PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Recruit Holdings (6098 JT) is to buy back up to 2.68% of shares worth JPY 250bln

JAPAN

Daicel (4202 JT) - Co. notified regarding group reorganisation plan involving a company split with a consolidated subsidiary. (Newswires)

Recruit Holdings (6098 JT) - Co. is to buy back up to 2.68% of shares worth JPY 250bln. (Newswires)

Subaru Corp (7270 JT) - Co. CFO said at least 10% return on equity remains in place. (Newswires)

Other News

BoJ Governor Ueda said the global economy is resilient, but uncertainty is high and faces complex challenges that could weigh on medium- and long-term growth outlook, while his view on the global economy and outlook has not changed much from before he visited the US. Ueda said the impact of tariffs on the global and US economy is being delayed, which is keeping growth resilient, while he stated that they will adjust the degree of monetary support in accordance with the likelihood of their growth and inflation forecasts materialising. (Newswires)

BoJ Assistant Governor Shimizu said every country is facing a number of uncertainties, particularly from trade policy, which could have an adverse impact on corporate and household sentiment. Shimizu said inflation expectations in Japan are still below 2%, so they have to lift expectations and continue to support economic activity. Furthermore, he said it is not known exactly how Japan's economy will react to the new environment on interest rates, which is why the BoJ has to be very careful in proceeding with policy normalisation. (Newswires)

Japan’s government plans to raise visa application fees to a level comparable to US and European nations amid surging tourism. (Nikkei)

Japan Innovation Party co-head Fujita said they found a lot of ground with the ruling LDP, but doesn’t know yet if they will be able to ultimately reach a deal and will have another round of discussions on Friday, while LDP policy chief Kobayashi confirmed that in talks with JIP, the parties shared a stance in key areas such as constitution, security and energy. It was later reported that Japan Innovation Party co-leader Yoshimura said the chance of a coalition with LDP is 50-50. (Newswires)

SOUTH KOREA

Hanwha Aerospace (012450 KS) - Hanwha Group will showcase advanced AI-based defence systems at next week's Seoul International Aerospace & Defense Exhibition. (Yonhyap)

Data Recap

South Korean Unemployment Rate (Sep) 2.5% (Prev. 2.6%)

17 Oct 2025 - 00:43- MetalsData- Source: Newswires