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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6840.50
6840.50
6840.50
6864.93
6837.42
-6.01
-0.09%
--
DJI
Dow Jones Industrial Average
47560.28
47560.28
47560.28
47957.79
47533.60
-179.03
-0.38%
--
IXIC
NASDAQ Composite Index
23576.48
23576.48
23576.48
23616.46
23449.73
+30.58
+ 0.13%
--
USDX
US Dollar Index
99.160
99.240
99.160
99.160
99.160
+0.120
+ 0.12%
--
EURUSD
Euro / US Dollar
1.16264
1.16272
1.16264
1.16286
1.16222
+0.00007
+ 0.01%
--
GBPUSD
Pound Sterling / US Dollar
1.33009
1.33016
1.33009
1.33037
1.32894
+0.00058
+ 0.04%
--
XAUUSD
Gold / US Dollar
4208.01
4208.46
4208.01
4212.85
4206.94
+0.84
+ 0.02%
--
WTI
Light Sweet Crude Oil
58.213
58.250
58.213
58.287
58.143
+0.058
+ 0.10%
--

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[Lu Kang Meets With Delegation From The US-China Education Foundation] According To The Official Website Of The International Department Of The Central Committee Of The Communist Party Of China, On December 9, Lu Kang, Vice Minister Of The International Department Of The Central Committee Of The Communist Party Of China, Met In Beijing With A Delegation From The US-China Education Foundation Led By Professor Emeritus Lampton Of Johns Hopkins University. They Exchanged Views On Issues Of Common Concern, Including China-US Relations, People-to-people Exchanges, And Educational Cooperation. Lu Kang Also Briefed The Delegation On The Spirit Of The Fourth Plenary Session Of The 20th CPC Central Committee

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Trump: We Have A Terrible Fed Chairman. There Will Be A Major Overhaul At The Fed

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Brazil President Lula Approval Down At 42% In December, Poll Shows

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Japan Nov Domestic Cgpi +2.7 Percent Year-On-Year -Bank Of Japan (Reuters Poll: +2.7 Percent)

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Japan Nov Wholesale Prices Rise 2.7 Percent Year-On-Year

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Japan Nov Domestic Cgpi +0.3 Percent Month/Month -Bank Of Japan (Reuters Poll: +0.3 Percent)

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USA Official: USA Framework Trade Deal With Indonesia Is At Risk Of Collapsing Because Jakarta Is Reneging On Agreements Made In July

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EU Agrees On Climate Target To Cut Emissions 90% By 2040, With 5% Carbon Credits

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Santander's Chief U.S. Economist Predicts This Federal Reserve Meeting Will Be The "most Controversial" Yet, And He Said He Is "willing To Go Against The Overwhelming Consensus Of Financial Markets And Economists And Call For No Change This Week."

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Brazil Government: Non-Dependent State-Owned Companies With Difficulties May Submit Financial Recovery Plan

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Spot Silver Hits Record High At $60.89/Oz

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Australia's S&P/ASX 200 Index Up 0.11% At 8595.00 Points In Early Trade

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South Korea Jobless Rate Edges Up To 2.7% In Nov

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Stats Office - South Korea's Nov Employed +225000 Year-On-Year Versus+193000 Year-On-Year In Oct

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Stats Office - South Korea's Nov Unemployment Rate Seasonally Adjusted 2.7% Versus 2.6% In Oct

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US President Trump: Supports The Concept Of The Obamacare Subsidy Legislation Draft

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US President Trump: We Will Consider Two Candidates For The Position Of Federal Reserve Chair

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Seki Says MUFG Plans To Accelerate Pace Of Rebuilding Japanese Government Bond Positions If 10-Year Yield Exceeds 2%

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MUFG Executive Seki Says Markets Worried About Japan's 'Tail Risk' Of Slipping Into Negative Spiral Of Inflation, Weak Yen

