... eyond the Federal Reserve’s quarter-point rate hike last December,” he said. Despite the uncertain economic outlook in the long term, there are some silver linings. UN Secretary General Ban Ki Moon st ...More
EJ Insight2016-04-22
... tember. A federal judge said on Thursday that Volkswagen and the US Justice Department have reached a deal in principle to address excess diesel emissions in nearly 600,000 polluting vehicles that wil ...More
EJ Insight2016-04-22
... years in federal prison for each count of money laundering and a maximum of 10 years for acting as an illegal agent of a foreign government, the report said. – Contact us at [email protected] FL/RC ...More
EJ Insight2016-04-22
... ations of federal law. Also on Wednesday, Democrats in the US Senate introduced a legislative package to invest more than US$70 billion over the next 10 years through loans, grants and tax credits in ...More
EJ Insight2016-04-21
Volkswagen A.G. will offer to buy back almost 500,000 diesel cars that used sophisticated software to evade US emission rules. The plan is part of a deal with US regulators under a federal complaint r ...More
EJ Insight2016-04-21
... ch the US Federal Reserve increases interest rates and change in commodity prices. The Latin American credit assets have strong potential to rebound. This article appeared in the Hong Kong Economic Jo ...More
EJ Insight2016-04-20
... y. The US Federal Reserve is expected to hold interest rates unchanged at its meeting next week. However, any indication of an acceleration of rate hikes might boost the US dollar. William Dudley, pre ...More
EJ Insight2016-04-20
... tle IX, a federal law that prohibits gender discrimination in schools. But the appellate court has now ruled in Grimm's favor and sent it for rehearing, in a case that could impact the national bathro ...More
EJ Insight2016-04-20
... by the US Federal Reserve, Hong Kong experienced only four quarters of negative economic growth. However, the financial asset bubble brought by QE pushed home prices (the CCL index) to a historic high ...More
EJ Insight2016-04-15
Microsoft has sued the US government over the right to tell its customers when federal agencies seek access to private data. The lawsuit argues that the government is violating the US Constitution by ...More
EJ Insight2016-04-15
... tors, the Federal Reserve and the Federal Deposit Insurance Corporation, issued joint determinations flunking banks' plans, commonly called "living wills." If the five banks do not correct serious "de ...More
EJ Insight2016-04-14
US Federal health regulators have proposed banning Theranos Inc. founder Elizabeth Holmes from the blood-testing business for at least two years as it was found that the company failed to fix deficien ...More
EJ Insight2016-04-14
... ome under federal scrutiny following financial distress in the coal sector. Peabody has a total of US$1.1 billion in self-bonding across four states, court documents showed. Unlike most large corporat ...More
EJ Insight2016-04-14
... er at the Federal Maritime Commission of the United States. “The alliances have in fact changed already because of the recent consolidation among four major carriers,” Doyle said. “We are expecting th ...More
EJ Insight2016-04-13
... ns to the Federal Reserve Bank of New York involving US$951 million. Of the total, four payments comprising US$81 million were later cleared at RCBC. The bank had received “confusing” stop payment and ...More
EJ Insight2016-04-13
... state and federal law agencies, Reuters said. The company, valued at more than US$60 billion, said the agencies requested information on trips, trip requests, pickup and dropoff areas, fares, vehicles ...More
EJ Insight2016-04-13
Federal Reserve Chair Janet Yellen said the US central bank's interest rate decisions will depend on how the economy performs. But Fed officials and their staff are already dismissing the most recent ...More
EJ Insight2016-04-13
... n and the Federal Home Loan Banks of Chicago and Seattle. A state and federal working group formed to investigate wrongdoing in the pre-financial crisis mortgage-backed securities market negotiated th ...More
EJ Insight2016-04-12
... Belgium's federal prosecutor said in a statement. "Surprised by the speed of progress in the investigation, they took the decision to strike in Brussels." Belgian intelligence and security forces had ...More
EJ Insight2016-04-11
... after the Federal Reserve tapering of its bond-buying program. It rose to 100.39 in the first quarter last year from a low of 80. The index has hovered around 94-100. That means the index has been co ...More
EJ Insight2016-04-07