The Legislative Council of Hong Kong released the first thematic newsletter in 2025 "Strengthening Hong Kong's status as an international financial center". The thematic newsletter is a new service launched by the Parliamentary Affairs Division of the Legislative Council Secretariat in December 2024. The latest thematic newsletter stated: The Bills Committee of the Legislative Council is scrutinizing in detail the Companies (Amendment) (No. 2) Bill 2024 and the Stablecoin Bill to introduce a mec...
According to techinasia, the Legislative Council of Hong Kong, China, discussed the proposed stablecoin bill on January 23. This was the first meeting of the bill since its first reading on December 18, 2024. Key officials, including Deputy Secretary General for Financial Services and the Treasury Francis Ho, outlined the regulatory framework for stablecoins. The bill requires issuers to obtain a license from the HKMA and maintain a reserve of high-quality, highly liquid assets. The proposed leg...
On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
On January 19, the Central Committee of the Communist Party of China and the State Council issued the "Outline of the Plan for Building a Powerful Education Country (2024-2035) ". It proposes to improve the mechanism for discovering and cultivating top-notch innovative talents. Focus on strengthening the cultivation of innovation ability, implement the "Fertile Soil Plan" for primary and secondary school students to cultivate scientific literacy; implement the "Brightening Plan" for high school ...
On January 19, the Central Committee of the Communist Party of China and the State Council issued the "Outline of the Plan for the Construction of a Powerful Education Country". It is proposed that the layout of higher education should be modernized. Coordinate the development of universities affiliated to the central departments and local universities. Intensify the construction of high-level research universities and accelerate the application-oriented transformation of local universities. Sup...
On January 14, the State Council Information Office will hold a press conference at 10 am on Friday, January 17, 2025, inviting Kang Yi, Director of the National Bureau of Statistics, to introduce the operation of the national economy in 2024 and answer reporters' questions.
On January 14, according to the announcement of the Eigen Foundation, the Protocol Council has been officially launched, and the Foundation has completed the final lock-in transaction to transfer control to the Council. The Protocol Council is the core decision-making body for EigenLayer governance and is responsible for reviewing and approving EigenLayer Improvement Proposals (ELIPs) to ensure that all protocol upgrades meet security requirements and support the sustainable development of the e...
On January 10, the State Council Information Office will hold a series of press conferences on "China's high-quality economic development achievements" at 3 pm on January 14, 2025 (Tuesday). Xuan Changneng, Vice Governor of the People's Bank of China, and Li Bin, Deputy Director of the State Administration of Foreign Exchange, will introduce financial support for high-quality economic development and answer reporters' questions.
On January 7th, the China Earthquake Network determined that at 9:5 on January 7th, a magnitude 6.8 earthquake occurred in Tingri County, Shigatse City, Tibet (28.50 degrees north latitude, 87.45 degrees east longitude), with a focal depth of 10 kilometers. Preliminary statistics show that the earthquake has caused casualties. The State Council Earthquake Relief Headquarters Office and the Emergency Management Department launched the earthquake's third-level emergency response and dispatched a w...
According to CCTV, Li Qiang chaired an executive meeting of the State Council to study and promote urban renewal.
According to CCTV, Li Qiang presided over an executive meeting of the State Council to hear reports on ensuring the payment of migrant workers' wages.
"The ECB's base rate should fall to around 2 percent around the autumn of 2025," Stournaras, the ECB's governing council and central bank governor, told Greece's Skai radio station, according to a transcript released Thursday by the Greek central bank. He said the forecast would still be subject to "unforeseen circumstances," citing risk factors in Europe and the United States. Economists and investors believe the region's economy is suffering as the ECB cuts interest rates at every meeting unti...
European Central Bank Governing Council Stournaras: The European Central Bank's interest rate is expected to be cut to 2% by this autumn. (Greek radio station Skai)
Wu Jiezhuang, chairperson of the committee of the Hong Kong Legislative Council, Web3 and Virtual Asset Development Forum, said that Hong Kong's virtual asset trading platform license requirements are very high, and the withdrawal of the application is mainly due to the company's financial problems, business maturity, investment technology and the suitability of warehousing candidates. On how the Hong Kong virtual asset market can serve the needs of the country in the future, Wu Jiezhuang believ...