The Japanese government is planning to propose a corporate tax hike from April 2026 to cover higher defense spending, with the goal of doubling the defense budget to 2% of GDP by 2027. The government also proposed a tobacco tax increase in April 2026 and an income tax increase in January 2027.

According to data released by the General Administration of Customs on December 10, imports and exports in November were 3.75 trillion yuan, a year-on-year increase of 1.2%, and monthly imports and exports maintained growth for eight consecutive months.

On Monday, coking coal led the decline in the black series, with prices hitting a two-month low. At present, the terminal demand is in the seasonal off-season, steel prices fluctuate and fall, the profit of steel mills is poor, the pace of replenishment slows down

On December 6, the reporter learned from the Shanghai Border Inspection Station that from January to November this year, the Shanghai Border Inspection Station inspected 247,000 entry and exit (port) transport vehicles at Shanghai Port

China Grain Reserves Group Corporation issued an announcement that, in accordance with the work arrangements of relevant departments, China Grain Reserves Group Corporation and its affiliated related enterprises will continue to increase the scale of domestic corn production in 2024 in the northeast and other major corn producing areas in the near future, and actively enter the market to carry out purchases.

According to foreign media reports, industry analysis shows that Thailand's palm oil production estimate for 2023/24 was lowered by 3.2% to 3.32 million tons due to floods and seasonal low production.

Indonesia's inflation rate fell to a 40-month low in November, leading Maybank analysts to expect Bank of Indonesia to cut interest rates this month. Indonesia's headline inflation rate is now at the bottom of Bank of Indonesia's target range of 1.5%-3.5%

European natural gas prices surged to their highest level this year, topping €49/MWh, as the rapid depletion of storage sparked supply concerns. As of last Saturday, the EU's gas storage level was 85.47%, below the five-year average.

Russian President Vladimir Putin signed the budget of the Russian Federation for 2025, as well as the federal budget bill for the 2026-2027 planning period, as reported by RIA Novosti on December 1.

According to data from the U.S. Department of Commerce, the core PCE price index in the United States rose 2.8% year-on-year in October, the largest increase since April this year, in line with market expectations

Japan's Shigeru Ishiba cabinet has approved an economic stimulus package worth 21.9 trillion yen to tackle a range of challenges, from inflation to wage growth. While the scale of the stimulus package rolled out by Shigeru Ishiba's government is comparable to last year's

According to the latest data from the International Semiconductor Industry Association (SEMI), global IC sales increased by 12% quarter-on-quarter in the third quarter, mainly due to seasonal factors and strong demand for AI data center investment

The reporter learned on the 21st local time that Japan's Kansai Electric Power Company restarted the operation of the reactor of Unit 3 of the Mihama Nuclear Power Plant in Mihama Town, Fukui Prefecture.

On February 24, 2022, the Russia-Ukraine conflict broke out. As of today, the conflict has been going on for 1,000 days. Now, Russia and Ukraine are engaged in fierce fighting on a number of important battlefields.

Goldman Sachs said gold is expected to rise to record highs given central bank buying and the prospect of U.S. interest rate cuts next year, adding that gold is among its preferred commodities trading in 2025 and said gold prices could rise further during Trump's presidency.