"这将支持日本央行在未来几个月加息，"姜敏柱表示，"我们目前将12月加息视为基本情况。" （文章来源：新华财经） 据日本政府日前公布的数据，9月剔除生鲜食品的核心消费者物价指数（CPI）同比上涨2.9%，较8月的 2.7%进一步加速，符合市场预期，且持续显著高于日本央行2%的物价稳定目标。姜敏柱指出，"潜在的 通胀压力依然强劲"，叠加工资稳步增长正有效提振私人消费支出，构成通胀持续性的基本面支撑。 此外，日元汇率持续疲软亦被视为短期通胀上行的重要推手。姜敏柱分析称，进口成本上升可能在未来 数月进一步传导至终端价格，从而强化日本央行收紧货币政策的必要性。 新华财经北京10月24日电荷兰国际集团（ING）资深经济学家姜敏柱（Min Joo Kang）表示，日本不断 上升的通胀为日本央行在12月再次加息提供了明确依据，该机构目前已将12月加息视为基准情景。 ...

Core Viewpoint - ING has announced the appointment of Ljiljana Čortan as the new head of Wholesale Banking, succeeding Andrew Bester, effective no later than April 2026, pending regulatory approval [1][4]. Group 1: Leadership Changes - Ljiljana Čortan, currently the Chief Risk Officer (CRO) and a member of both the Executive Board and Management Board Banking, will continue in her current roles until the transition [1][2]. - Andrew Bester, who has led Wholesale Banking for the past five years, will step down to return to the UK and begin a non-executive career phase [4]. Group 2: Background of New Leader - Ljiljana Čortan has over 25 years of international banking experience, including roles in risk, corporate banking, strategy, and business development [2]. - Prior to joining ING in 2021, she served as a member of the Management Board and CRO at HypoVereinsbank, a subsidiary of UniCredit Germany [2]. Group 3: Comments from Leadership - Steven van Rijswijk, CEO of ING, expressed confidence in Čortan's capabilities to lead Wholesale Banking, highlighting her strong execution and leadership track record [3]. - Čortan emphasized her commitment to realizing the full potential of the Wholesale Banking business and thanked Bester for his collaboration [3]. Group 4: Transition and Future Plans - The search for a successor to the CRO position has already begun, with announcements to follow in due course [4].

Group 1 - The individual began investing in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - Recently, the investment strategy has evolved to combine long stock positions with covered calls and cash secured puts, reflecting a more sophisticated approach to investing [1] - The investment philosophy is fundamentally long-term, with a primary focus on REITs and financials, while occasionally covering ETFs and other stocks influenced by macroeconomic trends [1]

Group 1 - The individual began investing in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - Recently, the investment strategy has evolved to combine long stock positions with covered calls and cash secured puts, reflecting a more sophisticated approach to investing [1] - The investment philosophy is fundamentally long-term, with a primary focus on REITs and financials, while occasionally covering ETFs and other stocks influenced by macroeconomic trends [1]

Core Viewpoint - The U.S. dollar remains resilient but faces downside risks due to the lack of progress on the government shutdown issue, which will delay the release of official economic data [1] Group 1: Economic Indicators - The upcoming release of the Federal Reserve meeting minutes will be closely monitored by investors for insights into Chairman Powell's cautious stance on potential interest rate cuts [1] - The risk sentiment appears slightly dovish, which may lead to negative reactions for the U.S. dollar [1]

Core Viewpoint - Dutch bank ING is experiencing a delay in the completion of the sale of its Russian division to Global Development JSC [1] Company Summary - ING announced a previously planned sale of its Russian division to Global Development JSC [1] - The completion of this sale is now facing delays [1] Industry Summary - The news highlights ongoing challenges in the banking sector related to divestitures and geopolitical factors affecting operations in Russia [1]

