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Market News: Australia and Papua New Guinea sign bilateral security agreement.Digging deep into the multiplier effect, we will launch a new round of coupons. Beijing will issue no less than 30,000 coupons for ice and snow, Changzhou, Jiangsu will issue 1 million yuan coupons for "Su Xin Consumption Celebrating New Year's Day" in 2024, and Xi 'an will launch a new round of coupons ... With the arrival of the peak consumption season at the end of the year, we will launch a new round of coupons distribution activities in many places and increase support for catering, cultural tourism and other consumption fields. The reporter found that the new round of coupons is characterized by multi-domain, rolling and multi-denomination distribution, covering catering, accommodation, sports and other fields. At the same time, rolling distribution of coupons can effectively cover important consumption nodes such as New Year's Day and Spring Festival, and multi-denomination coupons will also meet the diverse needs of different consumers. "The issuance of coupons can produce a multiplier effect and drive a wider range of economic activities. As a short-term stimulus measure, coupons will quickly boost consumer confidence, activate market demand, and at the same time drive the recovery and development of related industries. In particular, the accurate delivery of consumer vouchers in different fields and batches will help guide the consumption direction and optimize the consumption structure. " Zeng Fue, a professor at economics and management school of wuhan university, said. (Economic Information Daily)Huatai Securities: It is expected that the Fed will cut interest rates by 25bp in December, but the path of interest rate cut in 2025 is highly uncertain. Huatai Securities said that the overall inflation in November in the United States was in line with expectations, and the slight cooling of service inflation partially eased the market's concerns about inflation rebound. It is expected that the Fed will cut interest rates by 25bp in December, but the path of interest rate cut in 2025 is highly uncertain. Recently, the overall economic momentum of the United States has rebounded: from September to November, the PMI of Markit manufacturing in the United States has rebounded for three consecutive months; After the election, enterprises, especially small enterprises, are expected to improve, and the recent NFIB SME confidence index has rebounded significantly; The latest Atlanta GDP Now shows that the fourth quarter GDP growth rate of the United States is 3.3% year-on-year. However, considering that the unemployment rate data rebounded in November, and the recent inflation is still relatively moderate, we expect that the recent data may not prevent the Fed from cutting interest rates at its December meeting next week. However, in 2025, the growth and inflation path of the United States was disturbed by the Trump policy, and the Federal Reserve may "make a camera choice" on the basis of watching the overall economic trend. There is uncertainty in the path of interest rate cut in 2025.

Han Dongxun, leader of South Korea's ruling party, said that President Yin Xiyue should be dismissed immediately. The only way is for the ruling party members to vote for impeachment.Japanese and Korean stock markets opened higher, with the Nikkei 225 index rising 1.21% to 39,849.97. South Korea's KOSPI index rose 0.6% to 2,456.63.Yuncong Technology: "The R&D team of large-scale model agent products is basically dissolved" is all false information. Yuncong Technology said on the interactive platform that the company's R&D team is stable at present, and a rigorous and meticulous hierarchical division of labor system has been established for the research and development of large-scale model related products. The configuration of R&D echelon will be flexibly adjusted according to the continuous evolution of large model technology and the changes of market demand of agent products. The statements of "the No.1 position of the big model algorithm" and "the R&D team of the big model agent product is basically dissolved" mentioned in the question are false information, and the company reserves the right to pursue legal responsibility for this. The company has been unswervingly promoting the research and product development of large-scale model and agent-related technologies.

On the morning of December 12, 2024, the People's Court of Tongcheng County, Hubei Province publicly pronounced the case of Liu Gang, the former full-time vice chairman of Chengdu Football Association, for corruption, bribery and unit bribery, and sentenced the defendant Liu Gang to seven years in prison for corruption and fined 400,000 yuan. Sentenced to two years in prison for accepting bribes and fined 200,000 yuan; He was sentenced to one year's imprisonment and fined RMB 100,000 for bribery by a company, and decided to execute eight years' imprisonment and fined RMB 700,000. The property obtained from corruption shall be recovered according to law and returned to the injured unit respectively; The property obtained by taking bribes shall be recovered according to law and turned over to the state treasury.On the morning of December 12, 2024, the People's Court of Tongcheng County, Hubei Province publicly pronounced the case of Liu Gang, the former full-time vice chairman of Chengdu Football Association, for corruption, bribery and unit bribery, and sentenced the defendant Liu Gang to seven years in prison for corruption and fined 400,000 yuan. Sentenced to two years in prison for accepting bribes and fined 200,000 yuan; He was sentenced to one year's imprisonment and fined RMB 100,000 for bribery by a company, and decided to execute eight years' imprisonment and fined RMB 700,000. The property obtained from corruption shall be recovered according to law and returned to the injured unit respectively; The property obtained by taking bribes shall be recovered according to law and turned over to the state treasury.South Korean President Yin Xiyue made a public speech: I will fight with the public until the last moment.