... e Federal Reserve and New York's banking regulator, the New York State Department of Financial Services, to settle the matter. It had already paid just under US$200 million to the Securities and Excha ...More
EJ Insight2014-05-20
... will also reserve around one-third of its floor space for Hong Kong firms. But the Hong Kong government is cautious about the idea and still has to determine whether the deal would mean new opportunit ...More
EJ Insight2014-05-20
The US Federal Reserve led by chairwoman Janet Yellen is searching for a new model to replace its old strategy of moving interest rates to make it more suited for the post-crisis financial system, Wal ...More
EJ Insight2014-05-19
... required reserve ratio. Nie Mingsheng, honorary chairman of the real estate chamber of commerce under the All-China Federation of Industry and Commerce, agreed, saying tight liquidity is a key proble ...More
EJ Insight2014-05-15
... S Federal Reserve tapering will cause interest rates in the United States to rise and the US dollar to strengthen. This would be bad for those whose assets are in emerging market currencies. As a resu ...More
EJ Insight2014-05-13
... e deposit reserve requirement ratio for commercial banks, Zhou told a forum in Beijing that short-term economic data does not necessarily confirm there are problems and any conclusion must be prudent. ...More
EJ Insight2014-05-12
... ting bank reserve requirement ratios (RRR) for qualified rural banks only. Arguably, this is a "surgical" move to boost credit and, thus, growth in the rural areas. However, it is doubtful whether the ...More
EJ Insight2014-05-08
Sheng Songcheng, the statistics chief at the People's Bank of China (PBoC), has called for the application of cash reserve rules on Alibaba Group's popular internet financial product Yu'E Bao, China E ...More
EJ Insight2014-05-05
... e Federal Reserve in response to signs of incipient inflationary pressure would have a similar effect. And now there are new risks emanating from worsening East-West relations, escalating sanctions on ...More
EJ Insight2014-05-05
... r Federal Reserve chairman Alan Greenspan has weighed in. Greenspan says Alibaba is using the difference between the interbank and market rates to create yield for the public, which is good thing for ...More
EJ Insight2014-05-02
... ding huge reserves. If net spillovers do not determine internationally acceptable policy, multilateral institutions cannot claim that QEE contravenes the rules of the game, regardless of how much inst ...More
EJ Insight2014-05-02
... g Federal Reserve Notes to protect his reputation and job. He continued trading in the hope of recovering the loss. Instead, the losses snowballed -- all the while nobody noticed the irregularities. I ...More
EJ Insight2014-04-29
Alan Greenspan is no longer the US Federal Reserve chairman, but his views on the global economy are still highly valued and much sought after. In an interview with the financial news website Sina.co ...More
EJ Insight2014-04-28
The Wolong National Nature Reserve in Sichuan province has launched patrols to stop farmers harvesting bamboo shoots, the main food source for wild pandas during mating season, China Daily reported Fr ...More
EJ Insight2014-04-25
... uction of reserve requirement ratio for rural lenders -- are all aimed at preventing the economy from sliding further. In the first quarter, China's GDP grew only 7.4 percent, hitting a five-year low. ...More
EJ Insight2014-04-23
China's central bank has announced a cut in the reserve requirement ratio (RRR) for some rural lenders in a move aimed at supporting the agricultural sector and the overall economy. County-level rural ...More
EJ Insight2014-04-23
China's central bank said Tuesday that it will cut the reserve requirement ratio (RRR) for county-level rural commercial banks 2 percentage points starting Friday. County-level rural cooperatives wi ...More
EJ Insight2014-04-22
... lenders' reserve requirement ratio in the first quarter next year to boost the economy. POLITICS June 4 history museum targets at mainland visitors, Lee says Interview: The June 4 history museum to b ...More
EJ Insight2014-04-18
Fund outflows from Hong Hong and emerging markets could continue as the United States Federal Reserve winds down quantitative easing (QE) and begins to shift from ultra low interest rates, Norman Chan ...More
EJ Insight2014-04-17
... ing their reserve requirement ratios, and have all remote areas covered by basic financial services. The State Council also acknowledged that ensuring employment is vital for keeping economic growth s ...More
EJ Insight2014-04-17