Honda Motor raised its full-year net profit forecast to 500 billion yen, up from 400 billion yen. The weak yen cushions the cost of its retreat from electric vehicles, and the company is revising its EV-focused business plan.
Key points
Forecast raised to 500 billion yen from 400 billion yen.
Weak yen cushions cost of retreat from electric vehicles; business plan being revised.
Sources
Watches of Switzerland raises lower end of fiscal 2027 outlook to 7%
Watches of Switzerland Group raised the lower end of its fiscal 2027 revenue growth outlook to 7% after strong first-half trading in the US and Britain. The new outlook is 7%-10% at constant currency, up from the prior 5%-10% range.
Key points
Lower end of fiscal 2027 revenue growth outlook increased to 7%.
New outlook is 7%-10% at constant currency, previously 5%-10%.
Sources
Myanmar lobbies US to invest in rare earths
Myanmar's military-led government is pressing Washington to expand investment in its rare earths mines, a sector it says China dominates. The lobbying effort was disclosed in a DCI Group newsletter dated November 10, 2026, following a US State Department strategy document released the prior week that targets access to Myanmar's deposits.
Key points
Date: newsletter published on November 10, 2026 by lobbying firm DCI Group on the information ministry's behalf.
US State Department strategy document released the week before targets access to Myanmar's rare earth deposits.
Sources
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