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Japan PM’s support under 30% for first time in a major poll

  Bloomberg Support for Japanese Prime Minister Fumio Kishida dipped in a major poll below the 30% level considered a danger zone for a premier, as voters have faulted him over measures to fight inflation and not doing enough to cut ties to a fringe church. The approval rating for Kishida’s government fell to 27.4% in a Jiji Press poll ...

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US core inflation returns to four-decade high as rents rise

  Bloomberg A key gauge of US consumer prices advanced to a 40-year high in September, underscoring persistent, elevated inflation that’s squeezing households and pushing the Federal Reserve towards another steep interest-rate hike. The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982, Labour Department data showed on Thursday. ...

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UK delays restrictions on Huawei Technologies

Bloomberg The UK delayed restrictions on Huawei Technologies Co.’s use in broadband networks after BT Group Plc said the original deadline could lead to outages. The restriction on Huawei’s use in network cores — which manage sensitive data and tasks, including security and control functions — will now go into effect in December 2023 rather than January, the UK Department ...

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