Almost half of Japanese back military intervention for Taiwan – poll

Japan and Switzerland's economies have contracted, primarily due to the impact of US tariffs on exports. The European Commission has raised its growth forecast for the eurozone, citing better-than-expected economic performance in the first nine months of the year. This growth was driven by a surge in exports and strong investment in equipment and intangible assets, particularly in Ireland. The continued growth in the third quarter indicates resilience in the European economy despite challenges.

Japan's tourism stocks have experienced a significant decline following a deterioration in relations between Tokyo and Beijing. This downturn is attributed to recent comments made by the Japanese leader regarding Taiwan, which have sparked tensions between the two nations.

China has issued a travel warning to its citizens advising against travel to Japan due to escalating tensions following comments made by Japanese Prime Minister Sanae Takaichi regarding Taiwan. This warning has led to a significant drop in shares of Japanese tourism and retail companies. The diplomatic relationship between China and Japan has worsened, with a senior Japanese diplomat scheduled to visit Beijing amid these tensions.

China has deployed its coast guard to the waters surrounding the Senkaku islands, which are administered by Japan but also claimed by China as the Diaoyu islands. This move follows remarks by Japanese Prime Minister Sanae Takaichi, suggesting that Japan may respond militarily to a potential invasion of Taiwan. The situation has escalated tensions between the two nations, particularly in light of China's recent military activities in the region.