Australia's business confidence has fallen sharply, and the economic outlook is not optimistic. Australia's business confidence index fell sharply in November, and the current situation index measuring employment, sales and profitability has further weakened, once again indicating that the private sector in the economy is facing heavy pressure. According to a survey released by the National Bank of Australia on Tuesday, the business confidence index dropped by 8 points to -3, reversing the gains in October. The status quo index dropped from 7 to 2. "Overall, the survey shows that growth continued to be weak in the fourth quarter," the bank said in the report. As the capacity utilization rate is still above average, it may take more time for price pressure to fully return to normal. The Reserve Bank of Australia will announce its last interest rate decision this year in a few hours, and it is almost certain that the policy interest rate will remain at a 13-year high of 4.35%. Last week's data showed that Australia's GDP was weak again in the third quarter, prompting traders to advance their expectations of interest rate cuts from May next year to April.Australia's business confidence has fallen sharply, and the economic outlook is not optimistic. Australia's business confidence index fell sharply in November, and the current situation index measuring employment, sales and profitability has further weakened, once again indicating that the private sector in the economy is facing heavy pressure. According to a survey released by the National Bank of Australia on Tuesday, the business confidence index dropped by 8 points to -3, reversing the gains in October. The status quo index dropped from 7 to 2. "Overall, the survey shows that growth continued to be weak in the fourth quarter," the bank said in the report. As the capacity utilization rate is still above average, it may take more time for price pressure to fully return to normal. The Reserve Bank of Australia will announce its last interest rate decision this year in a few hours, and it is almost certain that the policy interest rate will remain at a 13-year high of 4.35%. Last week's data showed that Australia's GDP was weak again in the third quarter, prompting traders to advance their expectations of interest rate cuts from May next year to April.The central parity of RMB against the US dollar was reported at 7.1896 yuan, down by 26 points.
Nippon Steel issued a statement to the employees of American Steel Company to seek understanding about the acquisition case. On December 9, local time, Nippon Steel issued a statement for the employees of the company, saying that "Nippon Steel has been working hard to completely eliminate the concerns of united steelworkers union". According to Nippon Steel, Hong Gao Sen, vice chairman of the company, met with the executive department of USW and introduced the acquisition plan. It is reported that he also listened to the requirements of USW. USW claims that Japan Steel will transfer its production from the existing blast furnace equipment to the electric furnace steel works. Nippon Steel Co., Ltd. said that "the only way to prevent production transfer is to complete the acquisition" and stressed its consistent commitment not to close the factory. In addition, Nippon Steel also revealed the details of the future blast furnace investment plan.Nippon Steel issued a statement to the employees of American Steel Company to seek understanding about the acquisition case. On December 9, local time, Nippon Steel issued a statement for the employees of the company, saying that "Nippon Steel has been working hard to completely eliminate the concerns of united steelworkers union". According to Nippon Steel, Hong Gao Sen, vice chairman of the company, met with the executive department of USW and introduced the acquisition plan. It is reported that he also listened to the requirements of USW. USW claims that Japan Steel will transfer its production from the existing blast furnace equipment to the electric furnace steel works. Nippon Steel Co., Ltd. said that "the only way to prevent production transfer is to complete the acquisition" and stressed its consistent commitment not to close the factory. In addition, Nippon Steel also revealed the details of the future blast furnace investment plan.Zhongyuan Trust Yunnan Green Food Co., Ltd. established the Plateau Modern Agriculture Investment Fund with a capital contribution of 500 million yuan. According to Tianyancha App, the Yunnan Plateau Modern Agriculture Investment Fund Partnership (Limited Partnership) was recently established, and the executive partner is Kunming Jingtou Equity Investment Fund Management Co., Ltd., with a capital contribution of about 500 million yuan. Its business scope is to engage in equity investment, investment management and asset management with private funds. According to the partner information, the fund is jointly funded by Zhongyuan Trust Co., Ltd., Yunnan Green Food Investment Group Co., Ltd. and Kunming Jingtou Equity Investment Fund Management Co., Ltd.
The yen fell to a low point against the US dollar since November 29, which cooled down around the expectation of the Bank of Japan to raise interest rates this month. As the market expected the Bank of Japan to raise interest rates this month, the yen fell to its lowest level against the US dollar since the end of November. The yen once fell 0.2% against the US dollar to 151.55. Overnight index swap pricing shows that the probability of the Bank of Japan raising interest rates in December is 28%.Poly Real Estate's 7 billion yuan public bond project was updated to "accepted". On December 10th, according to the information disclosure of Shanghai Stock Exchange, Poly Real Estate Group Co., Ltd. plans to publicly issue corporate bonds with a total amount of 7 billion yuan to professional investors in 2024. At present, the project status has been updated to "accepted". Huatai United Securities is the underwriter of this bond issue, and the bond type is public offering. The Shanghai Stock Exchange has updated the project on December 9, 2024.China Life Insurance: In 2024, the accumulated original insurance premium income was about 644.3 billion yuan, up 4.8% year-on-year. According to the announcement of China Life Insurance, the accumulated original insurance premium income of the company was about 644.3 billion yuan from January 1, 2024 to November 30, 2024, up 4.8% year-on-year. The above data have not been audited.
Strategy guide
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Strategy guide
12-13
Strategy guide
12-13
Strategy guide
12-13