... e Federal Reserve is expected to take a gradual approach in hiking interest rates. Hong Kong's real economy is being hurt by the currency peg. Besides, expectations of a Fed liftoff are triggering a c ...More
EJ Insight2015-12-08
China's renminbi is on course to become a world reserve currency after its inclusion in the International Monetary Fund's Special Drawing Rights (SDR) basket. The inclusion of the Chinese unit in the ...More
EJ Insight2015-12-08
... S Federal Reserve relentlessly drove down both short- and long-term interest rates. With college tuition soaring, the only way their children could get the education that would provide a modicum of ho ...More
EJ Insight2015-12-08
... S Federal Reserve from 2006 to 2014, will lead the PIMCO Global Advisory Board, Reuters reported. He was named a senior adviser of the Newport Beach, California-based bond investing firm in April. T ...More
EJ Insight2015-12-08
Hong Kong's property market is likely to face downward pressure when the US Federal Reserve increases interest rates for the first time in a decade, the Hong Kong Monetary Authority warns. The Fed is ...More
EJ Insight2015-12-07
... n in bank reserve requirement ratios, given that the renminbi still faces downside risk. As Beijing switches its focus to fiscal policy, the fiscal gap may widen further amid slowing revenue growth. T ...More
EJ Insight2015-12-07
... e Federal Reserve is normalizing its monetary policy, the low interest rate environment in other economies will support the demand for fixed income products. Thus, the yield of government treasuries i ...More
EJ Insight2015-12-07
... S Federal Reserve is unlikely to hike interest rates aggressively. However, that could change if US households' income and rents falls along with slower economic growth. What seems like a reasonable p ...More
EJ Insight2015-12-07
... and bank reserve requirement ratios also had some positive impact on new home sales. However, the sector is not out of the woods as oversupply is still a critical issue. Given the situation, authori ...More
EJ Insight2015-12-07
... S Federal Reserve is widely expected to raise interest rates at its mid-December meeting after keeping its key policy rate pinned near zero for the past seven years. A robust rise in November employme ...More
EJ Insight2015-12-07
The US Federal Reserve is set to raise interest rates soon, while Europe is poised to expand monetary easing to contain the deflationary risk. Clearly, the United States and Europe are treading diverg ...More
EJ Insight2015-12-05
... S Federal Reserve to raise its key interest rate by 25 basis points this month and steadily adjust the rate higher to take it to one percent by the end of 2016 and to 2 percent by the end of 2017. [Ch ...More
EJ Insight2015-12-04
Janet Yellen has set a bottom line for jobs growth in the United States. Speaking the day before a key employment report, the US Federal Reserve chairwoman said the US economy needs to add fewer than ...More
EJ Insight2015-12-04
Over the next few weeks, the US Federal Reserve and the European Central Bank are likely to put in place notably different policies. The Fed is set to raise interest rates for the first time in almost ...More
EJ Insight2015-12-03
China will keep the renminbi at a reasonable and balanced level following the International Monetary Fund's decision to add the unit to its reserve currency basket, the State Council said on Wednesday ...More
EJ Insight2015-12-03
Federal Reserve Chairwoman Janet Yellen on Wednesday expressed confidence in the US economy and said that she is "looking forward" to the central bank's first interest rate hike in nearly a decade. "W ...More
EJ Insight2015-12-03
... e Federal Reserve's tightening policy has made the global financing environment particularly challenging. And with the Fed moving more slowly than expected toward an anticipated interest rate hike, in ...More
EJ Insight2015-12-02
The International Monetary Fund said currencies beyond the dollar, euro, pound and yen may meet the same conditions as the Chinese yuan did to qualify for inclusion in the lender’s basket of reserve c ...More
EJ Insight2015-12-02
... y need to reserve cash to repay debt as interest rates increase. The MTR could face pressure to raise its fares and reduce fare rebates. The government should have the right to allocate the HK$19.5 bi ...More
EJ Insight2015-12-01
... rnational reserve asset created by the IMF to bolster glbal liquiidity. It is based on a weighted average of the value of a basket of currencies comprising the US dollar, euro, pound sterling, Japanes ...More
EJ Insight2015-12-01
