Indian Rupee's exchange rate against the US dollar fell below 84.86, a record low.Daiwa Capital Market raised the target price of Tesla from $285 to $420.Daiwa Capital Market raised the target price of Tesla from $285 to $420.
Citigroup slightly lowered South Korea's GDP growth forecast to 1.5% next year. It is expected that the Bank of Korea will cut interest rates next month. Citigroup released a report saying that considering the worse economic sentiment in South Korea this month, it slightly lowered its GDP forecast for this year and next year by 0.1 percentage point to 2.1% and 1.5% respectively. The bank slightly lowered Korea's GDP growth forecast for the last quarter of this year by 0.1 percentage point to rise by 0.3% quarterly, and raised its GDP growth forecast for the first quarter of next year by 0.1 percentage point to rise by 0.6% quarterly. Looking forward to the first quarter of next year, the bank expects South Korea to adopt a combination of expansionary policies, including the Bank of Korea's expected interest rate cut to 2.75% in mid-January, and the government's expected additional budget of 30 trillion won (equivalent to about 1.1% of GDP next year). It is expected that the Bank of Korea will cut interest rates by 25BP each in January, April, July and October next year, and the final interest rate is expected to be 2%.Samsung has lowered its mobile phone production target to 229 million units next year. Samsung Electronics has set a mobile phone production target for 2025, and plans to produce about 229 million smartphones. This goal includes 179.4 million units produced by ourselves and 49.9 million units produced by joint design and manufacturing (JDM). Compared with the initial plan of 237 million units in October this year, this target has been lowered by 7-8 million units, only slightly higher than the shipment forecast for the whole year of 2024.Chief Economic Adviser of India: Continuing to support high-quality capital expenditure will be the driving force to maintain India's economic growth.
The main fuel contract rose by 4.00% in the day and is now reported at 3188.00 yuan/ton.Korean Air passed the US antitrust review, clearing the way for completing the Asiana Airlines transaction.South Korean police tried to search Cheongwadae's office again.
Strategy guide
12-14
Strategy guide
Strategy guide 12-14