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Sergeant a suspect after wife's parachute fails to open

... while her reserve chute only partially opened, enough to slow her descent. The experienced parachutist "very nearly lost her life" in what should have been a routine jump, BBC cited a police officer a ...More

EJ Insight2015-05-11

China cuts interest rates again as economy falters

... elax bank reserve requirements and cut rates again in the coming months to counter the headwinds facing the world's second-largest economy. The People's Bank of China (PBoC) said on its website Sunday ...More

EJ Insight2015-05-11

Yellen says stock valuations 'quite high'

US Federal Reserve chief Janet Yellen warned Wednesday of potential dangers from high equity valuations but said that risks to financial stability remained generally in check. "I would highlight that ...More

EJ Insight2015-05-07

High-speed rail link costs seen up 40% at HK$90 bln

... t it will reserve the right to pursue the matter in a court of law. According to the agreement, the government can seek for compensation from MTR for any violations, but the amount is capped at HK$4.5 ...More

EJ Insight2015-05-06

Monetary easing to support stock markets this year

... duced the reserve requirement ratio (RRR) for banks by 0.5 percentage point on February 4, the first cut since May 2012. And the PBoC reduced the one-year benchmark interest rate by 0.25 percentage po ...More

EJ Insight2015-05-05

SOE reform to trigger more investment opportunities

... r cut the reserve requirement ratio to 16 percent. Nevertheless, it’s quite difficult to pick the timing for execution. A rule of thumb is to collect these stocks amid correction and take profit with ...More

EJ Insight2015-05-05

Why short selling can add value to China stocks

... S Federal Reserve found that the ban actually made the crisis worse. It exacerbated volatility, increased price declines and cost investors an additional US$500 million in trading costs. Ironically (o ...More

EJ Insight2015-05-05

China banks' 2015 profit growth seen below 5%: DBS Vickers

... e in bank reserve requirement ratio (RRR) this year. Net profit of the Chinese lenders will also be curbed by the deposit insurance system, which will formally be launched in the second half of the ye ...More

EJ Insight2015-05-05

Fed chief met firm at heart of leak probe, denies impropriety

Federal Reserve chief Janet Yellen met with a research firm that later published confidential details from the central bank but said she did not know where the information had come from,  Yellen met w ...More

EJ Insight2015-05-05

Is 'sell in May' good advice for investors?

... s cut the reserve requirement ratio for banks and increased short-term and targeted lending. There is room for further interest rate cut given the mounting economic slowdown pressure. As a result, the ...More

EJ Insight2015-05-04

New flats selling like hot cakes during Labor Day holiday

... S Federal Reserve to delay its rate hike plan because of the unexpectedly tepid economic growth in the last quarter. – Contact us at [email protected] CG ...More

EJ Insight2015-05-04

Credit Suisse lifts Hong Kong equity view to outperform

... sis point reserve requirement ratio (RRR) cut by the People’s Bank of China has signaled a more aggressive monetary easing stance in response to rising deflation risks, liquidity pressure from continu ...More

EJ Insight2015-04-30

Why Chinese stocks may be still undervalued

...  and bank reserve requirement ratio (RRR) cuts and reverse repurchase programs. The expected monetary easing has already become the catalyst for market speculation. The mainland market has seemingly f ...More

EJ Insight2015-04-30

Shadow banking activities in China slowing down: Moody's

... slash the reserve requirement ratio (RRR), which has already been down by 150 basis points to 18.5 percent. It will also inject more cheap money into the system through PSL -- collateralized credit of ...More

EJ Insight2015-04-30

Fed lowers outlook, signaling delay in rate hike

The Federal Reserve downgraded its view of the US labor market and economy, suggesting it may have to wait until at least the third quarter to begin raising interest rates. The Fed is taking a meeting ...More

EJ Insight2015-04-30

PSL or QE? Whatever you call it, the endgame is the same

... rates and reserve requirement for commercial banks to achieve those objectives.  Also, by law, the central bank is prohibited from offering direct financing to the government. Apart from these monetar ...More

EJ Insight2015-04-29

Mainlanders suspected of occupying HK campsites for profit

... ission to reserve the area.  But many local campers believe some enterprising mainlanders plan to rent them out for the coming Labor Day weekend. Local residents and campers are furious. While others ...More

EJ Insight2015-04-29

Why Chinese bank counters are in a marathon, not sprint

... cut their reserve ratio requirement and the central government announced a debt swap with local governments. At present, their price-to-earnings ratio is about six to seven times and yields are close ...More

EJ Insight2015-04-28

China QE speculation sends renminbi reeling to 13-month low

... ering the reserve requirement ratio for commercial banks. Shen Jianguang, managing director and chief Asia economist of Mizuho Securities (Asia) Ltd., said there is a need to inject liquidity into the ...More

EJ Insight2015-04-28

China may abolish investor schemes in SDR push

... rnational reserve assets comprising the the US dollar, euro, British pound sterling and Japanese yen. It was created by the IMF in 1969 to supplement the foreign exchange liquidity of its members. The ...More

EJ Insight2015-04-28

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