News

Russian Ministry of Defense: Shot down 29 Ukrainian drones at night.

The Polish Armed Forces said that Poland scrambled fighter jets to ensure airspace security after Russia launched air strikes in Ukraine.

Japan confirmed it has reached a broad trade agreement with Bangladesh to cut tariffs.

Ukraine's Energy Ministry says Russia has once again attacked Ukraine's energy infrastructure.

Indian Foreign Minister S Jaishankar said on Tuesday that India would provide assistance worth US$450 million to Sri Lanka for post-cyclone relief and reconstruction efforts.

Australia's S&P/ASX200 index closed up 95.80 points, or 1.10%, on December 23 (Tuesday), at 8795.70 points.

Despite Russia's unusually tight labor market, wage growth has slowed, further suggesting that the wartime economy is cooling. According to analysis, the wages of newly hired employees in Russia increased by only 6.9% year-on-year in November, far lower than the 18.9% increase in January.

U.S. companies have issued $1.7 trillion worth of investment-grade bonds this year, a figure close to a record high. This wave of debt issuance is mainly to raise funds for AI infrastructure construction, but it has also raised concerns about excessive debt.

The European Union is preparing to introduce inspections of imported plastics and take other measures to boost its recycling industry.

European Automobile Manufacturers Association: In November, Tesla's market share in the EU, UK and European Free Trade Association fell to 2.1%, while BYD's market share was 2%; Tesla's market share of pure electric vehicles was 9%.

European Automobile Manufacturers Association: Tesla's EU new car registrations fell by 34% in November, and BYD's EU new car registrations increased by 235% in November.

European Automobile Manufacturers Association: Toyota's new car registrations in the EU fell by 9.2% in November, while Stellantis (STLA.N) registrations increased by 0.3%.

The USD/INR 1-year implied yield rose 18 basis points to 3.26%, the highest level since August 2022.

Hong Kong building materials and cement stocks fluctuated higher, with Soochow Cement (00695.HK) rising by more than 6%, followed by China National Building Materials (03323.HK), Conch Cement (00914.HK), China Resources Building Materials Cement (01313.HK) and other stocks.

Thailand’s Ministry of Finance: The Governor of the Bank of Thailand and the Ministry of Finance will hold a briefing on the baht at 14:30 on Tuesday.

Sources said Japan is likely to assume long-term interest rates of about 3% in its fiscal 2026 budget, the highest level in 29 years.

USD/INR 1-month forward premium rose to 0.55 Indian rupees, the highest level since 2019.

U.S. Southern Command: One male was confirmed to have been killed during this operation, and no U.S. military personnel were injured.

U.S. Southern Command: Joint Task Force Southern Spear conducted a lethal kinetic strike against a low-visibility vessel in international waters.

Japan's Ministry of Economy, Trade and Industry predicts that Japan's crude steel production will fall by 1.7% year-on-year from January to March.