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According to informed sources, Saudi sovereign wealth funds are close to reaching an agreement on investing in PGA Tour Enterprises.Goldman Sachs believes that there will be more large-scale strategic transactions in 2025. Dennis Coleman, chief financial officer of Goldman Sachs, said on Tuesday that it is expected that the company's "strategic" transactions will accelerate in 2025, including large-scale mergers and acquisitions. He said: "The intensity of our dialogue with customers is accelerating, and some aspects of the overall strategic activities are becoming more obvious. The confidence of the CEO and customers will certainly increase, and they think there may be more and larger transactions and more strategic activities. "The first 10,000-meter tunnel of Xikang High-speed Railway was completed. The Huajiashan Tunnel of Xikang High-speed Railway, which was built by Shaanxi Company of Xicheng Passenger Dedicated Railway, designed by Tieyi Hospital and built by China Railway 19th Bureau, was successfully completed on the 11th. This is the first 10,000-meter tunnel of Xikang High-speed Railway, marking the phased progress of the entire control project of Xikang High-speed Railway. Up to now, 10 Xikang high-speed railway tunnels have been run through, and the tunnel project has completed 95% of the total design, laying a solid foundation for the next step of ballastless ballast bed construction. (Zhongxin. com)

CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.Morgan stanley capital international's MSCI Nordic Countries Index fell 0.5%, the worst one-day performance since November 15th (down 1.7%), at 383.03 points. Nibe Industrier AB, a heating technology company, fell 2.0%, which was the worst among the constituent stocks.The USDA raised Ukraine's corn production in 2024/25 from the previous 26.2 million tons to 26.5 million tons.

Agricultural Bank of China took the lead in setting up the largest ESG-linked RMB syndicated loan for China Aluminum Industry in China. Recently, Agricultural Bank seized the opportunity of "two innovations" policy, initiated the service scheme of "sustainable development-linked syndicated loan+equipment renewal loan" in the industry, and successfully won the bid for the lead bank, agent bank and sustainable development coordination bank of China Aluminum Industry's 500,000-ton 600-ka electrolyzer capacity replacement and upgrading project. It is understood that the project uses the world's advanced electrolytic aluminum equipment technology to replace the original production capacity, which will greatly reduce the production energy consumption of enterprises and increase the proportion of clean energy use. At present, it has been included in the list of technical transformation and equipment renewal refinancing projects of the Ministry of Industry and Information Technology. (Zhongxin. com)The Nasdaq fluctuated lower and turned lower, after rising more than 0.7%.Fangduoduo fell about 6.5% before the market, and announced that it would raise $7 million through the sale of shares. Fangduoduo (DUO.US) fell about 6.5% before the market to $0.72. In the news, Fang Duoduo announced that it would sell Class A common stock at the price of 0.7 USD per share, raising a total of 7 million USD. The net proceeds will be used for general enterprise purposes.