Money Today Reporter Hwang Ye-rim, Reporter Kwon Hwa-soon | 2024.04.30 16:39
2Trend of delinquency rate in financial institutions/graphic=Seonjeong Yoon
The reason why the financial authorities mandate light auctions of insolvent real estate PF (funding of real estate projects) Businesses second-tier financial institutions every three months is not irrelevant to ‘catch out’ of second-tier financial institutions. Although Saemaul Geumgo alone has already exceeded the delinquency rate of 7%, he is passive in selling his business, saying, “I will not take any losses.” Attention is drawn to the fact that there is still a persistent expectation in the secondary financial sector that if interest rates fall in the future, insolvent businesses can become good businesses again. ▶ Related article: [단독]Saemaeul Geumgo and other mutual fund companies hold PF auctions every three months… Land price adjustments begin in earnest
According to the financial sector on the 30th, the delinquency rate of secondary financial institutions such as savings banks, Saemaeul Geumgo, and credit unions has increased significantly over the past year. The delinquency rate of savings banks at the end of last year was 6.55%, almost doubling from 3.41% at the end of 2022. It is estimated that the delinquency rate rose to the 7-8% range in the first quarter of this year.
Market Turmoil: Paramounts CEO Dismissal Sparks Speculation Of…
Paramount Global Faces Uncertainty After CEO Ouster
Paramount Global’s recent decision to remove CEO Bob Bakish has left investors feeling uneasy about the future of the media conglomerate. The company’s shares dropped over 4% following Bakish’s departure, with three senior executives stepping in to temporarily lead Paramount Global.
Speculation Surrounding M&A Deal
Analysts believe Bakish’s dismissal, coupled with Paramount Global’s reluctance to address questions during its first-quarter earnings call, indicates a potential merger on the horizon. Despite positive Q1 results, including a significant increase in Paramount+ streaming subscribers and improved TV group revenue, concerns over a sale of the company have overshadowed financial achievements.
Future Leadership and Acquisition Talks
The appointment of a temporary leadership trio has raised questions about the company’s direction, with speculations that David Ellison’s Skydance Media may play a significant role in the future. Reports suggest that Skydance is prepared to walk away from a deal if Paramount shareholders are given veto power, adding to the uncertainty surrounding the potential merger.
Rival Offer and Shareholder Concerns
Sony Pictures and Apollo Global Management are reportedly considering a joint bid to acquire Paramount Global, presenting an alternative to the Skydance merger. However,
Institutions And Businesses Together To Innovate
3. commitment to personalized medicine, advanced therapies, rare diseases, combinations of technologies to manage comorbidities or chronicity.
The second is life expectancy which in 2023 in Italy increased by six months and returned to pre-Covid levels. A result achieved thanks to the synergy between innovation and commitment of institutions, healthcare professionals and companies.
The third is patent applications in the Life Sciences, an area in which Italy has grown by 32% in the last five years, more than the EU average (15%) and other sectors at national level (16%). Innovation runs fast and integrates technology and skills, through the digital revolution and Artificial Intelligence, up to Research in space. A holistic approach – underlined by the Minister of Health, Orazio Schillaci – which uses all the tools available and leads to increasingly significant results to improve health, prevention, appropriateness and planning. A common commitment also to address urgent health challenges such as, for example, the development of innovative antibiotics. With an evolution that will also concern the pharmaceutical industry, as a fundamental hub of an interconnected Life Sciences system between research, manufacturing, training, services, Big Data analysis, National Health Service.
It therefore becomes a priority to accelerate the review of governance and policy models.
LEGAL SECURITY Civil And Commercial Jurisprudence Are Getting…
The committee for developing the case law report met in Ampefy.
A collection of case law in civil and commercial matters is being developed, with the aim of ensuring better application of the law and more equitable and inclusive justice. A text standardization workshop took place in Ampefy on Friday.
Its main objective: “to unify Malagasy jurisprudence, limit appeals on points of law, avoid disparities in judgment and guarantee legal certainty for all litigants”, according to an official press release. This initiative aims to consolidate and make accessible a reliable and up-to-date case law database by 2025. This resource will serve as an essential reference for magistrates, lawyers and all stakeholders in the judicial system.
Randrianarisoa Salohy Norotiana Rakotondrajery, Director General of Judicial Affairs, Studies and Reforms, underlined the importance of this initiative: “The provision of a good case law database represents one of the major challenges of the Department of Justice. Indeed, the use of this database will reduce research time for magistrates who are already understaffed and will help them to process the files submitted to them with quality and speed.”
