Flash News

TREE NEWS reports: Global fund managers including T. Rowe Price, Allianz Global Investors and BNP Paribas Asset Management are selectively adding longer-dated Japanese government bonds to their portfolios, citing signs of recovery in domestic demand and a more supportive policy environment. The shift comes as long-term JGBs recover, with 30-year yields falling and the spread between 2-year and 30-year yields narrowing, signaling improved investor confidence in the market.

TREE NEWS reports: Hong Kong IPO proceeds reached HK$401.39 billion as of Oct. 28, up 83.59% year on year and the highest since 2011. Dongshan Precision’s H-share listing on Oct. 28, which raised HK$9.876 billion, was the 118th Hong Kong listing this year. The total is about HK$13 billion short of the 2010 full-year record of HK$414.4 billion.

TREE NEWS update: A magnitude 5.7 earthquake struck 276 kilometers west-southwest of Tual, Indonesia. The offshore quake’s epicenter was located at that distance from the eastern Indonesian city. No further details on depth, casualties or damage were immediately available.

TREE NEWS reports: Honda and Nissan are in talks over cooperation on electric vehicle batteries, the two automakers said. The discussions center on battery supply and joint development for EVs, though no agreement has been finalized. The talks come as Japanese automakers seek to cut costs and secure battery capacity amid rising competition in the global EV market.

TREE NEWS update: US President Donald Trump said he did not authorize Vice President JD Vance to send a letter to Iran. Trump also said he gave a “pass” for exiled Brazilian politician Jair Bolsonaro to travel to the United States. No further details were provided.

TREE NEWS reports: Nasdaq futures fell 0.85% in early Asia-Pacific trading on Thursday, while S&P 500 futures slipped 0.2% and small-cap futures rose 0.3%. In US after-hours trading, Alphabet Class A shares plunged 10.7%, Nebius fell 4.8%, SK Hynix ADRs and Oracle each dropped 2.9%, and Western Digital lost 2.4%. Apple gained 0.2% and Meta rose 0.9%, while Microsoft’s gain narrowed to 3.9%.

TREE NEWS reports: Bitcoin gained 0.33% on Coinbase and Deribit’s bitcoin implied volatility index ended the afternoon where it started, even as December rate-hike odds rose after Kevin Warsh’s Fed held rates at 3.75% to 4%. The muted volatility reaction suggests traders are not yet repositioning for a tighter policy path.

TREE NEWS reports: The US 10-year Treasury yield rose 2.08 basis points to 5.0175% at the New York close on Wednesday, October 28, trading between 4.9885% and 5.0466% during the session and hitting a session high after the Fed’s rate decision and Chair Warsh’s press conference. The 2-year yield fell 3.95 basis points to 4.6975%, swinging in a V-shape around the decision before diving to a session low after the press conference.

TREE NEWS reports: Spot gold rose 0.17% to $4,066.85 an ounce in late New York trade on Wednesday, Oct. 28, after trading between $4,025.21 and $4,082.58 during the session. The metal hit its session high at the U.S. stock market close, following the Federal Reserve’s decision to keep rates unchanged and Chair Warsh’s press conference. Spot silver fell 0.81% to $53.857 an ounce, while COMEX copper futures gained 0.45% to $6.6825 a pound.

TREE NEWS update: The Fed left rates unchanged on Wednesday, Oct. 28, with Chair Warsh holding a press conference; the US rate-cut winners index rose 0.08% to 90.20 points. US stocks staged a W-shaped reversal by the close.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said the central bank’s new economic model allows inflation to decline on a component-by-component basis. Macklem described core CPI expectations as “a kind of shortcut.” The remarks addressed how the model treats inflation’s various parts.

TREE NEWS reports: The ICE US Dollar Index fell 0.19% to 102.124 in late New York trading on Wednesday, October 28, after trading between 102.491 and 102.046 during the session. The index rebounded toward its daily high as the Federal Reserve announced it was holding rates steady, then dropped sharply during Fed Chair Warsh’s opening remarks at his press conference, hitting a session low at 02:50. The Bloomberg Dollar Index fell 0.10% to 1224.08.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said he will examine his personal career future, without giving a timeline or further details. The remark leaves open the question of whether he will seek another term at the head of the central bank. Macklem did not say when a decision would be made.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said inflation expectations are being shaped by the pass-through of fuel costs, indicating the central bank is watching how energy prices feed into broader pricing behavior. The remark points to fuel-cost transmission as a factor in the inflation outlook.

TREE NEWS update: Bank of Canada Governor Tiff Macklem said U.S. fiscal policy is not sustainable, calling deficit-financed spending a “matter of political will.” The remarks flag concerns about the trajectory of U.S. government borrowing, though Macklem did not specify any policy recommendation or timeline.

TREE NEWS update: US President Donald Trump said he did not instruct Vice President JD Vance to reach out to Iran to try to restart negotiations. Asked whether he had directed Vance to make contact, Trump replied “No,” adding that Vance had asked his opinion on the matter and he had told him it was fine if he wanted to do it. Trump also said Iran needs help with medical supplies and other goods.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 1.25% to 2,950.55 points on Wednesday, October 28, holding in a narrow high range through the Asia-Pacific morning session since 09:30 Beijing time. Among components, Ola Electric Mobility Ltd. gained 5.34%, Porsche P911 added 4.15%, Ballard Power Systems rose 3.65%, Hesai ADR climbed 3.6% and WeRide ADR advanced 3.43%.

TREE NEWS reports: FTSE China A50 index futures closed down 0.06% at 12,984 points in continuous overnight trading. The modest decline marks a subdued overnight session for the benchmark tracking China’s largest A-share companies.

TREE NEWS reports: At the New York close on Wednesday, October 28, S&P 500 futures finished up 0.04% and Dow futures gained 0.42%, while Nasdaq 100 futures slipped 0.19%. Russell 2000 futures rose 0.73%, outpacing the major indices.

TREE NEWS reports: Alphabet’s future commitments, leases and purchase obligations have surpassed $1 trillion, the Google parent company disclosed. The figure covers contractual obligations the company has committed to in the future, spanning lease agreements and procurement. No breakdown of the total was provided.