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EUR/GBP fell 0.3% to 0.8249, the lowest point since March 2022.Canadian Finance Minister: Canada will reduce the debt-to-GDP ratio in the medium term.Finance Minister of Canada: The debt-to-GDP ratio will reach the government target of 42.1% in fiscal year 23-24.

Fitch: It is expected that the financial situation of the United States will improve moderately in 2025, due to the cyclical rebound of personal and corporate taxes, higher capital gains and tariffs. In view of the spread, the Canadian dollar will continue to weaken, which may offset some of the impact of the US tariff increase.Government of India: Appoint Ajay Seth, the current Minister of Economic Affairs, as Minister of Finance.Sharp and KDDI reached a consensus on starting the AI data center in 2025. On December 9, Sharp announced that it had reached a consensus with Japanese telecom giant KDDI, and strived to fully start the AI data center transformed from a factory in 2025. Including Datasection, which is engaged in system development and OEM, and Supermicro, USA, the negotiation between the four companies will be concluded. Four companies reached a consensus in June this year to coordinate the establishment of an operating company and the procurement of a graphics processor (GPU) for generative AI learning and inference.

China Mobile cooperated with Huawei to complete the first commercial deployment of 5G EasyMacro high-precision positioning for subway tunnels in China. On December 10th, according to Huawei's official news in China, in response to the requirements for positioning capability of communication industry in China's 14th Five-Year Plan, China Mobile Design Institute and Shanghai Mobile Company cooperated with Huawei to successfully realize the first commercial deployment of 5G EasyMacro (EM) high-precision positioning solution in Shanghai subway tunnel. As an important network capability in vertical industry, the successful deployment of 5G high-precision positioning in subway tunnel scene marks a major breakthrough in 5G private network positioning technology.Market News: The governor said that Russian missiles attacked Ukraine, killing three people and injuring five others.Finance Minister of Canada: It is expected that the government will reach the debt-to-GDP ratio predicted in the budget, and the economic report in autumn will show that the government is meeting its financial targets.