The US dollar just broke through the 7.2800 yuan mark against the offshore RMB, and the latest price was 7.2801 yuan, up 0.32% in the day. The US dollar against the onshore RMB was recently reported at 7.2612 yuan, up 0.17% in the day.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.More than 40 illegal immigrants have disappeared off the coast of Italy. No missing persons have been found yet. An Italian rescue organization said on the 11th local time that an 11-year-old girl was rescued in the waters near Lampedusa in the early morning. She said that her illegal immigrant boat had capsized and more than 40 people on board fell into the water. The Italian Coast Guard has launched a search and rescue operation, but no wreckage or missing persons have been found yet. (CCTV)
Mackler, Governor of the Bank of Canada: We have seen a considerable rebound in real estate activities, but the price has not risen, which is good news.Israel lifted the restrictions on the northern part of the Golan Heights. The IDF released a message on the evening of 11th local time, saying that after the assessment by the IDF Homeland Defense Command, Israeli Defense Minister Katz approved the lifting of the restrictions on the northern part of the Golan Heights, and the allowed scale of activities changed from partial activities to full-scale activities. With the cease-fire between Israel and Hezbollah in Lebanon starting last month, this is the first time that the restrictions in the region have been relaxed.Global Times editorial: China is still the main engine of global trade growth. Statistics recently released by official website of the General Administration of Customs show that the total import and export value of China's goods trade in the first 11 months of this year was 39.79 trillion yuan, up 4.9% year-on-year. Among them, exports reached 23.04 trillion yuan, up 6.7%; Imports reached 16.75 trillion yuan, up 2.4%. This is a further development of China's position as the world's largest country in goods trade for seven consecutive years, and its export accounts for 14.2% of the world's total in 2023, which means that the position of China manufacturing with high "cost performance" in the international production and supply chain continues to increase. The publication of this foreign trade "report card" once again shows the strong resilience and vitality of China's economy. (Global Times)
The US media said that the Biden administration is considering imposing new sanctions on Russian oil trade. Informed sources: The details have yet to be finalized. The Bloomberg website reported on the 10th local time that the Biden administration is considering imposing new sanctions on Russian oil trade before Trump returns to the White House, and the specific details have yet to be finalized. The article said that the Biden administration is weighing new and stricter sanctions against Russia's lucrative oil trade, trying to increase pressure on the Kremlin before Trump returns to the White House. According to an insider who asked not to be named, the details of possible new measures are still being worked out, but Biden's team is considering imposing restrictions on some Russian oil exports. Up to now, the Russian side has not responded. (CCTV)Lebanese military: After the withdrawal of Israeli troops, the Lebanese army will be stationed in five locations in southern Lebanon. On the 11th, local time, the Lebanese military issued a statement saying that as the first phase of army deployment, the Lebanese army, in coordination with the United Nations Interim Force in Lebanon, will be stationed in five locations around Shyam town in southern Lebanon after the withdrawal of Israeli troops. According to the statement, this is an initiative made after discussion by the Supervisory Committee, and the deployment will be completed in the next stage. At the same time, as part of the operation, the military will conduct an investigation to remove unexploded ordnance. The Lebanese army urged people to avoid the area and follow military instructions until the operation was completed. (CCTV)The Nasdaq Composite Index rose 1.5% to 19,983.35 points in the day.
Strategy guide 12-13
Strategy guide
12-13