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The Federal Reserve's recent meeting led to a significant drop in stock and Treasury markets, while the dollar hit its highest level since 2022.
The meeting's unexpectedly hawkish tone![]()
was highlighted by four main points:
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...
The meeting's unexpectedly hawkish tone
-Reduced expectations for rate cuts
-Increased projections for 2024 PCE inflation
-Clear signs of inflation risks
-Dissent among several committee members.
As anticipated, the Federal Open Market Committee (FOMC) cut the f...
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$Lichen China (LICN.US)$
Recent Developments:
• AI Large-Scale Model Launch: The company has co-developed an AI large-scale model with JD Technology, scheduled for trial operation at the end of December 2024. This initiative aims to enhance management efficiency in finance, taxation, and law for enterprises.
• Registered Direct Offering: On December 13, 2024, Lichen China completed a registered direct offering, raising approximately $2.7 million through the issuanc...
Recent Developments:
• AI Large-Scale Model Launch: The company has co-developed an AI large-scale model with JD Technology, scheduled for trial operation at the end of December 2024. This initiative aims to enhance management efficiency in finance, taxation, and law for enterprises.
• Registered Direct Offering: On December 13, 2024, Lichen China completed a registered direct offering, raising approximately $2.7 million through the issuanc...
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$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
BYD has entered the Omani automotive market, marking an important step in its expansion into the Gulf region.
The Chinese new energy vehicle (NEV) maker held a brand launch in Oman's capital Muscat recently, as well as opening ceremonies for three local stores, according to an announcement yesterday.
BYD has launched five models in Oman -- Han, Yuan Plus, Seal, Song Plus DM-i and Qin Plus DM-i.
BYD's...
BYD has entered the Omani automotive market, marking an important step in its expansion into the Gulf region.
The Chinese new energy vehicle (NEV) maker held a brand launch in Oman's capital Muscat recently, as well as opening ceremonies for three local stores, according to an announcement yesterday.
BYD has launched five models in Oman -- Han, Yuan Plus, Seal, Song Plus DM-i and Qin Plus DM-i.
BYD's...
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