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The yield on 30-year Japanese government bonds fell 5 basis points to 3.37%.On December 25th, Shenghui Technology stated on its interactive platform that new energy business is a key focus of the companys strategic transformation, primarily concentrating on the hydrogen energy sector. Its business encompasses the upstream manufacturing of hydrogen production equipment and the downstream operation of hydrogen-powered vehicles. To date, its subsidiary, Shengqing Hydrogen Production, has achieved market-ready delivery of hydrogen production equipment; and its subsidiary, Shenghui New Energy, has successfully won the bid for the "Photovoltaic-Hydrogen-Oil" integrated energy mother station project (the Zhongqing Chikan Integrated Energy Station General Contracting Project).Futures News, December 25th: Oil prices stopped rising and corrected, and the news in the fuel oil market turned negative. On the supply and demand side, demand release was slow and refineries lacked the impetus to support prices. Downstream traders bought on dips and operated cautiously, with demand being the main driver. Lacking substantial positive factors to boost prices, fuel oil trading is expected to be stagnant in some areas today, with some areas still likely to see a slight decline.On December 25th, it was reported that James Dyson, Britains richest man and founder of Dyson, recently made significant adjustments to his familys wealth management structure. According to analysis of company registration documents, Weybourne, the Dyson familys investment company, transferred at least £624 million from its main UK entity to its Singapore holding company this year, reducing the share capital of its UK entity to just £1. Simultaneously, Weybourne has posted several job openings in Singapore in recent weeks, aiming to build a "new team" to support the management of its multi-asset portfolio; at the same time, the companys influence in the United States is also shrinking.December 25 (KCNA) – North Korean leader Kim Jong Un received a congratulatory telegram from Russian President Vladimir Putin on December 18, according to a report by the Korean Central News Agency (KCNA). The report stated that Putins telegram noted the special significance of the past year for relations between Moscow and Pyongyang. He cited the participation of the Korean Peoples Army in the Kursk campaign and the subsequent deployment of North Korean engineering units to Russia, highlighting the unbreakable fighting friendship between Russia and North Korea. Putin also stated that, through joint efforts, every clause of the historic comprehensive strategic partnership treaty has been systematically implemented, contributing to a significant expansion of bilateral cooperation in political, economic, cultural, and other fields. Putin emphasized that Russia and North Korea will continue to strengthen their friendly alliance and engage in constructive cooperation in regional and international affairs.

REUTERS NEXT: U.S. Treasury’s Adeyemo calls for global cooperation on crypto regulations

Cory Russell

Dec 02, 2022 16:03

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According to US Deputy Treasury Secretary Wally Adeyemo on Thursday, the failure of the cryptocurrency exchange FTX, based in the Bahamas, highlights the necessity for the United States to work with other nations to create comprehensive international laws for the crypto sector.


Adeyemo stressed the significance of setting up regulatory frameworks to safeguard consumers, investors, and financial stability as well as to prevent unauthorized uses of cryptocurrencies at the Reuters NEXT conference. He claimed that the effort needed to be expanded because FTX was not an American company.


"This is a worldwide occurrence. And when we consider innovations like cryptocurrencies, we'll need to work closely with our international allies to build a regulatory system in a framework that helps us to ensure we protect the global economy, Adeyemo told Reuters NEXT.