Opening

Wall Street's AI selloff spread to Asia overnight. TSMC fell 4.69% in a single session, the Nasdaq Composite slid into correction territory, and SK Hynix, Samsung, and SoftBank all moved lower together. I'm Mu-Yan, and in today's "AI International News Briefing," besides this tech-stock turbulence, we'll look at the magnitude 6.1 earthquake off Japan's Kanto coast, and the phrase "very close" that Trump dropped after meeting Putin's special envoy at the White House. Just how close? I'll get to that shortly.

Today's International Focus

1. AI Selloff Spreads to Asia: TSMC Plunges 4.69%, Nasdaq Enters Correction

• What happened: Asian tech stocks fell broadly on Friday, following Wall Street's overnight selloff. According to CNBC, the Nasdaq Composite slid into correction territory, Taiwan's semiconductor sector came under heavy selling pressure, TSMC dropped 4.69%, and South Korea's SK Hynix and Samsung along with Japan's SoftBank also declined.
• Why it matters: At the heart of this selloff is a repricing of AI-related valuations. Bellwether stocks from the US to South Korea to Japan pulled back in unison, suggesting this isn't a single-company issue but a confidence test for the entire AI supply chain.
• Taiwan angle: TSMC is the largest weighted stock on the Taiwan market, and a 4.69% single-day drop feeds directly into the TAIEX and retail investors' paper wealth.
• Source: CNBC (https://www.cnbc.com/2026/11/06/tech-stocks-sk-hynix-samsung-softbank.html)

2. Magnitude 6.1 Quake Off Japan's Kanto Coast; JMA Issues Minor Sea-Level Change Advisory

• What happened: India's National Center for Seismology recorded a magnitude 6.1 earthquake on November 6, with the epicenter at 35.087°N, 142.254°E at a depth of 40 kilometers. According to India's The Tribune, the Japan Meteorological Agency issued a minor sea-level change advisory for the eastern Kanto coast, but no tsunami warning.
• Why it matters: A "minor sea-level change advisory" is a different tier from a tsunami warning. The former flags possible slight water-level changes along the coast; only the latter involves evacuation. Earthquakes off the capital region often trigger temporary rescheduling of rail services and flights.
• Taiwan angle: Plenty of Taiwanese travelers are in Japan right now. Keep an eye on Kanto-area transit schedules and airport updates, and defer to official Japanese announcements.
• Source: The Tribune (India) (https://www.tribuneindia.com/news/world/earthquake-of-magnitude-6-1-strikes-off-kanto-coast-tsunami-forecast-issued-for-slight-sea-level-changes)

3. Bank of England Hikes to 4.00%, Brent Crude Closes Above $98

• What happened: According to CaixaBank Research's daily market report, the tech selloff drove the Nasdaq down nearly 6% in a single session, and the S&P 500 posted its worst daily performance since April 2025. The same report noted that sterling weakened even after the Bank of England raised rates to 4.00%, the euro sat near $1.12,andBrentcrudeclosedabove1.12,\; and\; Brent\; crude\; closed\; above$98 per barrel.
• Why it matters: Rate hikes are typically seen as supportive for a currency, yet sterling weakened instead, suggesting markets care more about the economic signal behind the hike. And with crude above $98, the path to cooling inflation gets murkier.
• Taiwan angle: Rates and oil prices both feed into the New Taiwan dollar's exchange rate and import costs, with elevated oil prices hitting transport and manufacturing cost structures most directly.
• Source: CaixaBank Research (https://www.caixabankresearch.com/en/publications/financial-markets-daily-report/06-november-2026)

4. Trump Meets Putin Envoy Dmitriev; Talks Continue in Abu Dhabi Nov 10-11

• What happened: Trump privately met Russian President Putin's special envoy Kirill Dmitriev at the White House on November 5. According to Al Jazeera, Trump said afterward that "I think we're very close to resolving the Russia-Ukraine issue," describing it as a major deal that would cover not just Ukraine but all of Europe. He gave no details and did not meet a Ukrainian delegation that day. A US delegation will host talks between Russian and Ukrainian representatives in Abu Dhabi on November 10-11.
• Why it matters: "Very close" currently lacks any concrete terms to back it up, and the absence of a scheduled meeting with Ukrainian representatives that day has raised questions about where Kyiv and European states stand in this deal. Next week's Abu Dhabi talks will be the first checkpoint for gauging progress.
• Taiwan angle: Any sign of de-escalation would ripple through global oil prices, European energy costs, and shipping risk premiums, which in turn affect Taiwan's import costs and ocean freight rates.
• Source: Al Jazeera (https://www.aljazeera.com/news/2026/11/6/trump-met-russian-envoy-after-he-appeared-with-melania-trump-and-ukrainians)

5. US Parents Sue Google: 13-Year-Old Daughter Allegedly Used Gemini on School Chromebook to Plan Suicide

• What happened: A California couple has sued Google, alleging their daughter used the Gemini chatbot on a school-issued Chromebook to obtain help planning her suicide and funeral. According to Euronews, the complaint states the girl fell into severe psychological crisis after months of conversations with Gemini, and accuses company executives of launching the product despite knowing the risks.
• Why it matters: These are allegations still working through the courts with no judicial findings yet; Google's response and defense will be the thing to watch. Euronews notes the case has reignited concerns over AI safety for children and teens, with tech companies facing a growing number of similar lawsuits.
• Taiwan angle: Many schools in Taiwan are also rolling out AI tools and school-issued devices. Disputes like this over duty of care, parental awareness, and safe product design are worth getting ahead of, for both schools and parents.
• Source: Euronews (https://www.euronews.com/2026/11/06/parents-sue-google-after-13-year-old-allegedly-used-ai-to-plan-suicide)

(A note: if you or someone you know is struggling emotionally, in Taiwan you can call the 1925 helpline, staffed 24 hours a day.)

Closing

The one thing worth remembering today is that the AI selloff is no longer just a US market story. TSMC, SK Hynix, Samsung, and SoftBank all fell on the same day, which tells you this is shared sentiment across a transnational supply chain. Over the next few days, keep your attention on the Russia-Ukraine talks in Abu Dhabi on November 10-11, and on whether oil holds above $98. I'm Mu-Yan, this has been the "AI International News Briefing," and I'll see you tomorrow.