Swiss watch prices are increasing, but there are still some bargains to be had, writes @AndreaFelsted (via @opinion) https://t.co/VHbkIMEgFy ...

Trade & Tariff Impact - Swiss watch exports experienced a decline in September [1] - The decline is attributed to the Trump administration's imposition of a 39% tariff on imports from Switzerland to the US [1]

Financial Performance - Sotheby's Paris jewelry and watch sales totaled $10.8 million [1]

Sotheby’s Paris Jewelry And Watch Sales Total $10.8 Million https://t.co/JbmDENO0qRhttps://t.co/JbmDENO0qR ...

Auction Performance - Sotheby's September jewelry and watch auctions in Paris totaled €930万 (9.3 million euros), equivalent to $1090万 (10.9 million US dollars) [1] - This marks Sotheby's best jewelry auction results in Paris since 2018 [1]

Sotheby’s Paris Jewelry And Watch Sales Total $10.8 Million https://t.co/JbmDENO0qRhttps://t.co/JbmDENO0qR ...

We're inviting the Swiss to participate with Shyola uh to make watches here in Detroit. And really, we believe that with Swiss precision and Detroit ingenuity and grit all under one roof, uh that it's a win-win for both our countries. And that with this combination, we believe we can grow the overall American watch market and for that matter, the overall global watch market.>> All right. So, you know, you put the ad out earlier this month. Have you gotten any response from these Swiss artisans who make the ...

Core Viewpoint - Senator Elizabeth Warren has raised concerns regarding Rolex's relationship with President Donald Trump, suggesting that the company may be attempting to secure tariff exemptions through this association [2]. Group 1: Company Actions - Rolex hosted President Donald Trump at the U.S. Open, which has led to scrutiny over whether the company is leveraging this relationship for potential tariff benefits [2][4]. - The invitation to Trump has drawn parallels to actions taken by other companies like Apple and Nvidia, which have made domestic investments since Trump's return to the White House [3]. Group 2: Political Context - Warren's letter to Rolex's CEO, Jean-Frederic Dufour, questions the company's motives and suggests an inquiry into its practices [2]. - The presence of high-ranking officials alongside Trump at the U.S. Open, including Treasury Secretary Scott Bessent, highlights the political connections that may influence corporate strategies [4].

Market Overview - Japan's Nikkei share average ended lower, closing at 43,459.29, down 0.4% after reaching a peak of 44,185.73 earlier in the session [1] - The broader Topix index also finished down 0.5% [1] Economic Factors - The market initially gained on expectations of increased government spending following the resignation of Prime Minister Shigeru Ishiba, with analysts predicting a more expansionary fiscal policy [2] - The yen strengthened by 0.5% to 146.82 against the U.S. dollar, negatively impacting earnings prospects for exporters [3] Trade Developments - U.S. tariffs on Japanese autos are expected to be lowered by September 16, clarifying a previously ambiguous trade deal [3] - However, the most-favoured-nation status for pharmaceuticals and semiconductors was not included in a recent executive order by U.S. President Donald Trump [4] Company Performance - Takeda Pharmaceutical, Japan's largest drugmaker, saw its shares decline by 3% [4] - Citizen Watch experienced a significant drop of 5.5% and will be removed from the Nikkei 225 index starting October [4] - Advantest, a chip-testing equipment maker and Nvidia supplier, was the biggest gainer, rising 6.5% to a new record high [5] - Other notable gainers included Screen Holdings, which increased by 2.4%, and Tokyo Electron, which added 2% [5]

Company Rebranding & Cryptocurrency Adoption - Top Win International officially rebranded as AsiaStrategy [1] - AsiaStrategy now accepts Bitcoin as payment for luxury watches [1] Market Trend - The acceptance of Bitcoin is part of a global trend possibly initiated by Saylor [1]