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11:39

Japan seeks to open a new growth cycle through investment; Takashi City clarifies 17 key areas

Jin10 Data, November 10th: Japanese Prime Minister Fumio Kishida's goal is to use his first stimulus package to kickstart the economy and initiate a new growth strategy through investments. According to a document released after the first meeting of an expert panel responsible for developing Japan's new economic growth strategy by next summer, the panel recommends that the Prime Minister leverage this plan to launch efforts to establish robust growth through "crisis management investments and growth investments." The expert panel stated that the government should focus on investing in 17 sectors that Kishida considers vital to Japan's economic growth. These sectors include semiconductors and artificial intelligence, shipbuilding, the defense industry, and critical minerals. Kishida has signaled a shift toward more expansionary fiscal policies and has indicated that Japan is only halfway to achieving stable inflation supported by wage growth. This suggests that he wants the Bank of Japan to remain cautious as it gradually raises interest rates. He also emphasized his commitment to implementing both responsible and expansionary fiscal policies.
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08:42

Canadian Prime Minister states that Canada-U.S. economic relationship has ended

Jin10 Data, November 8th: On November 7th local time, Canadian Prime Minister Trudeau stated that the increasingly close economic relationship between Canada and the United States over the past decades has ended. Trudeau said that due to the close ties with the U.S., Canada once had certain economic advantages, but now this has become a weakness for Canada. This change has been rapid and almost without transition. He called for a swift and thorough overhaul of Canada's economic strategy.
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05:42

The Bank of Canada will cut 10% of its workforce and plans to reduce its budget by 15% over the next three years.

Jin10 data reported on November 6 that a memorandum shows that in response to Prime Minister Carney's request to reduce government spending, the Central Bank of Canada plans to lay off about 225 employees, accounting for 10% of the total workforce, in the coming months, and to complete this by the end of June 2026. This move is a key part of the bank's goal to reduce budget costs by 10% by the end of 2026. Additionally, the Central Bank of Canada is committed to further reducing its budget by 15% between 2026 and 2028, and has promised to cut an additional 5% in overall expenditures by the end of 2028.
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00:58

Japanese Prime Minister Sanae Takaichi expressed opposition to lowering the consumption tax.

Jin10 Data, November 5th – At the Japanese House of Representatives full session on the 5th, Prime Minister Sanae Takaichi expressed a negative opinion regarding the Constitutional Democratic Party's proposal to lower the food consumption tax rate to 0% as a measure against high prices. She also stated regarding the relaxation of labor time restrictions: "Considering the realities and demands of work styles, further discussions will be deepened." When asked about the possibility of dissolving the House of Representatives and holding a general election within the year concerning the reduction of the members' designated seats, Takaichi responded, "What should be expedited is the measure against high prices. There is no time to think about dissolution right now."
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13:17

The three parties in Czech Republic signed a coalition protocol, Babiš will assume the role of Prime Minister.

Jin10 reported on November 3rd, local time, that the Czech "Action of Dissatisfied Citizens" party, "Drivers for Themselves" party, and the Party of Freedom and Direct Democracy signed a coalition government protocol. According to the protocol, the three parties will jointly form the new government, with the chairman of the "Action of Dissatisfied Citizens" party, Andrej Babiš, serving as Prime Minister.
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09:15

South Korean President Lee Jae-myung has ordered an emergency halt to the sale of government assets.

Jin10 Data, November 3 - The South Korean government stated in a statement that President Lee Jae-myung issued an emergency order on Monday, requiring a complete halt to the sale of government assets, and ordered various departments to re-examine the asset sale plans that are currently being promoted or reviewed. It is still unclear what the background for the issuance of this emergency order is. The order stipulates that, except in cases that are deemed necessary and have received prior approval from the Prime Minister of South Korea, government departments are not allowed to sell assets.
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20:14

The Houthi armed group claims to respond strongly to any acts of aggression by Israel.