Core Viewpoint - ING is in the process of exiting the Russian market through the proposed sale of ING Bank (Eurasia) JSC to Global Development, with the transaction expected to be completed in the third quarter of 2025, pending regulatory approvals [1][2]. Financial Impact - The expected negative post-tax P&L impact from the transaction is around €0.8 billion, which includes a book loss of €0.5 billion and €0.3 billion from recycling currency translation adjustments [2]. - The sale is anticipated to negatively affect ING's CET1 ratio by approximately 7 basis points [2]. Operational Changes - Since February 2022, ING has ceased new business with Russian companies and has significantly scaled down operations, reducing offshore exposure to Russian clients by over 85% to €0.7 billion as of June 30, 2025 [3]. - Of this exposure, €0.3 billion is covered under ECA or CPRI [3]. Company Profile - ING is a global financial institution with a strong European base, providing banking services through ING Bank, which employs over 60,000 staff and operates in more than 100 countries [4]. - ING Group shares are listed on the Amsterdam, Brussels, and New York Stock Exchanges [5]. Sustainability Efforts - ING aims to integrate sustainability into its operations, maintaining an 'AA' ESG rating from MSCI and a strong management rating from Sustainalytics as of June 2025 [6]. - The company is involved in financing sustainable activities while acknowledging that it still finances more activities that are not sustainable [6].

Group 1 - The announcement indicates that no stabilisation was carried out for the securities offered by INEOS Finance PLC [2] - The securities in question are Senior Secured Notes due in 2031, with an aggregate nominal amount of EUR 800 million and an offer price of 100 [3] - The stabilisation managers involved in this announcement include BNP Paribas, Goldman Sachs Europe SE, ING, ABN AMRO, and Commerzbank [4] Group 2 - The securities are not registered under the United States Securities Act of 1933 and cannot be offered or sold in the United States without registration or an exemption [5]

Group 1 - Deutsche Bank indicates that the continuous rise in gold prices reflects underlying panic in the stock market [1] - Credit Suisse states that comments regarding a "150 basis point rate cut" in Milan have minimal impact, with the market choosing to vote with its feet [1] - ING holds a neutral view on US Treasuries in the short term, while looking for opportunities to short 10-year Treasuries [1] Group 2 - CICC reports that the trend of deposit migration continues, but the pace has slowed [1] - Huatai Securities notes that the semiconductor equipment market in China is experiencing an "east rising, west declining" trend in the second half of the year [1] - CITIC Securities points out that the Democratic Republic of Congo has announced cobalt export quotas, which may lead to a strong increase in cobalt prices [1] Group 3 - CITIC Jinpu is optimistic about robots becoming a main line for technology growth allocation [1] - CITIC Securities reminds that the road testing for all-solid-state batteries has begun, and attention should be paid to their improvement and vehicle pressure [1] - CITIC Jinpu expects global investment in power grids to exceed $400 billion by 2025, indicating sustained high prosperity [1] Group 4 - Galaxy Securities believes that positive factors for banks are continuously accumulating, with mid-term performance expected to improve, signaling a potential turning point [1] - Galaxy Securities continues to favor computing-related PCB, domestic computing, IP licensing, and chip inductors in the second half of the year [1] - Everbright Securities states that the domestic engineering machinery market in August is "not dull in the off-season," with significant recovery in the non-excavator category [1]

Core Insights - OCI Energy has successfully closed construction financing for Project Alamo City, a significant battery energy storage system in Texas with a planned capacity of 120 MW and a 4-hour duration, aimed at enhancing grid reliability [1][3] - The financing package was underwritten by ING, which played a crucial role in advancing the project from concept to construction, including a construction-to-term loan and a tax equity bridge loan [2][3] - The project is expected to enter commercial operation in Q3 2027 and is backed by a 20-year Storage Capacity Agreement with CPS Energy, the largest municipally-owned utility in the U.S. [4] Company Overview - OCI Energy is a leading developer, owner, and operator of utility-scale solar and battery energy storage projects, aiming to accelerate the clean energy transition with a target of up to 10 GW by 2028 [5] - The company has a diverse nationwide portfolio and focuses on providing energy assets that drive economic growth and security for communities across the U.S. [5] Financial Partnership - The partnership between OCI Energy and ING Capital LLC is highlighted as a strong collaboration that facilitates innovative financing to support the energy transition [3] - ING Capital LLC serves as the sole coordinating lead arranger and administrative agent for the financing, showcasing its commitment to renewable energy projects [2][3]