economic Journal reported on Friday. Hang Seng Bank Ltd. (00011.HK) executive director Andrew Fung ...More
EJ Insight2016-01-29
... S Federal Reserve - and other major central banks - faces significant challenges. While the Fed was finally able to raise rates from zero, the question is for how long? Remember, the European Central ...More
EJ Insight2016-01-28
US interest rates were left unchanged on Wednesday, signaling the Federal Reserve has accounted for the stock market selloff. Policymakers said they are "closely monitoring" global economic and financ ...More
EJ Insight2016-01-28
... . Foreign reserves are a necessary tool to keep the exchange rate stable. China recorded a US$595 billion trade surplus in 2015, but its foreign exchange reserves fell by US$513 billion, indicating th ...More
EJ Insight2016-01-27
... S Federal Reserve launched the first round of QE in late 2008. And loose monetary policy also bolstered bond markets. Companies got busy with mergers and acquisitions amid booming equity and debt mark ...More
EJ Insight2016-01-27
... e Federal Reserve to slow its pace of interest rate hikes. January crude oil futures were once traded at US$26 recently, marking an oversold status. So I believe technical factors also fueled the rebo ...More
EJ Insight2016-01-26
... the major reserve currencies used to calculate the Special Drawing Rights in which the IMF lends to its members. "These are very important institutional elements which strengthen the IMF," Padoan said ...More
EJ Insight2016-01-25
... Pensions Reserve Fund (NPRF) and China's sovereign wealth fund -- China Investment Corporation (CIC) -- announced the establishment of a US$100 million investment fund focused on Irish and Chinese te ...More
EJ Insight2016-01-24
China has no choice but to shift its economic growth model and boost the share of services in its economy, former US Federal Reserve chairman Ben Bernanke said on Tuesday. As manufacturing and propert ...More
EJ Insight2016-01-19
... which won reserve status from the International Monetary Fund in November, needs time to establish itself as a stable currency, according to Raymond Yeung, a senior economist at Australia & New Ze ...More
EJ Insight2016-01-18
China’s central bank will impose required reserve ratios on yuan deposits in the mainland of participating offshore banks in a bid to stabilize the currency. The move will take effect from Jan. 25, Bl ...More
EJ Insight2016-01-18
... and as a reserve currency after the collapse of the Bretton Woods System. Since then, the well-developed offshore market has cemented the dominance of the US dollar. Chinese policymakers consider ren ...More
EJ Insight2016-01-16
... exchange reserves dropped by a record US$107.9 billion in December. The impact has rippled through currencies, equities and other asset classes. How should investors position themselves in such a vo ...More
EJ Insight2016-01-16
... S Federal Reserve would raise interest rates and that the renminbi would depreciate became stronger, senior mainland officials insisted there weren't any fundamental reasons for the currency to weaken ...More
EJ Insight2016-01-15
... exchange reserves to stabilize the renminbi, the more it will stoke expectations of devaluation because of concerns the strategy is not sustainable. The PBoC decision may help boost the renminbi exch ...More
EJ Insight2016-01-14
... e Federal Reserve uses in deciding when to raise interest rates. It is true that employment data are already seasonally adjusted to allow for normal weather differences in temperate zones; constructio ...More
EJ Insight2016-01-12