Jin10 data reported on November 3, local time on November 2, in response to the threats issued earlier by Israeli Prime Minister Netanyahu, Mohammed Bukhaiti, a member of the political bureau of the Houthi armed forces, stated that the Houthis would respond immediately and forcefully to any acts of aggression by Israel. Earlier that day, Netanyahu declared that Israel would take all necessary measures to eliminate the threat from the Yemeni Houthis. Previously, with the first phase of the ceasefire agreement in Gaza taking effect, the Houthis had announced a cessation of military strikes against Israeli targets.
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10:54

The new government of Moldova has sworn in.

Jin10 Data, November 1st - On November 1st local time, the new government of Moldova, led by Prime Minister Alexandru Munteanu, was sworn in at the Presidential Palace of Moldova. President Sandu and Speaker Igor Grosu attended the ceremony. The day before, the Alexandru Munteanu government received a vote of confidence from the Moldovan Parliament.
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09:27

Prime Minister apologized to Trump for the anti-tariff advertisement: Trade negotiations will resume as long as the United States is ready.

Jin10 data reported on November 1st, local time on October 31st, when asked whether the United States and Canada would restart negotiations, US President Trump stated, "No." Canadian Prime Minister Carney subsequently stated on November 1st that he had apologized to Trump regarding an anti-tariff advertisement. The advertisement quoted former US President Ronald Reagan's speech on free trade to criticize trade barriers. Carney said, "I did apologize to President Trump, and he was not pleased with it." Carney also stated that trade negotiations would resume "when the United States is ready."
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18:38

Jordan's Deputy Prime Minister meets with Bahrain's Foreign Minister to discuss the situation in Gaza.

Jin10 Data, November 1 - Local time on October 31, Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Safadi held talks with Bahrain's Minister of Foreign Affairs Al-Zayani during the 21st Manama Dialogue in the capital of Bahrain, Manama. The two sides focused on discussing the situation in Gaza, reaffirming the need to effectively consolidate the ceasefire in the Gaza Strip, ensure timely and adequate humanitarian aid, and accelerate the process of security, stability, and reconstruction in Gaza within a comprehensive framework. Both sides also emphasized the need to promote the formation of a political prospect for achieving just and comprehensive peace, based on the "two-state solution," to resolve the Israeli-Palestinian conflict and achieve lasting peace in the region.
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12:26

The Dutch 66 Democratic Party wins the House of Representatives election.

Jin10 News, October 31 - On October 31 local time, the Dutch Party for Freedom and Democracy (VVD) has confirmed its victory in the House of Representatives election. Although not all ballots have been counted yet, the current vote percentage of the Freedom Party following closely behind makes it impossible for them to surpass the VVD. In June of this year, the Freedom Party withdrew from the ruling coalition due to issues regarding refugee asylum policies, leading to the resignation of the coalition government led by Prime Minister Mark Rutte, leaving the cabinet in a caretaker state. The caretaker government subsequently decided to hold the House of Representatives election early on October 29.
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16:50

The UK reopens investigation into rental violations by the Chancellor of the Exchequer as new evidence emerges.

Jin10 reported on October 31 that due to new evidence emerging, the Prime Minister's adviser on ministerial conduct, Sir Keir Starmer, is reopening the investigation into Chancellor of the Exchequer, Rachel Reeves, regarding the illegal rental of her own home. The Prime Minister's spokesperson, Geraldine Ellis, told reporters on Thursday: "After reviewing the emails exchanged by the Chancellor's husband, new clues have been handed over to the Prime Minister and his independent advisers." Ellis did not disclose further details but reiterated that the Prime Minister remains "confident" in Reeves. When asked whether the annual budget statement would be released on schedule on November 26 and whether it would still be presented by Reeves, the spokesperson answered both questions in the affirmative.
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06:33

Institution: The limited time for communication with the government is the reason why the Bank of Japan is finding it difficult to act in this meeting.

On October 30, Jin10 reported that KAZUTAKA MAEDA, an economist at Meiji Yasuda Research Institute, stated that due to limited communication time with Japanese Prime Minister Sanae Takaichi, the Bank of Japan is certainly unlikely to make any policy adjustments this time. On the other hand, although Takaichi seems to oppose interest rate hikes, she is not absolutely against them. If communication between the Bank of Japan and Takaichi progresses smoothly, there is still a possibility of raising interest rates in December. Additionally, recent comments from U.S. Treasury Secretary Yellen regarding the Bank of Japan may also provide support for an interest rate hike.
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12:22

Hercle secured $10 million in financing and received a $50 million credit line to accelerate cross-border payments with stablecoins.

