EUR/USD 1.17579
-0.121%
Gold 4384.97
1.218%
Oil 58.244
0.950%
USD/JPY 156.172
0.088%
GBP/USD 1.34854
-0.207%
GBP/JPY 210.609
-0.107%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
European Central Bank: As of last week, the European Central Bank held €1.43 trillion in bonds under the Pandemic Emergency Purchase Programme (PEPP).European Central Bank: Foreign exchange reserves decreased by 600 million euros to 329.4 billion euros.On December 30th, the first plenary meeting of the 8th Risk Management Professional Committee of the Securities Association of China was held in Beijing. The committee members unanimously agreed that they should closely follow the strategic deployment of the financial sector in the "15th Five-Year Plan," earnestly carry out various tasks related to risk prevention, strengthening supervision, and promoting high-quality development, and continuously improve the self-regulatory rules system. They should steadily promote the revision of risk management systems in light of new trends and changes in market and industry development, establishing a comprehensive, clearly structured, and efficient self-regulatory rules system; strengthen risk prevention and control in key areas; focus on areas with frequent industry risks, identify difficulties in risk management, summarize and promote advanced experiences, and promote the overall improvement of the industrys risk management capabilities. Going forward, the Association will further leverage the committees functions to promote the continuous improvement of the industrys comprehensive risk management system, guide securities companies to transform towards proactive risk control, improve the industrys risk management level, and contribute to the high-quality development of the securities industry and capital market during the "15th Five-Year Plan" period.On December 30th, Youbang Ceiling announced that its shares will resume trading on December 31st, 2025. The companys actual controllers, Luo Lianqin and Shi Shenxiang, are planning a change of control, which may result in a change of the companys controlling shareholder and actual controller. During the trading suspension, all relevant parties actively promoted the transaction, but as the overall plan is still under negotiation, the parties have not yet signed a formal agreement. On December 30, 2025, shareholders Shi Shenxiang, Luo Lianqin, and Shanghai Changsheng Technology signed a Share Transfer Agreement with Shanghai Mingsheng Lianhe Intelligent Technology. The agreement stipulated that Luo Lianqin would transfer 10,610,100 shares (8.20% of total share capital) to Mingsheng Intelligent; 11,650,300 shares (9.00% of total share capital) to Shi Qiming; 7,760,400 shares (5.99% of total share capital) to Wuhan Mingshuwan; and Changsheng Technology would transfer 8,800,600 shares (6.80% of total share capital) to Mingsheng Intelligent. Following this share transfer, Mingsheng Intelligent intends to issue a tender offer to all shareholders other than the transferees for 19,430,100 shares (15.01% of total share capital).U.S. Redbook retail sales annualized for the week ending December 27 were 7.6%, compared to 7.2% previously.

Natural Gas Prices Rise After A Weeklong Drop to Almost Two-year Lows

Haiden Holmes

Feb 07, 2023 14:40

微信截图_20230207143323.png


Natural gas prices inched up on Monday as buyers emerged at the lower level for the heating fuel, which had been pummeled to more than two-year lows by a selloff spurred by a forecast of a relatively mild winter for the 2022/23 season.


The March front-month gas contract on the Henry Hub of the New York Mercantile Exchange recovered nearly all of its Friday losses to end up 4.7 cents, or 1.8%, at $2.457 per mmBtu, or metric million British thermal units. In the previous session, it reached a session low of $2.343, hitting a low not seen since December 29, 2020, when it dipped to $2.282.


The benchmark gas futures contract dropped about 16% last week, extending its decline from December's $7 high to more than 60%. Prior to that, in August it reached a 14-year high of $10.


An unexpectedly warm start to winter 2022/23 in the United States has resulted in significantly less heating demand than usual, leaving more gas in storage than anticipated. Despite this, temperatures between Friday and Saturday averaged at or below 20 degrees Fahrenheit (-6.7 degrees Celsius) in New York City and other significant cities in the U.S. Northeast, the largest heating market in the country.


The Energy Information Administration (EIA) reported that gas stocks in the United States for the week ending January 27 totaled 2.58 trillion cubic feet (tcf). According to the EIA, this is up 9.4% from the previous year's level of 2,361 tcf. On February 9, the agency will provide its next storage update.

Suggestion