Trump and Xi to meet at APEC in mid-month; U.S. and Chinese officials hold pre-meeting phone consultations
Published ・ Source Taiwan | 中央社 CNA
U.S. and Chinese officials held phone consultations ahead of the APEC summit. The U.S. urged China to fulfill its commitments under the Busan agreement to open up rare-earth exports and purchase U.S. agricultural products. Trump and Xi Jinping are expected to meet in Shenzhen on the 18th and 19th.
Rare earths become focal point of U.S.-China trade tensions; U.S. urges China to fulfill commitments “fully and immediately”
Published ・ Source Taiwan | 中央社 CNA
Progress in implementing the U.S.-China trade agreement is under scrutiny. U.S. Treasury Secretary Bessent and Trade Representative Greer urged Chinese Vice Premier He Lifeng to fulfill the commitments in the 2025 trade agreement fully and immediately, with rare-earth exports and compliance at the center of tensions between the two sides.
U.S. jobs data beat expectations; Wall Street tech stocks rebound
Published ・ Source Taiwan | 中央社 CNA
Stronger-than-expected U.S. employment data boosted the dollar and Wall Street technology stocks rebounded. The Dow Jones edged lower, while the S&P 500 and 那斯達克指數 rose; 費城半導體指數 posted the strongest performance.
Markets weigh Middle East situation; oil prices fluctuate and edge higher
Published ・ Source Taiwan | 中央社 CNA
With markets weighing signs that the Iran war may be moving toward de-escalation, crude oil futures fluctuated today and edged up slightly. New York WTI crude futures for December delivery settled at $90.83 a barrel, while London Brent crude futures for January delivery settled at $98.32 a barrel.
Republicans lose midterm elections; Miller named White House chief of staff
Published ・ Source Taiwan | 中央社 CNA
U.S. President Donald Trump announced that White House Deputy Chief of Staff Stephen Miller will take over as chief of staff on the 9th, replacing Susie Wiles, who is leaving after the Republican Party lost the midterm elections. This is the first major personnel change since the election, with more senior officials expected to be reshuffled in the coming days.
Facts
U.S. President Donald Trump announced today
White House Deputy Chief of Staff Miller will take over as chief of staff on the 9th
Miller, 41, served as a senior White House adviser during Trump's first term
Former White House press secretary Karoline Leavitt left in August
TV commentator Katie Zacharia, who took office in October, left less than a week later
〈Precious metals close〉 Gold jumps 5.2% this week, its best weekly performance since August
Published ・ Source Taiwan | 鉅亨網
Gold surged 5.2% this week, its best weekly performance since August, but edged lower Friday under pressure from strong nonfarm payrolls data and expectations of an interest rate hike. The U.S. unemployment rate fell to 4.1%, and the odds of a Fed rate hike in December rose to 81%, lifting the dollar and yields and increasing the opportunity cost of holding gold.
Facts
Gold rose more than 5% this week, its best weekly performance since August.
Spot gold fell 0.3% on Friday to $4,074.36 an ounce.
U.S. nonfarm payrolls rose more than expected in October, and the unemployment rate fell to 4.1%.
Traders put the odds of a Fed rate hike in December at 81%.
Trump changes chief of staff 3 days after election loss! Taps hard-liner Miller as Wiles takes new role
Published ・ Source Taiwan | 鉅亨網
After the midterm election setback, Trump appointed Deputy Chief of Staff Miller to replace White House Chief of Staff Wiles, who resigned, signaling that the administration will continue its hard-line policy course.
Facts
U.S. President Donald Trump announced that White House Deputy Chief of Staff Miller will take over as chief of staff on the 9th, replacing Wiles.
Wiles has submitted her resignation and will take a new role with “Trump political operations.”
The personnel change comes after Republicans lost control of both the House and Senate in the midterm elections.
Miller was a key architect of Trump's hard-line immigration policies and a leading advocate of mass deportations.
