News

Governor of the Reserve Bank of India: The latest nominal GDP data released was "unexpected", and the Reserve Bank of India had previously forecast GDP growth of 7% year-on-year in the third quarter, and now we need to improve our forecasts.

The launch of the H3 rocket carrying the Japan Aerospace Exploration Agency's Michibiki 5 satellite system was postponed due to the emergency.

Venezuelan government: U.S. President Trump’s blockade is “completely irrational” and violates free trade and freedom of navigation.

Governor of the Reserve Bank of India: Interest rates will remain low for a long time.

RBI Governor: The impact of the US trade deal (on interest rates) could be as high as about half a basis point.

In a statement, Venezuela rejected U.S. President Trump’s “ridiculous threats.”

Hong Kong smart driving concept stocks rose in early trading, with Hesai-W (02525.HK) up 4.42%, Pony.ai-W (02026.HK) up 2.56%, Sagitar Juchuang (02498.HK) nearly 2%, and Geely Automobile (00175.HK) up more than 1%.

Hong Kong stocks opened, with the Hang Seng Index opening up 0.03% and the Hang Seng Technology Index opening up 0.09%. Hansoh Pharmaceuticals (03692.HK) opened up 1.89%. It recently entered into a licensing agreement with GLENMARK for Ametinib.

Japan issued 3.2 trillion yen in short-term government bonds.

Fed Goolsby: The economy will continue at a steady pace as we move into 2026.

US President Trump: Nominated Troy Edgar as the next US Ambassador to El Salvador.

According to NBC News: U.S. President Trump is expected to sign an executive order as early as this week to speed up the reclassification process of marijuana.

New energy vehicles:1. Japan plans to increase taxes on pure electric vehicles in 2028. 2. Changan Automobile: With the expansion of L3 scale, it can be reduced to 150,000-level models in the future. 3. Xpeng executives revealed that L3 is expected to be fully launched in the next quarter. 4. Hongmeng Zhixing starts internal testing of L3 conditional autonomous driving. 5. Tesla was required to make rectifications within a time limit in California, otherwise sales would be suspended. 6. Waymo is discussing raising billions of dollars in funding at a valuation of more than $100 billion. 7. Tesla: Plans to produce up to 8 gigawatt hours (GWh) of battery cells per year in Berlin starting in 2027. Artificial Intelligence:1. Qianwen launched a new AI mini theater function. 2. Alibaba releases movie-level video model Wanxiang 2.6. 3. Doubao AI mobile phone has resumed sales, and was interviewed to refute the rumors. 4. ByteDance Seedance 1.5 pro audio and video creation model is officially released. 5. Meta launches SAM Audio, an AI model for sound segmentation. Others:1. The United States threatens to take countermeasures against EU companies over digital tax issues. 2. Foreign media: Apple plans to expand its iPhone product line from five to seven models by the fall of 2027. 3. A former employee of 360 claimed to have helped Zhou Hongyi "make false accounts worth at least several billion." Zhou Hongyi issued a statement: Extremely untrue and the impact was bad. 4. Taiwanese media: Samsung Electronics is close to finalizing an agreement with NVIDIA and will supply more than 30% of its sixth-generation HBM4 chips in 2026.

Market news: The United States and Japan will consider projects that may use US$550 billion in funds.

Japan's seasonally adjusted merchandise trade balance in November was 62.893 billion yen, expected to be -206.9 billion yen, and the previous value was -4.222 billion yen.

Japan's unseasonally adjusted merchandise trade balance in November was 322.2 billion yen, compared with the expected 71.2 billion yen, and the previous value was -231.8 billion yen.

Japan's core machinery orders in October were at a monthly rate of 7%, expected to be -2.3%, and the previous value was 4.20%.

Japan's October core machinery orders annual rate was 12.5%, expected to be 3.6%, and the previous value was 11.60%.

Japan's annual merchandise import rate in November was 1.3%, expected to be 2.5%, and the previous value was 0.7%.

Japan's annual merchandise export rate in November was 6.1%, expected 4.8%, and the previous value was 3.6%.