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Goldman sees end of yuan ‘sweet spot’ spurring capital outflows

... cy as the Federal Reserve prepares to raise borrowing costs. -- Contact us at [email protected] RA/CG ...More

EJ Insight2016-05-30

Philippines to ride out shock from US rate rise, global downturn

...  With the Federal Reserve preparing to raise US rates as early as next month, Philippine policymakers are seeking to assure investors concerned about the economic credentials of incoming President Rod ...More

EJ Insight2016-05-30

Yellen sees Fed rate hike within months

US interest rastes are likely to rise within months if th US economy keeps gaining strength. Federal Reserve chief Janet Yellen said a gradual increase is appropriate "probably in the coming months", ...More

EJ Insight2016-05-30

US panel probing China steel firms for theft of trade secrets

... ompted US federal cyberespionage indictments against five Chinese military officials in 2014. The Pittsburgh-based steelmaker alleged the hackers stole research data on production techniques for a new ...More

EJ Insight2016-05-27

Bangladesh bank hackers linked to Philippines attack

... nt at the Federal Reserve Bank of New York. -- Contact us at [email protected] RA/RC ...More

EJ Insight2016-05-27

Alibaba facing SEC probe into its accounting practices

... lation of federal securities law. Investors are concerned about the company's growth prospects amid a slowdown in China’s economy. After a meteoric rise following its blockbuster US$25 billion initial ...More

EJ Insight2016-05-26

Thieves moved US$9 mln to 23 HK firms in Ecuador cyber heist

... s. The US Federal Bureau of Investigation and Bangladesh authorities are leading a search for criminals behind the February heist, which ranks among the largest ever. In the Ecuadorian heist, the mone ...More

EJ Insight2016-05-26

Rising rate hike expectations boost US dollar

The market has become more cautious ahead of Federal Reserve chief Janet Yellen’s speech this week. Minutes of the last Federal Open Market Committee meeting show rising odds for a rate hike in June o ...More

EJ Insight2016-05-25

Hong Kong gold sales plunge on tourist downturn

... , as more Federal Reserve officials weighed in with comments that supported the case for higher borrowing costs. Bullion for immediate delivery was little changed at US$1,227.24 an ounce at 6:43 a.m. ...More

EJ Insight2016-05-25

Why investors should remain cautious in the near term

... coming US Federal Reserve meeting. The Fed's policymaking committee will meet mid-June to decide on interest rates. Investors are likely to get more clues next week regarding the shape of things to co ...More

EJ Insight2016-05-24

Philippines probe into stolen Bangladesh bank funds goes nowhere

... nt at the Federal Reserve Bank of New York. All but one of the attempted transfers involved were to the Rizal Commercial Banking Corp. in the Philippines. Most were blocked, but US$81 million went to ...More

EJ Insight2016-05-24

Philippines senate ends probe into Bangladesh cyber heist

...  New York Federal Reserve. Authorities are still piecing together what happened.  After Thursday’s hearing, Sen. Teofisto Guingona, chairman of the Senate Blue Ribbon Committee that is investigating t ...More

EJ Insight2016-05-20

Summer rate hike 'reasonable expectation': NY Fed chief

Expectations that the next hike in US interest rates could take place in the summer are reasonable, New York Federal Reserve President William Dudley said Thursday, joining the chorus of voices predic ...More

EJ Insight2016-05-20

Euro to weaken further to 1.13 against the US dollar

The US Federal Reserve should consider raising rates at its June meeting, Richmond Fed president Jeffrey Lacker told the Washington Post in an interview published Monday. However, Lacker has no right ...More

EJ Insight2016-05-19

Fed minutes suggest June rate hike firmly on the table

The US Federal Reserve is likely to raise interest rates in June if economic data points to stronger second-quarter growth and firming employment and inflation, minutes from the central bank's April p ...More

EJ Insight2016-05-19

How Donald Trump could waste America's 'exorbitant privilege'

... ut the US federal government’s persistently growing debt. Trump recently suggested that the US should negotiate with its creditors to buy back much of its debt at a discount – in effect, a partial def ...More

EJ Insight2016-05-18

Trump: I have no problem speaking to Kim Jong-un

... On the US Federal Reserve, Trump said that while he eventually wants a Republican to head it, he is "not an enemy" of current chair Janet Yellen, who was appointed by Obama. -- Contact us at english@h ...More

EJ Insight2016-05-18

Duterte declares Singapore-style discipline on Filipinos

... ntry to a federal system, would take years, he said improving everyday behavior could happen within weeks. Ridding the country of criminals and drug dealers should take less than six months, he said. ...More

EJ Insight2016-05-17

Vietnam bank targeted in Bangladesh-like hacking

... nt in the Federal Reserve Bank of New York. In the Bangladesh case, the thieves tried to transfer nearly US$1 billion, although most of the requests were blocked. The scale of the Vietnamese attack, w ...More

EJ Insight2016-05-17

Why we can't rule out a US recession

The minutes from the last Federal Open Market Committee (FOMC) meeting have provided no clear clue with regard to the timing or the pace of the US central bank's future rate moves. I noted last year ...More

EJ Insight2016-05-12

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