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Kanpur Stock:The European Central Bank will cut interest rates four times this year, the Indian stock market has reached a record high, and Indonesia has recorded a trade surplus for 44 consecutive months!

Time:2024-10-29 Read:16 Comment:0 Author:Admin88

The European Central Bank will cut interest rates four times this year, the Indian stock market has reached a record high, and Indonesia has recorded a trade surplus for 44 consecutive months!

King of Denmark Frederick Ten officially ascended to the throne

King Frederik X, King of Denmark, ascended the throne on Sunday and replaced his mother, Queen Margrethe II, who officially abdicated, ending the 52 -year -old monarchy.

In the capital, a large number of admirable people gathered together to witness this historic moment.

The 83 -year -old Margaret shocked the entire country on the eve of the New Year. She announced that she plans to become the first Danish monarch to voluntarily abdicate in the past 900 years.

After Margaret signed a abdication statement at the State Conference, the throne inheritance was officially completed.

After the signing statement, the Queen stood up, signaled Frederick to sit in her position, and said "God bless the king", and then left the room.

Denmark is one of the oldest monarchy in the world. Although there is no coronation ceremony, the activities of the day still have a solemn moment.

After abdication, the 55 -year -old new king was announced by the Prime Minister Mette Frederiksen on the balcony of the Congress and Christian Castle, which was announced as a king.(King Frederik X) Long live.

Frederick wore a gown with a medal, and delivered a speech from the balcony.

He said: "My hope is to be a united king.

With pride, respect, and joy."

Frederick was very moved in his speech and wiped his tears several times.He ended his speech in this way: "Unity, Dedication, for the Kingdom of Denmark", this is his Royal Motto, a tradition that lasted for 500 years to laid the foundation for the rule of the new monarch.

Frederick on the balcony with his wife born in Australia, Mary, 51, and their children together: Christian, 18 years old, is the new heir, 16 years old, 16 years old, 16 years old, 16 years old, 16 years old.Princess Isabelle and 13 -year -old twin, Princess Josephine and Prince Vincent.

The royal couple met during the Sydney Olympics in 2000.

They left after kissing on the balconyKanpur Stock. At this time, the cheers of tens of thousands of people rang the capital at the temperature of almost the freezing point.

A lady named "Marie) said:" They do well. I think they ended in a kiss, and the entire square is full of love and joy. "

In this country with a population of nearly 6 million, when the new king and the queen ascended the throne, the public's support and enthusiasm for the monarchy were unprecedented.

Indonesia has recorded a trade surplus for 44 consecutive months

According to data released by the Central Statistics Bureau of Indonesia on the 15th, the country's export volume was US $ 22.41 billion in December 2023, and the import value was $ 19.11 billion.This is the trading surplus for 44 consecutive months since May 2020.

The trade surplus of Indonesia in December 2023 was mainly supported by non -oil and natural gas products. Among them, the contribution surplus was mainly mineral fuel, animal and plant oil, and steel.At the same time, the difference between the commodity trade between the oily and gas commodity recorded a $ 1.89 billion deficit, which caused the deficit's commodity to be oil and crude oil.

As of December 2023, the total trade surplus in Indonesia was US $ 36.93 billion, a decrease of about 17.52 billion US dollars, a decrease of 33.46%compared with the same period last year.

Inflation is super expected that the European Central Bank will expect the European Central Bank to cut interest rates four times this year

A survey conducted by economists shows that as the inflation falls faster than previous expectations, the European Central Bank will cut interest rates four times this year.

Economists are expected to start rate cuts in June, with 25 basis points each time, and further rate cuts will be reduced in September, October, and December, and the deposit interest rate will be reduced to 3%.Although this is once more than the expected expectations last month, it is still more conservative than the six actions that investors expect from April.

The European Central Bank is currently moving, waiting to observe the impact of 10 rate hikes implemented since mid -2022 on the economy.Policy makers pay special attention to the wage development in the first half of 2024 to confirm that rising labor costs will not prevent inflation from slowing down to 2%.

Economists are now expected that the price increase will fall at a faster speed and fall to 2.3%by 2024.Compared with the survey in December last year, this data was revised down 0.3 percentage points.They still believe that as inflation has accelerated from the target level in the fourth quarter to an average of 2.1%in 2025, the future road will be rugged.

This situation is consistent with the warning of European Central Bank officials.European Central Bank officials have stated that the significant slowdown of inflation last year will not continue until 2024, partly because governments of various countries are gradually canceling assistance to solve the problem of high living costs.Agra Investment

The core inflation rate that eliminates unstable factors such as energy and food is expected to decline this year, but in 2025, it will be slightly higher, which is still higher than the European Central Bank's 2.2%goal.

The survey shows that after a decline in the second half of 2023, the economy will gradually recover and may increase this year.The growth of growth in 2024 remained stable, and the growth expectations in 2025 increased by 0.1 percentage points.

The Indian stock market has a record high!Nifty index rose to 22,000 points of technology stocks to rise

The Indian Nifty 50 Index hit a record high on Monday, breaking through the 22,000 mark, and the heavy stock WIPRO leading the technology industry, thanks to the expected financial report.

Before the deadline, the India's Nifty 50 Index rose 0.73%to 22,053.95 points, while the Indian Mencius Sensex 30 index rose 0.82%to 73,162.85, which also recorded a record high.

Technology stocks have the greatest to boost, among which WIPRO led the rise. Earlier, the company announced that the quarterly financial report in December was stronger than expected.Wipro rises by about 6%, which is the best stock in the Nifty index.

