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Brent crude oil rose by 1.00% in the day and is now reported at $72.48/barrel.Diego Guevara, Colombia's new finance minister, said that tax reform may increase the budget by 9.8 trillion pesos in 2025.Before the publication of USDA monthly report, CBOT soybeans rose by 0.53%, CBOT corn rose by 0.11%, CBOT soybean meal rose by 0.9%, CBOT soybean oil fell by 0.33%, and CBOT wheat rose by 0.27%.

China Pacific Insurance: In the first 11 months, the accumulated life insurance premium income was 228.8 billion yuan. China Pacific Insurance announced that during the period from January 1, 2024 to November 30, 2024, the accumulated original insurance premium income of China Pacific Life Insurance Co., Ltd., a subsidiary of the company, was 228.842 billion yuan, up 2.2% year-on-year. The accumulated original insurance premium income of China Pacific Property Insurance Co., Ltd. was 187.033 billion yuan, up 7.7% year-on-year.The US Treasury auctioned 42-day cash management bills, and the winning interest rate was 4.320%, which was 4.400% on December 3rd.Tangshan Port: Chen Lixin was elected as the chairman of the board. Tangshan Port (601000) announced on the evening of December 11th that the company elected Chen Lixin as the chairman of the eighth board of directors, as well as a member and chairman of the strategy committee and a member of the nomination committee of the eighth board of directors. The term of office shall be from the date of deliberation and approval of this board of directors to the date of expiration of the term of office of the eighth board of directors.

Turkey's major bank index fell by 3%.United Nations report: Three quarters of the earth's land is gradually dry due to climate change. The 16th Conference of the Parties to the United Nations Convention to Combat Desertification (COP 16) was held in Riyadh, Saudi Arabia, from December 2 to 13. On the 9th, the United Nations released a report during the meeting, saying that about three-quarters of the world's land has gradually become dry due to climate change. The report found that in the 30 years before 2020, about 77.6% of the world's land became drier than before. At present, except Antarctica, the dry land area accounts for about 40% of the global land area. Between 1990 and 2020 alone, the global dry land area increased by 4.3 million square kilometers.Fangduoduo fell about 6.5% before the market, and announced that it would raise $7 million through the sale of shares. Fangduoduo (DUO.US) fell about 6.5% before the market to $0.72. In the news, Fang Duoduo announced that it would sell Class A common stock at the price of 0.7 USD per share, raising a total of 7 million USD. The net proceeds will be used for general enterprise purposes.