Flash News

TREE NEWS reports: Japan’s 40-year government bond yield climbed 7 basis points to 4.015%, extending the rise in long-dated Japanese yields. The move reflects continued pressure on the ultra-long end of the JGB curve, with the 40-year tenor pushing further above 4%. No further details were immediately available on the drivers behind the session’s move.

TREE NEWS reports: TPG is in negotiations to acquire Ark Data Centres from Elliott Management at a valuation of about $5 billion, the Financial Times reported. Ark Data Centres operates data centre facilities in the UK. No further terms of the potential transaction were disclosed.

TREE NEWS update: Reliance Jio Platforms shares jumped 21% on their first day of trading in Mumbai on Wednesday, making the company India’s second-most valuable with a valuation of about $131.5 billion. The listing follows billionaire Mukesh Ambani’s spin-off of the telecom and digital unit.

TREE NEWS reports: Some Chinese pension funds, insurers and mutual funds have increased their purchases of A-shares in recent days, as investment institutions broadly view the market as oversold. The buying activity was reported on the same day that institutional investors widely described current A-share levels as an overshoot.

TREE NEWS reports: Taiwan’s TAIEX weighted stock index rose 2.1% to 47,042.14 points. The gain reflects a broad advance in Taipei-listed equities.

TREE NEWS reports: Search volume for keywords including “autumn break,” “family” and “autumn foliage” rose 2.2 times month-on-month as of Oct. 28, Qunar’s big-data platform showed. Hotel bookings for November check-ins climbed 50% year-on-year and flight bookings rose 20%, with short-haul self-drive and study trips within provinces and longer cross-province foliage and warm-weather routes growing fastest. Families with school-age children drove the surge, with family-travel interest doubling month-on-month.

TREE NEWS update: Canadian Prime Minister Mark Carney and visiting Abu Dhabi Crown Prince Khaled signed a Comprehensive Economic Partnership Agreement on the 27th aimed at removing economic barriers and boosting investment. Once fully implemented, the deal will reduce or eliminate tariffs on more than 99% of Canadian goods currently exported to the UAE. It also addresses non-tariff barriers and is expected to take effect in 2027.

TREE NEWS reports: LG Electronics reported third-quarter operating profit of 781.9 billion won on sales of 23.82 trillion won. Net profit for the quarter came in at 663.2 billion won, beating an estimate of 551.04 billion won.

TREE NEWS reports: Fed Chair Kevin Warsh’s push for a ‘silence is a virtue’ communication style has failed to win over most colleagues, producing noisy and scattered signals from the committee, Nick Timiraos wrote on Oct. 27. Between the last policy meeting and this week’s blackout period, 16 Fed officials with at least a year in office delivered no fewer than 59 speeches, interviews and public remarks, roughly matching the 54 a year earlier. Market odds of an October rate hike fell from 70% to 15% in a month after two vice chairs signaled no rush to act.

TREE NEWS update: President Donald Trump said he will soon arrange meetings with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky. The announcement gave no date or venue for the talks, which would mark the first direct engagement between the two leaders since the war began.

TREE NEWS update: The Federal Reserve releases its FOMC rate decision at 02:00 Beijing time Thursday, with Chair Kevin Warsh holding a monetary policy press conference 30 minutes later. Earlier in the day, the Bank of Canada announces its rate decision at 21:45 Beijing time, US September goods trade balance and the UK chancellor’s first annual budget are due at 20:30, and Alphabet, Microsoft, KLA, ServiceNow and FedEx report after the US close.

TREE NEWS update: The Reserve Bank of New Zealand kept its official cash rate unchanged at 2.75% on a 4-3 vote, surprising markets and sending the New Zealand dollar and government bond yields sharply lower. In South Korea, SK Hynix reported third-quarter operating profit rose sevenfold year-on-year and unveiled a 100 trillion won shareholder return plan, lifting its shares 10% and helping drive a more than 6% gain in the Kospi. ChangXin Technology has been added to the Shanghai Composite Index as its largest weighted stock.

TREE NEWS update: US President Donald Trump said Washington is not taking sides in Brazil’s election and that he would support Jair Bolsonaro traveling to the United States. Trump made the remarks in comments on the Brazilian vote, without specifying terms for Bolsonaro’s entry. The statement marks a direct US presidential comment on the Brazilian election and on the legal situation of the former Brazilian president.

TREE NEWS update: German President Frank-Walter Steinmeier began his state visit to China in Anhui province on October 27, visiting Hefei Luogang Park to learn about sustainable urban development and touring Volkswagen’s local R&D center. At the center, he experienced the automaker’s China-developed smart electric vehicle, highlighting Sino-German cooperation outcomes during his October 27-31 visit.

TREE NEWS reports: The South Korean won fell 1.1% against the U.S. dollar on the day, marking its largest intraday decline in a month. The move reflects fresh pressure on the currency, though the material did not specify a trigger or trading level. The won’s slide comes as traders watch for further volatility in dollar-linked markets.

TREE NEWS update: Standard Chartered reported third-quarter pre-tax profit of $2.25 billion, topping the $2.09 billion estimate. Operating income for the quarter came in at $5.78 billion, also ahead of the $5.63 billion consensus forecast. The results were released as the bank’s latest quarterly earnings.

TREE NEWS reports: The Hang Seng Tech Index rose 2% during intraday trading, with MNIMAX gaining more than 8% and Lenovo Group climbing over 6%. The moves reflect strength in Hong Kong-listed technology shares.

TREE NEWS reports: India’s benchmark SENSEX index fell 1% on the day. The move marks a decline for the index, which tracks major companies on the Bombay Stock Exchange. No further details on the drivers of the drop were provided.

TREE NEWS reports: Kioxia shares rose 16% after SK Hynix reported better-than-expected quarterly earnings. The gain puts the memory-chip maker among the session’s strongest movers, with the Korean peer’s results cited as the trigger for the rally.

TREE NEWS update: Reserve Bank of New Zealand Chair Breman said the central bank is closely monitoring the exchange rate, adding that conditions are favorable for inflation to slow in 2027. Breman made the remarks in comments published on the central bank’s behalf. No further policy details were provided.