Other technology stocks are also generally high, and HCL TechNologies LTD (NS: HCLT), Tech Mahindra LTD (NS: TEML), TATA Consultation Services LTD (NS: TCS), and Infosys LTD (NS: Infy) stock price increased by 0.9%to 2 to 2. . 5%between.The financial report released by Infosys and TCS last week is better than expected, and HCL's quarterly profits are exceeded expected.

In addition, Tech Mahindra will release a quarterly financial report on January 24.

The strong science and technology company's financial report set a positive tone for the December Report Season. The consumer price index announced on Friday (12th) of India was inferior to expectations and also boosted the market's confidence in India.

The strong technology stocks have helped the Indian stock market to continue its strong rise since 2023. Investors have become more optimistic about India's strong economic growth, and they have poured into the Indian market.The Indian stock market rose by 20%in 2023, and is one of the best stock indexes in the world.

The recent outstanding performance of the Indian stock market is also mainly related to India's economic growth rate.India is the fastest growth in major global economies.In the third quarter of 2023, GDP (GDP) increased by 7%, and it is expected that the growth rate of GDP throughout the year will reach similar levels.

In recent years, private consumption and strong service industry have been the two key driving forces of the Indian economy. This trend has also attracted a large number of foreign capital to enter the Indian market.

France will spend more than 5.5 billion US dollars to buy 42 gusts fighters

The French Ministry of Defense announced on Friday that France has ordered 42 Rafale fighters to Dasau Airlines with a transaction amount of more than 5 billion euros (about $ 5.5 billion).

The procurement was carried out on the occasion of French members of the project of French cooperation with the development of the "gust".

According to the French Senate National Defense Commission, this project, known as Future Combat Air System, is expected to not be put into use by 2045 or 2050.

The Ministry of National Defense said that the French National Defense Procurement Bureau has notified Dasau Airlines and its equipment suppliers Thales, Safran and MBDA, which is a contract for the fifth production stage of the aircraft.

The Minister of Defense Sébastien Lecornu said in a statement that this is for our sovereignty and security, and our armed forces that will benefit from the additional 'gusts' from modern combat capabilities.It is good news."

The "Ge Gust" fighter aircraft entered the French Navy in 2004, entered the French Air Force in 2006, and participated in the operation in Afghanistan, Libya, Maria, Iraq, and Syria.

The latest contract has made the total number of "gusts" ordered by France reached 234, including 12 fighters specially ordered to replace the aircraft transferred to Greece in 2021.

The export orders of the "Ge Gust" fighter are currently 261 new aircraft; customers include Egypt, India, the United Arab Emirates and Indonesia.

In addition, Greece and Croatia each purchased 12 second -hand "gusts" from the French Air Force.

These new aircraft will be used for the Air Heavenly Army, a single -seater version, and meets the F4 production standards. The standard is developed in 2018.The standard focuses on connectivity and includes the upgrade of MBDA's Mica medium -range air -to -air missile and the "Spectra" self -defense system developed by Tyraz.

Safeng provides the fighter with the M88 Li Li turbine fan engine.

The Ministry of National Defense said that these jet aircraft will be upgraded to the F5 standard in the 2030s.The Senate called for the upgrade work as soon as possible in 2024. The upgrade may include the loyalist drone (UAV) based on the European Neuron combat drone plan. Due to the uncertainty of the future air combat system, the cost of the future air combat system in the futureIt may be two to three times that of "gusts", and exports will be approved by German partners, and senators say in the November report.

The National Defense Commission said.Before the future air combat system is put into operation, France will need a top fighter to ensure its nuclear deterrence.

"Ge'ss" is considered to be a 4.5 -generation fighter, similar to the European Typhoon Fighter (EUROFIGHTER TYPHOON) and Saab's "GRIPEN", including stealth technology, which can achieve supersonic speed without using a force burner for performingSpecific distance combat.

Dasau Airlines said that the existing "gust" order, including the new contract, means that the production line of the jet will remain active in the next 10 years.

The company said that a total of 60 "gusts" were received in 2023, including 42 France and 18 Indonesia.

In contrast, the export order in 2022 was 92, which was separately released on Friday.Last year's delivery volume was 13, and the target of 15 was not achieved, and it was one less than the fighter delivered in 2022.

As of the end of December, the backlog voltage of the "gust" increased to 211, including 141 export orders; the backlog volume at the end of 2022 was 164.

South Korean President Yin Xiyue promised to extend the preferential period of chip investment tax

South Korean President Yin Xiyue said on Monday that it will expand the tax reduction and exemption of investment in the domestic semiconductor industry in South Korea to promote employment and attract more talents.

South Korea is the headquarters of the world's top storage chip manufacturers Samsung Electronics and SK Hynix. This measure aims to expand the scope of tax reduction and support to increase the competitiveness of high -tech industries including chips, monitors and batteries.

Yin Xiyue said at a symposium held with people and students in the semiconductor industry: "When talking with the heads of the country, the most talked about the bulletproof juvenile group and semiconductor."

In January 2023, the South Korean government announced a plan to provide a large tax reduction and exemption for semiconductor companies investing in domestic investments. The plan will end this year.

In this regard, Yin Xiyue said: "Semiconductor investment tax reduction was originally scheduled to expire this year, but we will extend its legal effect and continue the investment tax reduction policy."

Yin Xiyue refuted that such tax reduction and exemptions give a preferential treatment to large enterprise groups.In the long run, the increase in chip investment will bring more employment opportunities and national taxes.

South Korean technology giant Samsung Electronics said that it is expected to invest 230 billion US dollars by 2042 to develop South Korean chip manufacturing bases.

*The pictures of this article are derived from the Internet. If there is any infringement, please contact the background to delete

01-2024

01-2024

01-2024


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