Indicators and news reported during Tokyo trading hours included Japan's domestic corporate goods price index for October, which rose 0.7% month on month and 7.1% year on year. Remarks by the BOJ and vice minister of finance, developments in the United States and China, and the outlook for Taiwan were also reported.
Japan's domestic corporate goods price index for October rose 0.7% month on month and 7.1% year on year, exceeding expectations. The previous readings were down 0.2% month on month and up 6.8% year on year.
Mimura (三村), Japan's vice minister of finance, said recent movements were rapid, saying it was too soon to forget the lessons of the summer. BOJ Policy Board member Asada (浅田) pointed out that inflation exceeding the 2% trend level could pose risks of adverse effects on the economy, and said the effects of an interest-rate hike were expected to take more than a year.
In the United States, preparations were reportedly under way to remove Fan as CEO, with consideration being given to appointing an interim CEO. Demand for NVIDIA was also reported to be remaining at a high level. In China, President Xi Jinping (習近平) made a series of remarks declaring that reunification with Taiwan must be achieved.