Faba Bank: The Fed will formulate policies in consideration of inflation risks. Economists at Faba Bank wrote that it may be difficult for Fed officials to formulate and discuss monetary policies "without being involved in the debate on President-elect Trump's potential economic policies". They expect FOMC to cut interest rates by 25 basis points next week, as reflected by the market. They added that Federal Reserve Chairman Powell "may use the press conference to provide options for further relaxing the suspension of monetary policy." They don't expect him to directly comment on Trump's policies, "but FOMC will formulate policies consistent with managing high inflation risks," economists said.Ukraine National Natural Gas Transportation Company: On December 14th, the Russian natural gas passing through Sujia border crossing point was 42.39 million cubic meters, and on December 13th, it was 42.33 million cubic meters.Canada asked the Labor Committee to put Canadian postal workers back to work.
Jiangxi released a typical case of private equity funds serving the real economy. In recent years, private equity investment institutions have condensed long-term innovative capital and continuously empowered high-quality development. On December 13th, Wan Liangshun, deputy director of the Financial Office of Jiangxi Provincial Party Committee and deputy director of the Provincial Local Financial Administration Bureau, released ten cases of private equity funds serving Jiangxi real economy at the 2024 Yangtze River Economic Belt (Gongqingcheng) Fund Innovation and Development Conference held in Gongqingcheng, Jiangxi. Wan Liangshun introduced that Jiangxi attaches great importance to the development of the private equity industry and clearly requires strengthening guidance to give full play to the role of private equity investment in promoting development. There are 1493 private equity funds in Jiangxi, with an investment of 186.175 billion yuan. Private equity funds have become an important force to attract external capital, help industrial transformation and serve local economy, and the province's fund innovation and development have achieved remarkable results. (SSE)Broadcom is developing customized AI chips with three large cloud customers. Broadcom's share price rose by more than 20% at the beginning, and its total market value rose to 1.02 trillion US dollars, ranking ninth in the US stock market. After the close of the US Eastern Time on Thursday, Broadcom announced a better-than-expected fourth-quarter financial report. Not only did the profit performance be better than expected, but Broadcom's artificial intelligence revenue more than tripled this year. Broadcom's AI revenue increased by 220% to US$ 12.2 billion this year. It is estimated that the revenue of AI products will increase by 65% in the first fiscal quarter of fiscal year 2025. The CEO of Broadcom revealed that he is developing customized AI chips with three large cloud customers. It is estimated that each customer will deploy 1 million AI chips in 2027.A mine explosion in central Sudan killed 13 civilians. On December 13th, local time, the health department of Suji City, Sennar State in central Sudan issued a statement saying that a truck triggered a mine in Jebel Muya area in the northern part of the state, causing an explosion, killing 13 civilians and injuring many others.
Jiaying Pharmaceutical Co., Ltd.: The chairman of the board proposed to buy back the company's shares of no more than 132.3 million yuan. On the evening of December 13, Jiaying Pharmaceutical announced that Li Neng, the chairman of the company, proposed that the company buy back some RMB common shares (A shares) issued by the company through the trading system of Shenzhen Stock Exchange with its own funds, and the repurchased shares are intended to be used for implementing employee stock ownership plan or equity incentive. According to the proposal, combined with the company's financial operation and actual situation, the number of shares to be repurchased this time is not less than 7 million shares (inclusive), accounting for about 1.3793% of the company's total share capital; It does not exceed 13.5 million shares (inclusive), accounting for about 2.6600% of the company's total share capital. According to the calculation that the maximum number of repurchased shares is 13.5 million shares (inclusive) and the maximum price of repurchased shares is 9.80 yuan/share (inclusive), the total amount of repurchased shares does not exceed 132.3 million yuan (inclusive).China is a through train: a moderately loose monetary policy will be implemented in 2025. Recently, both Politburo meeting of the Chinese Communist Party and the Central Economic Work Conference decided that China will implement a moderately loose monetary policy next year. People close to the central bank said that the adjustment of monetary policy expression means that monetary policy will continue to maintain greater support for the real economy next year. In the current situation that the economic recovery is still facing many internal and external uncertainties and prices continue to run at a low level, this is very necessary, and it also reflects the central decision-making deployment of "implementing more active and promising macro policies". Judging from a series of recent policy operations and official statements, China's macro-control ideas are also being dynamically optimized, gradually paying more attention to investment from the past, paying equal attention to investment and consumption, and paying more attention to consumption change. People close to the central bank said that in the future, moderately loose monetary policy will be consistent with the overall macro-control thinking change, and more support will be given to promoting consumption and benefiting people's livelihood. (The country is a through train)Unitedhealth group, USA: The suspect in the executive shooting was not a corporate client. On December 13th, a spokesman for unitedhealth group said that Luigi Man Ghione, the suspect in the shooting of Brian Thompson, CEO of United Health Insurance Company, was not a corporate client. Andrew Vitti, CEO of unitedhealth group, expressed his condolences over Thompson's murder in a commentary and said that he understood the public's dissatisfaction with the "defective" health care system in the United States. Vitti said: "Health care is both a personal matter and very complicated. People don't fully understand the reasons behind the underwriting decision, and we are responsible for it. We need to work with employers, governments and other people who pay for medical expenses to improve the way we explain insurance coverage and make decisions. "