Real-time News

German Chancellor Merz: We will ask the European Commission to amend the legislation concerning the phase-out of internal combustion engines.

Kremlin: Although Russia considers Ukrainian President Zelensky to be illegitimate, Russia hopes to work towards peace in Ukraine.

The onshore yuan closed at 7.0794 against the US dollar at 16:30 on November 28, up 12 points from the previous trading day.

Apple (AAPL.O): Apple Maps has very limited usage in the EU compared to other map services such as Google Maps and WAZE.

Apple (AAPL.O): We look forward to further explaining to the European Commission why Apple Maps and Apple Ads should not be designated.

Apple (AAPL.O): Has submitted a rebuttal to the Digital Markets Act's pre-designated notice.

On November 28th, the State Administration for Market Regulation revised and issued the "Enforcement Guidelines for Commercial Bank Fee Collection Practices." Based on recent regulatory enforcement practices, the guidelines refine the identification of illegal fee collection practices by commercial banks in areas such as syndicated loans, loan commitments, e-banking, and financing advisory services. New prohibitions include not fabricating syndicated loans for illegal fee collection, not illegally charging commitment fees while charging loan interest, and not forcing the issuance of guarantees and charging handling fees. The guidelines also clarify that commercial banks must strictly implement the "Standards for Classifying Small and Medium-sized Enterprises," carefully verify enterprise classifications, and proactively inform enterprises of fee reduction and exemption policies. For fees not eligible for reduction or exemption, if an enterprise objects, the commercial bank must provide proof that the enterprise does not qualify as a micro or small enterprise.

Tesla India: India’s first one-stop Tesla Centre has opened in Gurgaon, Haryana.

On Friday, November 28, the Hang Seng Index closed down 87.04 points, or 0.34%, at 25,858.89; the Hang Seng Tech Index closed up 1.06 points, or 0.02%, at 5,599.11; the H-share Index closed down 34.69 points, or 0.38%, at 9,130.18; and the Red Chip Index closed down 22.18 points, or 0.53%, at 4,193.44.

Spain's November harmonized CPI preliminary reading was 0%, compared to a forecast of -0.2% and a previous reading of 0.50%.

Spain's November harmonized CPI annual rate preliminary reading was 3.1%, below the expected 2.9% and the previous reading of 3.20%.

Market news: The Bank of Japan plans to buy bonds in December at the same pace as in November.

Spain's preliminary November CPI figure was 0.2%, below the expected 0.1% and the previous reading of 0.70%.

Spain's preliminary November CPI annual rate was 3%, below the expected 2.9% and the previous value of 3.10%.

On Friday, November 28th, the German DAX 30 index opened down 6.21 points, or 0.03%, at 23771.58; the UK FTSE 100 index opened up 14.42 points, or 0.15%, at 9708.35; and the French CAC 40 index opened up 6.44 points, or 0.08%, at 8105.91. The Stoxx 50 index opened 0.28 points higher, or 0.00%, at 5653.45 on Friday, November 28; the Spanish IBEX 35 index opened 12.32 points lower, or 0.08%, at 16349.48 on Friday, November 28; and the Italian FTSE MIB index opened 25.87 points lower, or 0.06%, at 43194.00 on Friday, November 28.

Switzerland's GDP contracted by 0.5% quarter-on-quarter in the third quarter, compared to a forecast of -0.4% and a previous reading of 0.10%.

Switzerland's GDP grew at an annualized rate of 0.5% in the third quarter, below the expected 0.6% and the previous figure revised from 1.20% to 1.30%.

Chief of Staff to Ukrainian President Zelensky: We are fully cooperating with investigators.

The chief of staff of Ukrainian President Zelenskyy confirmed that the Ukrainian anti-corruption agency had searched his residence.