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South Korea's Minister of Planning and Finance, Choe Sang-mu, told Congress that the downside risks facing the economy are increasing.There will be another high-speed railway station in Xi 'an. According to the news of WeChat official account released by Xi 'an, on December 7th, with the completion of the last concrete pouring, it marked the completion of the underground structure construction of Gaoling Station of Xi 'an-Yan 'an high-speed railway, which was built by Shaanxi Company of Xicheng Passenger Dedicated Railway and Beijing Engineering Bureau Group of China Railway, and entered the construction stage of the above-ground main structure in an all-round way.Allan Monks, an economist in JPMorgan Chase: The Bank of England's signal about gradually cutting interest rates has been very strong recently, suggesting that the possibility of cutting interest rates next week is very low. However, if the signs of the accelerated weakening of the labor market continue, it will force the Bank of England's Monetary Policy Committee to deviate from this information.

Spot gold rebounded more than $7 in the short term and is now reported at $2,683.07 per ounce.Chen Honghui, director of the Health and Health Commission of Hubei Province, is the new deputy secretary of Yichang Municipal Committee. According to the Three Gorges Daily in Yichang, Hubei Province, on December 10th, Yichang held a meeting of leading cadres in the whole city, and the organization department of Hubei Provincial Committee announced that Chen Honghui was appointed as a member, standing committee member and deputy secretary of CPC Yichang Municipal Committee. Previously, Chen Honghui served as Party Secretary and Director of Hubei Provincial Health and Wellness Committee.The Central Finger Research Institute: In November, the price of second-hand houses in Beijing narrowed by 0.17 percentage points from the previous month. On December 11th, the Central Finger Research Institute released a map of the price of second-hand houses in the top ten cities in November 2024, showing that in November 2024, 18,763 sets of second-hand houses were sold in Beijing, up 8% from the previous month and 49.6% from the same period last year. The cumulative turnover from January to November increased by 8.2% compared with the same period last year. In terms of price, in November, the price of second-hand housing in Beijing fell by 0.12% month-on-month, narrowing by 0.17 percentage points from the previous month.

The chairman of Japan's trade union called on the government to speed up its efforts to raise wages, and the chairman of Japan's Metal Workers' Union urged the government to speed up the pace of wage increase, while expressing concern about the premature tightening measures taken by the Bank of Japan. Akihiro Kaneko, president of the Board of Directors of the Japan Metal Workers' Union, said that we need to see the situation improve this year when talking about the government's measures to help small and medium-sized enterprises pass on costs to consumers through the supply chain. If we put off this effort for five or ten years, there will never be any improvement. Kaneko's remarks come as Japan prepares for annual wage negotiations, which will culminate this spring. In next year's negotiations, the union announced a record target of a monthly salary increase of 12,000 yen (US$ 79) or more. Kaneko said that we need to send a clear message that our salary increase target (this year) is higher.At midday, the main contract of alumina futures opened lower, and now it is down nearly 3% to 5101 yuan/ton. In the news, according to Shanghai Nonferrous Metals, on December 10th, 30,000 tons of alumina was sold overseas, with a transaction price of $680/mt FOB Western Australia, and the shipping date was in late January/early February.Bain raised its offer for Fuji Software to 9,600 yen per share.