According to Kyodo News: Japanese Prime Minister Fumio Kishida will appoint Takeru Saito, the current Minister of Justice, as Minister of Economy, Trade and Industry.

Pfizer (PFE.N) fell in pre-market trading, down nearly 1%.

Fitch: Highly rated, leveraged companies in Europe will face challenges.

Hungarian Economy Minister: EU is at a competitive disadvantage without electric vehicle subsidies.

Hungarian Economy Minister: EU and Germany must rethink fiscal rules.

Head of the International Atomic Energy Agency (IAEA): Saudi Arabia’s research reactor is almost complete.

Market news: Armenia and Azerbaijan conduct prisoner exchange on the border.

Saudi Energy Minister: Thank you to the UAE, the host country of COP28, for cooperating with the UAE throughout the process and for conducting coordination and negotiations.

According to Tradeweb: Ukraine’s dollar-denominated government bonds fell as much as 1.3 cents to their lowest level in more than a week.

Saudi Energy Minister: The hydrogen mentioned in the final agreement is not just green hydrogen, but clean hydrogen.

Saudi Energy Minister: We are transforming because it is in our national interest.

Saudi Energy Minister: COP28 documents will not affect our exports.

German Finance Minister Lindner: From the beginning of 2024, the carbon dioxide price path set by the previous government will be restored.

Azerbaijan’s oil exports fell by 3.8% year-on-year from January to November.

Fitch Ratings: Affected by inflation and high interest rates, the slowdown in major economies will continue to limit demand for chemical products.

German Finance Minister Lindner: We will cut climate-damaging subsidies by 3 billion euros.

Fitch: The global chemicals industry will continue to face weakness.

Saudi Energy Minister: There are several options in the agreement for countries to deal with the transition period, but there are no mandatory requirements.

German Finance Minister Lindner: If the situation in Ukraine changes, we will be ready to take action.

Morgan Stanley: The outlook for consumer finance has become more conservative, consistent with cautious sentiment.