Fed's Daly: Tech stock plunge painful, but Fed may still raise rates
Published ・ Source Taiwan | 鉅亨網
San Francisco Federal Reserve President Mary Daly said on October 6 that the Fed may still need to raise interest rates further to combat inflation, despite the painful repricing of technology stocks. She stressed that although employment data are strong, wages are lagging behind prices and household financial pressures remain. 聯準會 will adjust policy cautiously and gradually.
Facts
San Francisco Federal Reserve President Daly said 聯準會 will likely still need to raise interest rates further to bring inflation down.
The U.S. added 165,000 nonfarm jobs in October, and the unemployment rate fell to 4.1%.
Average hourly earnings rose 3.1% year over year in October, below the 3.7% year-over-year increase in CPI.
Daly supported the rate hike in September and agreed that pausing adjustments in October was the right decision.
The Fed raised its federal funds target range to 3.75% to 4% in September.
Daly will gain a rotating voting seat on the Federal Open Market Committee (FOMC) in 2027.
Richmond Federal Reserve President Barkin expects interest rates will need to rise further.
Companies mentioned:聯準會、CNBC、惠譽、Raymond James、Edward Jones
波音's cash generation takes a hit; 737 MAX deliveries last month estimated at just 32, near a one-year low
Published ・ Source Taiwan | 鉅亨網
波音's 737 MAX deliveries in October are estimated at just 32, a near one-year low, reflecting a setback in cash generation. Production issues and reduced targets have delayed 波音's output, while its shares have fallen by about one-fifth, in contrast with strong deliveries by rival 空中巴士.
Facts
波音's 737 MAX deliveries in October are estimated at about 32, a record low for nearly a year.
波音 delivered 43 737 MAX jets in September.
波音 lowered its full-year delivery target for 737 aircraft to 500.
空中巴士 delivered about 74 passenger aircraft in October.
波音 shares have fallen by about one-fifth so far this year.
Companies mentioned:波音、BA-US、Cirium、Jefferies、空中巴士、Airbus SE
〈Energy close〉 Oil prices plunge about 13% this week! Bets on U.S.-Iran de-escalation weigh on market; attacks on Middle East tankers limit losses
Published ・ Source Taiwan | 鉅亨網
Amid expectations that the U.S.-Iran conflict will cool following the U.S. midterm election results, along with recovering Middle East supply and weak demand, Brent and WTI crude both fell about 13% this week. Although attacks on tankers provided some support, oil prices still posted their steepest weekly decline of the year.
Facts
Brent crude futures for January delivery settled at $98.32 a barrel this week, down about 13.3% from $113.43 last Friday.
WTI futures for December delivery settled at $90.83 a barrel this week, down about 12.8% from $104.12 last Friday.
A Greek ship-management company said a tanker carrying petroleum products exploded in the Persian Gulf on November 5, killing a crew member.
Iran said another 3 tankers were attacked in the Strait of Hormuz, keeping concerns about regional shipping security elevated.
Rystad Energy oil market analyst Janiv Shah said that, looking at overall supply and demand, the crude market is gradually shifting toward a surplus.
〈U.S. stocks close〉 Chip stocks rebound! Philadelphia Semiconductor Index surges more than 4.2%, 台積電 ADR gains over 6%; Nasdaq and S&P post fourth straight weekly losses
Published ・ Source Taiwan | 鉅亨網
U.S. stocks rebounded Friday as investors bought chip stocks on dips, with the Philadelphia Semiconductor Index rising more than 4.2%. But the Dow fell amid regulatory concerns triggered by Democratic victories and stronger-than-expected jobs data that boosted rate-hike expectations. All major indexes ended the week lower.
Facts
U.S. stocks rebounded Friday (the 6th), with the Nasdaq Composite up 1.09% and the Philadelphia Semiconductor Index surging 4.21%.
AMD shares surged more than 11%, while 台積電 ADR gained over 6%.
U.S. nonfarm payrolls increased by 165,000 in October, far above the forecast of 59,000.
