European Commission President von der Leyen said at the plenary session of the European Parliament on May 4 that after the ban on Russian coal imports, the next target of sanctions will be Rosneft. “It’s not easy because some member states rely heavily on Russian oil, but we just have to work on it.” She said the European Commission’s proposal to extend sanctions to Russia’s oil exports would be for.. Read More
Fed rate forecast: what to watch besides the expected 50bps rate hike
The Fed has started an aggressive rate hike cycle. At 2:00 am Beijing time on May 5th, the Federal Reserve will announce the May interest rate decision, and then Fed Chairman Powell will hold a press conference at 2:30. The market generally expects the Fed to announce a 50 basis point interest rate hike and announce a plan to shrink its balance sheet. Affected by this, U.S. bond yields rose.. Read More
Aoyuan Health established an independent investigation committee to investigate the financial transactions with China Aoyuan
On the evening of May 3, Aoyuan Health (03662.HK) announced that the independent investigation committee established by the company has hired an international accounting firm to investigate the company and its controlling shareholder China Aoyuan (03883.HK) and an executive director. financial exchanges between them. The committee is composed of 3 independent non-executive directors of the company and has hired a Hong Kong lawyer as independent legal adviser. According to the.. Read More
Xuzhou: Encourage financial institutions to reduce the down payment ratio for housing loans, and reduce the land auction deposit to 50%
According to the news from the Housing and Urban-Rural Development Bureau of Xuzhou City, Jiangsu Province on May 3, on April 28, relevant departments such as Xuzhou Housing and Urban-rural Development Bureau, Municipal Resources and Planning Bureau, and the People’s Bank of China Xuzhou Central Sub-branch held a meeting of the real estate industry in Xuzhou Housing and Urban-Rural Development Bureau. The work meeting on resumption of work, production, and.. Read More
Xinhua Review丨We will do our best to expand domestic demand this big article
The Politburo meeting of the Central Committee of the Communist Party of China held on April 29 pointed out: “We must make every effort to expand domestic demand”, emphasizing: “play the key role of effective investment” and “play the leading role of consumption in the economic cycle”. Do a good job in infrastructure construction investment, actively expand effective investment, expand and strengthen the domestic market, cultivate more new consumption growth.. Read More
How much have household energy bills in Europe risen amid the energy crisis?
In the last winter when the global oil price, gas price and coal price all soared, Europe was the focus area of international energy supply shortage. Due to high dependence on external energy, low natural gas inventories, less than expected new energy output, and fuel price fluctuations being transmitted to electricity prices, many European countries experienced a surge in energy prices in the second half of last year. So, how.. Read More