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2024-12-14 04:31:36

The SCO Secretariat hosted a reception for the departure of Secretary-General Zhang Ming. "I hope that the Shanghai Cooperation Organization will benefit more people from all countries and let them experience the sense of gain, belonging and happiness in the SCO family." Zhang Ming, Secretary General of the SCO, said on the 10th. Zhang Ming is about to end his term of office. On January 1, 2022, he became the Secretary-General of the SCO for a term of three years. On the 10th, his departure reception was held in Beijing, attended by guests such as diplomatic envoys of SCO countries and Chinese officials. (Zhongxin. com)Xingyuan Environment plans to sell some land use rights and factories for 86 million yuan. On the evening of December 10, Xingyuan Environment announced that in order to improve asset operation efficiency and revitalize existing assets, the company and Zhejiang Forest Light Technology Co., Ltd. signed the Land (Factory Building) Purchase and Sale Agreement to transfer industrial land and above-ground buildings located at No.2062 Moganshan Road, Liangzhu Street, Yuhang District, Hangzhou.Bank for International Settlements: Swap spreads are reflecting investors' concerns about excessive bond supply. The Bank for International Settlements (BIS) pointed out that huge government loans are having an impact on the global interest rate market, saying that investors have demanded higher premiums for buying sovereign bonds. In its quarterly report released on Tuesday, the agency pointed out that the swap spreads of various currencies and maturities have narrowed rapidly in recent months, which are "signs of possible oversupply". As investors are worried about huge debt and deficit expansion, the yields of government bonds in the euro zone and Japan have recently exceeded comparable swap rates. This leads to the so-called swap spread becoming negative. Because national debt is usually regarded as a safer investment than interest rate swap, it is unusual for the swap spread to enter the negative range. According to the Bank for International Settlements, the negative swap spread seems to reflect the pressure faced by investors and intermediaries because they need to absorb more government bonds in the near future. In the United States, the swap spreads for some maturities have been negative for many years.


Amazon will try out the fast delivery service in India and promise to deliver it within 15 minutes. amit agarwal, senior vice president of emerging markets of Amazon, said in an interview on December 10th that Amazon will try out the delivery service in Bangalore, India for 15 minutes or less. "The catalogue of products involved in the service will range from groceries to household items, depending on the community it serves". Companies such as Blinkit, a subsidiary of Indian takeaway giant Zomato, Swiggy supported by Softbank and BigBasket, a subsidiary of Tata Group, dominate the Indian grocery express delivery market, and some of them have launched the fastest 10-minute express delivery service.French President Macron told party leaders that he wanted to appoint a prime minister "within 48 hours".U.S. aviation stocks rose, while U.S. aviation stocks rose. Alaska Airlines (ALK.N) rose by 12%, American Airlines (AAL.O) rose by 3.8% and Boeing (BA.N) rose by about 3.1%. The Airline Association predicted that the overall profit and operating income of the industry would increase slightly in 2025.


On December 10th, it was learned from China Academy of Sciences that the research device of heavy ions with low energy and high current and high charge state, a major national scientific research instrument, has been accepted by experts organized by the National Natural Science Foundation of China, and the research of heavy ions in China has been added with new tools.Latvian Foreign Minister Blase said, I am sure that we can cooperate with US Secretary of State Lu Biao.Swedish Finance Minister: If we need to invest more money in the conflict between Russia and Ukraine, we must do so.

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