Capital Economics Asia-Pacific head Thomas Mathews said a less-hawkish-than-expected monetary stance and an unwind of AI froth will further support bonds over time. Bonds extended gains last week after major central banks kept rates unchanged, leaving market optimism intact; Mathews expects central banks to continue providing a favorable backdrop for the rally. He added the Fed, ECB and BOJ could still tighten later while the BoE and RBA are likely to hike this week, but stressed developed-marke

On Nov. 1, Israeli airstrikes across the Gaza Strip killed at least 8 people and wounded several. A drone strike in Khan Younis killed five Palestinians who were identified by the local interior ministry as police; a separate strike west of Gaza City killed three, including a child.

Japan’s minister for economic and fiscal policy Kiuchi test-rode an autonomous vehicle on Nov. 2 near the Diet in Nagatacho, Tokyo, guided by Wayve CEO Alex Kendall, and said the government will increase support for autonomous driving to keep pace with overseas R&D and trials. Autonomous driving is one of 62 priority products and technologies in the government’s growth strategy; Tokyo plans combined public-private investment of ¥8.2 trillion by FY2040 and targets a 25% share of global autonomous vehicle sales in the 2030s.