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US preparing cases linking North Korea to theft at NY Fed: WSJ

US prosecutors are building cases that would accuse North Korea of directing the theft of US$81 million from the Bangladesh central bank's account at the Federal Reserve Bank of New York last year, th ...More

EJ Insight2017-03-23

ZTE pleads guilty in US court over Iran sanctions

Chinese telecom equipment maker ZTE Corp. has pleaded guilty in US federal court for conspiring to violate US sanctions against Iran by illegally shipping US goods and technology to the country. The g ...More

EJ Insight2017-03-23

China, EU cut meat imports from Brazil

...  Brazil's Federal Police into meatpacking companies, calling their findings "alarmist" and saying they used a few isolated incidents to tarnish an entire industry that maintains rigorous standards. An ...More

EJ Insight2017-03-21

FBI chief confirms probe into Russia-Trump campaign ties

Director James Comey of the US Federal Bureau of Investigation confirmed for the first time that the bureau is investigating possible ties between Republican Donald Trump's presidential campaign and R ...More

EJ Insight2017-03-21

Hardline Hindu ascetic named chief of India's Uttar Pradesh

... es to the federal parliament from Gorakhpur in eastern Uttar Pradesh, has been magnanimous in victory, pledging to uphold Modi's slogan of 'sabka saath, sabka vikas' ('all together, development for al ...More

EJ Insight2017-03-20

Why investors shouldn't be too complacent about rate prospects

Hong Kong equities surged along with global markets after the US Federal Reserve announced a 25 basis points rate hike and kept its plan for two more rate increments within this year. Investors took c ...More

EJ Insight2017-03-17

Hawaii judge halts Trump's new travel ban

A US federal judge in Hawaii dealt another legal blow to President Donald Trump on Wednesday, issuing an emergency halt to his revised travel ban just hours before it was set to go into effect early o ...More

EJ Insight2017-03-16

Fed raises rates amid improved US economic outlook

The US Federal Reserve raised its benchmark interest rate for the second time in three months amid increased confidence over the prospects of the world's largest economy. In a widely expected move, th ...More

EJ Insight2017-03-16

US charges Russian spies, hackers in massive Yahoo hack

...  Russia’s Federal Security Service (FSB) is the successor to the KGB. Yahoo said when it announced the then-unprecedented breach last September that it believed the attack was state-sponsored, and on ...More

EJ Insight2017-03-16

Trump to drop climate change from environmental reviews: report

... rights on federal lands. Among other changes, the new executive order is expected to instruct regulators to rescind regulations limiting oil industry emissions of methane, a particularly potent greenh ...More

EJ Insight2017-03-15

Iraqi forces kill IS commander as Mosul battle enters key phase

Iraqi forces said on Tuesday that they killed a top commander of the Islamic State (IS) in Mosul as a battle for the militants' last stronghold in Iraq entered a key phase. Reuters quoted federal poli ...More

EJ Insight2017-03-15

US states mount legal challenge to Trump's revised travel ban

... halted by federal courts, the state of Washington, along with California, Maryland, Massachusetts, New York and Oregon, filed court papers in a bid to prevent the March 6 order from taking effect, the ...More

EJ Insight2017-03-14

How a knowledge-based economy powers the UAE

... he entire federal monarchy. Thanks to its well-established federal system under which the seven-member emirates are entitled to a high degree of autonomy, the UAE has been well-known for social and po ...More

EJ Insight2017-03-13

Washington restaurant sues Trump over alleged unfair competition

... ed by the federal government, violates a rule that bars elected officials from being party to the lease or benefiting from it. "We simply want to level the playing field so that all District of Columb ...More

EJ Insight2017-03-10

Why US tightening may not hurt HK home prices now

Market participants are factoring in a 90 percent chance for a March rate hike by the US Federal Reserve, as indicated by latest Fed funds futures. It is generally expected that the central bank will ...More

EJ Insight2017-03-09

US judge allows Hawaii to challenge Trump's new travel ban

The state of Hawaii can sue over President Donald Trump's new executive order temporarily banning the entry of refugees and travelers from six Muslim-majority countries, a federal judge ruled on Wedne ...More

EJ Insight2017-03-09

US, China monetary tightening poses risk to HK equities

Financial markets had earlier been factoring in a 30 percent chance for a March rate hike by the US Federal Reserve. Now, after a series of comments from Fed officials, including chair Janet Yellen, t ...More

EJ Insight2017-03-08

America's bad border tax

... e. The US Federal Reserve may respond to such an increase by hiking its policy rate, a move that would ultimately lead to a rise in long-term interest rates and place further upward pressure on the do ...More

EJ Insight2017-03-06

White House seeks probe into Trump's accusation of Obama wiretap

... US law, a federal court would have to have found probable cause that the target of the surveillance is an "agent of a foreign power" in order to approve a warrant authorizing electronic surveillance o ...More

EJ Insight2017-03-06

Is the US shedding its 'world's policeman' role under Trump?

... osal, the federal government is going to divert an extra US$54 billion to the Pentagon in the 2018 fiscal year, thereby driving total military expenditures up to US$603 billion, almost twice as much a ...More

EJ Insight2017-03-03

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