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China sets up centralized clearing platform for online payments

China’s central bank has set up a clearing house for online payment services. The new platform, Nets Union Clearing Corp., will launch next year. All online payment services will route their transacti ...More

EJ Insight2017-08-09

Malaysia forex probe may lead to prosecution of former PM

Malaysia’s government on Tuesday launched an inquiry into massive foreign-exchange losses by the central bank more than two decades ago, in a probe that could lead to criminal prosecution of former Pr ...More

EJ Insight2017-08-09

Why Carrie Lam's hint of big spending raises more concerns

...  a former central bank chief, who called for a fresh and bold fiscal policy stance. In a blog post, Yam wrote that "miserly" fiscal policy has constrained Kong Kong's economic growth and that authorit ...More

EJ Insight2017-08-08

China’s history full of traps and contradictions

... g SAR and central governments. Opponents take a different view. “Beijing constantly attacks Japan for not recognizing its historical crimes,” said David Leung, a secondary school teacher. “But Beijing ...More

EJ Insight2017-08-08

No need for Fed to raise interest rates in near term: Bullard

...  from the central bank's 2 percent target in recent months. That measure is forecast to rise only to 1.8 percent if the US unemployment rate falls to an "unprecedented" 3 percent from the current 4.3 ...More

EJ Insight2017-08-08

China’s SOE reform to accelerate in second half

...  Finance. Central SOEs had a combined profit of 935.2 billion yuan, up 18.5 percent from the year before. Regional SOEs reported a 37.5 percent jump in their first-half profit to 472 billion yuan. Imp ...More

EJ Insight2017-08-04

Third World War already well underway in cyberspace

...  both the Central Intelligence Agency (CIA) and the Office of the Director of National Intelligence (ODNI) concluded that the hacking was indeed part of a massive, systematic and secret campaign orche ...More

EJ Insight2017-08-04

Mid-year markets review

... ment from central banks. While the Federal Reserve is the only major central bank actually raising interest rates, the Bank of England (BoE) came close to doing so in its June meeting. At the same tim ...More

EJ Insight2017-08-03

Coalition to gather signatures to oppose co-location plan

... nt of the central government may interfere in the affairs that the HKSAR government administers on its own in accordance with the Basic Law. Barrister Margaret Ng, one of the initiators of the group, ...More

EJ Insight2017-08-03

Is Bavaria likely to break off from Germany?

... ty of the central government in Berlin, insisting on adopting “one country, two systems” and refusing to assimilate into the rest of the reich. The disintegration of the Second Reich after World War I ...More

EJ Insight2017-08-03

Several diamonds excreted by suspected Jordanian thief

... amonds in Central in the HK$100 million attempted theft on Thursday. Officers will arrange an X-ray for the 22-year-old suspect, who is being monitored in a custodial ward in Queen Mary Hospital, to c ...More

EJ Insight2017-08-02

China expels anti-graft inspector from party for corruption

China's anti-graft watchdog said one of its former senior inspectors had been expelled from the Communist Party after an investigation found he had abused his position to receive bribes. The Central C ...More

EJ Insight2017-08-02

What a red educator's appointment tells us

... the open. Central Central Television interviewed her last month about her experience in pushing patriotic education in Hong Kong. If Choi didn’t have the support of Beijing, she could not have been ap ...More

EJ Insight2017-08-02

Xi: China loves peace but won't compromise on sovereignty

... as been a central target of Xi's wide-ranging anti-corruption campaign, with several senior military officers, including Xu Caihou, Guo Boxiong and Gu Junshan, being felled for graft since Xi came to ...More

EJ Insight2017-08-01

Taiwan still struggling in aftermath of two typhoons

... ng to the Central Emergency Operation Center. On Monday, the southwesterly flow caused by the typhoons brought heavy rainfall to the southern part of the island, including Chiayi, Tainan, Kaohsiung an ...More

EJ Insight2017-08-01

Why Britain needs EU allies after Brexit

...  European Central Bank and Britain’s Central Bank. And considering that the dollar is massively oversold, the pound against the dollar has likely peaked. A weaker pound would give a further boost to t ...More

EJ Insight2017-08-01

HK team tops international maths competition in India

... rted. The Central News Agency reported that the Chinese teams pulled out because of mounting pressure from their country's border dispute with India. As a result, the Taiwan delegation “benefited”, wi ...More

EJ Insight2017-08-01

Opposition must tap civil society to fight co-location plan

... allow the central government to enforce national laws on the station platforms and trains. The government, along with the pro-establishment media, accused the opposition of politicizing the co-locatio ...More

EJ Insight2017-08-01

Health department warns against beer run

... ffect the central nervous system, slowing down the processing of information, as well as responses, coordination, accuracy and balance, thus making the runner more prone to accidents and heat stroke. ...More

EJ Insight2017-08-01

HSBC announces 5% interim profit rise, share buyback

... y, and is central to its ambition to increase profit from the fast-growing Pearl River Delta region. The venture will be opened in December and staffed at first by around 50 people, Gulliver told Reut ...More

EJ Insight2017-07-31

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