The US Federal Reserve has left interest rates unchanged but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Fed chair Janet Yell ...More
EJ Insight2016-09-22
Bitcoin is money and can be accepted as payment for goods and services, a US federal judge has ruled. The decision is linked to a criminal case over hacking attacks against JPMorgan Chase & Co. an ...More
EJ Insight2016-09-20
... likely in federal court but Preet Bharara, the U.S. attorney for the southern district of New York, said authorities would take their time. Rahami had not previously been identified as dangerous but h ...More
EJ Insight2016-09-20
... ture. The federal government last month blocked the sale of the country's biggest power network, Ausgrid, to state-owned State Grid Corp. of China and Cheung Kong Infrastructure Holdings Ltd. (01038.H ...More
EJ Insight2016-09-20
... ared, the Federal Reserve may hold back from its tightening its monetary policy. If that happens, the US dollar, and thus the Hong Kong dollar, won't become stronger, and that will be good news for th ...More
EJ Insight2016-09-19
Although the market is closely watching the Federal Reserve’s rate decision, the climbing yields in major government bond markets may actually offer more important implications. As we noted earlier, w ...More
EJ Insight2016-09-19
... ion hubs. Federal Bureau of Investigation investigators will examine remnants of the bomb plus an unexploded device found four blocks away as well as a pipe bomb that exploded about 80 miles (130 kilo ...More
EJ Insight2016-09-19
... lsewhere, Federal Reserve governor Lael Brainard warned against moving too quickly on rate hikes in a speech in Chicago on Monday. She called for "prudence in the removal of policy accommodation”, cit ...More
EJ Insight2016-09-14
The Hang Seng Index slumped over 800 points on Monday, the worst performer in the global market, amid expectation that the Federal Reserve might hike interest rates as early as this month. Hong Kong's ...More
EJ Insight2016-09-13
The Federal Reserve is likely to leave interest rates steady after a senior Fed official said it should avoid removing support for the US economy too quickly. In comments Monday, Fed governor Lael Bra ...More
EJ Insight2016-09-13
... th the US federal government, trying to get that lifted to 18,000, or 20,000," Mark A. Brown, chief executive of Imperial Pacific, told EJ Insight in an interview. "We have 3,000 employees for our fir ...More
EJ Insight2016-09-12
... ed by the federal agency, Reuters reports. "We regret and take responsibility for any instances where customers may have received a product that they did not request," the bank said of a settlement re ...More
EJ Insight2016-09-09
Today’s investors are finding it difficult to navigate the low-yield environment. The pace of the US Federal Reserve’s tightening of interest rates, coupled with volatility in energy prices and equit ...More
EJ Insight2016-09-07
... e, the US Federal Reserve is holding fire on the next interest rate increase after US non-farm payroll rose by 151,000 in August, below an expected 180,000. The Bank of England, on the other hand, has ...More
EJ Insight2016-09-06
US prosecutors have shot down claims by a Macau billionaire in a UN bribery trial that he is being prosecuted to slow China's influence over developing nations. Federal prosecutors rejected as "fantas ...More
EJ Insight2016-09-02
... s? Latest Federal funds rate indicates that the chance for a rate hike this year has jumped to as high as 60 percent recently. That compares with a trough of zero to 10 percent between late June and e ...More
EJ Insight2016-09-01
Remarks made by Federal Reserve chair Janet Yellen and vice chair Stanley Fischer have reignited speculation that interest rates will be raised soon, sending gold prices to a five-week low. Yellen sai ...More
EJ Insight2016-08-31
... o most US federal laws. Saipan used to have full control of its immigration and labor policies. Local and foreign investors took advantage of this to import cheap labor from China and Southeast Asia . ...More
EJ Insight2016-08-30
... filed in federal court in San Jose, California, on Saturday. Todd Cleary of California, Jun Bai of Delaware and Thomas Davidson of Pennsylvania are named plaintiffs in the lawsuit, which accuses Appl ...More
EJ Insight2016-08-30
