After the emergency martial law storm, South Korea's financial industry suffered successively. After the emergency martial law storm in South Korea, South Korea's financial industry suffered successively, and the stock market fluctuated obviously. This week, it began to rebound slightly. South Korean media pointed out that the uncertainty of South Korea's political situation may put its international reputation under downward pressure. South Korea's Deputy Prime Minister and Minister of Planning and Finance, Choe Sang-mu, held an "emergency macroeconomic and financial symposium" on the 10th to discuss the dynamics of the financial and foreign exchange markets and the countermeasures. According to South Korea's Chosun Ilbo reported on the 9th, after the emergency martial law storm, the total market value of South Korea's stock market evaporated by 58 trillion won within three days, and more than 400 billion US dollars of foreign exchange reserves were also threatened. As the political struggle of "impeaching the president" continues, not only finance, but also retail, alcohol, real estate, semiconductor export and other aspects of the Korean economy have also felt the chill. South Korean media believe that if financial instability and the stagnation of the real economy, the economy may fall into crisis sharply. According to the "Foreign Securities Investment Trends in November" released by the Korea Financial Supervisory Authority on the 10th, foreign investors sold 4.154 trillion won in the Korean securities market last month and sold Korean shares for four consecutive months. South Korea's "Asia Daily" said on the 10th that as South Korea re-entered the presidential impeachment time, the uncertainty intensified, and it is expected that the net selling behavior of foreign investors will continue. Although South Korea's stock market rebounded on the 10th, the uncertainty of the political situation put its international reputation under downward pressure. South Korea's Chosun Ilbo published a commentary on the 10th, saying that Fitch and Moody's, among the world's three major credit rating agencies, have successively warned that if the storm after martial law is prolonged, South Korea's national credit rating may be negatively affected. (CCTV)Market information: Adidas headquarters was raided for the second consecutive day related to tax evasion.The Nasdaq hit a record high of 20,000 points for the first time, and the Nasdaq continued to rise, hitting 20,000 points for the first time, setting a record high. The Nasdaq has risen by more than 33% this year. Star technology stocks rose, with Tesla, Google, Apple, Amazon, Meta and Netflix all hitting intraday record highs.
Spanish Foreign Minister: Assad is no longer in Syria, and the dictatorship has ended, which is a good thing.The US Treasury auctioned four-month treasury bonds, and the winning bid rate was 4.240% (4.315% on December 4th), and the bid multiple was 2.83 (3.10 in the previous auction).Apple or cooperated with Broadcom to develop AI server chips using TSMC's advanced process. According to The Information, Apple's cooperation with Broadcom this time is not complete design and production outsourcing in the traditional sense, but some key "chiplet" are provided by Broadcom. Core is a design method that modularizes the functions of the processor. Apple can combine multiple cores into a complete chip. This method not only simplifies the manufacturing process, but also effectively protects Apple's overall design secrets, even if the partners can't fully understand the chip architecture. It is reported that this processor code-named "Baltra" will be produced by TSMC in N3P process. N3P is an advanced manufacturing technology released by TSMC in April 2024, and it is expected to be applied to the processor of iPhone 17 Pro for the first time. This process technology has higher performance and energy efficiency advantages, and will provide strong support for AI servers.
Spanish Foreign Minister: Assad is no longer in Syria, and the dictatorship has ended, which is a good thing.The "Silk Road Ark" hospital ship carried out three-dimensional medical rescue drills in the South China Sea. Recently, the Navy "Silk Road Ark" hospital ship carried out three-dimensional medical rescue drills in the South China Sea, focusing on joint search and rescue, emergency medical rescue, wartime emergency handling and other subjects for inspection assessment. The assessment team randomly issued hundreds of assessment scenarios to effectively test the emergency response ability of all hospital ship personnel. (CCTV)The auction of 10-year treasury bonds in the United States from December 11: the bid multiple is 2.7, and the previous value is 2.58; The winning interest rate is 4.235%, and the previous value is 4.35%.