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Brexit vote prompted Fed to stay pat on rates: minutes

US Federal Reserve officials decided that interest rate hikes should stay on hold until they get a clear picture on the consequences of Britain's vote on EU membership, according to minutes of the cen ...More

EJ Insight2016-07-07

地緣政治學費貴 只睇經濟真濕滯

... al risk', Federal Reserve Board, 10 May 2016, mimeo. 交通 ...全文

今日信報理財投資文人經略何文俊2016年07月07日

What's the impact of Brexit on Hong Kong's housing market?

... cond, the Federal Reserve is unlikely to hike interest rates, and may in fact cut rates. The Brexit vote has disturbed the timetable of Fed in raising rates, and thus it may hold off a further rate hi ...More

EJ Insight2016-07-04

Why people resist new technologies

... onse, the federal government introduced new restrictions on margarine, covering everything from labeling (as with genetically modified foods today), the use of artificial coloring, and interstate move ...More

EJ Insight2016-07-04

Tesla crash may delay US guidelines for self-driving cars

... gation by federal and state authorities, who are looking into whether the driver was distracted before his 2015 Model S went under a truck trailer. Advocates of automating driving point to research th ...More

EJ Insight2016-07-04

Currency markets face further volatility after Brexit

... e. The US Federal Reserve may raise interest rates only once at the most this year given the market turmoil caused by Brexit. The hike may come after the Fed meeting in September or December. Japanese ...More

EJ Insight2016-06-30

UN news outlet in bribe case denies link to Chinese officials

... l after a federal prosecutor on Monday said evidence had linked Chinese officials to the media outlet. Prosecutors had previously said South-South News was used to funnel bribes from Ng Lap Seng, a bi ...More

EJ Insight2016-06-30

Brexit: What now for the markets?

... . The US Federal Reserve, meanwhile, may become more cautious regarding interest-rate hikes.  Michael Metcalfe, Head of Global Macro Strategy at State Street Global Markets, said the key question now ...More

EJ Insight2016-06-24

Indicators show rising risk of global recession

... at the US Federal Reserve has very limited room to hike interest rates, and any sharp increase could be a policy mistake. If so, the US economy could reach an inflection point. Capital expenditure of ...More

EJ Insight2016-06-23

Does the US economy do better under Democratic presidents?

... inted the Federal Reserve chairman, though the main determinant remains the party of the president.) So what accounts for the partisan performance gap? Blinder and Watson suggest that five factors – o ...More

EJ Insight2016-06-23

Why basic-income programs can help poor countries

... lmost all federal tax revenue, under the current system. Perhaps it was that kind of arithmetic that spurred Swiss voters to reject the idea overwhelmingly in a referendum earlier this month. But what ...More

EJ Insight2016-06-23

Why HK office market will continue to do well

The US Federal Reserve has decided to keep interest rates unchanged, making it improbable for the federal funds rate to have a 1 percent increase in 2016, which has been the consensus expectation at t ...More

EJ Insight2016-06-22

Why Italy shouldn't expect a windfall from Brexit

... as the US Federal Reserve had to back the US dollar market in Europe through swap lines with the ECB after the Lehman collapse. And the risks of such a challenge to Britain’s financial sector would be ...More

EJ Insight2016-06-22

US equity valuations 'well above' median, Fed warns

The US Federal Reserve warned on Tuesday that forward valuations for equities are well above historical norms in the country. "Forward price-to-earnings ratios for equities have increased to a level w ...More

EJ Insight2016-06-22

Investors should sit out 'Brexit' referendum

... e, the US Federal Reserve is keeping interest rates unchanged as expected, understandably as a question mark hangs over European markets. However, there are mixed views on the Fed decision. Some belie ...More

EJ Insight2016-06-21

Opportunities and risks in securities-based crowdfunding

... 2, the US federal government rolled out the Jumpstart Our Business Startups Act, or JOBS Act, where Title III permits securities-based crowdfunding with certain strings attached. Several points of the ...More

EJ Insight2016-06-21

Postal Savings Bank seeks US$8 bln in Hong Kong IPO

... er the US Federal Reserve raising interest rates, a slowdown in China and the possibility of Britons voting in favor of leaving the European Union next week. While most large Chinese banks including I ...More

EJ Insight2016-06-17

Paris attack victim's family sues social media firms

...  asking a federal court to rule that the companies are violating the US Anti-Terrorism Act, Reuters reported. "For years, defendants have knowingly permitted the terrorist group ISIS to use their soci ...More

EJ Insight2016-06-17

HSBC to pay US$1.6 bln to end Household class action

... 2015, the federal appeals court in Chicago threw out that award and ordered a new trial to determine whether "firm-specific, nonfraud factors" contributed to the drop in Household's share price. HSBC' ...More

EJ Insight2016-06-17

China economists warn of fatal debt spiral

... ed for by federal debt.  CASS in a report last year said China's debt was 150.03 trillion yuan at the end of 2014, according to previous Chinese media reports. -- Contact us at [email protected] CG/RA ...More

EJ Insight2016-06-17

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