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South Korea's former defense chief Jin Longxian's confidential mobile phone was detained by the police and the Ministry of National Defense. On the 12th local time, it was learned that the South Korean police and the Ministry of National Defense detained the confidential mobile phone of former defense chief Jin Longxian. (CCTV News)Thailand's consumer confidence index rose to 56.9 in November, boosted by stimulus measures, and Thailand's consumer confidence index rose from 56.0 to 56.9 in November.Home improvement stocks continued to rise, with daily limit of Wole Home, Meike Home, Yazhen Home, Mengtian Home, Jinpai Home and Double Gun Technology, while Dinggu Set rose by over 10%, while Shangpin home delivery, Fun Sleep Technology and Wrigley Home rose by over 5%.

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%.The 1800th train of "Yangtze River Train" started this year and completed the annual operation task 20 days ahead of schedule. On December 11th, on the first anniversary of normal operation, the 1799th and 1800th trains of "Yangtze River Train" started from Xianglushan Station in Wuhan and Chengxiang Station in Chengdu respectively, and completed the annual operation task 20 days ahead of schedule. "Yangtze River Train" is a hot-metal combined transport train in Sichuan to solve the "dam-breaking difficulty" of the Three Gorges of the Yangtze River and improve the transportation capacity of the golden waterway of the Yangtze River. It was launched on December 10, 2023 and reached the first thousand-train target after eight months of operation. Luo Sheng, director of the transportation marketing department of Shudao Railway Operation Group and general manager of Shudao Banlie Branch, said that "Changjiang Banlie" is the fastest-growing train product in Sichuan with the shortest time for over 1,000 trains.South Korean police tried to search Cheongwadae's office again.

Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board. On the afternoon of December 9, 2024, Lan Foan, Minister of Finance, met with Nott, Chairman of the Financial Stability Board, and his party by appointment. The two sides had an in-depth exchange of views on the work of the Financial Stability Board, the financial stability situation in China and the economic and financial policies of major economies. (Ministry of Finance website)South Korea's ruling party has made it a unified position within the party to oppose the "special inspection law for civil strife" and "Jin Jianchit's inspection law". South Korea's ruling National Power Party said that it will make it a unified position within the party to oppose the "special inspection law for civil strife" and "Jin Jianchit's inspection law". (CCTV News)The 10-year main contract of treasury bond futures rose in the afternoon, hitting a record high. The 10-year main contract of treasury bond futures rose in the afternoon and now rose by 0.17% to 108.335 yuan, hitting a record high. In addition, the 30-year main contract rose by 0.27%, the 5-year main contract rose by 0.07%, and the 2-year main contract rose by 0.03%.