finance and currency Top Reviews

Investors asked the Bank of India to allow the sale of national bonds as zero coupon bond. According to people familiar with the matter, investors urged the Bank of India to allow the state government debt to be converted into zero-coupon bonds. At a recent meeting with the Bank of India, insurance companies dominated the demand for facilities to register interest on national bonds and separate transactions of securities principal (STRIPS). Currently, the Reserve Bank of India only provides this function for federal debt. STRIPS is a popular product in the United States and other developed markets. It was first released in India in 2010, but it has little effect. However, in recent years, the demand for long-term savings products has increased and sales have surged. One of the people familiar with the matter said that allowing state bills to be converted into so-called divested bonds would give investors an additional spread of 30 to 40 basis points higher than that of similar federal securities. State bonds are illiquid and are usually sold at a higher yield than central government bonds.The latest development of quantum computing research: A new generation of quantum chips can improve the quantum error-correcting function. The internationally renowned academic journal Nature recently published a quantum computing paper saying that the latest generation of quantum chips of Google Quantum AI can realize the quantum error-correcting function of suppressing errors below a critical threshold, which is considered to be a necessary condition for realizing the practical application of quantum computing in the future. Researchers believe that the performance expansion of the latest generation of quantum chips may promote the operational requirements of large-scale fault-tolerant quantum computing. (Zhongxin. com)After the price increase, drivers asked Uber to relax the insurance restrictions in the UK.

The Israeli army launched about 250 air strikes in Syria within 48 hours. The website of Syrian Human Rights Watch, headquartered in Britain, released a message on the 10th that since the Syrian opposition forces announced on the 8th that they would "liberate Damascus and overthrow the Assad regime", Israel launched about 250 air strikes against Syria, destroying many important military facilities in Syria. According to reports, in the past 48 hours, Israeli air strikes targeted airports, warehouses, radars, military signal stations and multiple weapons and ammunition depots in Syria. Prudential is said to be considering selling about 30% of Hanya.

 FTSE China A50 index futures fell to 3.5%.Ministry of Agriculture and Rural Affairs: It will speed up the cultivation of a number of world-class seed enterprises. On December 10th, the Ministry of Agriculture and Rural Affairs held a press conference to introduce the general survey of agricultural germplasm resources in China. Liu Lihua, director of the Seed Industry Management Department of the Ministry of Agriculture and Rural Affairs, said that in the next step, we will further intensify our work in accordance with the requirements of building a strong agricultural country and the deployment arrangement of the seed industry revitalization action "achieving results in five years and achieving major breakthroughs in ten years", speeding up the identification and excavation of germplasm resources, and promoting the sharing and utilization of resources; Intensify efforts to tackle key problems in breeding innovation and strengthen the breeding and promotion of major varieties urgently needed for production; Increase support for formation enterprises and accelerate the cultivation of a number of world-class seed enterprises; Continuously optimize the layout of breeding and seed production bases and improve the seed supply guarantee ability of provenances; At the same time, promoting the revision of the regulations on the protection of new plant varieties, strengthening the protection of intellectual property rights of seed industry, comprehensively purifying the seed industry market, and ensuring that the revitalization of seed industry has made tangible new progress, so that everyone can get tangible new results.