MetLife and General Atlantic are planning to form a reinsurance joint venture. It is reported that MetLife and General Atlantic are forming a reinsurance joint venture, which is the latest trend that insurance companies and alternative fund management companies jointly improve the return on low-risk insurance assets. Chariot Reinsurance, the joint venture, will have an initial equity of more than $1 billion, with MetLife and General Atlantic Insurance each holding about 15%. In addition, the insurance company Chubb will also become one of the major investors in the joint venture. The joint venture will be established in the first half of 2025, led by Cynthia Smith, who recently served as the head of the regional welfare business of Metropolitan Insurance Group.Guangdong, Hong Kong and Macao signed a new round of strategic agreement on the development of the accounting industry. On the 11th, Guangdong Institute of Certified Public Accountants, Hong Kong Institute of Certified Public Accountants, Hong Kong Association of Auditors of Listed Companies, Macao Accounting Professional Association, certified public accountants associations in nine cities in Greater Bay Area and 188 accounting firms in Guangdong, Hong Kong and Macao jointly signed the Strategic Agreement on the Development of the Accounting Industry in Guangdong, Hong Kong and Macao (2024). (Xinhua News Agency)German Chancellor Scholz: Decisions need to be made before the end of the year, such as improving children's welfare. It is necessary to solve the financial drag problem before the end of the year.
US officials said that the United States is focused on providing Ukraine with the air defense system it needs to defend against Russian missiles and drones.Guangdong, Hong Kong and Macao signed a new round of strategic agreement on the development of the accounting industry. On the 11th, Guangdong Institute of Certified Public Accountants, Hong Kong Institute of Certified Public Accountants, Hong Kong Association of Auditors of Listed Companies, Macao Accounting Professional Association, certified public accountants associations in nine cities in Greater Bay Area and 188 accounting firms in Guangdong, Hong Kong and Macao jointly signed the Strategic Agreement on the Development of the Accounting Industry in Guangdong, Hong Kong and Macao (2024). (Xinhua News Agency)German Chancellor Angela Scholz submitted an application for a vote of confidence, and German Chancellor Angela Scholz sent a request to Parliament on Wednesday to hold a vote of confidence on December 16th, thus paving the way for early federal elections next year. Since the collapse of the coalition of political parties led by Scholz, the policy-making in Europe's largest economy has basically stagnated. If, as expected, Scholz loses the vote of confidence, he must ask the President to dissolve Parliament and hold a new election. Scholz and the opposition parties unanimously agreed to hold a general election on February 23rd next year. Last week, French Prime Minister Banier lost in a vote of no confidence, which highlighted the unusual political instability faced by these two European powers.
Traders increased their bets on the Fed's interest rate cut. After the CPI report was released, swap traders increased their bets on the Fed's interest rate cut before the end of 2025. They now predict that by that time, they will cut interest rates by 87 basis points, which means that the Federal Reserve will cut interest rates by 25 basis points next week. In 2025, there will be another two interest rate cuts of 25 basis points each time, which is less than the four times proposed by Fed officials in the latest quarterly bitmap in September.When the Fed became cautious about cutting interest rates, the inflation rate in the United States rose to 2.7% in November, and the inflation rate in the United States rose to 2.7% in November, which was in line with economists' expectations and higher than the level of 2.6% in October. The data highlights people's concerns about sticky inflation after inflation rose in October. It is widely expected that the Fed will cut interest rates by 25 basis points for the third time in a row next week, but the pace of interest rate cuts next year is uncertain, because the Fed is striving to achieve the dual mission of keeping the inflation rate close to 2% and maintaining a healthy labor market. As interest rates reach a more "neutral" level, that is, high enough to curb inflation but low enough to protect the labor market, officials have discussed slowing down the pace of interest rate cuts. They say that if we act too fast, inflation may stay above the 2% target, but if we act too slowly, the unemployment rate may rise sharply.The US CPI data is in line with expectations, and the euro zone bonds are basically flat.
Strategy guide
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Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14