Japan coincident index preliminary MoM for September +0.7%; August revised to -1.8%.

Zelenskiy said on the evening of the 8th that Russian forces have recently carried out large-scale personnel and equipment rotations and reinforced positions in Kherson, including rotations on the left bank of the Dnipro in Russian-held areas, and used an Oleshky humanitarian operation as cover. He convened regional governors, instructed the military to propose further measures to protect local civilians, and Ukrainian media have reported abnormal Russian military movements in Kherson.

China's collectible toy market is approaching 100 bln yuan, with over 70% of consumers prioritizing emotional companionship and social-circle engagement. Overseas brands said at the 9th Hongqiao International Economic Forum that simple direct distribution no longer scales in China and co-creating with local partners is now essential. Domestic supply-chain clusters support that shift: Dongguan for precision molds and small-batch prototyping, Yiwu for accessories, packaging and trade flow, and the Yangtze River Delta for IP design and quality control, with regional coordination materially shortening new-product prototyping and trial cycles.