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US Treasury Secretary Yellen: Trump's widely implemented tariff policy may undermine the progress made on inflation and increase costs. He talked with Trump's nominee for finance minister, Besant, and discussed the broad responsibilities of the Ministry of Finance.Tesla shares rose 1.5% before the market.Bank for International Settlements: The biggest threat to global stability is the debt carnival of governments. The Bank for International Settlements (BIS) said that the biggest threat to world economic stability is the government's borrowing habits, and the recent changes in market sentiment should be vigilant. Claudio Borio, a senior official of BIS, said in his quarterly report that priority should be given to repairing public finances before the panic of bond investors spreads. "The global financial outlook is still very worrying," said the retiring head of the BIS monetary and economic department. "The trajectory of government debt poses the most serious threat to macroeconomic and financial stability."

CNNC Titanium Dioxide: An energy project agreement with an investment of 4.27 billion yuan was signed, and CNNC Titanium Dioxide announced that the company and Guangdong Construction Engineering signed the Cooperation Framework Agreement for Comprehensive Energy Projects in Baiyin City, Gansu Province, and planned to jointly invest in the development of comprehensive energy projects. The cooperative projects include cogeneration project, source network storage project and Jingtai new energy project, with a total investment of about 4.27 billion yuan. Among them, the cogeneration project is expected to invest about 800 million yuan, the source network storage project is expected to invest about 2.5 billion yuan, and the Jingtai new energy project is expected to invest about 970 million yuan. After the signing of the agreement, the specific implementation of the project needs to obtain relevant approval, and the actual investment scale will be determined according to the progress of the project.Ferrari CEO: I don't think the demand will change after the Trump administration takes office, just in case it is preparing.Standard Chartered Group: Independent non-executive director David Conner will step down as a member of the board of directors, and Standard Chartered Group (02888) will announce that independent non-executive director David Conner will step down as a member of the board of directors, as well as a member of the audit committee, the risk committee and the remuneration committee of the board of directors, with effect from December 30, 2024. Diane Jurgens and Jackie Hunt, independent non-executive directors, will join the Risk Committee of the Board of Directors with effect from January 1, 2025, while David Tang, independent non-executive director, will retire as a member of the Committee from the same date.

Jinggu Forestry: The application for issuing A shares to a specific target was accepted by Shanghai Stock Exchange. Jinggu Forestry announced that the company received the Notice on Accepting the Application for Issuing Securities by Listed Companies on the Main Board of Yunnan Jinggu Forestry Co., Ltd. in Shanghai Stock Exchange on December 11, 2024. The Shanghai Stock Exchange checked the prospectus and related application documents submitted by the company for the issuance of securities by listed companies on the main board of Shanghai Stock Exchange, and considered that the application documents were complete and in line with the statutory form, and decided to accept them and conduct audit according to law. The company's issue of A shares to a specific target needs to be examined and approved by the Shanghai Stock Exchange and approved by the China Securities Regulatory Commission before it can be implemented.US Department of Defense: the State Council approved the sale of vehicle maintenance equipment to Kuwait, with an estimated value of $300 million.US Department of Defense: the State Council approved the sale of vehicle maintenance equipment to Kuwait, with an estimated value of $300 million.