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Volkswagen's board of directors tends not to close large German factories, and Volkswagen's board of supervisors tends not to close large German factories to cope with the cost crisis of the automaker, but no final agreement has been reached. It is reported that members of the board of directors discussed stopping the production of the Dresden factory and selling the Osnabrü ck factory.Real estate stocks are active again and again. Huayuan Real Estate and Qixia Construction both have daily limit, while Huayuan Real Estate, Qixia Construction, Xinhualian and Xinhuangpu have daily limit, while Suzhou Gaoxin, China Wuyi and Shahe shares have followed suit.The European Central Bank announced that it would cut three key interest rates in the euro zone. On the 12th local time, the European Central Bank held a monetary policy meeting at its headquarters in Frankfurt, Germany, and decided to cut all three key interest rates by 25 basis points. This is also the fourth time that the European Central Bank cut interest rates this year after it announced a rate cut in June this year. According to the latest interest rate resolution announced by the European Central Bank, the deposit mechanism interest rate is reduced to 3.0%, the main refinancing interest rate is reduced to 3.15%, and the marginal lending interest rate is reduced to 3.40%. (CCTV News)

The turnover of Shanghai and Shenzhen stock markets exceeded 1.5 trillion yuan for the fifth consecutive trading day.The Bank of Japan's short-term survey may show that business confidence has hardly changed. It is reported that the short-term survey released by the Bank of Japan on Friday may show that the mood of large manufacturers has remained almost unchanged in the last quarter under the influence of complex signals such as the recovery of the automobile industry and concerns about the global economic slowdown. Economists surveyed by data provider Quick predict that the prosperity judgment index of large-scale manufacturing industry will be +12, compared with +13 in the last survey. The survey is closely watched for clues about the decision of the Bank of Japan at its meeting next week. If it shows strong capital expenditure plan, high inflation expectation and tight employment situation, it may support the idea of raising interest rates early.The downtime lasted more than 4 hours, and the failure of ChatGPT and Sora services has been fully repaired. On the afternoon of December 12, Beijing time, OpenAI updated the accident report and said that API, ChatGPT and Sora services have now fully resumed operation. Earlier today, OpenAI confirmed that ChatGPT, its chat robot, experienced a worldwide downtime, and Sora and API were also affected. It is understood that the fault lasted about 4 hours and 10 minutes. OpenAI said that it will conduct a comprehensive root cause analysis of this failure.

Wal-Mart Financial Technology Company is valued at $2.5 billion, and retailers inject a lot of cash.Analyst: The interest rate of the European Central Bank will be pushed to the low end of the neutral range. Marchel Alexandrovich, an economist at Saltmarsh Economics, said that the European Central Bank cut interest rates by 25 basis points again, which is the fourth time in this easing cycle. The monetary policy statement reiterated that the Committee would not commit to a specific interest rate path in advance. However, the new forecast shows that the core inflation rate is 1.9% in 2026 and 2027, which indicates that interest rates may continue to push to the low end of the neutral range.Black futures fell rapidly in the short term, with the main contracts of hot coil and coking coal falling by more than 1%, and the main contracts of coke, thread and iron ore falling by nearly 1%.