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2024-12-14 04:36:44

ADB approved a loan of US$ 200 million for power infrastructure construction in Pakistan.Kremlin: (Asked about Russian Foreign Minister Lavrov's diplomatic means to provide Assad with safe passage) There is nothing to add to this.Market news: Poland will promote common defense funds during its presidency of the European Union.


Kremlin: We keep in touch with those who control the situation in Syria.The European Stoxx 600 Bank Stock Index hit a new high since August 2015, up 0.27%.Kremlin: Many people predict that Biden's administration will try to leave a difficult legacy by escalating tensions with Russia.


Pakistan KSE-100 index rose 0.5% to 109,693.20.Song Zhexie, Samsung Semiconductor: I feel the great potential of the semiconductor market in China and I am very willing to grow with China customers. At the Shanghai IC Industry Development Forum 2024 held today, Song Zhe Xie, general manager of Samsung Semiconductor Foundry Greater China, said that the semiconductor industry in China is not only growing in scale, but also improving the development quality of the whole industry from the product upgrading and process evolution of Samsung semiconductor customers. The development of new quality productivity is helping the semiconductor market in China to flourish. In the cooperation with customers in China, I feel the great potential of the semiconductor market in China, and I am very willing to grow with customers in China, and provide diversified solutions to meet the needs of customers in China to enhance the competitiveness of products.It is reported that the Bank of Japan thinks that it is no harm to raise interest rates later, but it does not rule out taking action in December. On December 11th, according to informed sources, officials of the Bank of Japan believe that it is not costly to raise interest rates later, and they are still open to taking action next week, depending on data and market trends. The authorities believe that even if the Bank of Japan decides to wait until January or later, it will not pay a huge price, because there are signs that there is little risk that inflation may exceed the target. They also said that if the December meeting proposed to raise interest rates, some officials would not object. According to people familiar with the matter, officials think it is only a matter of time to raise interest rates again, because the economy and inflation are in line with their forecasts. Before announcing the policy decision on December 19, officials will carefully evaluate the data and financial markets before making a final decision.

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