The Dow Jones Industrial Average fell about 237 points at the close, and all major indexes ended the week lower.
科林研發 announced that its board approved a $25 billion share repurchase plan and a quarterly dividend.
Democrats won control of both chambers of Congress in the midterm elections, sparking concerns about restrictions on data center construction.
英特爾 shares surged more than 7.7% to $56.28 each, after plunging about 50% following disappointing third-quarter earnings.
Companies mentioned:AMD、美光、聯準會、Meta、蘋果、Alphabet、微軟、亞馬遜、博通、輝達、應用材料、高通、威騰電子、SanDisk、希捷、SK 海力士、台積電、日月光、聯電、中華電信、英特爾、Coherent、Lumentum、科林研發、IonQ、莫德納、特斯拉、Quilter、StoneX Trading、Forex.com、MAI Capital Management、eToro、高盛
Workers’ Compensation Insurance Program Monthly Report — FY Reiwa 8 September, FY2026 September
Published ・ Source Japan | 政府統計 e-Stat
Metadata for the September FY Reiwa 8 Workers’ Compensation Insurance Program Monthly Report released by the Ministry of Health, Labour and Welfare. It includes the statistical title, dataset ID, number of included files (23 PDFs and 23 XLS files), and a list of 16 or more table items.
Service Industry Activity Survey — Monthly survey from January 2025, annual report, annual, 2025
Published ・ Source Japan | 政府統計 e-Stat
Public information on the Ministry of Internal Affairs and Communications’ 2025 Survey of Service Industry Trends (monthly, annual report and annual data).
Content about the second-year resident hurdle is exclusively available to physician members of m3.com. On Docpedia LIFESTYLE, experienced experts and physicians answer questions about careers and lifestyles.
[Manga] It’s back this year! How do you handle the hassle of year-end tax adjustments?
Published ・ Source Japan | m3.com
An introduction to a manga about the arrival of year-end tax adjustment season. It describes preparations at Director Suzuki’s clinic and depicts the daily life of a clinic owner.
Viral video claiming “count 3, mark 2” shows a ballot-counting error in the 2024 presidential election; mistake spotted and vote tally corrected on the spot
Published ・ Source Taiwan | 台灣事實查核中心
The viral video claiming “count 3, mark 2” during the 2024 presidential election is an old rumor. It actually shows a ballot-marking error by a vote counter at polling station 418 in Changhua County, which was corrected on the spot after a member of the public pointed it out. Election staff were not bribed.
The threshold for a referendum to pass is based on the number of valid votes; not collecting a ballot does not affect the threshold.
Published ・ Source Taiwan | 台灣事實查核中心
The fact-checking report said the threshold for a referendum to pass depends on the number of valid votes, and that choosing not to collect a referendum ballot does not raise the threshold; online claims misinterpret the regulations and distort 中選會 chairperson’s hypothetical remarks about the time needed to count votes.
Facts
Valid votes in favor must reach 四分之一 or more of the total number of eligible voters.
On the premise that there are 3 referendum proposals.
Counting votes for the 3 referendum proposals would likely continue until around 1 or 2 a.m.
[Lecture] Japan’s Current Account Surplus and Changing Corporate Behavior: Japanese translation of a lecture at the IMF Michel Camdessus Central Banking Lecture (Nov. 6)
Published ・ Source Japan | 日本銀行
Original日本銀行総裁植田和男による、IMF・Michel Camdessus Central Banking Lectureにおける講演の邦訳(2026年11月7日)。
Highly pathogenic avian influenza outbreaks in wild birds (positive confirmation in Otofuke, Hokkaido (second case among wild birds in Japan))
Published ・ Source Japan | 環境省
Highly pathogenic avian influenza virus (H5 subtype) was detected in the carcass of a dead whooper swan collected in Otofuke, Hokkaido, marking the second confirmed positive case among wild birds in Japan. In response, the Ministry of the Environment raised the wild bird surveillance response level to “Response Level 3.”