cbdc full form Top Knowledge

South Korean banks' net household loans increased by 1.9 trillion won in October.Liu Yi, the former secretary-general of the Chinese Football Association, was sentenced to 11 years' imprisonment in the first instance. According to Xianning Intermediate People's Court, on the morning of December 11, the Intermediate People's Court of Xianning City, Hubei Province publicly pronounced the case of accepting bribes by Liu Yi, the former deputy head of the preparatory group for the change of the Chinese Football Association and the former secretary-general of the Chinese Football Association. The defendant Liu Yi was sentenced to 11 years' imprisonment for accepting bribes and fined RMB 3.6 million. The property obtained from bribery shall be recovered according to law and turned over to the state treasury, and the insufficient part shall continue to be recovered. 

State Railway Administration: From January to November, the national railway passenger volume reached a record high, and the State Railway Administration announced that from January to November, the national railway passenger volume reached a record high. From January to November, the number of railway passengers sent nationwide reached 4.015 billion, up 12.6% year-on-year, and the annual number of passengers sent exceeded 4 billion for the first time, reaching a record high. Passenger turnover reached 1,484.061 billion person-kilometers, a year-on-year increase of 7.8%. In the month of November, the number of railway passengers sent nationwide was 304 million, up 8.8% year-on-year; Passenger turnover reached 98.135 billion person-kilometers, a year-on-year increase of 2.5%. The volume of freight delivery has increased steadily. From January to November, the national railway freight volume was 4.715 billion tons, a year-on-year increase of 2.5%. In November, the national railway freight volume was 455 million tons, a year-on-year increase of 6.4%; The freight turnover was 324.521 billion tons kilometers, up 2.4% year-on-year.A court in Hong Kong dismissed the liquidation case against Territorial Holdings, and a court in Hong Kong dismissed the liquidation case after the petition against Territorial Holdings, a real estate developer in China, was revoked. Our headquarters finance group withdrew the petition, and the debts and expenses have been settled. The liquidation petition was filed in September, involving an outstanding sum of HK$ 275,633.29. (Interface News)Japan's auto trade unions have raised their salary increase targets for the first time in seven years. On Wednesday, the trade unions of major Japanese automakers said that they would seek a monthly salary increase of 12,000 yen (US$ 79.15) or more in next year's spring wage negotiations. This is the first time in seven years that the Japan Automobile Trade Union Federation has put forward the specific goal of labor-capital negotiation. At a news conference, the organization's executives said that the organization decided to resume its actual goal in order to provide guidance for smaller trade unions such as component manufacturers in negotiations. The organization has 12 trade unions, including Toyota Motor Union, with a total of 784,000 employees. According to the report, Rengo, Japan's largest trade union organization with auto trade unions, is seeking to raise wages by at least 5% in 2025, similar to this year's substantial increase.

Ukraine claimed to attack an oil facility being used by the Russian army. On December 11, local time, the General Staff of the Ukrainian army released a message that the joint intelligence department of the Ukrainian army attacked an oil facility being used by the Russian army in Bryansk State, Russia, in the early morning of December 11. The facility caught fire after being attacked and has stopped working. The Russian side has not responded to this for the time being. (CCTV News)I SQUARED CAPITAL is reported to have started due diligence on Hong Kong Broadband.Knight Frank: It is expected that Hong Kong's property prices will rise by up to 5% next year. Knight Frank released the "China Mainland and Hong Kong Property Market Outlook in 2025". It is estimated that Hong Kong's general residential property prices will rise by 5% and rents will rise by 3% to 5% next year; The property price of luxury houses remained stable, and the rent was flat to rise by 3%. Wang Zhaoqi, senior director of Knight Frank and head of the research and consulting department in Greater China, said that the Hong Kong property market is slightly affected by external factors. At present, the factors affecting the property market mainly come from domestic demand and supply. It is expected that the tone of the property market will be better in 2025 than this year, but because the cargo volume is still at a high level, the developer's goal is still to destock. With the interest rate falling further, it is expected that developers will accelerate the pace of pushing new offers and attract buyers with more concessions and financial plans.