TREE NEWS reports: France’s household consumption expenditure fell 0.5% month-on-month in September, missing expectations of a 0.1% increase and matching the prior month’s 0.5% decline. The data points to continued weakness in consumer spending in the euro zone’s second-largest economy.
TREE NEWS update: French Interior Minister Laurent Nunez said on October 29 that 70,000 gendarmes and police officers will be deployed across France on Saturday, October 31, citing a very high likelihood of public disorder. The deployment is intended to maintain order nationwide.
TREE NEWS update: China will extend the maximum stay for APEC Business Travel Card holders in the country from 60 to 90 days, effective Nov. 1, 2026. The change is intended to facilitate business travel across the Asia-Pacific region. The card allows visa-free entry to participating APEC economies.
TREE NEWS update: France releases its preliminary third-quarter GDP reading and Bank of Japan Governor Kazuo Ueda holds a monetary policy press conference, both scheduled for 14:30 Beijing time. The two events put euro-area growth and Japanese monetary policy in focus for markets in the same window.
TREE NEWS update: Russia’s human rights commissioner Tatyana Lantratova met Ukraine’s Verkhovna Rada human rights commissioner Dmytro Lubinets in Oleshky, Kherson region. Lubinets said the Ukrainian delegation was well received in Oleshky. The meeting marks a direct contact between the two officials in the Kherson region.
TREE NEWS update: European Central Bank Governing Council member Gediminas Simkus said keeping interest rates unchanged does not mean the ECB will not raise them again in the future. He also said the likelihood of energy spillover effects has increased. The remarks concern the ECB’s policy path after a period of holding rates steady.
TREE NEWS update: North Korea’s Ministry of National Defense said on October 30 that hostile forces have recently raised their level of war preparations against the North and stepped up provocations, pushing military tension on the Korean Peninsula to an unprecedented level. The statement was issued by a ministry spokesman.
TREE NEWS reports: Credit Agricole reported third-quarter net profit of €1.99 billion, up 18% year on year but below the €2.04 billion estimate. Revenue came in at €7.09 billion, up 7.5% and above the €7 billion forecast, while loan loss provisions rose 20% to €585 million, exceeding the €524.2 million estimate.
TREE NEWS update: Yu Donglai, founder of Chinese retailer Pang Dong Lai, published a proposal calling for institutional rules that support paid seating for consumers and protect the interests of both merchants and customers. He also suggested rules allowing the restaurant industry to refuse diners who bring outside food. The proposal was made in a post by Yu and does not constitute a formal regulatory filing.
TREE NEWS reports: Spot silver dropped below $51 an ounce on the day, falling 2.21% intraday. The move marks a sharp pullback in the precious metal, which had been trading above the $51 level.
TREE NEWS reports: China added 180 gigawatts of renewable energy capacity in the first three quarters of the year, accounting for 71.7% of all new power capacity, the National Energy Administration said. Wind and solar made up nearly 70% of total additions. By the end of September, national renewable capacity reached 2.518 billion kilowatts, up 14.6% year-on-year and about 60.94% of total installed capacity, with solar now the largest power source by capacity.
TREE NEWS update: China Southern Airlines flight CZ3599 took off from Guangzhou Baiyun International Airport on the morning of Oct. 30 after being refueled with sustainable aviation fuel, marking the airport’s first SAF departure. It was also the first time the Guangdong-Hong Kong-Macao Greater Bay Area has used the domestically built C919 aircraft on an SAF flight.
TREE NEWS update: Kia said the US-Iran war raised its raw material costs by KRW 600 billion in the third quarter, with the conflict’s impact expected to persist into the fourth quarter. The automaker kept its 2026 sales target unchanged and said its global market share has reached a record 4% year to date.
TREE NEWS update: China’s State Council has decided that Liu Jinbo will no longer serve as executive director of China Investment Corporation (CIC), the country’s sovereign wealth fund. The decision was announced by CIC. No reason was given for the removal, and no successor was named in the announcement.
TREE NEWS reports: STAR Market ETFs numbered 134 and held nearly RMB 340 billion in total assets as of Oct. 29, accounting for 21% of all equity ETF assets on the Shanghai Stock Exchange, up more than 10 percentage points from end-2025. Despite a market pullback, STAR Market ETFs drew nearly RMB 50 billion in net inflows over the past three weeks, with STAR 50-linked ETFs alone taking in over RMB 38 billion — a clear “buy the dip” left-side positioning pattern.
TREE NEWS reports: Hong Kong’s Hang Seng Index extended gains to nearly 2% on Monday, with Mengniu Dairy surging more than 8% to a near one-year high. Meituan, Pop Mart and Xiaomi Group each rose more than 4% as the benchmark’s advance broadened across consumer and technology names.
TREE NEWS reports: All three major A-share indices reversed early losses to trade higher, with the ChiNext Index having fallen more than 3% in morning trading before recovering. The turnaround marks a sharp intraday swing for the growth-focused board.
TREE NEWS reports: Kia reported third-quarter operating profit of 1.82 trillion won, missing an estimated 2.43 trillion won. Net profit for the quarter came in at 1.29 trillion won versus a 2.06 trillion won estimate, while revenue was 31.60 trillion won against an expected 31.81 trillion won.
TREE NEWS reports: Japan’s September housing starts came in at an annualized 714,000 units, below the 751,000 expected and down from the prior 753,000. The reading points to a slowdown in residential construction activity for the month.
TREE NEWS reports: Blackstone is reportedly planning to sell an office building in central Tokyo for $1.9 billion. The reported disposal would mark one of the largest single-asset office transactions in Japan, as the U.S. private equity firm continues to rebalance its real estate holdings.