China Musings | Asia Pacific 3 New Shifts, 1 Sticky Theme We address three changes that have taken place since our mid- year outlook (trade talks, trade-ins, and the trickle of reform), and one that hasn't: why deflation remains the core macro constant. June 12, 2025 08:24 AM GMT • Allocated trade-in funding is used up in some regions: According to official disclosures, the central government has allocated and distributed two batches of trade-in funds. Rmb81bn on January 6, and another Rmb81bn in late April ...

不仅是青岛市政集团和城发集团合并组建市政开发集团，打造新型智慧城市建设运营集团，此前，国信 集团整合内部资源，成立青岛海洋发展集团，搭建一二三产联通融合的海洋产业生态体系；华通集团和 有关市属企业，对市属企业有关数据产业资源实施专业化整合，组建青岛数据集团；将饮料集团重组并 入青啤集团，实现强强联合，打造食品饮料产业赛道世界一流企业；市国资委配合市财政局整合市属企 业融资担保业务资源，组建青岛融资担保集团。 其中，去年11月海洋集团正式组建后，构建以现代渔业与食品、海洋药物与生物制品为支柱产业，以海 工装备等战略新兴领域为培育产业的五大产业体系。力争用3年时间，实现资产总额300亿元、收入120 亿元、利润10亿元，综合实力进入全国海洋产业集团前列，力争到2035年带动千亿级海洋产业集群发 展。 继青岛饮料集团重组并入青啤集团后，青岛市属国企整合再出大招。6月13日，青岛市政府新闻办召开 政策例行吹风会，介绍《青岛市市属企业主责主业管理办法》相关情况，会上透露，青岛市政集团和城 发集团合并组建市政开发集团，打造新型智慧城市建设运营集团。这背后的逻辑就是逐步解决同质化竞 争问题，有效提升资源配置效率，推进国有经 ...

The Senate Finance Committee holds a hearing on fiscal year 2026 budget for the Department of Treasury and tax reform with Treasury Secretary Scott Bessent on Thursday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. Fr ...

The latest polls make it clear. And the public outcry makes it clear, too. Overreaching on immigration is a not only a moral loser, it's a political loser for Trump so far.And protests over that overreach are spreading nationwide. No kings rallies are planned in all 50 states this Saturday and are expected to be massive. But these protests are spreading across the country tonight.This is the scene in San Antonio, Texas right now. Hundreds of people holding signs, playing music, cheering and chanting, peacef ...

.@SteveForbesCEO shares a blunt message to Republican Senators: stop the carping over the Big Beautiful Bill and make it better by ditching the "revenge tax," ending capital gains taxes, and adding more reforms that will unleash the economy. #WhatsAhead https://t.co/KaWk3HwheB ...

v e r s i o n l a u n c h OECD Economic Surveys: Germany 2025 June 2025 Volume 2025/15 OECD Economic Surveys: Germany 2025 Volume 2025/15 June 2025 OECD Economic Surveys: Germany 2025 v e r s i o n l a u n c h This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under ...

.@SteveForbesCEO shares a blunt message to Republican Senators: stop the carping over the Big Beautiful Bill and make it better by ditching the "revenge tax," ending capital gains taxes, and adding more reforms that will unleash the economy. #WhatsAhead https://t.co/cc2VvAV7ER ...

Summary of SLM (Sallie Mae) 2025 Conference Call Company Overview - **Company**: Sallie Mae (SLM) - **Event**: 2025 Conference held on June 10, 2025 Key Points Company Evolution and Strategy - Sallie Mae has adopted a hybrid growth and capital return strategy, aiming for modest balance sheet growth post-CECL phase, with a target of mid- to high single-digit organic earnings growth and double-digit earnings per share growth over time [4][6] - In 2024, Sallie Mae achieved a 10% year-over-year growth in originations, exceeding initial expectations, and grew the balance sheet by approximately 3% [5][6] - The company exited a low-yielding legacy portfolio, resulting in a more significant growth in the PSL balance, estimated at around 5% [6] Federal Student Loan Reform - Anticipation of federal student loan reform is high, with expectations for meaningful changes that could impact the private lending market [9][30] - Sallie Mae believes that the current federal program allows excessive borrowing without proper underwriting, leading to unsustainable debt levels for students [9] - The company is preparing for potential reforms and is optimistic about the opportunities they may present [9][30] Competitive Landscape - Sallie Mae maintains a competitive edge with over 2,000 college relationships across the U.S., which is expected to continue benefiting both undergraduate and graduate loan segments [12] - The graduate loan market is currently limited, primarily due to competition from the federal PLUS program, which offers unlimited borrowing without underwriting [16][22] Credit Quality and Underwriting - The credit profile of graduate borrowers is generally stronger than that of undergraduates, as they typically have established credit histories [12][18] - Sallie Mae follows a risk-based pricing methodology and expects to maintain a low annualized net charge-off rate in the high ones to low 2% range [19][37] - Recent changes in underwriting practices are expected to yield benefits over time, particularly as newer cohorts enter repayment [45][46] Capital Markets and Loan Sales - Sallie Mae executed a $2 billion loan sale earlier in the year, achieving strong execution with nearly 10% returns [21] - The company plans to continue its loan sale strategy, which has been critical for managing balance sheet size and capital [22][25] - Market conditions have changed, leading to increased uncertainty, but there remains broad demand for the asset class [25] Strategic Priorities - The company has outlined four key strategic priorities: executing the core strategy, preparing for federal reform, exploring alternative funding sources, and optimizing education services to create additional revenue streams [30][52] - Sallie Mae is committed to meeting its guidance for the year and exceeding its five-year framework, with a focus on operational readiness for potential reforms [51][52] Market Trends and Future Outlook - The company is observing trends in the education market, including a shift towards nontraditional education programs, which are being evaluated for their return on investment [48][49] - Sallie Mae is optimistic about the potential for growth in the graduate loan market and the overall education financing landscape as reforms are anticipated [30][49] Additional Insights - The company has a low exposure to international students, as its programs require borrowers or cosigners to be U.S. citizens or legal residents [20] - The management is focused on creating a more resilient capital structure that is less dependent on market conditions, which could enhance earnings stability [31][52]

每周日至每周四推送明日股市重大公告！内容包含"停复牌、增减持、投资中标、收购、业绩、解禁、 高送转"等一系列个股利好利空公告，其中重要公告均以红色标注，帮助投资者提前寻找到投资热点， 防范各类黑天鹅事件，并且有充足的时间进行分辨和寻找合适的上市公司。 ①创新药+机器人+AI智能体+脑机接口！这家公司参与设立新产品战略相关基金主要投资于创新药等领 域；②固态电池+可控核聚变+算力+机器人+体育产业+国企改革！这家公司固体氧化物电池研发项目在研 发攻关过程中；③固态电池+机器人！这家公司与小米下属公司战略合作研发机器人电子皮肤。 前言 ...

①创新药+减肥药+AI医药！这家公司目前已经建成多个创新药自主研发平台；②云计算+数字货币+区块链 +移动支付+智谱AI+华为！这家公司与五大行及商业银行完成数字人民币系统的对接和开发；③机器人+国 企改革！公司筹划重大资产重组聚焦清洁能源发电业务。 每周日至每周四推送明日股市重大公告！内容包含"停复牌、增减持、投资中标、收购、业绩、解禁、 高送转"等一系列个股利好利空公告，其中重要公告均以红色标注，帮助投资者提前寻找到投资热点， 防范各类黑天鹅事件，并且有充足的时间进行分辨和寻找合适的上市公司。 前言 ...