currency change over, Reviews

Israel pressured the Palestinian National Authority to search for militants. The Palestinian National Authority admitted on the 12th that Palestinian security forces killed a 19-year-old civilian man during an operation in the West Bank city of Jenin earlier this week. Palestinian Islamic Resistance Movement (Hamas) accused the Palestinian National Authority of searching for "resistance fighters" and said that Palestine should avoid internal conflicts. According to Israeli media reports, the Israeli side pressured the Palestinian National Authority to intensify the search, and threatened that if the Palestinian security forces could not do it, the Israeli army would do it. (Xinhua News Agency)The self-built valuation model of bank wealth managers has met with "standardization": some institutions have re-adopted the strategy of excess return of the bank's tier-2 capital bonds with the valuation system of China Securities and China Securities, and recently, the regulatory authorities issued a document to the bank wealth management subsidiary, demanding that the self-built valuation model should not be used to smooth the net value fluctuation, and the valuation standards provided by third parties such as China Securities and China Securities should be adopted, and self-inspection and rectification should be carried out. The purpose of this move is to prevent the bank's wealth management subsidiaries from adjusting product income through self-built models, and to carry out "fund pool" business in disguise to ensure market fairness. At present, a number of bank wealth management subsidiaries have received this document, and have begun to adjust the net value calculation methods of day-opening and closed wealth management products, and re-adopt third-party valuation for investment products such as bank tier 2 capital bonds. A person from a bank financing subsidiary told reporters that he heard that the financial supervision department held a small-scale meeting last week, asking the bank financing subsidiary to respect the new asset management rules and not to violate accounting standards. In addition, the relevant departments also require the financial subsidiaries of banks that have used the self-built valuation model to carry out rectification, and the financial subsidiaries that have been notified shall submit corresponding rectification plans and measures reports within one month. In the view of the above-mentioned bank wealth managers, it is not excluded that some bank wealth management subsidiaries have lowered the allocation ratio of bank tier-2 capital bonds due to the influence of regulatory policies, because when the self-built valuation model is "standardized", the strategy of over-allocating bank tier-2 capital bonds to obtain excess returns becomes increasingly difficult when the net product value fluctuates relatively smoothly. (per meridian)Boeing: The expansion plant in Charleston County is expected to be put into operation in early 2027.

The yield of 10-year treasury bonds approached 1.8%. On December 12, the bond market continued its strong market, and the yield of 10-year treasury bonds approached the important mark of 1.8%, and the short-term interest rate bonds appeared to make up the market. Analysts believe that the downside of the current policy interest rate is open, and the market interest rate may accelerate to a balanced low. At the same time, the market is gradually overdrawn, and the institution advises investors to pay attention to the allocation value of local government bonds and rationally arrange the trend investment opportunities at the end of the year and the beginning of the year. (SSE)Yunnan Nengtou: It is planned to invest in Yongning wind farm expansion project. Yunnan Nengtou announced that Maitreya Company, a wholly-owned subsidiary, plans to invest in Yongning wind farm expansion project (Maitreya area), with a total installed capacity of 230,000 kilowatts and a total investment of 1.323 billion yuan (including 6.9 million yuan in working capital). On the same day, it was announced that Honghe Company, a wholly-owned subsidiary, planned to invest in the Yongning Wind Farm Expansion Project (Luxi Area), with a total installed capacity of 235,000 kilowatts and a total investment of 1.395 billion yuan (including 7.05 million yuan in working capital).Kering's Butterfly Family appointed Louise Trotter as the new creative director. On December 13th, kering and its brand Bottega Veneta announced that Louise Trotter would be the new creative director of the brand. Trott is the current creative director of Carven, and she will officially join the Butterfly Family at the end of January 2025.

Liu Jianchao met with Egyptian Foreign Minister Abdul Ati. On December 13th, Liu Jianchao, Minister of the International Liaison Department of the CPC Central Committee, met with Egyptian Foreign Minister Abdul Ati in Beijing. The two sides exchanged views on implementing the important consensus of the two heads of state, strengthening inter-party exchanges, strengthening political dialogue and humanities exchanges, and promoting the construction of a community of destiny between China and Egypt facing the new era. (Xinhua News Agency)Governor of Poland's central bank: Poland will continue to achieve the CPI target.U.S. policy outlook is uncertain. Lagarde lamented that the EU would "ask for it" for political uncertainty. European Central Bank President Lagarde said that the monetary policy decision of policymakers on Thursday was shrouded in the turbulent political situation in Europe. Although Lagarde did not directly mention the collapse of the French and German governments in recent weeks, she pointed out that it is not conducive to the central bank's decision-making to keep the fiscal plan and election results in suspense. At present, policymakers are still paying attention to the impact of Donald Trump's return to power. "We hope that many things will become clear in the coming months," Lagarde told reporters. "If we have discussed anything in the past two days, it is the uncertainty we are facing, whether it is the political situation from some member States or the US policy."