PANews reported on October 29 that Hercle announced the completion of a $10 million equity financing, led by F-Prime, and secured a $50 million credit line to support global expansion. The company integrates stablecoin as a payment service provider to offer end-to-end infrastructure for businesses, aiming to reduce cross-border Settlement from days to minutes. Hercle claims to have processed over $20 billion in transactions, with 90% completed within 5 minutes, and has over 200 institutional clients, planning to expand in South America, the Middle East, and Africa while extending regulatory coverage.
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12:06

Stablecoin payment startup Hercle has completed a $10 million financing round, led by F-Prime.

ChainCatcher news, the crypto assets startup Hercle announced the completion of a $10 million equity financing round, led by global venture capital firm F-Prime, and simultaneously secured a $50 million credit line to support global expansion. Hercle focuses on leveraging stablecoin technology to provide end-to-end institutional-grade infrastructure, making global fund transfers more efficient and cost-effective. The company serves payment service providers and multinational corporations, helping to facilitate instant cross-border payments and settlement.
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17:38

The Israeli military has struck Gaza again, and U.S. officials state that the ceasefire is "still in effect."

Jin10 data reported on October 29, local time on the 28th, that despite Israel threatening a large-scale attack, U.S. officials stated that the ceasefire in Gaza "remains in effect." The Israeli Prime Minister's Office issued a statement on the 28th, stating that after the Palestinian Islamic Resistance Movement (Hamas) fired at Israeli forces in the Gaza Strip, Prime Minister Netanyahu instructed the military to carry out strong strikes against the Gaza Strip. The Izz ad-Din al-Qassam Brigades, an armed group under Hamas, subsequently issued a statement saying that due to Israel's attacks on the Gaza Strip, the return of the bodies of individuals captured by the Israeli side, originally scheduled for that evening, has been postponed.
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13:03

Sources: Modi absent from Malaysia summit due to concerns over Trump discussing Pakistan.

According to Jin10 data on October 28, informed sources revealed that Indian Prime Minister Modi did not attend the regional leaders' summit held in Malaysia this week to avoid meeting with U.S. President Trump and potentially discussing the Pakistan issue. Indian government officials are concerned that Trump may reiterate his own claim that he facilitated the ceasefire after the four-day armed conflict between India and Pakistan in May. India has consistently denied that Trump played any role in the ceasefire. Since the India-Pakistan conflict five months ago, India-U.S. relations have deteriorated. Trump imposed a 50% tariff on Indian exports in August, half of which was a punitive measure due to India purchasing Russian oil. Since then, trade negotiations between the two sides have been delayed, and there has been no clear progress. According to informed sources, Modi's team believes that a bilateral meeting with Trump in Malaysia will not yield substantial results. A call between the two leaders last week also failed to reach new Delhi's expectations.
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05:22

The defendant in the Abe assassination case pleads guilty.

Jin10 reported on October 28, this afternoon, the Nara District Court in Japan held its first public hearing on the assassination case of former Prime Minister Shinzo Abe. The defendant Tetsuya Yamagami admitted to the charges brought by the prosecution, including murder and violations of the Gun and Sword Control Law.
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02:30

Trump and Takashima Sanao reached an agreement on rare earth and critical mineral supply.

Jin10 data reported on October 28 that the White House stated in a statement that U.S. President Trump and Japanese Prime Minister Kishi Simao signed a framework protocol on Tuesday to ensure the supply of critical minerals and rare earths through mining and processing. The statement noted that the two countries plan to accelerate the development of a diversified, Liquidity, and fair market for critical minerals and rare earths by utilizing economic policy tools and coordinating investments.
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02:02

Trump praised his ally Japan and further promised Koizumi that he would strive to "meet any requests."

