JPMorgan plans to launch a Chase-branded digital bank in Germany by the end of this year or early next year. Mr. Dimon, JPMorgan's chief executive, plans to reach major European economies and secure enough customers to build a new profit engine. JPMorgan previously launched Chase in the UK in 2021. Setting up a digital bank from scratch is taking longer and more complicated than JPMorgan expected, according to people familiar with the matter. Chase is understood to have hoped to launch in German...
1. OpenAI netizens are most looking forward to product rankings next year: AGI, intelligent agents, and upgraded Sora rank among the top three. 2. Baidu 25th Anniversary Robin Li sent a letter to all employees: AI technology and applications will blowout in 2025. 3. Nvidia spent $1 billion in 2024 to provide financial support for AI startups. 4. Baidu added search products: online "AI search", interact with different agents through @. 5. iFLYTEK established Zhiyan Institute Technology Company in...
2024 comes to an end. After Trump takes office, how will the path of interest rate cuts and inflation prospects change next year? The haze of the dollar dynasty is approaching. What are the trading opportunities for the valuation difference between European and American markets? > >
Hester Peirce, the commissioner of the Securities Exchange Commission (SEC), who will stay on after President-elect Trump takes office on January 20, said there should be a major shift in the way the SEC handles the crypto industry following the departure of SEC Chairperson Gary Gensler. We have a large toolkit, and I think the mix of cases will also change when you see new committee changes and composition changes.
According to Yonhap News Agency, the Bank of Korea plans to cut interest rates further next year in response to higher downside risks.
According to Yonhap News Agency, the Bank of Korea plans to cut interest rates further next year in response to higher downside risks. (Kim Ten)
On December 25th, under the requirements of the Central Economic Work Conference to strengthen the implementation of the "two new" policy and support the "two" projects more vigorously, the issuance scale of ultra-long-term special government bonds in 2025 will usher in a strong expansion. Wen Bin, chief economist of Minsheng Bank, believes that it will reach 2 trillion yuan. He also pointed out that another 1 trillion yuan of special government bonds will be used to support the six major banks ...
As the regulatory and technological environment evolves, next year will be a crucial year for the cryptocurrency industry.
On December 21st, blind computing network Nillion announced at X that it will launch its mainnet in February next year.
On December 20, Li Gang, director of the Department of Consumer Promotion of the Ministry of Commerce, said that the Ministry of Commerce is currently working with relevant parties to study and formulate relevant policies on "large-scale equipment renewal and trade-in of consumer goods" next year.
On December 20th, the annual change in the composition of the Federal Reserve's FOMC voting committee next year may slightly increase resistance to further interest rate cuts. The incoming voting committee is more hawkish than the outgoing voting committee. "This opens the door to more dissenting votes next year," said Oscar Munoz, an analyst at TD Securities. At the December FOMC meeting, four of the Fed's 19 policymakers wrote predictions that the rate cut was inappropriate, and the Cleveland ...
1. Experts: Canceling the public stall is an important work next year. 2. Central Rural Work Conference: Proceed in an orderly manner to extend the pilot for another 30 years after the expiration of the second round of land contracts. 3. Beijing housing rent deposit has been included in the supervision of 230 million yuan, and the tenant rent refund deposit has been synchronized to the account. 4. Middle finger Research Institute: In 2025, the real estate market as a whole may still be in the bo...
On December 12, at the Central Economic Work Conference, General Secretary Xi Jinping summarized the economic work in 2024, analyzed the current economic situation, and deployed the economic work in 2025. In an interview, Minister of Commerce Wang Wentao said: In his speech, the General Secretary mentioned some content related to business work many times. For example, expanding consumption, stabilizing foreign investment, and stabilizing foreign trade. The Ministry of Commerce will combine the s...
Iraq's national oil marketing organization SOMO: Iraq will sell Basra Intermediate crude oil to Asia in January next year at an official price of $0.60/barrel below the average price in Oman/Dubai.
On December 9th, the meeting pointed out that next year, we must vigorously boost consumption, improve investment efficiency, and expand domestic demand in an all-round way. We must lead the development of new quality productive forces with scientific and technological innovation, and build a modern industrial system. We must give play to the traction role of economic system reform and promote the implementation of landmark reform measures. We must expand high-level opening up, stabilize foreign...