An interest rate hike is still likely this year after a US Federal Reserve official called last week's decision to stand pat a "close call". San Francisco Fed president John Williams said the argument ...More
EJ Insight2015-09-21
Last month, a wildlife conservation organization discovered a massive amount of mud leaking out from a fish pond near Tam Kon Chau Road at the Mai Po Nature Reserve. Two days later, the entire bank of ...More
EJ Insight2015-09-18
The US Federal Reserve kept interest rates unchanged Thursday but left open the possibility of a modest policy tightening later this year, Reuters reported. Fed chairwoman Janet Yellen said developmen ...More
EJ Insight2015-09-18
... e Federal Reserve is likely to increase volatility in capital flows and exchange rates in the emerging markets, the major destinations of Hong Kong exports, Kwan said. As a result, demand for Hong Kon ...More
EJ Insight2015-09-17
... ecoming a reserve currency by directly addressing the concerns of the International Monetary Fund about the renminbi’s inconvertibility. Beijing is campaigning for adding the renminbi to the currency ...More
EJ Insight2015-09-17
Hong Kong could see some capital outflow as the United States Federal Reserve prepares to raise interest rates, the head of Hong Kong Monetary Authority (HKMA) said on Wednesday. The US central bank i ...More
EJ Insight2015-09-17
Global investors are paying close attention to the US Federal Reserve as it begins a two-day meeting Wednesday. Now what exactly should the investors do after the central bank rate announces its rate ...More
EJ Insight2015-09-16
The market is awaiting the results of the US Federal Reserve meeting this week as well as the visit of Chinese President Xi Jinping to the United States later this month. The summit between the Chines ...More
EJ Insight2015-09-15
... ional and reserve currency widely used by private and official foreign investors. If Chinese officials are serious about pursuing this goal, they should stop focusing on the SDR and start developing s ...More
EJ Insight2015-09-14
All eyes will be on the US Federal Reserve this week as it decides whether to raise interest rates on Thursday. Fed officials are due to convene the Federal Open Market Committee, a crucial meeting ex ...More
EJ Insight2015-09-14
Many economists are sticking to predictions the Federal Reserve will lift interest rates next week, but money-market derivative traders still need convincing. Thirty-eight of 78 economists surveyed by ...More
EJ Insight2015-09-11
China’s foreign exchange reserves have kept sliding since mid-2014, after deducting the foreign trade surplus. In addition, the country has witnessed a continuous net outflow of capital since the thi ...More
EJ Insight2015-09-10
... e the REO reserve the right to cross-check the address with the voters, this doesn't happen often, as the office handles hundreds of thousand of such applications. That has emerged as a serious loopho ...More
EJ Insight2015-09-08
... -exchange reserves, thereby preventing the renminbi from appreciating as much as it would have had it floated freely. More recently, the authorities have been deploying every piece of policy artillery ...More
EJ Insight2015-09-07
... k Federal Reserve registers gold sales between national central banks. Clearly, the incentives and motives of art investors who are engaged in capital flight, or who want to hide or launder their mone ...More
EJ Insight2015-09-07
... k. Today, reserve currencies are not backed by gold. Their value is more slippery -- a function of supply and demand. The shift from the pound to the dollar reflected a passage of economic power betwe ...More
EJ Insight2015-09-05
US stocks slumped on Monday, rounding off a volatile month of trading, as investors fretted about slowing global growth and a potential interest-rate hike by the Federal Reserve in September. The S&am ...More
EJ Insight2015-09-01
... educe the reserve requirement ratio for commercial banks given a gloomy economic outlook. However, the latest attempt to shore up market liquidity may not be enough. Market participants have priced in ...More
EJ Insight2015-08-31
Central bankers from around the world are suggesting that they are ready for a US interest rate hike and that they would prefer that the Federal Reserve make the move without further ado, Reuters repo ...More
EJ Insight2015-08-31
... f foreign reserves – including at least several trillion US dollars’ worth of US Treasury debt. Although this looks impressive on paper, reserves of this magnitude are essentially useless. If China we ...More
EJ Insight2015-08-31
