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2024-12-14 08:05:07

Mizuho listed in Japan to invest in the ETF of Saudi stock market.Guangxi: Expand the coverage of the "white list" project and include the corresponding projects of new housing development loans. According to the news of Guangxi News Network, the General Office of the People's Government of Guangxi Zhuang Autonomous Region recently issued a notice on printing and distributing the "Measures for Promoting the Stable and Healthy Development of the Real Estate Market in Guangxi". There are 20 measures, including six aspects: implementing financial support policies, optimizing housing accumulation fund policies, strictly controlling the increment of commercial housing, optimizing the stock of commercial housing, improving the quality of commercial housing and optimizing the business environment of the real estate market. Expand the coverage of the "white list" project of urban real estate financing coordination mechanism. In principle, the "white list" mechanism is the main financing channel for compliant housing development projects, and the corresponding projects of new housing development loans are all included in the "white list". Optimize the loan approval process of "white list" projects to improve the efficiency of loan issuance. On the premise of coordinating with the real estate project company, the commercial bank can pay all the loans in advance to the project fund supervision account opened by the real estate project company according to the plan provided by the real estate project company, and then entrust the payment from the supervision account to the fund-using object according to the actual application.Sources: The Bank of Japan tends to keep interest rates unchanged next week. Five sources familiar with the Bank of Japan's thinking said that the Bank of Japan tends to keep interest rates unchanged next week because policymakers tend to spend more time examining overseas risks and clues about salary increase next year. Any similar decision will increase the possibility that the Bank of Japan will raise interest rates at its meeting in January or March next year, when there will be more information about the wage increase next year. The source also said that there was no consensus within the Bank of Japan on the final decision, and some people in the Committee still believed that Japan had met the conditions for raising interest rates in December. This decision will depend on each member's belief in the possibility of achieving wage-driven sustained price increases in Japan. If upcoming events, such as next week's meeting of the Federal Reserve, trigger another sharp fall in the yen, thus intensifying inflationary pressure, the Bank of Japan may also agree to raise interest rates. But overall, many BoJ policymakers seem to be in no hurry to pull the trigger.


South Korea will gradually reduce the rice planting area to cope with the decline in demand. The Ministry of Agriculture, Food and Rural Affairs of South Korea said on Thursday that South Korea will strive to gradually reduce the rice field area to solve the problem of declining demand and adopt environmentally-friendly planting methods. Due to the change of diet structure, the annual rice consumption of Koreans has decreased, and the per capita rice consumption has dropped significantly from 61 kg in 2018 to 56.4 kg in 2023. At present, the total area of rice fields in South Korea is about 698,000 hectares, and the government says it plans to reduce the area of rice fields by 80,000 hectares next year. In addition, by 2029, the planting area of environmentally friendly rice will be expanded from 35,000 hectares this year to 68,000 hectares. The government will also allocate 244 billion won (about 170 million US dollars) to subsidize farms that grow strategic crops other than rice, such as wheat, beans and barley, which is an increase from 186.5 billion won this year.The personal pension system has been extended to the whole country, and banks have issued assessment tasks: before the first quarter, each person must complete at least 20 accounts, and the personal pension system has been extended from 36 pilot cities (regions) to the whole country. The reporter learned that major banks have already laid out in advance in non-pilot areas and started the work of making an appointment to open an account for personal pension funds. A staff member of the personal finance department of a state-owned bank told reporters that with the full roll-out of the personal pension system, their bank is preparing for a 100-day attack. The staff also revealed that at present, the bank has issued specific task indicators to employees. "Each employee needs to complete about 20 to 30 account opening tasks, from now until the end of the first quarter of next year." (per meridian)Institution: The battery price stabilized in November, and it is expected to rise slightly in 2025. On December 12, according to the latest research of TrendForce Jibang Consulting, in November 2024, the sales of electric vehicles in China continued to increase, which boosted the demand for power batteries, and the price of Ferrous lithium phosphate batteries remained stable, while the ternary batteries declined slightly. The demand for batteries in the energy storage market maintained the peak season characteristics, and with the price advantage of large-capacity batteries, the proportion of shipments increased. However, the average price of energy storage batteries continued to decline in November due to the slowdown in demand for orders at the end of the year. The agency expects that the price of some lithium battery materials may rise slightly in the peak season of 2025, which is expected to repair the serious losses of the company in the early stage. However, due to the fact that the relationship between supply and demand has not changed from surplus to shortage, the expected increase in material prices is limited, and battery manufacturers actively control costs, the battery price trend will be stable next year.


The personal pension system has been extended to the whole country, and banks have issued assessment tasks: before the first quarter, each person must complete at least 20 accounts, and the personal pension system has been extended from 36 pilot cities (regions) to the whole country. The reporter learned that major banks have already laid out in advance in non-pilot areas and started the work of making an appointment to open an account for personal pension funds. A staff member of the personal finance department of a state-owned bank told reporters that with the full roll-out of the personal pension system, their bank is preparing for a 100-day attack. The staff also revealed that at present, the bank has issued specific task indicators to employees. "Each employee needs to complete about 20 to 30 account opening tasks, from now until the end of the first quarter of next year." (per meridian)Kuwait set the price of crude oil sold to the United States in January at a premium of $4.10 per barrel.Bank of New York Mellon: As the impact weakens, the won may rebound to 1,400 won against the US dollar. Bank of New York Mellon said that as the most serious political impact caused by the short-term declaration of martial law begins to ease, the won may recover some of its recent lost ground before the end of the year. As the political risk premium begins to fall, the won may appreciate to 1,400 against the US dollar.

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