Credibility
Actions to collect and sort judgments were previously carried out to guarantee the quality of the case law to be produced.
Saudi Official: Washingtons Energy Sanctions On Russia Have…
A Saudi official confirmed that American attempts to limit Russia’s revenues from energy supplies to the global market have failed.
Advisor to the Saudi Finance Minister, Hussein Askari, pointed out that Russia has adapted to the restrictions imposed on it, after it has mastered the best ways to avoid Western sanctions.
A soldier told Russian media: The failure of the United States is due to the willingness of countries to challenge American efforts.
Askari, a former member of the Executive Board of the International Monetary Fund, added that China and India are two countries that need oil and gas, and they are two large countries that are ready to challenge US sanctions.
He pointed out that as long as the cost of Russian energy resources remains acceptable to these countries, the authorities of these countries realize that the United States is not ready to impose sanctions on them for importing Russian energy resources.
Askari stressed that the excessive use of sanctions policies by the United States of America leads to a decline in global trade and a change in the structure of the global economy, and thus more inflation in the world,
Boston Dynamics Showed Off Sparkles, A Furry Robot…
#Boston #Dynamics #showed #Sparkles #furry #robot #dog #dance
The presentation of the robots is possible thanks to the digital choreographer – Choreographer
Boston Dynamics has unveiled Sparkles, a robot dog wearing a special suit called Spot. The suit makes Spot look like a giant toy dog. The developers said it was created to explore “the intersections of robotics, art and entertainment.”
The featured video shows Sparkles dancing alongside the original Spot. Robot dancing is made possible by Choreographer, a tool for creating and managing movements to music through Spot’s API.
The Choreographer tool, which became available last year to media and entertainment customers, bridges the gap between the creative process of a traditional choreographer and the technical process of programming a robot. Simply put, the digital choreographer analyzes Spot’s physics and environment, prioritizing balance before following certain steps.
“With this kind of intelligence built into the robot, you can just give higher-level instructions and Spot will do the rest. If you’re asked to do something physically impossible, or if you encounter a problem,
Boschetto Campacci Presents The Ruello 2020 Chianti Classico…
For the first time, Campacci grove, Castelnuovo Berardenga agricultural company owned by the Veronese entrepreneur Luigi Frascinowill be present at Vinitaly, where he will present the new Ruello 2020 Chianti Classico Riserva.
With a production that has reached 50,000 bottles in just a few years, 50% of which are destined for the foreign market, Boschetto Campacci continues its growth path at a national and international level, positioning itself as an emerging winery in the luxury sector.
The new Chianti will join the already well-known labels, including LVIGI 2019 and Persano 2022, positioning itself as a top-of-the-range wine, for a refined and high-quality target. Born from the union between the knowledge of the winemaker Riccardo Cotarella and the passion of Luigi Frascino, the Ruello 2020 has a brilliant ruby color and a delicately lightening edge. With a complex and deep bouquet, with hints of ripe cherries, ripe plums and a delicate note of spices, the new Chianti Classico Riserva is characterized by the subtle aroma of dried rose petals and the light aftertaste of fine wood and molasses, which adds further depth to his character. On the palate, it stands out for its clarity and elegance. The fruit blends harmoniously with sweet tannins and finely integrated wood.
Strong Auto Industry: Chinas Profits Despite Falling Profits
2024 Beijing International Automotive Exhibition starts in Beijing on April 25, 2024. ( The Yomiuri Shimbun via AP Images )
Ichiro Ohara/AP via dpa
Chinese manufacturers’ profits fell last month, but automakers made significant gains in the first quarter.
Weak domestic demand is prompting Chinese companies to sell their products abroad en masse.
China became the world‘s largest car exporter last year, overtaking Tesla in electric vehicle sales.
This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.
Profits at major Chinese manufacturers fell last month, but automakers posted a significant gain in the first quarter – one of the sectors that worries U.S. officials.
The National Bureau of Statistics (NBS) reported on Saturday that major manufacturers’ profits fell 3.5 percent in March compared to a year earlier. In the first three months of the year, profits rose 4.3 percent to 1.51 trillion yuan (194 trillion euros).
The new data highlights how weak domestic demand is eating into Chinese manufacturers’ profits and prompting companies to sell their products abroad en masse.