Flash News

TREE NEWS update: The Indonesia Stock Exchange said it will soon communicate with MSCI and respond seriously to the index provider’s warning, promising stronger evidence of its reforms. It said listed companies’ fundamentals remain sound and urged investors to stay rational when investing.

TREE NEWS update: Federal Reserve Chair Warsh said the Fed’s task force is charged with creating new intellectual capital to assist the Federal Open Market Committee. He said the US is boosting investment in new technologies through the private sector and that the Fed will not try to judge who is right or wrong. Warsh also said the Fed needs to consider financial stability risks and ask whether negative tail risks exist that policymakers can act on.

TREE NEWS update: Federal Reserve Chair Warsh said the Fed’s policy clearly spills over to the rest of the world, while other countries’ policies in turn affect the United States. He said the Fed has made clear its commitment to price stability and that he does not favor pre-judging interest-rate meetings.

TREE NEWS update: Federal Reserve Chair Warsh said the central bank will hold several more policy meetings this year, with the October and December gatherings serving as the pivotal moments for reaching clear conclusions. He said policy judgments will be made at the October and December meetings. Warsh did not indicate the direction of those decisions.

TREE NEWS update: US Treasury official Brown said Japan no longer faces a deflationary environment and that the yen’s exchange rate level and monetary policy must change accordingly. The US and Japan maintain close communication and cooperate at all levels to support stable, well-functioning markets, he said. Sharp, disorderly exchange-rate moves could trigger broader knock-on effects and large swings across the market.

TREE NEWS update: European Central Bank Governing Council member and Bundesbank President Joachim Nagel said another interest rate hike cannot be ruled out. Nagel also said Germany is actively meeting future challenges and that reforming the country’s “fitness plan” remains essential. He did not specify a timeframe or the conditions that would trigger further tightening.

TREE NEWS update: Bank of England Governor Andrew Bailey said he is more confident than a month ago that greater international coordination and consensus can be achieved on AI testing. Speaking on the topic, Bailey pointed to improved prospects for cross-border cooperation on how AI systems are evaluated, without giving further details on which jurisdictions or frameworks are involved.

TREE NEWS update: Bi Baowen, former vice governor of Heilongjiang province and former head of the provincial public security department, has been indicted on charges of bribery and influence-peddling bribery, the Supreme People’s Procuratorate said. The Shenyang Municipal People’s Procuratorate filed the public prosecution with the Shenyang Intermediate People’s Court, following an investigation by the National Supervisory Commission.

TREE NEWS update: Prosecutors said three of the five remaining defendants in the case against former NBA guard Malik Beasley over alleged stat manipulation for betting intend to plead guilty, while two others have not accepted plea deals. Co-defendant William Brown has pleaded guilty to one count of wire fraud conspiracy. Beasley’s lawyer said he does not intend to plead guilty, and trial is tentatively set for May 17, 2027.

TREE NEWS update: South Korea’s finance ministry said it will strengthen monitoring of market risk factors, calling stock market fundamentals still solid. It pledged to deal seriously with any acts that disrupt the market and to closely track how stock market volatility affects the bond, foreign exchange and short-term funding markets.

TREE NEWS update: MSCI has adopted index exclusion rules that could remove Strategy, Metaplanet and Upexi from its indexes, the three having previously been identified for deletion under the methodology. The index provider is set to announce its final list on Nov. 11.

TREE NEWS update: A judge rejected Gemini’s bid to lift restrictions tied to its settlement with the CFTC. The exchange has already paid the $5 million penalty, but a permanent injunction and restrictions on publicly denying the case’s findings remain in place.

TREE NEWS update: MSCI has adopted index rules that place Strategy and Metaplanet at risk of removal from its indexes, with a May simulation having flagged both companies for deletion and SharpLink for a watchlist. The index provider will publish its final list on Nov. 11.

TREE NEWS update: Australia has released a draft bill to adopt the OECD’s Crypto-Asset Reporting Framework (CARF), joining 77 jurisdictions committed to the standard. The first international exchanges of crypto tax data under the framework are expected in 2028. The draft legislation would bring crypto assets into line with global automatic tax information-sharing rules.

TREE NEWS reports: A scammer reportedly lost $4.8 million of stolen money after storing the funds on tampered Ledger devices. Separately, Bitcoin and Ether ETFs began trading in Thailand, while South Korea blocked 27 crypto exchanges.

TREE NEWS update: MSCI has finalized index rules targeting non-operating companies, putting Strategy, Metaplanet and SharpLink at risk of exclusion from its indexes. The final list of affected firms is due Nov. 11. The rules cover companies whose main business is holding crypto assets rather than operating businesses.

TREE NEWS update: Cleveland Fed President Beth Hammack said the Federal Reserve may need to raise interest rates more aggressively if the public’s inflation expectations deteriorate significantly. Speaking at a Goldman Sachs event in New York, Hammack said that if inflation psychology takes hold and markets expect price pressures to become more persistent, monetary policy may require larger action than would otherwise be needed.

TREE NEWS update: MSCI will exclude “non-operating” companies from eligibility for its Global Investable Market Indexes, with the change taking effect at the November 2026 index review and applying after the close on Nov. 30. Eligibility will be determined by one core screen and five non-industry-specific financial ratio screens, with a security disqualified if it trips four or more of the five ratios. Buffer arrangements apply to entry and exit thresholds and timing to limit index turnover, and MSCI will cancel the temporary measures related to digital-asset holdings it announced on Oct. 10.

TREE NEWS update: Russia’s central bank has confirmed it will ban peer-to-peer crypto trading, giving Russians until July 1, 2027 to buy and sell crypto directly with each other. After that date, every trade must run through a broker or exchange approved by the Bank of Russia. The confirmation sets a firm deadline for ending direct person-to-person bitcoin transactions in the country.