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The Competition Commission of India has fined Intel (INTC.O) for its warranty policy.A Reuters poll found that 66 out of 74 economists believe the European Central Bank will keep its deposit rate at 2.00% until 2026.On February 12th, the State Financial Regulatory Commission released key regulatory indicators for the banking and insurance sectors in the fourth quarter of 2025. At the end of the fourth quarter of 2025, the balance of non-performing loans (NPLs) of commercial banks was 3.5 trillion yuan, a decrease of 24.1 billion yuan from the end of the previous quarter; the NPL ratio was 1.50%, a decrease of 0.02 percentage points from the end of the previous quarter. At the end of the fourth quarter of 2025, the balance of performing loans of commercial banks was 230.2 trillion yuan, of which the balance of normal loans was 225.1 trillion yuan and the balance of loans under special mention was 5.1 trillion yuan. At the end of the fourth quarter of 2025, the balance of loan loss provisions of commercial banks was 7.2 trillion yuan; the provision coverage ratio was 205.21%, and the loan loss provision ratio was 3.07%.On February 12th, the State Financial Regulatory Commission released key regulatory indicators for the banking and insurance sectors in the fourth quarter of 2025. At the end of the fourth quarter of 2025, the total assets of my countrys banking financial institutions in both local and foreign currencies reached 480 trillion yuan, a year-on-year increase of 8.0%. Among them, the total assets of large commercial banks in both local and foreign currencies reached 210.8 trillion yuan, a year-on-year increase of 10.8%, accounting for 43.9% of the total; the total assets of joint-stock commercial banks in both local and foreign currencies reached 77.8 trillion yuan, a year-on-year increase of 4.8%, accounting for 16.2%. At the end of the fourth quarter of 2025, the total assets of insurance companies and insurance asset management companies reached 41.3 trillion yuan, an increase of 15.1% compared to the beginning of the year. Among them, property insurance companies reached 3.1 trillion yuan, an increase of 7.5% compared to the beginning of the year; life insurance companies reached 36.4 trillion yuan, an increase of 15.4% compared to the beginning of the year; reinsurance companies reached 857.3 billion yuan, an increase of 3.5% compared to the beginning of the year; and insurance asset management companies reached 145.6 billion yuan, an increase of 14% compared to the beginning of the year.On February 12th, the Shenzhen Municipal Bureau of Industry and Information Technology issued the "Shenzhen Action Plan for Advanced Manufacturing Industry with Artificial Intelligence+ (2026-2027)," which proposes to conduct pilot projects for the integrated application of "vehicle-road-cloud" in intelligent connected vehicles and increase the AI empowerment of the entire automotive industry chain in "intelligent manufacturing + intelligent driving." In collaborative design, the plan includes intelligent management and classification of component resources, recommendation of optimal component information, and, combined with artificial intelligence algorithms, simulation-based automatic matching and cleaning of material properties to achieve high-precision mesh division and improve enterprise R&D efficiency. In production and manufacturing, the plan includes intelligent resource allocation, optimized configuration of manufacturing resources, and intelligent supply chain management to promote the efficient utilization of idle manufacturing resources.

US Fed Considering CBDC, But Not Decided To Pursue or Implement

Cory Russell

Apr 15, 2022 10:40

The Federal Reserve of the United States has said that it is exploring creating a central bank digital currency (CBDC). The central bank has not yet determined whether or not to pursue or deploy a digital dollar, according to the central bank.


The Fed, on the other hand, has already issued a CBDC report emphasizing the use of stablecoins like USD Coin and Tether; the statement on Thursday is the most important to date.

Fed Exploring CBDC “Benefits and Risks”

In a tweet today, the authority said that it is looking into the possible advantages and hazards of CBDCs.


It has also produced a series of CBDC FAQs, explaining why it is contemplating it now. Given technology improvements ushering in a rush of new private-sector financial goods and services, the Fed believes it is the "appropriate moment" to examine a digital dollar.


CBDCs, according to the bank, might provide a variety of advantages. A digital dollar, for example, might give consumers and businesses a simple, electronic version of central bank money, as well as a platform for entrepreneurs to develop new financial goods and services and promote quicker and cheaper payments.

Lawmakers Critical of Fed’s Progress

US legislators questioned Fed Chair Jerome Powell in January on the pace and status of the Fed's CBDC review, which was set to be released last summer.


Fed Governor Christopher Waller stated last month that he isn't sure that a CBDC is necessary for retail consumers in particular.


"Are we actually in need of it?" That is something I have yet to be persuaded of. It's not to say I couldn't be, but I've never seen that on a retail CBDC."


Tom Emmer, a Minnesota politician, sponsored a measure in January to restrict the Fed from exercising unilateral authority over the US CBDC. The lawmaker wants the central bank to be prohibited from issuing digital dollars to people directly.

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