UEDA said the Bank of Japan must monitor the cumulative effects of past rate hikes and their impact on financial conditions when setting monetary policy.

China's 14th National People's Congress Standing Committee will hold its 25th session in Beijing on Nov 2-6. The chairpersons' meeting has recommended the session review draft laws and amendments including a Financial Law draft; a State-owned Assets Law draft; a State Council-submitted amendment to the Tax Collection and Management Law; a proposed amendment to the Criminal Procedure Law; an Anti-cross-border Corruption Law draft; a Renewable Energy Law revision; a Water Law revision; a Procuratorate public-interest litigation law draft; an Antarctic Activities and Environmental Protection Law draft; and amendment drafts to 15 laws including the Emergency Response Law.

Foxconn chairman says the company may enter the Polish market in future as local auto shipments are expected to rise.