Flash News

TREE NEWS update: Crédit Mutuel Arkéa confirmed a cyberattack after on-chain investigator ZachXBT flagged approximately $133 million in suspected losses. The French bank did not confirm the exact loss amount but validated the order of magnitude of the $133 million figure.

TREE NEWS reports: Goldman Sachs said the US midterm election results amount to a “blue wave” that could significantly affect regulation of artificial intelligence and data centers. In a report, the bank said Democrats won far more seats than expected in both the House and Senate, and it expects them to use upcoming fiscal deadlines to seek policy concessions, particularly limits on the Iran war, reversal of some tariffs, and rollback of recently implemented spending cuts.

TREE NEWS reports: Variational, a perpetual DEX without an order book, now ranks second by weekly volume behind Hyperliquid, with over 570 markets spanning stocks, crude oil and gold, and zero fees. The platform has raised about $62 million across three rounds, and its VAR token is set to launch in Q4 at an OTC pre-market valuation of roughly $1.5 billion. Its treasury held about $11.8 million in USDC as of October 28, with all proceeds earmarked for token buybacks and burns.

TREE NEWS reports: Spot gold climbed more than 2% during the session and was last quoted at $4,145.01 per ounce. The move marked a sharp intraday gain for the metal, with the price level cited in the latest quote.

TREE NEWS update: Wang Yi, Politburo member and director of the CPC Central Commission for Foreign Affairs, met a North Korean Workers’ Party delegation led by Kim Song Nam in Beijing on November 5. Wang cited Xi Jinping’s June state visit to North Korea as setting the direction for bilateral ties and briefed the delegation on the 20th CPC Central Committee’s Fifth Plenum. Kim said Pyongyang will work with Beijing to advance friendly relations.

TREE NEWS update: South Korea’s Ministry of National Defense said on the 5th local time that it will expand the operating area of the Cheonghae Unit, currently conducting escort missions in the Gulf of Aden, to southern Oman, bringing it closer to the Strait of Hormuz. The ministry is also deploying additional maritime patrol aircraft, an explosive ordnance disposal team and unmanned minesweeping equipment.

TREE NEWS reports: China’s A-share market closed the morning session mixed on Nov. 5, with the Shanghai Composite up 0.1% while the ChiNext Index rose 1.24% and the STAR 50 briefly climbed over 5% before paring gains. Solar equipment stocks led the advance, with more than ten names including Maxwell Technologies and Jinko Solar hitting the daily limit. Turnover for the half-day reached 1.48 trillion yuan, with 4,457 stocks advancing and 660 declining.

TREE NEWS reports: The US House of Representatives could vote as early as next week on impeaching Defense Secretary Pete Hegseth, Republican Representative Thomas Massie of Kentucky said. Massie plans to push for the vote when Congress returns next week, and multiple Republican sources expect it to pass. Republican lawmakers, stunned by a historic midterm defeat, are moving quickly to pin responsibility for the election result on Hegseth.

TREE NEWS update: Binance will restore withdrawal services for additional assets starting at 04:00 UTC on Nov. 5, the exchange said. The notice did not specify which assets would be affected or the reason for the earlier restriction. The resumption follows a period in which withdrawals for some assets were limited.

TREE NEWS reports: WTI crude fell as much as 9.3% to $87.13 a barrel and Brent dropped about 10% to $93.22, their biggest single-day declines since May, after Democrats won both chambers of Congress in the US midterms. Vice President Vance blamed the party’s defeat on the Iran war, and Democratic leaders said they would push to end the nine-month conflict. Iran’s supreme leader said those expecting the election to change US hostility are “gravely mistaken.”

TREE NEWS update: Inner Mongolia issued a 10-year general local government bond totaling 18.0000 billion yuan at an issuance rate of 1.6300%. The bid-to-cover margin was 1.83 times, against an expected 1.63 times.

TREE NEWS reports: Wallets linked to Trump Media sent 4,259 bitcoin to Crypto.com, equal to about 30% of the bitcoin treasury the company disclosed as of July 31. Arkham labeled both sending wallets as convertible-note collateral. The transfer represents one of the largest single bitcoin movements tied to the company’s disclosed holdings.

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) stood at 1.2630% on the latest fixing, down 0.20 basis points. The seven-day SHIBOR was set at 1.3230%, down 0.60 basis points, while the three-month SHIBOR came in at 1.3980%, down 0.20 basis points.

TREE NEWS reports: Chinese robot-concept stocks rallied in volatile trading, with SW New Materials rising more than 10%. Zhenghe Industry and Fulai New Materials had earlier hit the daily limit-up, while Zhongma Transmission, Wanxun Automation and Zhongjian Technology posted strong gains. The move reflects renewed investor interest in the robotics supply chain.

TREE NEWS update: China’s Ministry of Finance said its one-month treasury cash deposit auction cleared at 1.42%, down from 1.44% in the previous operation, while the two-month rate rose to 1.47% from 1.46%. The results set the latest benchmarks for how the finance ministry parks its cash with commercial banks.

TREE NEWS reports: Japan’s Nikkei 225 fell 0.4% while the broader Topix index rose 1.5% by the morning session close. The divergence reflects a split session in Tokyo, with the benchmark gauge of large-cap exporters slipping while the wider market advanced.

TREE NEWS update: Sand.ai has closed a $200 million Series A+ round, its third funding round of 2026, bringing its total raised over the past 10 months to $300 million. The company said the new round lifts it into unicorn territory. The announcement did not disclose the lead investor or the post-money valuation.

TREE NEWS reports: The MMLC battery-grade lithium carbonate early-session midpoint was quoted at 91,850 yuan per tonne, down 950 yuan from the previous day’s 16:30 price. The move marks a lower reference price for the battery material used in lithium-ion cells.

TREE NEWS reports: Combined turnover on the Shanghai and Shenzhen stock exchanges surpassed 1 trillion yuan within 50 minutes of the opening bell, exceeding the same point the previous trading day by more than 380 billion yuan. The early surge in volume points to a sharp pickup in trading activity across the two mainland markets.