French national statistics agency INSEE said real private-sector wages fell 1.1% YoY in Q3 after inflation adjustment, underscoring erosion of household purchasing power amid a surge in prices. The decline helps explain recent street protests and has intensified union demands for a minimum-wage increase. Prime Minister Lecornu, leading a minority government that must also win approval for the budget and appease worried investors, has convened a Monday meeting of employers and unions to discuss w

At a Nov. 6 regular briefing, Foreign Ministry spokesperson Guo Jiakun said China-Japan relations are facing serious difficulties and placed responsibility entirely on Japan. He said about a year ago Japanese leaders made erroneous Taiwan-related remarks that openly signalled intent to use force to intervene in Taiwan affairs, challenging China’s sovereignty and undermining the political basis of bilateral ties. Guo said Japan has shown no sincere reflection or corrective action, and reiterated China’s unchanged position: Japan should promptly correct its Taiwan-related words and deeds, adopt a correct attitude on historical issues and form an objective, rational view of China.

China apple front-month futures rose 6.00% intraday to 6,044.00 yuan/ton.