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On January 29th, Jiumuwang announced that it expects to achieve a net profit attributable to shareholders of the listed company of 270 million to 324 million yuan in 2025, an increase of 93.79 million to 148 million yuan compared with the same period last year, representing a year-on-year growth of 54% to 84%. During the reporting period, affected by fluctuations in the secondary market, the fair value change gains and losses of the companys financial assets are expected to be 80 million to 90 million yuan, compared with a loss of 58.555 million yuan in the same period last year. The fair value change gains during the reporting period increased by approximately 140 million yuan compared with the same period last year.
Swiss customs data: Swiss seasonally adjusted watch exports rose 4.6% year-on-year in December, on a nominal basis, to CHF 2.15 billion.
On January 29th, Mike Sanders, head of fixed income at Madison Investments, stated in a report that regardless of who is nominated, the next Federal Reserve chair will find it difficult to implement openly politically driven interest rate policies. He indicated that even appointing a more dovish candidate would be constrained by the cautious and conservative Federal Open Market Committee. "Attempting aggressive moves at the front of the yield curve is likely to lead to higher long-term yields, ultimately contradicting the original policy objectives," Sanders said.
On January 29th, He Yongqian, spokesperson for the Ministry of Commerce, stated at a press conference that domestic services and other community-based family services are crucial to the well-being of the elderly and children, and are closely related to peoples lives. In 2025, the Ministry of Commerce, the Ministry of Finance, the State Taxation Administration, and other departments, fully considering the important role of the domestic service industry in promoting consumption, stabilizing employment, and benefiting peoples livelihoods, and based on feedback from the industry, promoted the extension of the aforementioned five tax and six fee preferential policies to the end of 2027. Going forward, the Ministry of Commerce will continue to cooperate with relevant departments to implement the tax and fee preferential policies in detail, conduct policy publicity and interpretation, and ensure that more high-value support policies benefit a wider range of domestic service companies, thereby accelerating the high-quality development of the domestic service industry.
Singapores fuel oil inventory for the week ending January 28 will be released in ten minutes.