The People's Bank of China's cutting of interest rates and banks' reserve requirement ratios on the weekend can help improve the Chinese economy, Financial Secretary John Tsang Chun-wah said. The two- ...More
EJ Insight2015-06-29
... S Federal Reserve chairman Alan Greenspan, who lowered rates after market meltdowns in what became known as the “Greenspan put”, Bloomberg reported. The Shanghai Composite Index fell 7.4 percent Frida ...More
EJ Insight2015-06-29
The US Federal Reserve kept the federal funds rate in the zero to 0.25 percent range at its recent policy meeting. Immediately, Fed officials tangled on the timing of a highly anticipated liftoff. Fif ...More
EJ Insight2015-06-27
... ic fiscal reserves of HK$819.5 billion (US$105.7 billion) and foreign currency reserve assets of up to US$332.2 billion as at the end of March. Finland has a population of 5.5 million, smaller than Ho ...More
EJ Insight2015-06-27
The US dollar has gained strength after US housing sales increased 2.2 percent in May from April, although durable goods orders dipped for the second straight month. The majority of Federal Reserve of ...More
EJ Insight2015-06-25
... o speak. “Reserve your energy,” Tsang advised them. He told Chan to speak instead. Chan did not try to filibuster. After Tsang rejected Lam's request, Lam and DAB veteran Ip Kwok-him led the walkout i ...More
EJ Insight2015-06-25
... , you can reserve an appointment with a doctor through Koubei, then order through the same platform for something easy to go down -- a congee set perhaps -- for pick-up on your way home after the cons ...More
EJ Insight2015-06-25
... ut in the reserve requirement ratio. Liu expects CNH interbank rates to fall this week as the lock-up period expires for some new mainland listings. Translation by Vey Wong [Chinese version中文版] -- Con ...More
EJ Insight2015-06-24
... while the reserve requirement ratio (RRR) for commercial lenders may also be lowered by 50 basis points twice. In other comments, Jerram said the renminbi is likely to depreciate moderately to 6.4 aga ...More
EJ Insight2015-06-23
... the IMF’s reserve asset, the Special Drawing Right – a move that, while appropriate, would do little for medium-term growth. But, if China is to replicate the success of Japan, South Korea and Taiwan, ...More
EJ Insight2015-06-22
It would not be surprising if China were to cut the required reserve ratio (RRR) for banks by half, to about 9 percent, in the next two or three years to boost the economy, Credit Suisse research anal ...More
EJ Insight2015-06-18
US interest rates will remain near zero for now but the Federal Reserve is leaning toward liftoff later this year amid signs economic activity is picking up. Federal Reserve chief Janet Yellen is warn ...More
EJ Insight2015-06-18
... duced the reserve requirement ratio in order to lower the financing costs for businesses. Meanwhile, the government has pushed forward the reform agenda, including SOE reform, innovation, and financi ...More
EJ Insight2015-06-17
... he banks' reserve requirement ratio (RRR) to bolster economic growth. That could lend some support to the market. The latest data shows the slowdown in economic growth has started to stabilize. Indust ...More
EJ Insight2015-06-16
... S Federal Reserve exceeded its authority in the insurer's 2008 bailout. While Judge Thomas Wheeler of the Federal Court of Claims in Washington, D.C., sided with Greenberg on a key legal claim, the de ...More
EJ Insight2015-06-16
... rnational reserve asset currently incorporating the US dollar, euro, British pound and Japanese yen. He made the remarks after a forum in Hong Kong Monday on offshore renminbi. The criteria the IMF us ...More
EJ Insight2015-06-15
Market attention is now on the US Federal Reserve meeting that will be held June 16-17. It appears that a rate hike is coming closer as indicated by various data and Fed chief Janet Yellen’s remarks. ...More
EJ Insight2015-06-13
... e Federal Reserve in the United States in the wake of the 2008 financial crisis. Chinese stocks have gone through years of a bear market and distressed valuations, as the market is skeptical about the ...More
EJ Insight2015-06-13
... urity and reserve some time for the police to get ready," Chan told. Kenneth Chan Ka-lok, another lawmaker, said he does not agree with plans to allow the police to enter the Legco and get ready in ad ...More
EJ Insight2015-06-12
... e Federal Reserve will hold off on policy tightening following the disappointing US first-quarter GDP data, but such thinking may be off the mark, said Will Shum, a portfolio manager at fundsupermart. ...More
EJ Insight2015-06-11
