TREE NEWS reports: The SEC filed 348 enforcement actions in fiscal 2026, down 24% from 456 a year earlier. The docket included alleged Bitcoin mining fraud and an audit settlement tied to FTX. The figures put crypto-related cases among the year’s enforcement priorities.
TREE NEWS reports: European stocks rose toward a record high, with the pan-European Stoxx 600 up 2% since last Wednesday’s US midterm elections while the S&P 500 fell 0.6%. AI compute provider CoreWeave Inc. gave an optimistic business outlook and anticipation built around a potential Anthropic PBC listing, lifting technology shares. Siemens Energy gained 6.5% after saying margins could reach as high as 22% by 2030 on surging gas turbine and grid equipment demand.
TREE NEWS reports: A single address flipped its Bitcoin position from a 340.45 BTC long to a 137.02 BTC short and remains short, with a cumulative realized loss of about $38.79 million. The address closed roughly $9.94 million at an average price of about $73,961.66 and opened about $1.34 million at an average of about $74,036.59. The position is held at address 0x1f250df59a777d61cb8bd043c12970f3afe4f925.
TREE NEWS update: China’s tax authority said the transition period for taxing offshore trust income has ended smoothly, with cumulative individual income tax declarations exceeding 160 billion yuan, of which more than 120 billion yuan was collected in October alone. That lifted national individual income tax revenue by nearly 90% for the month. A July 24, 2026 notice from the finance ministry and tax administration gave taxpayers 90 days to declare and pay without late fees.
TREE NEWS reports: SpaceX is developing a custom version of Nvidia’s Vera Rubin NVL72 rack, codenamed Kessel, that replaces internal NVLink cable assemblies with a passive PCB midplane, semiconductor research firm SemiAnalysis said. The design retains 72 GPU packages, 18 compute trays and 9 switch trays, with components mounted back-to-back on either side of the midplane, and is planned for both terrestrial and space applications.
TREE NEWS update: European Council President António Costa told German Chancellor Friedrich Merz on 10 December that EU leaders will discuss the 2027 funding arrangement for Ukraine at a special European Council summit later this month. Merz has linked the EU’s new seven-year budget to Ukraine aid, suggesting that joint support from member states “without exception” is a necessary precondition for the new budget.
TREE NEWS update: European Central Bank Governing Council member and Bundesbank President Joachim Nagel said Germany’s economy is recovering but still requires reform. Nagel, speaking in his capacity as head of the German central bank, framed the recovery as underway while stressing that structural changes remain necessary. He gave no further details on policy or timing.
TREE NEWS update: China’s Ministry of Human Resources and Social Security and Ministry of Industry and Information Technology, along with five other departments, issued 29 measures to strengthen the engineering workforce. The plan supports 10 continuing-education formats, including online and offline training and academic exchanges, and encourages employers and social organizations to explore “AI+” continuing-education models to improve engineers’ problem-solving, innovation, practical skills and professional conduct.
TREE NEWS reports: Qunar data shows the first concentrated autumn-holiday travel peak of November will hit this weekend (Nov 14–15), with hotel bookings up more than 50% week-on-week. Family bookings in autumn-holiday regions rose 70% year-on-year, and flight bookings for children aged 12 and under climbed 75%, reflecting a concentrated release of family travel demand.
TREE NEWS update: India’s government on Tuesday banned, with immediate effect, the export of unclassified waste and scrap of primary cells, batteries and accumulators that do not contain lead, cadmium or mercury. The prohibition covers only unclassified battery waste and scrap free of those three metals.
TREE NEWS update: Hong Kong’s Financial Services Development Council on Nov. 11 published a research report titled “Strengthening Hong Kong’s Position as an International Asset and Wealth Management Hub: Attracting Patient Capital.” The report proposes policy recommendations to attract, channel and cultivate long-term “patient capital” from international institutions and mainland and Hong Kong capital pools, and recommends studying the inclusion of mainland pension funds in Bond Connect’s Southbound Trading. The aim is to consolidate Hong Kong’s status as Asia’s leading international asset and wealth management hub.
TREE NEWS reports: The Hang Seng Index closed 0.98% lower on the session, with the Hang Seng Tech Index falling 1.41%. BYD shares dropped about 4%, Meituan about 4%, NetEase about 3% and Li Auto about 3%, while Cambridge Technology rose about 23%, Zhongji Innolight about 14% and Yangtze Optical Fibre and Cable about 13%.
TREE NEWS reports: Nvidia fell 5.47% on Nov. 10, the biggest drag on US indexes, as October core CPI rose 0.3% month-on-month against a 0.2% forecast and the 10-year Treasury yield reached 4.983%. The S&P 500 and Nasdaq closed lower, with the Nasdaq down 9.18% from its Oct. 6 high. Bitcoin traded at $73,819.91, below Strategy’s $75,456 average purchase price, while MSTR fell 3.60% and its market cap-to-holdings ratio dropped to 0.82x.
TREE NEWS reports: Europe’s main stock indices opened higher on the session, with the Euro Stoxx 50 up 1%, Germany’s DAX up 0.9%, the UK’s FTSE 100 up 0.8% and France’s CAC 40 up 0.7%. The gains mark a broadly positive start to trading across the region’s major benchmarks.
TREE NEWS reports: Citigroup expects Chinese companies’ overseas fundraising boom to continue through 2027 and to broaden beyond AI hardware into sectors including biotech and advanced manufacturing. The bank attributed the extension of the trend to rising activity in those areas.
TREE NEWS update: People’s Bank of China Deputy Governor Xuan Changneng attended the Bank for International Settlements’ regular governors’ meeting in Basel, Switzerland, on Nov. 8-9, 2026. Central bank governors exchanged views on the global economic and financial situation, foreign exchange market operations, central bank balance sheets and artificial intelligence. On the sidelines, Xuan met with several counterparts to discuss issues of mutual interest and bilateral financial cooperation.
TREE NEWS update: BLG will face GEN in the League of Legends S16 World Championship final at 3 a.m. on Nov. 15 at New York’s Barclays Center, after beating T1 3-1 on Nov. 9 to end T1’s unbeaten BO5 record against LPL teams and its bid for a fourth straight title. Prediction market predict.fun puts GEN’s win probability at 62% and BLG’s at 38%.
TREE NEWS update: Russia, the United States and Ukraine began a second day of trilateral talks in Abu Dhabi on Dec. 11, the official Xinhua News Agency reported. The three sides opened the latest round in the United Arab Emirates capital a day earlier. No further details on the agenda or outcome were disclosed.
TREE NEWS update: MSCI is due to announce after 6 a.m. Beijing time on Nov 12 whether it will remove Strategy, holder of 850,364 bitcoin, from its global investable market indexes under new rules targeting non-operating companies. A confirmed removal would force passive funds tracking the indexes to rebalance by the Nov 30 close, generating $1.57 billion to $2.8 billion in mechanical MSTR selling. MSTR closed at $121.07 on Nov 11, down 3.60%.
TREE NEWS update: The Chinese Institute of Certified Public Accountants will push companies to improve tender and selection evaluation systems for accounting firms, forming quality-oriented hiring mechanisms, said party secretary and secretary-general Jiang Yong at a Ministry of Finance press conference on Nov. 11. The association said it will resolutely address “involution-style” competition in the industry during the 15th Five-Year Plan period.