TREE NEWS reports: The pound fell 0.5% against the dollar to 1.3382, marking its largest single-day decline since Oct. 14. The move reflects selling pressure on sterling in the currency market.
TREE NEWS update: Ethereum Foundation developer Marius van der Wijden urged contract developers and auditors to check whether their projects rely on eight invariants that the Glamsterdam upgrade will break. The Foundation published a GitHub repository with explanations, examples and self-check prompts for each invariant, and affected parties can email glamsterdam@ethereum.org. ChainSecurity previously found some projects depend on these invariants, which become vulnerable once EIP-8037 and EIP-8038 change gas accounting for certain operations and state.
TREE NEWS update: Lin Zhaoxiong, former second-level inspector at Guangdong Provincial Department of Housing and Urban-Rural Development and chairman of the provincial construction quality and safety testing and appraisal association, is under disciplinary review and supervisory investigation, Xinhua reported. No further details on the case were disclosed.
TREE NEWS update: Ganfeng Lithium’s controlling shareholder and chairman Li Liangbin proposed a share buyback of RMB 200 million to RMB 400 million, the company said in an exchange filing. The repurchase would use own and/or self-raised funds via centralized bidding on the Shenzhen Stock Exchange to safeguard company value and shareholder interests. The buyback price would not exceed 150% of the average trading price over the 30 sessions before board approval.
TREE NEWS update: Qatar’s Emir Tamim bin Hamad Al Thani spoke by phone with U.S. President Donald Trump on the morning of November 6, discussing bilateral strategic ties, the latest regional situation and diplomatic efforts to calm tensions. Tamim stressed the need for dialogue and a diplomatic resolution to avoid further escalation, and to safeguard freedom of maritime navigation and energy supply security.
TREE NEWS update: US President Donald Trump signed a proclamation on November 5 designating the White House Oval Office and Cabinet Room as national monuments, granting the two West Wing rooms special historic protection status. Trump said the designation bars anyone from altering the rooms without congressional approval for future renovations. The proclamation does not prevent a successor president from redecorating the Oval Office and could be overturned by a future administration.
TREE NEWS update: Tether froze over $1.567 billion in USDT and Circle froze about $823 million in USDC linked to the $6.3 billion Binance hack, the two stablecoin issuers accounting for more than $2.3 billion of roughly $3 billion in frozen assets. The FBI attributed the theft to North Korea’s TraderTraitor group and published over 600 associated addresses on Oct. 31, while Arbitrum, Optimism, Aave and major exchanges also moved to block or contain the funds.
TREE NEWS reports: Bitcoin slid to a seven-week low near $75,200, erasing its post-midterm rally, as the S&P 500 and Nasdaq Composite posted their worst day since April 2025. The decline in AI-related equities weighed on Wall Street, though bitcoin fell less than the Nasdaq 100.
TREE NEWS update: Israeli President Isaac Herzog said on November 5 that he was stunned by US President Donald Trump’s statement that the two countries had agreed to end US military aid to Israel by the end of this year, adding he had not previously known of such a plan. Speaking during coalition consultations with the Yesh Atid party, Herzog said the issue left him “very worried” and that the current US-Israel military aid memorandum of understanding runs until 2028.
TREE NEWS update: Swire Coca-Cola China updated progress on its RMB 12 billion investment in mainland China at the ninth China International Import Expo. The company had announced plans to invest more than RMB 12 billion over the next decade in new plants and production lines. The update was presented at the CIIE in Shanghai.
TREE NEWS update: The People’s Bank of China will focus its crackdown on domestic virtual-currency traders and the onshore affiliates of offshore virtual-currency issuance and trading platforms, a PBOC official said. The central bank said crypto currently fails to meet customer identification and anti-money-laundering requirements and fuels speculative trading. The PBOC will work with relevant departments and local governments to continue suppressing crypto-related business activity in China and protect economic and financial order.
TREE NEWS update: Zcash activated its NU7 upgrade, which recycles 60% of transaction fees to fund future block rewards through a Network Sustainability Mechanism. The mechanism will reissue removed ZEC from 2031 within the cryptocurrency’s 21 million supply cap. The upgrade goes live as the Zcash community continues to debate its development fund.
TREE NEWS reports: Apple shares fell more than 1% in US premarket trading, while Meta Platforms’ premarket gain narrowed to 0.65%. The moves came in premarket action ahead of the regular session.
TREE NEWS update: China’s National Financial Regulatory Administration has released a draft of its measures for managing the qualifications of directors, supervisors and senior executives at insurance companies, opening it to public comment. The draft, comprising six chapters and 66 articles, sets out the NFRA’s division of responsibilities with its local bureaus and defines the scope of senior management, while detailing qualification requirements and the circumstances under which approval will be denied.
TREE NEWS update: Lanzhou Bank’s directors, senior executives and mid-level managers had accumulated 2.9895 million shares, or 0.0525% of total share capital, by Nov. 5, 2026, under a shareholding increase plan that is now past its halfway point. The purchases totaled 6.3379 million yuan at prices ranging from 2.05 to 2.19 yuan per share, and the plan has not yet been fully implemented.
TREE NEWS update: Montage Technology bought back 336,141 A-shares on the Shanghai Stock Exchange on November 6, 2026, at prices between RMB 143.46 and RMB 149.68 per share, for a total of RMB 49.753 million. The repurchased shares will be held as treasury shares rather than cancelled, the company said in a filing.
TREE NEWS update: The Shanghai Stock Exchange said it took self-regulatory measures against 119 cases of abnormal securities trading, including price ramping and false declarations, during the week of Nov. 2 to Nov. 6, 2026. It also conducted special reviews of major matters at 31 listed companies and reported one suspected violation case to the China Securities Regulatory Commission.
TREE NEWS update: Beijing Benz Automotive Co. and Mercedes-Benz (China) Auto Sales Co. filed recall plans with the State Administration for Market Regulation under China’s defective auto product recall regulations, the two companies said. The filings cover both domestically produced and imported vehicles. The notice did not specify the number of vehicles affected, the defect involved or the model names.
TREE NEWS update: The Zhengzhou Commodity Exchange said sunflower oil futures and options have been approved for registration, a move that will further expand the risk-management toolkit for the oils and oilseeds supply chain. The approval was confirmed by a relevant official at the exchange. No launch date or contract specifications were disclosed.
TREE NEWS reports: Democratic leaders in the U.S. Congress have drafted a 181-page investigative dossier listing hundreds of corporate executives and companies they intend to probe if they win control of both chambers next year. The document, prepared by the Groundwork Collaborative think tank, names Apple (AAPL.O), Meta Platforms (META.O) and Elon Musk’s companies among targets spanning tech, AI labs, gas utilities, private prisons and nursing homes, and envisions a series of high-profile hearings.