Flash News

TREE NEWS reports: Barclays now expects the Federal Reserve’s next interest-rate cut to arrive in 2028 rather than mid-2027, pushing back its projected easing timeline by roughly six months. The bank’s revised call implies a longer hold on US rates than it previously forecast.

TREE NEWS update: Senator Josh Hawley is calling for a nationwide pause on AI data center construction until households are protected from rising electricity bills, even as Congress advances legislation designed to accelerate the buildout of America’s AI infrastructure. The push for a moratorium puts the senator at odds with congressional efforts to speed up the expansion of data centers.

TREE NEWS update: Experts at the 13th China (Ningbo) Battery New Energy Industry International Summit (ABEC 2026) said surging computing demand is forcing upgrades to power infrastructure and opening fresh room for energy storage, with AI data center BBU cells entering a certification window. They expect large-scale commercialization of all-solid-state batteries to arrive by 2035. The summit was held in Ningbo.

TREE NEWS update: The People’s Bank of China will raise the reserve requirement ratio on foreign-currency deposits by 2 percentage points on Sunday. The move is among the scheduled events for the week, alongside US October PPI data due at 21:30 Beijing time and a revised third-quarter euro-area GDP reading at 18:00. New York Fed President John Williams is also scheduled to take part in a discussion at 07:30 Beijing time.

TREE NEWS reports: Several QDII products tracking US equities have fallen more than 20% over the past month as US tech stocks sold off, yet money is flowing in against the trend, with popular Nasdaq-tracking products remaining in demand and on-exchange cross-border ETFs holding elevated premiums. Quota constraints have led a number of QDII products to tighten subscriptions. Industry participants say markets are reassessing the sustainability of AI capital spending and sector momentum after the US midterm elections.

TREE NEWS update: US Treasury Secretary Scott Bessent said prices are on a good track, adding that the growth curve of US debt can be pressed down through economic growth and spending control. The remarks, reported on Wednesday, offer no specific figures or policy details. They come as markets watch inflation data and fiscal policy signals from Washington.

TREE NEWS update: The Shanghai Stock Exchange opened its 2026 International Investor Conference in Shanghai on Nov. 12, drawing nearly 400 institutional representatives from five continents. The event is themed “Connectivity and Mutual Benefit: Global Investors on the Safety, Resilience and Innovation Value of Chinese Assets,” with sessions on China’s economic development and tech innovation, the allocation value of Chinese assets, and capital market reforms. Attendees signaled long-term confidence in China’s capital market.

TREE NEWS update: A-share listed companies have paid out 2.1 trillion yuan in dividends and buybacks so far this year, 2.7 times the combined IPO and refinancing volume over the same period, an authoritative department disclosed on October 19. Industry figures said the figures show the capital market is shifting toward a balanced investment-and-financing cycle, with the investor return mechanism set to improve as payout and buyback efforts intensify.

TREE NEWS update: The U.S. Department of Justice has disrupted a North Korean scheme that used the FaceStealer tool to impersonate trusted contacts via recorded calls and deepfakes, officials said. More than $400 million in losses over 18 months are attributed to the operation, which targeted cryptocurrency theft. The DOJ action follows the identification of FaceStealer as a key tool in the campaign.

TREE NEWS reports: Gemini reported third-quarter revenue of $41 million, with trading volume down 73%, sending shares up more than 6% after hours even as the stock remains roughly 75% lower since the start of the year. The revenue figure and volume decline mark a sharp contraction for the crypto exchange in the quarter.

TREE NEWS update: Jensen Huang will forfeit about $108 million in unvested equity compensation following his removal as Nvidia CEO, equal to roughly 0.08% of his $138.4 billion net worth. Nvidia policy cancels unvested restricted stock units once an executive’s continuous service ends. Huang holds about 346,000 such units and would have received roughly 310,000 shares through the company’s equity incentive plan if performance targets were met.

TREE NEWS update: Afghanistan and Russia signed an economic cooperation memorandum worth $103 million in Kabul on December 12, the Afghan government said in a social media post. The two sides will jointly promote imports and exports across various goods and further expand bilateral trade. Russian Deputy Prime Minister Alexei Overchuk and Afghan Deputy Prime Minister Abdul Ghani Baradar attended the signing ceremony.

TREE NEWS update: Cerebras Systems’ chief executive said delivery of OpenAI’s first batch of compute capacity has fallen behind schedule due to a delay in a data center capacity contract. The CEO disclosed the slippage without specifying a new delivery timeline or the size of the capacity involved. Cerebras had been slated to supply OpenAI with compute under the arrangement.

TREE NEWS reports: US equity index futures ended lower in late New York trading on Thursday, November 12. S&P 500 futures fell 0.25%, Dow futures slipped 0.29% and Nasdaq 100 futures lost 0.25%. Russell 2000 futures dropped 1.53%, underperforming the major benchmarks.

TREE NEWS reports: ING expects the Japanese yen to be the best risk-reward trade in the foreign exchange market in 2027, the bank said in a forecast. The call points to a favorable setup for yen positioning over the medium term. No further details or price targets were provided.

TREE NEWS update: North Korea stole $400 million in cryptocurrency using a scheme the FBI calls “FaceStealer,” which deploys prerecorded footage and AI deepfakes of trusted contacts to trick crypto workers into installing malware during video calls, the DOJ said. The department is also moving to seize $1.2 billion tied to the Binance hack.

TREE NEWS update: UK Prime Minister Burnham said former Prime Minister Cameron’s argument that Britain’s economic problems are unrelated to Brexit is wrong. The remark directly rejects Cameron’s position on the causes of the UK’s economic difficulties, framing Brexit as tied to the country’s economic troubles.

TREE NEWS update: Prediction market operator Kalshi has ended Donald Trump Jr.’s advisory role following 1789 Capital’s investment in rival Polymarket. The company said the decision was mutual and denied that political considerations played a part. Trump Jr. is affiliated with 1789 Capital, which backed Polymarket.

TREE NEWS reports: MSCI’s emerging markets stock index fell 1.3% as President Donald Trump’s rhetoric on Iran weighed on developing-nation assets, while the index of developing-country currencies slipped 0.1%. The moves mark a risk-off session for emerging markets as geopolitical tension over Iran fed into cross-asset selling.