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MUFG's Seki Says He Expects Bank Of Japan To Raise Interest Rates By 25 Basis Points Roughly Every Six Months

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          Nyse Order Imbalance 13833.0 Shares On Buy Side

          Reuters
          ORIX
          +0.04%
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Nyse Order Imbalance 25374.0 Shares On Buy Side

          Reuters
          ORIX
          +0.04%
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Nyse Order Imbalance 8671.0 Shares On Buy Side

          Reuters
          ORIX
          +0.04%
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Nyse Order Imbalance 9722.0 Shares On Buy Side

          Reuters
          ORIX
          +0.04%
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Nyse Order Imbalance 7789.0 Shares On Buy Side

          Reuters
          ORIX
          +0.04%
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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          Nyse Order Imbalance 11416.0 Shares On Sell Side

          Reuters
          ORIX
          +0.04%
          Risk Warnings and Disclaimers
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          Yomiuri: Japanese Consortium to Start Trialing Routes for Flying Cars

          Dow Jones Newswires
          ORIX
          +0.04%

          By Takeru Tsuzuki and Kazuki Sato

          Yomiuri Shimbun Staff Writers

          A consortium of Japanese companies such as Orix Corp. and Japan Airlines will start trialing routes and fares for flying cars, regarded as a next-generation form of transport, later this month.

          The trial will use helicopters instead of actual flying cars. It will include leisure flights at the 2025 Osaka-Kansai Expo in Konohana Ward, Osaka City, as well as flights connecting two locations in Osaka Prefecture. Fees will be collected for the flights. The aim is to explore flight routes that will be profitable for flying cars as well as fare structures, to prepare for the adoption of the new vehicles.

          A flying car is generally defined as an aircraft that moves through the air using electricity and is capable of vertical takeoff and landing. The consortium was established by five companies, including Tokyo-based Soracle Corp., a firm funded by Japan Airlines and Sumitomo Corp.; Tokyo-based AirX Inc., which will help with helicopter operations; and JTB Corp. The trial will be conducted as part of the Osaka prefectural government's research on the use of flying cars for tourism. Up to 80 million yen will be paid out by the prefectural government as a commission fee.

          In August, the consortium will conduct sightseeing flights at the Expo, with a helicopter departing from a landing area, traveling around and coming back. The consortium plans to charge the general public at least 100,000 yen per ticket. It is also considering round trips that would connect the Expo site to another destination.

          After the flights at the Expo, there are plans to conduct flights connecting two locations in Osaka Prefecture and sightseeing flights near Osaka Bay. Additionally, there is a plan for flights between Osaka City and Kansai Airport, in the prefecture's city of Izumisano, as well as a plan to have a helicopter hop between the roofs of buildings. Fares are expected to range from several thousand yen to several hundred thousand yen per person.

          The trial's results will be summarized by the end of fiscal 2025. They will be used to determine flight routes, landing sites and fares for flying cars. The data will also be shared with people in the local tourism industry to incorporate flying cars into tourism plans.

          Major barriers to adoption

          Flying cars can typically carry several people. In the future, they are expected to be used on a daily basis, like taxis. Some models have a range significantly over 100 kilometers.

          However, there are large barriers to commercial flights that will transfer passengers. These include ensuring safety, complying with regulations and achieving profitability. A public-private council has been set up to realize the adoption of flying cars, and in 2022, it announced a roadmap to begin commercial operations in the country by fiscal 2025. However, the goal has yet to be achieved. Commercial flights with flying cars were initially supposed to be one of the highlights of the Expo, but because of delays in development and aircraft certification, only demo flights are being conducted.

          Companies that manufacture flying cars, as well as the cars' operators, are trying to move quickly to introduce them. Japan Airlines aims to begin commercial operations as early as 2027. Osaka Metro Co. has teamed up with startup SkyDrive Inc. and plans to start commercial operations in Osaka City as early as 2028.

          ----

          This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

          YDN-m0000137096-1

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