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Market Pulse: Buffett Steps Down, iPhone 18 Pro Sales Surge, and Taiwan Power Rates Frozen
Miscellaneous · Miscellaneous · economic_daily · 2026-09-18
Stay updated with today's top five financial stories, covering Buffett's retirement, strong iPhone 18 Pro sales, BOJ interest rate impacts, and Taiwan's power rate policy.
What Happened
Buffett's Historic Transition: Warren Buffett, the 96-year-old investment legend, has officially stepped down as Chairman of Berkshire Hathaway. This move marks the end of an era for the $1 trillion conglomerate and signals a significant leadership transition for the firm.
Strong iPhone 18 Pro Debut: Apple's iPhone 18 Pro series saw strong initial sales following its launch on the 18th. Telecom operators and retailers are optimistic that the upcoming spring release of the base models will generate further momentum.
Global Monetary and Trade Policy: The Bank of Japan raised rates by 25 basis points to 1.25%, yet the yen weakened as the market viewed the move as insufficiently hawkish. Meanwhile, expectations suggest that U.S. 301 tariff announcements regarding China will be delayed until after the upcoming leadership summit.
Taiwan Power Rate Decision: The Ministry of Economic Affairs has decided to freeze electricity prices to prevent inflationary pressure caused by rising fuel costs from the Middle East conflict. The government plans to seek a 71.1 billion TWD subsidy to stabilize costs, with a follow-up review scheduled for December.