On January 5th, local time learned that Yin Xiyue's lawyer said that South Korean President Yin Xiyue will attend the Constitutional Court debate and express his opinion on the appropriate date.
Yoon Seok-yuk's lawyer said that South Korean President Yoon Seok-yuk will attend the Constitutional Court debate and give his opinion at an appropriate date.
On December 21st, according to NBC News, after the House of Representatives passed the emergency funding bill to prevent the government "shutdown", the bill will be sent to the Senate for a vote. The consent of all 100 senators is required to pass the emergency funding bill to avoid the government shutdown before midnight. When asked if there will be a vote before midnight, US Senate Majority Leader Schumer said: "We are now completing the amendment process." If the Senate votes beyond the midni...
Federal Reserve Goolsby: A gradual pace of rate cuts seems appropriate.
On November 1st, the Ministry of Commerce, the China Securities Supervision Commission, the State-owned Assets Supervision and Administration Commission of the State Council, the State Administration of Taxation, the State Administration of Market Regulation, and the State Administration of Foreign Exchange revised and issued the "Measures for the Administration of Strategic Investment by Foreign Investors in Listed Companies". The revised "Measures" relax the asset requirements of foreign inves...
On November 1st, it was reported that the shareholding ratio and shareholding lock-up period requirements should be appropriately reduced. The original "Measures" stipulated that the proportion of shares of listed companies obtained by foreign investors in the first strategic investment of listed companies should be more than 10%, and the shares obtained shall not be transferred within three years. In this amendment, combined with the securities market regulatory rules, we will abolish the share...
On October 28, local time on October 27, Iranian President Pezehizyan said that Iran does not seek war, but will defend its national rights and respond appropriately to Israeli aggression. Iran also has the right to respond to Israeli attacks.
Federal Reserve Kashkari: Further "modest" interest rate cuts seem appropriate, and the future direction of monetary policy will be driven by data and economic performance.
Li Yunze, director of the State Financial Supervision and Administration, said that the financial asset investment companies established by large commercial banks in the early stage have carried out equity investment pilots in Shanghai. In the future, it is planned to appropriately relax the restrictions on the amount and proportion of equity investment, increase the proportion of investment in the table from the original 4% to 10%, and increase the proportion of investment in single Private Off...
Federal Reserve Chairperson Jerome Powell: If appropriate, we can accelerate or slow the pace of interest rate cuts, or even choose to pause them.
On September 15th, according to the analysis of the research report of China International Capital Corporation, the economic data in August showed that domestic demand was still weak, and the marginal slowdown was lower than that in July. The year-on-year growth rate of the industrial and service industries at the production end declined, while the external demand at the demand end remained resilient, and the year-on-year growth rate of consumption and investment in domestic demand slowed down. ...
On September 14, the State Financial Supervision and Administration issued the Notice on Promoting Non-Bank Financial Institution Groups to Support Large-scale Equipment Updates and Trade-in of Consumer Goods. It proposes to encourage consumer finance companies and auto finance companies to provide relevant consumer credit and auto finance services. Encourage consumer finance companies to provide financial support for trade-in of consumer goods. Encourage auto finance companies to increase finan...
On July 22, the People's Bank of China announced that in order to increase the scale of tradable bonds and ease the pressure on supply and demand in the bond market, starting from this month, participating institutions of the Medium-term Lending Facility (MLF) that sell medium and long-term bond demand can apply for a phased reduction of MLF collateral.
On July 20th, according to the Shanghai Municipal People's Government, the Shanghai Municipal Commission of Commerce, the Shanghai Municipal Development and Reform Commission and the Shanghai Municipal Finance Bureau recently jointly issued the "Shanghai Municipal Action Plan for Accelerating Automobile Renewal Consumption (2024-2027) ". The action plan will be implemented from July 19, 2024, and the valid period will end on June 30, 2027. It is mentioned that the Financial Institution Group is ...
Bowman, the Fed governor, said it was not appropriate to cut rates now; that a rate cut might be considered if inflation headed for 2 per cent; that I would still be willing to raise rates again if inflation did not slow; that I remained "cautious" in weighing future changes in Fed rates; that monetary policy was currently restrictive; that upside risks to inflation remained; and that only a modest decline in inflation was expected this year.