Daily Briefing · 2026-10-06

Buying accelerated in major tech stocks, and the Nasdaq hit a new record high. Next, geopolitical risk. In Yemen, the provisional government forces have expanded a large-scale military operation against the Houthis, and concerns are growing over both a worsening humanitarian crisis and rising oil prices. Japan has decided on additional sanctions against Russia. Russia's Foreign Ministry has suggested countermeasures, and the economic and diplomatic confrontation between the two countries is expected to intensify further. In Ukraine, a Russian drone attacked a civilian grain transport ship in the Black Sea. President Zelensky issued a warning, and concerns are growing over the international grain market and food security. In Europe, Spanish Prime Minister Sánchez dissolved parliament and announced that a general election will be held on November 29. Political risk and economic uncertainty in the eurozone are rising. Inside Russia, more than 60 people were detained at a rally criticizing the Putin administration. Amid the political instability, concerns are growing over the withdrawal of foreign investment. Corporate news. Shionogi Pharmaceutical has acquired a U.S. biopharmaceutical company, aiming to expand R&D investment and strengthen its overseas pipeline. Seven-Eleven will close all 31 of its stores in India, as it moves to concentrate management resources in its overseas operations. In the automotive industry, the mini EV "e-Sky" will go on sale in November, entering the mini electric vehicle market at the lowest price point, which is expected to intensify price competition. Japan and Australia have established a new financial dialogue framework and will strengthen supply chains to ensure a stable supply of energy and critical minerals. At Tokai Kisen, President Yamazaki resigned, taking responsibility for management. The succession personnel changes and shifts in corporate governance could affect future corporate value and share price valuation. On the domestic infrastructure front, a string of gas station bankruptcies and closures due to financial difficulties has raised concerns about a shrinking regional fuel supply system. On the Korean Peninsula, a landmine incident involving North Korea injured three South Korean soldiers, raising tensions. This could lead to an increase in defense spending going forward. Lastly, China's Premier Li Qiang reiterated that the Taiwan issue is an inviolable red line. The risk of instability in trade relations continues.