Overview
- Vladimir Putin said Russia successfully ran a Poseidon nuclear‑powered torpedo test on October 28 and earlier declared the Burevestnik nuclear‑propelled cruise‑missile trials complete with deployment preparations ordered.
- At a summit in Busan, President Donald Trump and President Xi Jinping agreed to a 10% reduction in U.S. tariffs and a one‑year postponement of China’s rare‑earth export rules.
- U.S. equities rebounded, with the Dow rising in early trading as investors viewed the tariff and rare‑earth steps as easing trade friction.
- In Gyeongju, Prime Minister Sanae Takaichi and President Lee Jae‑myung presented a conciliatory tone and steered clear of historical and territorial disputes.
- Tokyo police arrested BAR TRADING JAPAN chief Hase Jin on suspicion of defrauding about ¥126 million via a purported Ishigaki Island redevelopment loan, as experts separately pointed to corrosion‑related rail failure in the JR Hakodate‑line derailment after a new investigation update.