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On December 31, Shandong Zhanggu announced that it had recently received a "Notice of Case Filing" (No.: CSRC Case Filing No. 0042025026) from the China Securities Regulatory Commission (CSRC). The CSRC has decided to file a case against the company for suspected violations of regulations regarding the disclosure of financial information in its periodic reports, in accordance with the "Securities Law of the Peoples Republic of China" and the "Administrative Penalty Law of the Peoples Republic of China."According to Hong Kong Stock Exchange documents, Beijing Roborock Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.Egyptian Cabinet: Egypts non-oil exports reached $40.7 billion from January to October, up 19% year-on-year.December 31st - Initial jobless claims in the U.S. unexpectedly fell to their lowest level in a month last week, but the unemployment rate is likely to remain high in December due to sluggish hiring. Initial jobless claims have fluctuated significantly in recent weeks as adjusting for seasonal fluctuations ahead of the holiday season presents challenges. The labor market is expected to remain in what economists and policymakers call a "neither hire nor fire" mode. While the U.S. economy has remained resilient recently, with third-quarter GDP growth reaching its fastest pace in two years, the labor market has nearly stagnated. Economists say that labor demand and supply are affected by import tariffs and immigration restrictions.December 31st - Last week, initial jobless claims in the United States fell to one of the lowest levels this year, highlighting the volatility of the data during the holiday season. Data released by the U.S. Labor Department on Wednesday showed that initial jobless claims fell by 16,000 to 199,000 in the week ending December 27, below economists expectations of 220,000. Recent data has been volatile, typical of the holiday season. The latest statistical period covers Christmas, as well as the newly established federal holidays of December 24 and 26. In addition, continuing jobless claims fell to 1.87 million the previous week.

G7 to impose restrictions on new Russian gold imports on Tuesday, according to a U.S. official

Haiden Holmes

Jun 27, 2022 11:14


The Group of Seven wealthy democracies will restrict Russian gold imports on Tuesday, a senior U.S. administration official said on Sunday, as part of ongoing efforts to hold Russia accountable for its involvement in the Ukraine war and prevent attempts to circumvent Western sanctions.


The official indicated that the United Kingdom and the United States will announce the decision on Sunday, followed by a formal declaration on Tuesday.


"Putin will continue to face accountability from the president and other G7 leaders. Today, the United States and the United Kingdom stated that the G7 will restrict the importation of gold from Russia. Tuesday will be the day of the official announcement, "said the official.