TREE NEWS update: Japan Finance Minister Satsuki Katayama said accelerated sales of exchange-traded funds by the Bank of Japan are expected to generate ¥1 trillion in profit. The amount the central bank will transfer to the government has not yet been decided. Katayama also said the conduct of monetary policy should be left to the BOJ’s own discretion.
TREE NEWS update: The People’s Bank of China set the yuan’s daily midpoint at 6.7167 per dollar, 21 pips stronger than the previous fix of 6.7188. The prior official close stood at 6.6735, and the overnight session closed at 6.6724.
TREE NEWS update: South Korean President Lee Jae-myung called for close monitoring of financial markets. The instruction directs authorities to keep a close watch on market conditions. No further details, including specific market segments or policy measures, were provided in the material.
TREE NEWS update: South Korean President Lee Jae-myung said Seoul must establish cooperation with the US Congress and expand communication with US state governments. He made the remarks on the need to broaden South Korea’s US engagement beyond the federal administration, without giving further details.
TREE NEWS update: Anthropic plans to raise up to $69.3 billion in its initial public offering by issuing 866,666,664 shares of Class A common stock at a price range of $70 to $80 per share. The filing details the AI company’s offering size and pricing ahead of the listing.
TREE NEWS reports: Taiwan’s TAIEX weighted stock index opened 2.1% higher at 42,521.12 points. The gain marks a positive start for the benchmark, which tracks the island’s largest listed companies.
TREE NEWS reports: Commodity futures opened lower, with front-month fuel oil and LU fuel oil contracts falling more than 5% and crude oil dropping over 4%. Polypropylene, LPG and pure benzene each declined more than 3%. Bucking the trend, Shanghai silver rose over 1%, while container shipping Europe routes, Shanghai gold and rapeseed meal gained nearly 1%.
TREE NEWS reports: FTSE China A50 index futures opened 0.97% higher, following a 1.06% gain in the previous trading day’s night session. The early move extends the prior session’s upward momentum.
TREE NEWS update: The global pivotal Phase III POLARIS-AD study of oral Alzheimer’s drug AR1001 will report topline results as an oral presentation at the 19th Clinical Trials on Alzheimer’s Disease conference (CTAD 2026), held November 16-19 in Boston, with the data set to be unveiled for the first time on November 16. Fosun Pharma holds regional licensing rights to AR1001 and exclusive options in core global markets.
TREE NEWS update: Reserve Bank of New Zealand Chief Economist Conway said monetary policy must respond to the reality unfolding in front of it, and that the central bank needs to see evidence of risk before acting. Labour market data lags, and the market will pick up afterwards, Conway said.
TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges rose by a combined 12.07 billion yuan as of November 9. The Shanghai Stock Exchange’s margin balance reached 1.17819 trillion yuan, up 9.354 billion yuan from the previous trading day, while the Shenzhen Stock Exchange’s balance stood at 1.081346 trillion yuan, up 2.715 billion yuan. The two markets’ total margin balance reached 2.259536 trillion yuan.
TREE NEWS reports: CSC Securities said in a research note that China’s A-share AI sector will see its 2027 investment focus shift from spending expectations to ROI realization, with domestic chip localization and application commercialization as the core variables. The brokerage recommended four directions: domestic compute, AI applications and models, Xinchuang, and future industries. It said AI chip penetration in training and inference is rising and model ARR and token growth are exponential.
TREE NEWS update: The Reserve Bank of New Zealand said the New Zealand dollar’s continued depreciation has exacerbated inflation. The central bank’s assessment links the currency’s weakness to upward pressure on prices. No further details or figures were provided.
TREE NEWS reports: HIVE and MARA both reported higher Bitcoin production but lower mining revenue and rising electricity costs, even as the two miners expanded their AI infrastructure businesses. The companies’ output increased while falling crypto prices weighed on earnings.
TREE NEWS reports: Crypto venture firm Strobe Ventures transferred 51.95 million ENA tokens, worth about $8.05 million, to Coinbase three hours ago, on-chain analyst Yu Jin monitored. Strobe received a 142.9 million ENA allocation through an investment two years ago and still holds 50 million ENA ($83.94 million) in its address, having sold roughly 93 million ENA for $25.41 million in profit.
TREE NEWS reports: Australia’s NAB business conditions index fell to -2 in October from -1 in September, the bank’s survey showed. The reading marks a further softening in business conditions as the index moved deeper into negative territory.
TREE NEWS reports: Ethereum’s staking rate has risen about 4.32% since May to roughly 36.32% of total ETH supply, CryptoQuant analyst PelinayPA said, even as ETH on Binance fell from about $2,800 in October to $2,132. The divergence suggests investors are not significantly cutting staking exposure despite weaker prices. Total staking inflows, however, dropped 40.11%.
TREE NEWS reports: Bitcoin fell from above $75,600 to near $73,400 on Nov. 9, rebounded to about $75,500, then slipped back to around $74,600 by the morning of Nov. 10, with heavy long liquidations amplifying the drop and the bounce lacking sustained spot demand. Spot bitcoin ETFs saw $411.9 million in net outflows on Nov. 6 and $1.28 billion for the week, underscoring fragile institutional demand.
TREE NEWS update: North Korea test-fired a new high-speed torpedo weapon system in the eastern sea on April 9. The weapon, jointly developed by North Korean defense research institutions, had its combat effectiveness verified. The North Korean navy will begin deploying the torpedo system in early 2027.
TREE NEWS update: Reserve Bank of New Zealand Chief Economist Conway said inflation remains too high, with the Monetary Policy Committee unanimously agreeing that further rate hikes are necessary. The domestic economy still has pockets of weakness, and the labor market shows clear excess capacity. The risk is that cost shocks evolve into broader inflationary pressure.