Flash News

TREE NEWS update: Bank of Japan policymakers unanimously agreed at their September meeting that the central bank should continue raising its policy rate and adjust the degree of monetary easing. One member said the stage of monetary policy is shifting, while another stressed the importance of stabilizing prices around 2%. A third member said the BOJ should move the policy rate close to target levels as soon as possible while preserving room for flexible adjustment.

TREE NEWS update: X has rewritten its web client, cutting the time to display the first post on a profile page under slow-network conditions from more than 22 seconds to 2.7 seconds, web lead Yagiz Nizipli said in a post on X on Nov. 5. The company detailed the implementation in an engineering blog post, and the new web version is rolling out country by country.

TREE NEWS update: OKX launched USDT-margined TradFi perpetual futures for Murata Manufacturing (MURATA/USDT), Occidental Petroleum (OXY/USDT) and NuScale Power (SMR/USDT), with trading opening on Nov. 4 at 13:30, 16:30 and 16:45 Beijing time respectively. Funding rates normally settle every eight hours but switch to hourly if they hit the ±1% cap, and the contracts trade 24/7. Availability varies by region.

TREE NEWS update: Apple released the first developer beta of macOS 27.3 on November 3, adding native Markdown rendering to Quick Look. Users can select a .md file in Finder and press the spacebar to preview formatted headings, bold text, lists and links without an editor or extension. Apple’s new Siri AI app skills also use Markdown, letting developers attach a SKILL.md file describing how Siri should handle app tasks.

TREE NEWS update: ASMPT has decided to retain its SMT Solutions business following a strategic review, the company said. The decision keeps the surface-mount technology unit inside the semiconductor and electronics equipment maker rather than pursuing a separation. No financial terms or timeline were disclosed.

TREE NEWS reports: Chinese public fund managers subscribed to their own funds 2,143 times in the third quarter of 2026. Excluding money market funds, equity funds drew net purchases of 420 million yuan, mixed funds 94 million yuan and bond funds 176 million yuan, for a combined 690 million yuan. Equity funds accounted for 60.87% of that total.

TREE NEWS update: Mercado Bitcoin will reopen in view-only mode on Nov. 9 following a hack, the exchange said. The exchange will use company funds to replace affected assets, while withdrawals and trading remain suspended pending security clearance.

TREE NEWS update: Democrats won control of both the Senate and House in the US midterms, sending the Dow up 3% — its biggest gain in a year and a half — and the S&P 500 up the most in three months. Data center, optical communications and chip stocks fell sharply, while Brent crude slid as much as 10% intraday. Trump, appearing for the first time since the defeat, said the Iran war was worth fighting and that he did not fear impeachment.

TREE NEWS reports: AI chip startup Tenspresso, founded just three months ago, is in talks to raise funding at a $500 million valuation, the company’s reported target. No round size, lead investor or terms were disclosed. The deal would value the young chip developer at half a billion dollars.

TREE NEWS update: OpenAI said its security researchers built an autonomous vulnerability discovery, exploitation and patching pipeline that, paired with an upcoming cybersecurity model, reproduced 1,724 vulnerabilities in a single run and generated working exploit code and candidate patches for 948 distinct Linux kernel local privilege-escalation flaws. The run also produced proofs of concept for 291 information-disclosure bugs at a total API cost of about $1.21 million, or roughly $1,279 per privilege-escalation flaw. OpenAI said the agent surfaced at least 10 previously unknown Linux exploitation techniques and is working with Linux maintainers and Patch the Planet partners on disclosure and patches.

TREE NEWS update: Treasure opened community discussion on TIP-63, a proposal to create a Strategic Growth Fund of up to 173 million MAGIC plus an ongoing staking emissions program to support the launch of its DePIN network. Full minting would raise MAGIC’s total supply from about 348 million to about 521 million, a 49.76% increase excluding staking emissions. If approved, 100 million MAGIC would be minted to the Treasure Foundation on Feb. 3, 2027, with the remaining 73 million issued only after specific network milestones are met.

TREE NEWS update: Unit 1 of the Qinghai Huadian Golmud coal power project, China’s highest-altitude ultra-supercritical coal-fired facility, completed a 168-hour trial run and entered commercial operation on the 5th. Project head Zhao Falin said full-capacity output will reach 6 billion kWh annually, meeting the yearly electricity needs of about 6.6 million residents and strengthening the Qinghai grid’s peak-shaving capacity for large-scale renewable integration.

TREE NEWS update: Mercado Bitcoin will begin a phased reopening on Monday and will cover customer losses, the exchange said. Customers will initially be able to view their holdings, while withdrawals and trading remain suspended pending security checks.

TREE NEWS reports: China’s e-commerce logistics index rose 0.2 points month-on-month to 112.1 in October, the China Federation of Logistics & Purchasing said. Supply-side sub-indices such as inventory turnover and logistics timeliness improved, while demand-side measures including total business volume, rural business volume and cost edged lower. The federation attributed the gain to stronger supply-side efficiency and peak-season fulfillment.

TREE NEWS reports: A Hunan-based cathode materials listed company said on Nov. 2 that high-end lithium iron phosphate (LFP) supply is expected to remain tight through 2027, speaking at its third-quarter earnings briefing. A Guangdong-based lithium-ion battery materials listed firm said on the same day that demand for fourth-generation and above LFP products is outstripping supply. Listed companies are shifting expansion toward high-compaction LFP lines, with some new capacity designed for fifth-generation compatibility.

TREE NEWS reports: Goldman Sachs said Democratic victories at state and local levels, rather than control of Congress, pose the bigger risk to US data center projects, as some local governments could temporarily pause approvals. Such pauses could affect about 45% of planned new US data center capacity, the bank estimated.

TREE NEWS reports: US stock index futures rose by as much as 0.2% in early Asia-Pacific trading on Thursday. The modest gains across the three main contracts came at the start of the regional session, with no further details immediately available on the drivers behind the move.

TREE NEWS update: China Resources Land and China Merchants Shekou Industrial Zone Holdings have received regulatory approval to register corporate bonds totaling 36.6 billion yuan. China Resources Land’s 20 billion yuan bond will direct 8.5 billion yuan to projects in four regions including Beijing, Shanghai and Hangzhou, while China Merchants Shekou’s 16.6 billion yuan bond allocates 5.55 billion yuan to projects in seven regions. The deals mark the first practice under the CSRC’s new project-financing framework, shifting real estate credit from issuer to project level.

TREE NEWS reports: American Bitcoin (ABTC), the bitcoin miner co-founded by Eric Trump and Donald Trump Jr., reported a net profit of $126 million for the third quarter, reversing a $57.2 million loss in the prior quarter, with earnings driven mainly by about $197 million in digital asset gains. Revenue fell to $63.4 million from $67 million. As of Sept. 30 the company held about 8,427 BTC, including roughly 3,090 pledged to Bitmain, and mined about 891 BTC in the quarter at a cost of about $42,100 per coin. ABTC shares closed down 5.60% at $6.24 on Wednesday.