1. Meta and Amazon donate millions of dollars, seeking to 'win over' Mr. Trump: Meta and Amazon confirmed donations of $1 million to the inauguration fund of President-elect Donald Trump, aiming to improve relations with the new administration.
2. Elon Musk becomes the first billionaire in history with assets exceeding $440 billion: The net worth of billionaire Elon Musk surpassed $400 billion for the first time in history, thanks to the soaring valuations of Tesla and SpaceX.
3. Fed expected to slow interest rate cuts after November inflation report: Prices in the US continued to rise faster in November, raising concerns that the Fed might pause in January to assess the impact of previous interest rate cuts on the economy.
4. Nasdaq Composite surpasses 20,000 points, Google stock hits historical peak: Major tech stocks like Google, Meta, Amazon, Nvidia, and Tesla in the US stock market have driven the Nasdaq Composite to a new record.
5. China relaxes monetary policy for the first time in 14 years: China will adopt a 'reasonable easing' monetary policy for the first time in 14 years, combined with an active fiscal policy to boost economic growth in the coming year.
6. Global gold price surpasses $2,700: Gold prices surged for the second consecutive session, driven by tensions in the Middle East and expectations of a US interest rate cut next week.
7. OPEC+ delays oil production increase again: Weak fuel demand and high supply have led major oil-exporting countries to continue postponing their production increase plans.
8. China resumes gold reserve purchases: The People's Bank of China (PBOC) has resumed gold purchases after a six-month halt, according to official data released.
9. Fed continues to cut interest rates by another 0.25%, signaling less reduction in 2025: The Fed cut interest rates for the third consecutive time but indicated that it would reduce less in 2025 to assess the impact on the economy.
10. SJC gold price approaches 87 million VND, highest in 2 weeks: The SJC gold price increased to nearly 87 million VND per tael while plain gold rings rose for three consecutive sessions. Globally, precious metals have also exceeded $2,700.
