best e currency People searches

OPEC Monthly Report: Russia slightly cut its oil production in November. On Wednesday, OPEC quoted data from second-hand sources as saying that Russia's crude oil production in November decreased slightly by 0.7 million barrels per day to about 8.99 million barrels per day. This is basically consistent with Russia's monthly production quota of 8.98 million barrels under the OPEC+agreement (including voluntary production reduction). Russia promised to cut production in October and November this year and from March to September next year to make up for the excess production since April. The output of Iraq and Kazakhstan has also been higher than the target, and they also promised to further reduce production to compensate for their excess production.The Bank of Japan believes that the cost of waiting for the next rate hike is not high, but it is also open to raising interest rates this month. According to informed sources, Bank of Japan officials believe that there is almost no cost to wait before raising interest rates, and they are still open to raising interest rates next week, depending on data and market development. According to people familiar with the matter, even if the Bank of Japan decides to wait until January next year or a little longer before raising interest rates, the relevant authorities believe that this will not bring huge costs, because there are signs that there is little risk of inflation overshoot. According to people familiar with the matter, officials think it is only a matter of time before the next rate hike, because the economy and inflation are in line with their forecasts. According to people familiar with the matter, officials will make a final decision only after carefully evaluating the data and financial markets before announcing the policy decision in December. Bank of Japan Governor Kazuo Ueda and his committee will discuss next week whether it is necessary to raise the benchmark interest rate from 0.25%. Unlike the situation in July, the yen did not show a strong weakness, so the Bank of Japan believes that the risk of the yen pushing up inflation has weakened.HSBC is studying plans to cut costs by at least $3 billion. On December 11th, it was reported that HSBC Holdings was studying plans to cut costs by at least $3 billion. According to people familiar with the matter, HSBC told managers last week that its reform would not be completed until June 2025. These people said that the total cost savings are still in progress, but executives hope that this work will help them reduce their expenses by at least $3 billion.

*ST Masters: It is planned to sell some accounts receivable to Shenzhen Pickup Investment for 60 million yuan. *ST Masters announced that the company plans to transfer the accounts receivable with book value of 16,697,800 yuan (original book value of 171 million yuan) to Shenzhen Pickup Investment Partnership (limited partnership) for 60 million yuan. According to the regulations, the transaction constitutes a related party transaction and does not constitute a major asset reorganization, which needs to be submitted to the company's shareholders' meeting for consideration and approval. The accounts receivable to be transferred this time are all due to the daily business of the company, mainly due to the overdue accounts receivable formed by providing engineering services to the debtor.CPOPC: The price of palm oil is expected to fluctuate in the range of RM 4,000-5,000 in 2025. It is reported that the Council of Palm Oil Producers (CPOPC) predicts that the price of palm oil may fluctuate in the range of RM 4,000-5,000 per ton in 2025, driven by the stagnant production in major markets, especially Indonesia and Malaysia. Deputy Secretary-General CPOPC pointed out that the current price level around RM5,000 per ton may be temporary, mainly affected by the continuous floods in Malaysia, which boosted the bullish sentiment in the market. Due to the aging plantations, unpredictable weather and limited expansion to new plantations, it is expected that the cessation of production will tighten global supply and further push up prices.Jingmen, the Yiwei Lithium Energy Super Energy Storage Factory, was put into operation, with the largest production capacity in Central China. Following the opening and operation of Jingjing High-speed Railway, on December 10th, the Yiwei Lithium Energy 60GWh Super Energy Storage Factory project was officially put into operation in the new energy and new materials industrial park of Duodao District, Jingmen High-tech Zone, becoming a lithium battery production base with the largest production capacity and the longest industrial chain in Central China. The total investment of this project is 10.8 billion yuan, and the first phase covers an area of about 700 mu. It mainly produces MB56 large iron-lithium energy storage batteries, and its cell capacity and cycle times are 25% and 20% higher than those of the same industry products respectively, which are widely used in electric energy storage, ship energy storage and other fields. Taking an electric ship as an example, the voyage distance can be increased by about 40% by using MB56 battery, and the battery life can be extended by about two years.

Good shop: shareholder Dayong Co., Ltd. reduced its holdings by 3% in this reduction plan, which has reached the upper limit of the reduction plan. The good shop announced that during the period from December 2, 2024 to December 10, 2024, shareholder Dayong Co., Ltd. reduced its holdings by 4,560,400 shares, accounting for 1.14% of the company's total share capital. As of December 11, 2024, shareholder Dayong Co., Ltd. has reduced its shareholding by 3% in this reduction plan, which has reached the upper limit of the reduction plan, and the implementation of this reduction plan has been completed.Huayuan Real Estate: It is planned to transfer the assets and liabilities related to real estate development business to Huayuan Group, the controlling shareholder of the company. Huayuan Real Estate announced the change, and the company is planning major asset sales and related transactions. It is planned to transfer the assets and liabilities related to real estate development business to Huayuan Group, the controlling shareholder of the company, that is, the company plans to transfer 100% equity of Huayuan Real Estate. As of the evaluation benchmark date (April 30, 2024), the company's receivables from Huayuan Real Estate and its subsidiaries are as follows.Huayuan Real Estate: It is planned to transfer the assets and liabilities related to real estate development business to Huayuan Group, the controlling shareholder of the company. Huayuan Real Estate announced the change, and the company is planning major asset sales and related transactions. It is planned to transfer the assets and liabilities related to real estate development business to Huayuan Group, the controlling shareholder of the company, that is, the company plans to transfer 100% equity of Huayuan Real Estate. As of the evaluation benchmark date (April 30, 2024), the company's receivables from Huayuan Real Estate and its subsidiaries are as follows.