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After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)Market News: The Slovak Prime Minister said that Slovakia supports the normalization of relations between Russia and western countries and opposes the emergence of a new iron curtain in Europe. The Slovak Prime Minister emphasized that all conflicts will be finally resolved through negotiations.Shinhiro Niai, a member of Suntory's founder family, will be the president, and Sina Gangshi will be the chairman. On December 12, it was announced that Suntory Holdings had finalized the personnel transfer, and Shinhiro Niai, a vice president from the founder family, will be promoted to the president, and the current president Sina Gangshi will be the chairman. It is expected that Nobuhiro Niai will officially take office after the shareholders' meeting in March next year. This is Suntory's re-election as president by members of the founder's family after about 10 years.

The US media said that the Biden administration is considering imposing new sanctions on Russian oil trade. Informed sources: The details have yet to be finalized. The Bloomberg website reported on the 10th local time that the Biden administration is considering imposing new sanctions on Russian oil trade before Trump returns to the White House, and the specific details have yet to be finalized. The article said that the Biden administration is weighing new and stricter sanctions against Russia's lucrative oil trade, trying to increase pressure on the Kremlin before Trump returns to the White House. According to an insider who asked not to be named, the details of possible new measures are still being worked out, but Biden's team is considering imposing restrictions on some Russian oil exports. Up to now, the Russian side has not responded. (CCTV)Shinhiro Niai, a member of Suntory's founder family, will be the president, and Sina Gangshi will be the chairman. On December 12, it was announced that Suntory Holdings had finalized the personnel transfer, and Shinhiro Niai, a vice president from the founder family, will be promoted to the president, and the current president Sina Gangshi will be the chairman. It is expected that Nobuhiro Niai will officially take office after the shareholders' meeting in March next year. This is Suntory's re-election as president by members of the founder's family after about 10 years.The Global Ecosystem and Transformation Center jointly established by the Ministry of Finance and the World Bank, and the China-World Bank Group Global Ecosystem and Transformation Center jointly established by the Ministry of Finance and the World Bank, with the theme of ecological protection, conforms to the new needs of the times to meet global challenges and is a new achievement of cooperation between China and the World Bank in the new era. At the launching ceremony, Lan Foan, Minister of Finance, said that China adhered to the concept of "Lucid waters and lush mountains are invaluable assets" and further promoted the three major defense wars of blue sky, clear water and pure land. Over the past decade, the central government has invested nearly 6 trillion yuan to fully guarantee the construction of beautiful China. The "gold content" of China's ecological environment has improved significantly, and the "green content" of its development has increased significantly. (CCTV News)

Liu Shijin: To expand consumption, we should manage from the source, and give priority to improving basic public services and consumption of low-and middle-income groups. Liu Shijin, deputy director of the 13th Chinese People's Political Consultative Conference Economic Commission and former deputy director of the the State Council Development Research Center, pointed out in his speech at the main forum of the 2024 Southern Finance and Economics International Forum that the macro-economy is picking up, but it is also facing the increasing pressure of insufficient total demand, especially insufficient consumer demand, and the focus of which is insufficient service consumption. We should give priority to improving basic public services and the consumption environment of low-and middle-income groups through "source governance" to promote the integrated development of urban and rural areas. On the basis of short-term stimulus policies, combined with medium-and long-term reforms, we will solve the institutional problems that restrict the expansion of consumption and help China's economy achieve high-quality development. "At present, it is necessary to distinguish the problems caused by insufficient demand from the causes of insufficient demand." Liu Shijin pointed out that from the perspective of international comparison, the lack of consumption demand in China at this stage is a structural deviation. In Liu Shijin's view, it is necessary to identify the key points or pain points in expanding consumer demand at this stage. First, service consumption based on basic public services, including education, medical and health care, affordable housing, social security, culture, sports and entertainment, financial services, transportation and communication; Second, the middle and low-income class with migrant workers as the focus; Third, people-centered, urbanization and urban-rural integration. (21 Finance) For the first time, Nanjing Port docked with container ships of "longest ship scale" and "maximum load". Today (December 12th) morning, the largest container ship that entered the port since the opening of Nanjing Port, Panamanian vessel "Mai Di Hong Wei", successfully docked at Longtan Container Terminal, setting a new "double historical record" for the longest scale and maximum load of container ships entering the port. It is understood that the ship is 208.3 meters long, 29.8 meters wide and 33,715 tons deadweight. This voyage is a direct flight from Europe to Nanjing, which will directly increase the maximum container capacity of incoming ships from the current 1938TEU (standard container) to 2600TEU. The successful berthing indicates that 30,000-ton container ships can enter and leave Nanjing Port normally. (CCTV News)