The US Federal Reserve Board on Monday adopted a rule that limits its ability to extend emergency loans to failing financial firms. The decision came after the central bank faced criticism earlier ove ...More
EJ Insight2015-12-01
... will help Reserve Bank of India Governor Raghuram Rajan to hold interest rates at current levels when the central bank's monetary policy committee meets on Tuesday. It also offers respite to Prime Min ...More
EJ Insight2015-12-01
The International Monetary Fund (IMF) on Monday decided to add China's renminbi to the fund's reserve currency basket, terming the move as a milestone that should encourage Beijing to carry out furthe ...More
EJ Insight2015-12-01
... nto their reserves after the redback joins the SDR basket. The moves will be made in an orderly manner in the next three quarters. Now, will the inclusion offset market concerns about the Chinese unit ...More
EJ Insight2015-11-30
The International Monetary Fund is expected to officially announce on Monday the addition of the Chinese currency to its reserves basket, an acknowledgement of the renminbi, also known as yuan, as a m ...More
EJ Insight2015-11-30
... e Federal Reserve Bank of New York pointed out as early as 15 years ago that the high-yield bonds' spread contains a sea of financial market information, which helps in predicting the market much bett ...More
EJ Insight2015-11-28
... exchange reserves were held in renminbi at the end of last year. That’s up from 0.7 percent at the end of 2013, but still insignificant relative to the US dollar, which accounts for 63.7 percent of t ...More
EJ Insight2015-11-27
... S Federal Reserve won’t be the trigger for a property correction, since the rate hikes will be very modest and gradual. Instead, the financial turmoil the rate hikes will cause, in particular the one- ...More
EJ Insight2015-11-26
... S Federal Reserve and the European Central Bank, launched various monetary easing measures that released an unprecedented amount of liquidity. Seven years later, the amount of funds flooding the world ...More
EJ Insight2015-11-26
... lenders' reserve requirement ratio to boost the economy. Meanwhile, the Secretary for Financial Services and the Treasury Ceajer Chan Ka-keung said the pace of renminbi internationalization is expect ...More
EJ Insight2015-11-25
The US Federal Reserve is almost certain to raise interest rates in its next board meeting on Dec. 16, with financial markets now pricing in a 75 percent probability of a rate hike. Meanwhile, market ...More
EJ Insight2015-11-24
US Federal Reserve Chairwoman Janet Yellen has defended the central bank's low-rate policy of the past several years, saying such stance was needed to spur the economy at a critical time. In a letter ...More
EJ Insight2015-11-24
The Hang Seng Index is likely to rally further amid improving market sentiment after hitting a 20-day average of 22,653 points last week. The Federal Reserve has sent a clear signal for the first US ...More
EJ Insight2015-11-23
... e Federal Reserve wound up quantitative easing at the end of last year, a US rate hike has been a question of when, not if. Delays of the anticipated move have somehow undermined the Fed’s reputation. ...More
EJ Insight2015-11-23
There have been some arguments that the US Federal Reserve should hold off on its rate hike as the supporting factors for wage growth are still weak in the country, and as the global economy is also p ...More
EJ Insight2015-11-21
... rate and reserve requirement ratio (RRR) cuts a good or bad thing? And can the cuts save the Chinese economy and the stock market? Rate cuts are just one tool to lift a sagging economy. If a healthy ...More
EJ Insight2015-11-21
... un out of reserve funds by 2017. Moscow, which receives over 50 percent of the country’s foreign direct investment, is aggressively seeking to attract foreign investment, especially from China. Should ...More
EJ Insight2015-11-21
... S Federal Reserve suggest the currency should fall. Fear of capital flight and expected inflows on the back of the yuan's inclusion in the International Monetary Fund’s Special Drawing Rights basket s ...More
EJ Insight2015-11-20
... S Federal Reserve's expected interest rate hike. If the Fed begins raising rates, bond investors may find it hard to exit while stocks can benefit from improved confidence about an economic recovery. ...More
EJ Insight2015-11-19
... ents will reserve the right to submit evidence that they were not at the scene of the alleged crime. Chainrai said any such evidence must be brought to the court's attention before the next hearing. C ...More
EJ Insight2015-11-18
