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 Malaysia's parliament passed a bill to expand network control, and Malaysia's parliament voted to pass a bill to expand local government's network control, imposing more severe penalties on content violations and giving law enforcement departments extensive powers, such as any authorized official can search and detain without a search warrant. As for the Internet service providers, they may have to bear the responsibilities according to law and be forced to disclose user information to the authorities during the investigation of suspected violations. According to the report, large-scale scientific enterprises such as Meta have pointed out in the past that they will abide by local laws and regulations in Malaysia, but they believe that excessive supervision will endanger the right to public discourse and bring unfair burden to online platforms.Media: Biden's government strives to ensure a ceasefire agreement in Gaza before January 20th next year. According to many people familiar with the matter, Biden's government is working more and more closely with the incoming Trump administration officials, trying to reach a ceasefire and hostage agreement before Trump is sworn in on January 20th to stop the conflict between Israel and Hamas. After the Lebanon-Israel ceasefire agreement was reached, the negotiations on the Gaza ceasefire agreement resumed quickly and quietly. Not only Biden hopes to reach a ceasefire agreement in the last few weeks of his term, but Trump also hopes to start his second term when the Lebanese-Gaza conflict ends and the hostages held by Hamas are released, which has injected new vitality into the negotiations that collapsed a few months ago. Five sources familiar with the dialogue said that the two sides had closely coordinated and Trump's team learned about the hard work being done by Biden's government.

Navigation warning! In the sea shooting test in the southern part of the Yellow Sea, Lianyungang Maritime Safety Administration issued a navigation warning. From 8: 00 to 14: 00 on December 11, some sea areas in the southern part of the Yellow Sea were fired with live ammunition, and it was forbidden to enter. (Website of China Maritime Safety Administration)The yield of 10-year treasury bonds fell by 5 basis points.When the individual pension system is fully liberalized, it is expected that Y share will be added. It is learned from multiple channels that the individual pension system will be implemented nationwide after the third anniversary of the pilot project in 36 cities, and the relevant deployment is already in full swing, and the pension products are also expected to expand. According to the industry, in terms of Public Offering of Fund products, broad-based index funds and ETF-linked funds such as Shanghai and Shenzhen 300 Index, CSI 500 Index, CSI A500 Index and GEM Index are expected to be included, and Y shares will be added to meet the allocation needs of investors. (Cailian)

Morgan Stanley published a research report that China's monetary policy changed from "prudent" to "moderately loose" to support market sentiment in 2025, and the real policy may focus on interest rate reform in 2025. Morgan Stanley said that the increased attention to reactivating the capital market should also help support market sentiment and keep the trading volume high in the short term. The bank also suggested that optimizing existing loans, more rational bank loan growth and interest rate reform may be the real focus in 2025. The bank believes that risk-based loan pricing may continue to recover, which will help to buffer the bank's net interest margin, even if some additional loan market quotations are lowered.Media: Biden's government strives to ensure a ceasefire agreement in Gaza before January 20th next year. According to many people familiar with the matter, Biden's government is working more and more closely with the incoming Trump administration officials, trying to reach a ceasefire and hostage agreement before Trump is sworn in on January 20th to stop the conflict between Israel and Hamas. After the Lebanon-Israel ceasefire agreement was reached, the negotiations on the Gaza ceasefire agreement resumed quickly and quietly. Not only Biden hopes to reach a ceasefire agreement in the last few weeks of his term, but Trump also hopes to start his second term when the Lebanese-Gaza conflict ends and the hostages held by Hamas are released, which has injected new vitality into the negotiations that collapsed a few months ago. Five sources familiar with the dialogue said that the two sides had closely coordinated and Trump's team learned about the hard work being done by Biden's government.Zhang Jianchun, former vice minister of the Central Propaganda Department, was expelled from the Party and public office for serious violation of discipline and law, and Zhang Jianchun, former vice minister of the Central Propaganda Department, was expelled from the Party and public office for serious violation of discipline and law. (CCTV News)