... S Federal Reserve looks likely to hike rates, while much of the rest of the world struggles to kick-start growth. Expectations of a US hike have boosted the dollar, often to the detriment of emerging ...More
EJ Insight2015-11-17
... people to reserve cremation services in the next 15 days after receiving complaints that the reservations were always taken by industry professionals. To allow ordinary people to participate, the gove ...More
EJ Insight2015-11-16
... inbi as a reserve currency. This should act as an external force, as well as a confidence booster, for China to push for further reform, thus improving the structural underpinning for Chinese asset va ...More
EJ Insight2015-11-16
... cuts and reserve requirement ratio (RRR) reductions to stimulate growth. I believe that Beijing might shift to fiscal stimulus in the future. President Xi Jinping noted recently that the government n ...More
EJ Insight2015-11-16
... duced the reserve requirement ratio for banks by 0.5 percentage point on Oct. 23. It has made six rate cuts totalling 1.5 percentage points and four RRR reductions totalling 2.5 percentage points sinc ...More
EJ Insight2015-11-14
Stronger-than-expected October US jobs report has boosted the chances of a rate hike by the Federal Reserve in December. The structural problem in employment which Fed chief Janet Yellen has been con ...More
EJ Insight2015-11-14
The International Monetary Fund's designation of the renminbi as its fifth reserve currency will be either worth more than US$1 trillion in fund inflows or little more than symbolic, depending on how ...More
EJ Insight2015-11-13
More Federal Reserve officials appear to support a December increase in interest rates. "I see the risks right now of moving too quickly versus moving too slowly as nearly balanced," Reuters quoted Ne ...More
EJ Insight2015-11-13
It’s widely expected that the US Federal Reserve will hike interest rates next month. The Fed funds rate shows that the chance of a rate hike before year-end soared to nearly 70 percent recently from ...More
EJ Insight2015-11-12
... S Federal Reserve chairwoman Janet Yellen and her deputy, Stanley Fisher, who recently held out the possibility of an increase next month. Nevertheless, US employment suffers from structural decelerat ...More
EJ Insight2015-11-12
... S Federal Reserve raises interest rates. We will have more clues about whether the economy will stabilize in the fourth quarter and the central bank’s next move after fixed investment and retail sales ...More
EJ Insight2015-11-11
... lenders' reserve requirement ratio and benchmark interest rates before the end of this year. Over 50 percent of enterprises expect a downtrend in the currency's value in the coming 12 months, accordi ...More
EJ Insight2015-11-10
... f foreign reserves. And what was true of China was also true of other emerging-market countries receiving capital inflows. These countries’ foreign reserves, mainly held in US securities, topped US$8 ...More
EJ Insight2015-11-10
... t all its reserve money and that it hopes people will make more donations to help the organization continue its work. – Contact us at [email protected] BT/JP/RC ...More
EJ Insight2015-11-09
... S Federal Reserve follows through on raising interest rates at the end of this year, as has been suggested, the global economy – and especially emerging markets – could be in serious trouble. Global d ...More
EJ Insight2015-11-09
... k as bank reserve deposits. Further reductions in interest rates and reserve requirement ratios will boost liquidity and help companies lower their cost of borrowings and loan servicing. As for stock ...More
EJ Insight2015-11-07
... cial bank reserve requirement ratios. But those initiatives alone won't be enough. Authorities need to push ahead with more structural reforms in the economy to ensure long-term sustainable growth. T ...More
EJ Insight2015-11-07
... ate cuts, reserve requirement ratio reductions and its own version of quantitative easing. The People’s Bank of China announced a double-barreled easing on Oct. 23. It’s the sixth rate cut and fifth R ...More
EJ Insight2015-11-07
... of global reserve assets within six years, given an initial weighting of 10-15 percent in the basket, Société Générale estimated. That is equivalent to US$540 billion-US$810 billion. Nevertheless, Be ...More
EJ Insight2015-11-06
An ex-Goldman Sachs Group employee has pleaded guilty to illegally obtaining confidential information from a former colleague at the Federal Reserve Bank of New York. Rohit Bansal, a former associate ...More
EJ Insight2015-11-06
