After raising rates by 25 basis points, the Fed sent a more hawkish signal. Federal Reserve Chairman Jerome Powell said in a March 21 speech to the National Association of Business Economists that if the Fed deems it will raise the federal funds rate at one or more meetings Above 25 basis points is more aggressive, and the Fed will do it. If it decides it needs to tighten monetary.. Read More
China Banking and Insurance Regulatory Commission: Make every effort to do a good job in the insurance claims service of China Eastern Airlines passenger plane crash
On March 21, after the crash of a Boeing 737 passenger plane of China Eastern Airlines, the Party Committee of the China Banking and Insurance Regulatory Commission attached great importance to it and quickly launched an emergency response, instructing the Yunnan and Guangxi Banking and Insurance Regulatory Bureaus to do a good job in the emergency response and aftermath of the accident, and urged the insurance industry to follow up.. Read More
When will the new crown epidemic end? Liang Wannian: These four conditions are needed
On the afternoon of March 22, the Joint Prevention and Control Mechanism of the State Council held a press conference on the situation concerning the prevention and control of the epidemic in a strict and realistic manner. As for when the epidemic will end, Liang Wannian, head of the expert group of the National Health Commission’s Leading Group for Epidemic Response and Disposal, said that theoretically, there are several aspects.. Read More
China Eastern Airlines shares fell, and China Eastern Airlines once fell more than 9%
On March 22, the stock price of China Eastern Airlines fell by more than 9% in early trading. As of press time, the stock price was at 5.37 yuan, down more than 5%. China Eastern Logistics shares fell more than 4% at the opening. As of press time, the stock price was at 19.61 yuan, down more than 2%. In Hong Kong stocks, China Eastern Airlines shares fell more than.. Read More
The 13.4 billion yuan deposit of Evergrande Property was enforced by the relevant bank, and the pledged deposit provided for the third party
On March 22, China Evergrande (03333.HK), Evergrande Automobile (00708.HK) and Evergrande Property (06666.HK) issued an announcement stating that Evergrande Property is reviewing the financial performance for the year ended December 31, 2021. During the financial reporting process, it was found that Evergrande Property had deposits of approximately RMB 13.4 billion, and the pledged deposits provided for third parties had been enforced by relevant banks. The announcement stated that Evergrande Property.. Read More
Boeing China: Technical experts ready to assist CAAC investigation
On March 22, Boeing China told reporters, “We miss every passenger and crew member of China Eastern Airlines flight MU5735. We are cooperating with China Eastern Airlines to provide them with support. At the same time, Boeing is working with the US National Transportation Safety Board. The committee is in touch, and our technical experts are ready to assist the Civil Aviation Administration of China in its investigation.” This is.. Read More
Fed Chair Powell: If necessary, a single rate hike of more than 25 basis points will be
In the early morning of March 22, Beijing time, Fed Chairman Powell delivered a speech entitled “Restoring Price Stability” at the 38th Annual Economic Policy Conference of the National Association of Business Economics. Powell admitted that two years ago, more than 20 million people were unemployed, millions were sick, and their lives were disrupted. America has come a long way since then. The labor market is very strong today. However,.. Read More