On October 28, Jin10 reported that US President Trump praised the US-Japan alliance during a meeting with Japan's new Prime Minister Suga Yoshihide in Tokyo, reaffirming the ties with this long-time partner and commending Suga's plans to increase defense spending. Trump stated, "I want you to know that whenever you have any questions, any concerns, any needs, or anything you need help with, as long as it's something I can do for Japan, we will do our utmost. We are the highest level of allies." Trump also expressed optimism that both sides have overcome trade disputes. He said, "I believe we will engage in tremendous trade together, more than ever before." He added that he hopes the US-Japan relationship will be "stronger than ever before." According to the latest reports, Trump and Suga have signed the implementation protocol for a new golden era of the US-Japan alliance and a framework for securing critical minerals and rare earth supplies.
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22:08

Hungarian Prime Minister: The meeting between the Russian and American presidents will definitely be held in Budapest.

Jin10 data reported on October 28 that Hungarian Prime Minister Orbán stated on October 27 local time that although the meeting originally scheduled to be held in Budapest between the presidents of Russia and the United States has been postponed, it will certainly take place in Budapest. Currently, relevant negotiations are still ongoing. Orbán also stated that if peace can be achieved in the Russia-Ukraine conflict, energy prices will decline. He said that for Hungary, it is essential to fight for the continued import of Russian oil and gas.
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10:39

Egypt's foreign minister discussed the Gaza issue in a call with foreign ministers from France and other countries.

On October 27, Jin10 reported that on the 27th local time, Egyptian Foreign Minister Sameh Shoukry held phone calls with French Foreign Minister Catherine Colonna, Greek Foreign Minister Giorgos Gerapetritis, Saudi Foreign Minister Faisal, and Jordanian Deputy Prime Minister and Foreign Minister Ayman Safadi to discuss the situation in Gaza. Shoukry emphasized that it is essential to initiate the second phase of the ceasefire protocol in Gaza and simultaneously start the early recovery and reconstruction efforts in Gaza.
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08:27

Trump: Will not resume trade talks with Canada for the time being.

On October 27, Jin10 reported that U.S. President Trump stated that he does not expect to meet with Canada "for the time being," as he continues to be upset over television advertisements criticizing his tariff system in Ontario. Trump was asked about the possibility of meeting with Canadian Prime Minister Carney, who will also attend the APEC summit in South Korea later this week. On Monday, Trump said, "I don’t want to meet with him. I won’t meet with them for the time being. I am very satisfied with the agreement we have with Canada right now. We will let it happen naturally." When asked when additional tariffs would take effect, Trump said he did not know. "We’ll wait and see."
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05:10

Thailand and Cambodia sign a joint statement on border peace issues.

Jin10 reported on October 26 that today (October 26), Thai Prime Minister Anutin and Cambodian Prime Minister Hun Manet signed a joint statement in Kuala Lumpur, Malaysia regarding the peaceful resolution of border issues between the two countries. The statement includes four peace agreements between Thailand and Cambodia: the removal of heavy weapons, clearing of landmines, combating fraud groups, and jointly managing the border.
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22:08

Multiple Western countries issued a joint statement on the Ukraine issue.

On the 25th local time, the Canadian Prime Minister's Office issued a joint statement supporting peace in Ukraine, calling for a ceasefire, emphasizing that international borders cannot be changed by force, and outlining measures to utilize frozen Russian assets to support Ukraine.
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01:11

Leaders of multiple European countries have stated that they will continue to increase sanctions against Russia.

Leaders from multiple European countries and NATO officials held a meeting in London on the 24th, deciding to increase sanctions against Russia, enhance military support for Ukraine, including the provision of long-range strike and air defense equipment, while also pushing to exclude Russian energy from the market and using frozen assets to support Ukraine's reconstruction. UK Prime Minister Starmer revealed that more than 5,000 missiles would be provided to Ukraine.
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16:00

Canadian Prime Minister: Will continue to commit to restoring trade negotiations with the United States.

Jin10 reported on October 24 that on October 24 local time, Canadian Prime Minister Mark Carney stated that Canada will resume trade negotiations with the United States "when the Americans are ready to negotiate." Carney said, "When the Americans are ready for these negotiations, we are ready to continue to advance these developments and work from there, as this will benefit both American workers and Canadian workers."
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14:51

Canadian Prime Minister Carney: US-Canada trade negotiations had made progress before Trump called them off.

