fed digital currency july 2023 Top Top stories

South Korea's chaebol triggered public outrage among investors, and regulators began to show their swords and rectify. For half a century, South Korea's oligarchs have dominated almost every economic field. They are in charge of corporate giants, making waves in political circles, carefully planning mysterious business transactions, and sacrificing the interests of shareholders while making profits for themselves. Regulators and investors began to show their swords. South Korean President Yin Xiyue announced that martial law was hastily lifted, or faced the fate of stepping down. The current political situation may accelerate this counterattack process again.European bond market: The market remained stable before the US inflation data was released, waiting for the ECB meeting on Thursday. On Wednesday, the European bond market remained stable, waiting for the US consumer price index (CPI) data later that day and the ECB meeting on Thursday. The yield of German 10-year government bonds did not change much, at 2.12%. Traders are waiting for the US CPI inflation data released at 21: 30 Beijing time on Wednesday, which may affect the market expectation that the Fed will cut interest rates next week. The yield of Italian 10-year government bonds also remained basically unchanged at 3.20%, and the spread between Italian government bonds and German government bonds remained at 108 basis points. The market expects the European Central Bank to cut interest rates by 25 basis points on Thursday. The yield of German two-year government bonds is sensitive to the interest rate expectations of the European Central Bank, falling by 1 basis point to 1.96%.The Hunan Provincial People's Procuratorate decided to arrest Lei Chunyong according to law. The case of Lei Chunyong (deputy department level), the former deputy secretary and vice chairman of the political consultative conference in Chenzhou City, Hunan Province, who was suspected of taking bribes and using his influence, was investigated by the Hunan Provincial Supervision Commission and transferred to the procuratorate for review and prosecution. A few days ago, the Hunan Provincial People's Procuratorate made an arrest decision on Lei Chunyong on suspicion of accepting bribes and using influence to accept bribes. The case is being further processed.

Molding technology: The transaction amount of selling Jiangsu Bank shares was 226 million yuan. According to the announcement of molding technology, the company sold 25 million shares of Jiangsu Bank through centralized bidding from December 4, 2024 to December 11, 2024, with a transaction amount of 226 million yuan. After the sale, the company also holds 25,000,600 shares of Jiangsu Bank. This transaction is conducive to optimizing the company's asset structure, revitalizing existing assets, improving asset liquidity and efficiency, and meeting the company's capital needs for future development. The sale is expected to have a positive impact on the company's financial position and cash flow.Jiangxi procuratorate decided to arrest Guo Xingang according to law. Guo Xingang (director level), the former party secretary and president of Zhejiang Branch of Bank of China, was suspected of taking bribes, using his influence to take bribes, illegally issuing loans, and abusing his power by the personnel of state-owned companies. The investigation by Yichun Supervision Committee of Jiangxi Province ended and was transferred to the procuratorate for review and prosecution. Under the jurisdiction designated by the Supreme People's Procuratorate, the people's procuratorate of Yichun City, Jiangxi Province reviewed and prosecuted. A few days ago, Yichun City People's Procuratorate made an arrest decision on Guo Xingang on suspicion of accepting bribes, using influence to accept bribes, illegally issuing loans, and abusing power of state-owned company personnel. The case is being further processed.AKIRA AMARI, a former Japanese parliamentarian, said that relying on TSMC alone for high-end chips is the biggest risk.

The price of basic load electricity delivered in France the next day rose by 12.8% to 190 euros/megawatt hour.South Korea's chaebol triggered public outrage among investors, and regulators began to show their swords and rectify. For half a century, South Korea's oligarchs have dominated almost every economic field. They are in charge of corporate giants, making waves in political circles, carefully planning mysterious business transactions, and sacrificing the interests of shareholders while making profits for themselves. Regulators and investors began to show their swords. South Korean President Yin Xiyue announced that martial law was hastily lifted, or faced the fate of stepping down. The current political situation may accelerate this counterattack process again.Guotai Junan expects Hong Kong stocks to fluctuate upward in an N-shaped pattern next year to explore domestic demand and improve investment opportunities. Chen Ximiao, chief analyst of Guotai Junan's overseas strategy, said that looking forward to 2025, the disturbance factors in the Hong Kong stock market from the external environment will continue, and the pace of interest rate cuts by the Federal Reserve under overseas inflation, policy restrictions in areas such as strong US dollar and tariffs, and game friction among big countries will continue. However, the domestic policy thinking is clear, economic expectations are expected to stabilize under the financial impetus, and the profitability of molecular enterprises will improve, and the industrial chain will be able to cope with it. She said that in 2025, the sensitivity of the Hong Kong stock market to external shocks is expected to decline, and more attention should be paid to returning to its own logic. For the trend of Hong Kong stocks in 2025, it is expected to be dominated by the upward pattern of N-shaped shocks, and there are many opportunities for flexibility during the stage. In 2025, we should still actively look for the structure, and focus on the barbell strategy to shift the weight of the two ends. We need to pay more attention to the configuration rhythm and pay attention to the repair opportunities of some domestic products.