top 10 digital money Top Top stories

SOMO, Iraq's national oil marketing organization: Iraq will set the official selling price of Basra Intermediate crude oil sold to North America and South America in January next year at a discount of $1.5 per barrel. Iraq will set the official sales price of Basra Intermediate crude oil sold to Europe in January next year at a discount of $5.5/barrel compared with the spot Brent crude oil price.Finance Minister of Canada: The debt-to-GDP ratio will reach the government target of 42.1% in fiscal year 23-24.Swedish Finance Minister: What I am most worried about now is not American tariffs, but low productivity.

Finance Minister of Canada: It is expected that the government will reach the debt-to-GDP ratio predicted in the budget, and the economic report in autumn will show that the government is meeting its financial targets.After the decline in the second quarter, the labor cost in the third quarter of the United States was revised downwards. After the decline in the previous three months, the increase in labor cost in the third quarter of the United States was lower than the initial value, further proving that the job market is no longer a source of inflationary pressure. According to data released by the Bureau of Labor Statistics on Tuesday, the unit labor cost increased at an annualized rate of 0.8% from July to September, and decreased by 1.1% after revision in the previous quarter. The initial value of labor costs showed an increase of 1.9% in the third quarter. The adjustment of these two cycles reflects the downward adjustment of hourly salary. During the period from July to September, the annual rate of productivity increased by 2.2%, which was not revised, compared with 2.1% in the previous quarter.SOMO, Iraq's national oil marketing organization: Iraq set the official selling price of Basra Intermediate crude oil sold to Asia in January at a discount of $0.60/barrel compared with the average price of Oman/Dubai.

TSMC ADR fell before the market, but analysts said that the demand for artificial intelligence remained strong. TSMC ADR fell by 0.6% in pre-market trading in the United States, after the world's largest chip foundry announced its sales data for November. Analysts said that the data is a positive signal of TSMC's quarterly revenue. Bernstein analysts said that the company's revenue in October and November totaled 590 billion Taiwan dollars, accounting for 69.6% of TSMC's guidance midpoint in the fourth quarter of 2024, close to the high end of the range of 65-72% in December of the past eight years. If December follows the average seasonal factors of the past eight years, the income in the fourth quarter of 2024 will be 1.7% higher than the midpoint of the guidance interval and 1.2% higher than the market expectation.Sharp and KDDI reached a consensus on starting the AI data center in 2025. On December 9, Sharp announced that it had reached a consensus with Japanese telecom giant KDDI, and strived to fully start the AI data center transformed from a factory in 2025. Including Datasection, which is engaged in system development and OEM, and Supermicro, USA, the negotiation between the four companies will be concluded. Four companies reached a consensus in June this year to coordinate the establishment of an operating company and the procurement of a graphics processor (GPU) for generative AI learning and inference.Zhou Xiaobo served as the deputy general manager of Haifutong Fund. On the evening of December 10th, Haifutong Fund Management Co., Ltd. announced the change of senior management: from December 9th, 2024, Zhou Xiaobo served as the deputy general manager of the company. The resume of the announcement shows that Zhou Xiaobo has served as the chief analyst of the chemical industry and director of the investment research department of Shanghai Shen Yin Wanguo Securities Research Institute Co., Ltd., the investment manager, assistant general manager (presiding) and deputy general manager (presiding) of the equity investment department of Taiping Asset Management Co., Ltd., and the deputy general manager of Shen Wanlingxin Fund Management Co., Ltd. In November 2024, he joined Haifutong Fund Management Co., Ltd.