Jin10 data October 24 news, Canadian Prime Minister Mark Carney stated hours after U.S. President Trump announced the suspension of trade talks between the two countries that Canada is ready to "resume discussions as soon as the U.S. is prepared." Carney told the media before boarding a flight for a nine-day trip to Asia on Friday: "We cannot control U.S. trade policy, but we are acutely aware that its policies have fundamentally diverged from the traditional course of the 1980s to the 2000s." Carney revealed that the representatives of the two countries had made progress in negotiations in the steel, aluminum, and energy sectors, stating, "When the U.S. is willing to continue the dialogue, we are ready to push negotiations forward based on this progress."
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14:34

Ripple has completed the acquisition of Hidden Road, which is now renamed Ripple Prime.

According to Foresight News, Ripple announced the completion of its acquisition of Hidden Road, which has now been renamed Ripple Prime. Previously, Hidden Road provided services such as clearing, prime brokerage, forex (FX), digital assets, derivation, swaps, and fixed income financing for institutions. This acquisition will make Ripple a cryptocurrency company that owns and operates a global multi-asset prime broker. Since the announcement of the acquisition, Ripple Prime's business has grown threefold, and further growth is expected. Ripple Prime will enhance Ripple's stablecoin.
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03:36

Japan's finance minister hinted at the possibility of issuing more bonds to finance the economic stimulus plan.

On October 24, Jin10 reported that Japanese Finance Minister Shunichi Suzuki hinted that if existing resources are insufficient, it may be necessary to issue additional bonds to fund Prime Minister Shizo Abe's upcoming economic stimulus plan. She stated, "We typically draw from higher-than-expected tax revenues and unused funds from previous budgets to create an additional budget. But if that is not enough, we will have to issue more government bonds - if it comes to that, we have no choice." She added that it is still too early to fully understand the expected fiscal balance.
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18:57

The U.S. Secretary of State meets with the Israeli Prime Minister, emphasizing the importance of consolidating the Gaza ceasefire protocol.

Jin10 reported on October 24th that on the 23rd local time, U.S. Secretary of State Rubio, who is visiting Israel, met with Israeli Prime Minister Netanyahu and held a brief joint press conference. Rubio stated that recently, multiple high-level U.S. officials have made intensive visits to Israel, including Middle East envoy Witteckov, Kushner, Vice President Vance, and himself, indicating that U.S. President Trump regards consolidating the Gaza ceasefire agreement as a top priority. Rubio mentioned that in a short period of time, various parties have established a series of operational systems, and there is still a lot of work to be done, but all parties are confident of ultimately achieving their goals.
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13:17

Hungarian Prime Minister: We will not supply weapons to Ukraine or participate in any military actions that may escalate the conflict.

Jin10 data reports on October 23 that Hungarian Prime Minister Orban stated on the 23rd local time that Hungary will not join the European "volunteer alliance" supporting Ukraine. He emphasized that if Europe had not obstructed peace efforts, the Russia-Ukraine conflict could have ended long ago. Orban reiterated that Hungary will not provide weapons to Ukraine or participate in any military actions that could escalate the conflict, and called on all European parties to focus on promoting peace negotiations rather than continuing military aid. In addition, Orban also stated that Hungary hopes for a strategic partnership between the EU and Ukraine, but Ukraine should not join the EU.
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08:36

The Bank of Japan believes that the Japanese stock market shows signs of overheating.

On October 23, Jin10 reported that the Bank of Japan stated on Thursday that there are early signs of overheating in the Japanese stock market and warned that uncertainties surrounding U.S. trade policies could trigger a severe market correction, impacting financial institutions. In the Bank of Japan's semi-annual Financial System Report, there is a heat map that visually presents the financial imbalances of various asset prices and credit conditions, where "red" indicates overheating. The heat map shows that the stock price item is "red," while the other 13 categories are all "green," indicating no significant deviation from the trend. On Tuesday, after the pro-fiscal stimulus politician Takemori Saito became Japan's first female Prime Minister, both the Nikkei 225 Index and the Tokyo Stock Exchange Index reached all-time highs.
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