Category: Flash News

On January 2nd, the Las Vegas Metropolitan Police Department announced that they are investigating the explosion that occurred in front of the Trump International Hotel in Las Vegas and have preliminarily classified it as a potential criminal case or terrorist attack. The incident occurred in the hotel’s designated parking area, where a Tesla Cyber pickup truck suddenly exploded. The police confirmed that the driver died on the spot, being the only person to die in this incident, and 7 bystanders were lightly injured. The cause of the explosion has not been determined yet, and the investigation focuses on whether it was caused by a vehicle malfunction or whether there was a human motive.

On January 2nd, guided by the spirit of the Central Economic Work Conference, regulatory authorities have gradually spoken out, and the “construction plan” for the reform and development of the capital market in 2025 is becoming clearer. Stability is the foundation, while change is the driving force. ‘Stability’ refers to maintaining the stable operation of the stock market through policy support and regulatory optimization; ‘reform’ refers to deepening capital market reform, including comprehensive reform of capital market investment and financing, strengthening market supervision, and protecting the legitimate rights and interests of investors. ‘Tian Lihui, Dean of the Institute of Financial Development at Nankai University, said in an interview with reporters. Experts interviewed generally believe that this year, the capital market will focus on supporting the development of new quality productive forces on the basis of balancing primary and secondary markets and investment and financing, promote reforms in both investment and financing, break through the bottlenecks of medium and long-term capital entering the market, enhance the inclusiveness, adaptability, and accuracy of various capital market systems for science and technology innovation enterprises, and continue to promote the improvement of the quality and investment value of listed companies. (Securities Daily)

On January 2nd, under policy guidance, A-shares are experiencing a surge in market value management. According to incomplete statistics from reporters, a total of 174 A-share companies have decided to establish market value management systems in 2024, of which 163 companies have established market value management systems after November 15, 2024. From the perspective of the main methods of market value management, A-share companies that have issued market value management systems have all stated that they will comprehensively use mergers and acquisitions, equity incentives, employee stock ownership plans, cash dividends, investor relations management, information disclosure, share repurchases, and other methods to enhance the company’s investment value. (Shanghai Stock News)

On January 2nd, 2025 is the final year of the 14th Five Year Plan. Recently, several financial institutions released New Year’s greetings revealing their work direction for 2025: taking finance as the people, seeking progress while maintaining stability, adhering to integrity and innovation, and promoting practical development as the tone, doing a good job in the “five major articles” of finance, and helping the successful conclusion of the 14th Five Year Plan. (Shanghai Stock News)

On January 2nd, the Federal Bureau of Investigation (FBI) held a press conference on January 1st local time regarding the Louisiana collision incident, stating that investigators are searching for all individuals who may have cooperated with the suspect Shamsud Din Jabbar in planning or carrying out the attack. Investigators do not believe that Jabbar acted alone in this attack, and the FBI is investigating all leads, including known associates. Investigators stated that weapons and potential improvised explosive devices were found in the suspect’s vehicle, and bomb experts are confirming whether these devices are usable and dismantling them.

On January 2nd, the competent ministerial committee composed of the Palestinian government’s Ministry of Culture, Ministry of Interior, and Ministry of Communications decided on the evening of January 1st local time to suspend the broadcasting of Qatar Al Jazeera satellite channel in Palestine and suspend all work of the television station in its Palestinian office. It is reported that the content and reports broadcasted by Al Jazeera are misleading and violate the current laws and regulations of Palestine. Therefore, the Palestinian government has made this decision.

On January 2nd, the China Maldives Free Trade Agreement officially came into effect on January 1st. In terms of goods trade, over 95% of products from both sides will ultimately achieve zero tariffs. After the agreement comes into effect, China will benefit from exporting industrial products such as ships, steel, furniture, ceramics, as well as agricultural products such as vegetables and fruits to Maldives. Maldives’ original aquatic products, nuts, wooden decorations, and other exports to China will also enjoy preferential treatment under the agreement.

On January 2, after the outbreak of the Russia-Ukraine conflict, the EU followed the United States to implement several rounds of sanctions against Russia, leading to tight energy supply and rising prices in many countries, including Poland. As a result, many bakeries in Poland were unable to make ends meet and eventually closed down. Many bakeries that were still operating also struggled to survive and make ends meet.

On January 2nd, local time, the US police preliminarily confirmed that the suspect in the Louisiana car accident is 42 year old Shamsud Din Jabbar, and it has not been determined whether he is a US citizen. The police stated that the vehicle involved in this incident is from Texas, and investigators are investigating the owner of the vehicle to determine if anyone else assisted the suspect in the crime. (CCTV News)

On January 2nd, Gazprom issued a statement stating that due to the expiration of the transit agreement, the transportation of natural gas from Ukraine to Europe will be terminated from 8:00 am Moscow time on January 1st. On the same day, the Ukrainian Ministry of Energy announced that Ukraine had suspended Russian natural gas transit services at 7:00 am Kiev time on January 1st. Russia mainly exports natural gas to Moldova, Czech Republic, Slovakia, Austria, Italy and other countries through Ukraine. Therefore, Ukraine’s decision will lead to a tight supply of natural gas in these countries. Russian experts have stated that Ukraine’s closure of transit transportation valves could lead to a 30% increase in natural gas prices in EU countries.