News

According to data released by Japanese research firm MM Research Institute on the 10th, domestic mobile phone shipments in Japan, including smartphones, totaled 12.89 million units from April to September, a 9.2% decrease year-on-year. High memory chip prices pushed up terminal prices, leading to a decline in demand. This is the first decline in mobile phone shipments in Japan during the same period in three years, and the second lowest level since fiscal year 2000, second only to 2023. Breaking it down, smartphone shipments decreased by 9.6% to 12.52 million units, while feature phones (flip phones) increased by 7% to 370,000 units. MM Research Institute predicts that total shipments for fiscal year 2026 will decrease by 11.8% to 28.45 million units. From there until fiscal year 2030, shipments are expected to hover between 26 million and 28 million units. Increased global demand for and development competition in AI has led to high memory chip prices, forcing terminal manufacturers to raise prices. MM Research Institute's analysis states: "The pricing of new models in 2027 may rise further, and a V-shaped market recovery is unlikely. Related companies are facing a test of their ability to adapt to the new situation."

French Presidential Office: Representatives from France, the United Kingdom, Italy, Germany, the European Union, and NATO attended talks on the Ukraine issue in Abu Dhabi.

ECB Governing Council member Mollan: If Naughton or Decos succeeds as ECB president, the ECB is expected to maintain policy continuity.

ECB Governing Council member Mollen: It is reasonable for a Frenchman to be appointed as the ECB's chief economist.

ECB Governing Council member Mollan: We have seen positive signs regarding energy prices.

An industrial facility in the Novgorod region of Russia was damaged by a drone attack.

French Foreign Minister: European security issues cannot be discussed with Russia until a ceasefire is achieved and peace is concluded in Ukraine.

French Foreign Minister: European representatives will attend the Ukraine-Russia talks in Abu Dhabi.

Abdullah Bender Al-Attibi, professor of international relations at Qatar University, stated that the US position is showing positive signs, indicating that Washington is backing down on the option of military action against Iran, but the US still retains the threat of resolving the issue militarily. This shift in stance comes against the backdrop of regional countries' efforts to promote a peaceful resolution to the Iranian nuclear issue. This is part of Qatari diplomatic mediation. Oman and Saudi Arabia have also played a role in easing tensions, as these countries favor resolving differences peacefully.

SoftBank Group said it recorded a loss of ¥597.2 billion in the six months ending in September, due to payments made by its subsidiary Silver Bands 7 LLC to secure power for a U.S. artificial intelligence data center project.

SoftBank Group maintained its full-year dividend of 11 yen per share, in line with market expectations.

The NI225 closed up 1,684.08 points, or 2.87%, at 60,459.58 on Tuesday, November 10.

France's ILO unemployment rate for the third quarter was 8.2%, below the expected 8.4% and the previous reading of 8.3%.

Bank of England Deputy Governor Lombardelli: (Regarding the possibility of a December rate hike) I would not rule it out; similarly, I do not have enough information at the moment.

Bank of England Deputy Governor Lombardelli: Hiring in the labor market has decreased significantly, but layoffs are not common.

Bank of England Deputy Governor Lombardelli: Young people in Britain are being impacted by a “slow-moving economy.”

The Institute for War Studies (ISW) assessed on November 9 that Iran is attempting to purchase the S-400 long-range air defense system from Russia to counter the risk of a potential renewed US military strike. However, Russia, constrained by losses in the Ukraine conflict and its own air defense needs, is unlikely to provide the equipment. According to a November 6 report in The Daily Telegraph, Iran's Supreme Leader Mojtaba Khamenei dispatched National Security Council Secretary Mohsen Rezaei to Moscow on November 5 to deliver a personal letter to Russian President Vladimir Putin, specifically requesting the purchase of the S-400 system. A senior Iranian official stated that Iran is optimistic about acquiring the system, but there is no evidence of a deal being reached or a delivery timetable. ISW points out that Russia is unlikely to currently redeploy key equipment such as the S-400 from the Ukraine conflict to Iran, and the ongoing attacks in Ukraine are also putting significant pressure on Russia's own air defense systems. Iran's purchase request reflects a significant gap in its air defense system following the potential US-Israel military strikes between 2024 and 2026.

France's third-quarter ILO unemployment rate and SoftBank Group's second-quarter financial report will be released in ten minutes.

Russian Defense Ministry: Russian forces hit a cargo ship and an oil tanker in the Black Sea.

Australia's S&P/ASX 200 index closed up 105.90 points, or 1.17%, at 9135.60 on Tuesday, November 10.