TREE NEWS update: Yemen’s Houthi movement said the Saudi-led multinational coalition launched airstrikes on multiple locations in the capital Sanaa early on the morning of the 10th local time. The strikes reportedly hit a natural gas station in northern Sanaa and the Yemen Oil Company building on Sixtieth Street in the city’s south. There was no immediate word on casualties.
TREE NEWS reports: Honda Motor reported second-quarter operating profit of 117.97 billion yen, far below the 264.5 billion yen estimate, with net profit at 65.85 billion yen versus 172.06 billion yen expected. Net sales came in at 5.98 trillion yen, above the 5.81 trillion yen forecast. The automaker raised its full-year operating profit guidance to 780 billion yen from 650 billion yen, and lifted its net profit forecast to 500 billion yen from 400 billion yen, while keeping its annual dividend at 70 yen per share.
TREE NEWS update: Nvidia closed at $178.67 on Nov. 9, down 4.27% and hitting an intraday low of $170.24, even as the Nasdaq rose 2.74% and the Philadelphia Semiconductor Index gained about 6.9%. The divergence followed a Nov. 8 board statement launching an independent investigation, led by independent directors with outside counsel, into reports that CEO Jensen Huang may have been a target of foreign intelligence activity. The board said it saw no reason to believe U.S. national security or Nvidia secrets were compromised.
TREE NEWS update: SoftBank’s cumulative investment in OpenAI totaled $54.6 billion as of the end of the second quarter, the Japanese technology group disclosed. The figure covers the conglomerate’s total capital committed to the AI developer through June 30. SoftBank has been building a large position in OpenAI as part of its broader push into artificial intelligence.
TREE NEWS reports: Japan’s Nikkei 225 closed up 2.9% at 60,459.58, while the broader Topix index ended the session up 2% at 3,893.71. The gains marked a sharply higher close for Tokyo equities.
TREE NEWS update: Infineon expects first-quarter revenue of about €4.6 billion, coming in below the €4.63 billion market estimate. The German chipmaker’s guidance points to a slight shortfall against analyst consensus for the quarter.
TREE NEWS reports: SoftBank Group reported a net loss of ¥1.12 trillion for its fiscal second quarter, against an expected profit of ¥129.32 billion. Net sales came in at ¥2.22 trillion, beating the ¥2.02 trillion estimate. The Vision Fund segment posted a loss of ¥81.58 billion versus expectations of a ¥222.03 billion gain. SoftBank kept its full-year dividend forecast at ¥11.00 per share.
TREE NEWS reports: China’s A-share gaming sector extended its rally, with Zhongqingbao (Zhongqing Bao) jumping more than 15%, while Shengtian Network, Xunyou Technology and Fuchun Shares rose alongside. The move marks continued strength in gaming equities on the mainland exchanges.
TREE NEWS update: Ukraine peace is only one of several topics on the agenda at talks in Abu Dhabi, an unnamed Russian official said. The official did not specify which other issues are under discussion or who is taking part in the meetings. No further details on the status of the Ukraine discussions were provided.
TREE NEWS reports: Elon Musk and Mirbach will accompany Donald Trump at the APEC summit. The summit appearance would place the two business figures alongside the U.S. president at the Asia-Pacific Economic Cooperation gathering. No further details on their roles or the summit agenda were provided.
TREE NEWS reports: The main polypropylene futures contract on the Dalian Commodity Exchange fell 5% to 8,980 yuan per ton. The drop marks a sharp single-session decline in the benchmark contract for the industrial plastic feedstock on China’s Dalian exchange.
TREE NEWS reports: Russia and Ukraine will focus on a threat prevention mechanism in talks in Abu Dhabi, Interfax reported. The report gave no further details on the timing, participants or scope of the discussions. The talks mark a continued diplomatic track between the two sides.
TREE NEWS update: The government of China’s Ningxia Hui Autonomous Region has issued its urban renewal plan for the 15th Five-Year Plan period, targeting major progress in urban renewal by 2030, with safer and more resilient cities, more livable living spaces, more visible green transition results, stronger development momentum, more prominent cultural features and significantly improved governance. By 2035, the plan aims for more complete urban renewal systems and mechanisms and the basic completion of a modern people’s city that is innovative, livable, beautiful, resilient, civilized and smart.
TREE NEWS update: Coinbase, Kalshi and Payward have moved for leave to file an amicus brief defending the CFTC’s authority to regulate single-stock perpetual futures in the US. The three firms are seeking to weigh in on the side of the regulator in the lawsuit over the products. The filing argues the CFTC has jurisdiction over single-stock perpetual futures.
TREE NEWS update: The 2026 China Golden Rooster and Hundred Flowers Film Festival held its first-ever film AI unit presentation ceremony on Nov. 9 in Xiamen, Fujian. The festival introduced the AI unit to explore artificial intelligence’s use in film and television production and to give creators from different backgrounds a platform to showcase and exchange work. An AI hackathon, a key event of the unit, drew 287 team registrations, with 20 teams selected to complete a 72-hour timed production challenge using AI tools.
TREE NEWS update: World Trade Organization economist Stella Rubinova said at the China International Import Expo that the event’s unique value lies in its focus on imports, helping foreign producers connect with Chinese buyers and reducing information costs by bringing supply and demand together on one platform. Speaking in an interview during the 25th anniversary year of China’s WTO accession, she said the expo helps lower trade barriers and supports effective implementation of trade policy.
TREE NEWS update: Three contract workers died at a Tata Electronics plant in Tamil Nadu, southern India, that makes components for Apple iPhones, regional official Dinesh Kumar said. The deaths occurred on Monday as workers were performing maintenance on a wastewater treatment plant and inhaled gas while inspecting external nanofiltration tanks. Apple, Tata and state government departments will investigate.
TREE NEWS update: The production team behind the viral AI live-action short drama “持械入宋” publicly cautioned that recent hype could prompt ordinary people to enter the industry without understanding its difficulty. The team said complete beginners face a very high barrier, need genuine passion and long-term commitment to short drama, and must invest in computing power for extensive trial and error before gaining experience.
TREE NEWS reports: Inventec posted NT$742.26 billion in revenue for the first nine months of the year, up 43% year on year. Net profit rose 34% to NT$8.86 billion, with earnings per share of NT$2.47 versus NT$1.85 a year earlier.
TREE NEWS update: China’s Ministry of Commerce will launch an anti-dumping investigation from November 6, 2026 into imports of ethylidene norbornene originating in the European Union and Japan. The probe targets the specialty chemical used in rubber and polymer production, and follows a formal filing by the ministry.