Real-time News

On November 28th, the British government announced a postponement of sanctions against the international operations of Russia's Lukoil company, the latest example of Western countries taking a cautious approach towards the energy giant. The UK's Financial Sanctions Enforcement Office stated that the grace period for sanctions against Lukoil International Limited and its subsidiaries will be extended to February 26th next year. The sanctions were originally scheduled to take effect at midnight on November 28th. Lukoil, along with another Russian energy giant, Rosneft, was also sanctioned by the United States in October, with some of those sanctions also receiving extensions.

Hang Seng Index futures closed down 0.03% at 25,935 points in overnight trading, 11 points lower than the benchmark.

A suspected terrorist attack has been reported near Jerusalem, resulting in one person being shot.

Ukrainian President Zelensky: The Ukrainian and U.S. delegations will meet this week to work on the issues raised in the Geneva talks in order to achieve peace and provide security guarantees for Ukraine.

The Russian government has approved a visa-free travel agreement with Saudi Arabia.

Iran's Supreme Leader stated that rumors about Iran sending messages to the United States through intermediaries are complete lies. The US government is not qualified to communicate or cooperate with Iran.

Bank of England Monetary Policy Committee member Green: People are worried about whether the decline in inflation will continue.

Bank of England Monetary Policy Committee member Green: My concerns about inflation have eased slightly since the budget was announced, but only slightly.

Bank of England Monetary Policy Committee member Green: Latest inflation news is biased to the downside.

The proposed pipeline in Alberta, Canada, is expected to transport 1 million barrels of crude oil per day to Asia.

Canadian Prime Minister Mark Carney and Alberta Premier Chris Smith signed an agreement in Calgary making the construction of an oil pipeline to Asia a national priority.

Canada and Alberta will partner with oil companies to build carbon capture infrastructure.

Bank of England Monetary Policy Committee member Green: Wage growth is strong and moving in the right direction.

Bank of England Monetary Policy Committee member Green: Utility costs have a significantly lower impact on inflation than fuel costs.

Bank of England Monetary Policy Committee member Green: Energy price measures in the budget appear to be one-off, but could help boost inflation expectations.

Bank of England Monetary Policy Committee member Green: I am concerned that there have been some changes in wage and price setting mechanisms.

Bank of England Monetary Policy Committee member Green: Most policy rules recommend keeping interest rates stable.

Bank of England Monetary Policy Committee member Green: (Regarding the weighting of artificial intelligence) Corrections could spread.

Bank of England Monetary Policy Committee member Green: Trade tensions have had a relatively small impact on the UK.