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HKMA's incoming chief has big task at hand

... de factor central bank is responsible for facilitating the security and stability of the banking system through the principle of prudent regulation. At the same time, the HKMA is also serving as a fro ...More

EJ Insight2019-08-07

Zhang Xiaoming: HK facing worst crisis since handover

...  said the central government is highly concerned about the current situation in the territory. "We are engaged in a high-level, strategic and comprehensive study of the situation to come to a determin ...More

EJ Insight2019-08-07

China to unveil special tax policy at Shanghai free trade zone

...  with the central government to draft the details, Chen added. Reuters reported on Monday that China is planning a pilot project to drop all duties and ease procedures at its Shanghai FTZ, citing peop ...More

EJ Insight2019-08-07

Trump dismisses fears of long trade war amid China warning

... id the US central bank may be stuck with a volatile global trade environment for years. “I think of trade regime uncertainty as simply being high in the current environment,” Bullard said at a Nationa ...More

EJ Insight2019-08-07

Yuan steadies but stocks plunge as trade tensions grow

... ested the central bank was soaking up cash to prevent speculative short-selling. The currency opened onshore trade at 7.0699 per dollar, then firmed to 7.0515 by 0310 GMT. The offshore yuan fell to as ...More

EJ Insight2019-08-06

Australia's central bank holds rates

Australia’s central bank held rates at an all-time low of 1 percent on Tuesday as it weighed the impact of past easing, though markets are wagering the tide of policy stimulus sweeping the world will ...More

EJ Insight2019-08-06

Fed to develop own real-time payments system

... t, the US central bank said it was seeking public comment on the project, saying near-instantaneous transfer of funds 24 hours a day could yield economic benefits for individuals and businesses. Randa ...More

EJ Insight2019-08-06

Social unrest taking a toll on retail industry

... he Occupy Central movement, and now we are witnessing large-scale turbulence due to the government's ill-advised push of an extradition bill. As social turmoil has become increasingly serious and the ...More

EJ Insight2019-08-06

China lets yuan weaken and stops buying US crops

... hard. The central bank set the yuan's daily midpoint at 6.9225 per dollar before the market open, its weakest level since Dec. 3, 2018. The onshore yuan finished the domestic session at 7.0352 per dol ...More

EJ Insight2019-08-06

How LINE is navigating its financial services foray

... ll as G-7 central bankers, who cited concerns over virtual units, data privacy and security, as well as Facebook’s poor record in preventing misuse of its user data. As it seeks to overcome the hurdle ...More

EJ Insight2019-08-05

Yuan slumps past 7 per dollar for first time in over a decade

... nday, the central bank linked the yuan’s weakness to the fallout from the trade war, but said it would not change its currency policy and that two-way fluctuations in the yuan’s value are normal. “Und ...More

EJ Insight2019-08-05

Lagarde's ECB must modernize

As the nominee to succeed European Central Bank President Mario Draghi in November, Christine Lagarde may be hoping that her job will be somewhat easier than that of her predecessor. Yet the opposite ...More

EJ Insight2019-08-05

Blackout hits Indonesian capital, parts of Java

... r line in Central Java for causing voltage drops that hit power networks in Jakarta as well as West Java and Banten provinces. “We will investigate to find the root causes and analyse them in detail. ...More

EJ Insight2019-08-05

The water cannon truck cannot resolve political issues

... ce in the Central and Western District. They appeared in court on Wednesday morning and all but one were granted bail and ordered to come back for a hearing on Sept. 25. The fact that the justice depa ...More

EJ Insight2019-08-02

Financial workers stage flash mob, vow to join Monday strike

Thousands of workers from the financial sector braved intermittent rain to stage a brief rally at Chater Garden in Central on Thursday night to press demands for an independent inquiry into recent vio ...More

EJ Insight2019-08-02

Civil servants told to stay neutral amid protest plans

... Garden in Central on Friday night to urge the government to respond to the people's demands related to the extradition bill. Police have issued a letter of no objection for the rally, which was applie ...More

EJ Insight2019-08-02

Why the Fed may sooner or later ease further

... ng the US central bank’s move. Although he said the cut won’t herald a long series of rate reductions, he also said, “I didn’t say it’s just one rate cut.” In my opinion, there are three potential rea ...More

EJ Insight2019-08-02

Tung Chee-hwa blames social unrest on US and Taiwan

... esist the central government, RTHK quoted him as saying. However, the people of Hong Kong absolutely cannot be exploited by others, he said. Noting that Hong Kong is facing an unprecedented and worsen ...More

EJ Insight2019-08-01

長實半年賺151億 息增11%

... 之戀‧愛炫美和My Central的住宅單位銷售;內地多個項目的住宅及商業單位銷售─東莞海逸豪庭、廣州逸翠莊園 ...全文

即時新聞重要通告2019年08月01日

Rioting accused granted bail, with hearing set for Sept 25

All, except one, of the 44 people who were arrested on rioting charges following the anti-government protests and clashes in the Central and Western District on Sunday have been granted bail. The accu ...More

EJ Insight2019-08-01

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