Ganfeng Lithium Group Co. said lithium price swings have become more extreme and prices harder to predict after a roller-coaster ride this year, Bloomberg reported.

South Korea's government briefed global investors on its roadmap for introducing T+1 stock settlement, with participants raising concerns about additional operational burdens. According to Sina Finance, South Korea's Finance Ministry said Wednesday that Vice Minister for International Economic Affairs Moon Ji-sung had held an online meeting with global investors the previous day, including BlackRock, Vanguard, Amundi, the Asia Securities Industry & Financial Markets Association (ASIFMA) and the Global Foreign Exchange Division (GFXD). South Korea plans to replace its current T+2 settlement system, under which stock trades settle within two business days, with T+1 settlement, in which trades settle within one business day. The government said it would give market participants ample time to update their systems and operating processes, and plans to conduct at least six months of testing before the transition. Investors said a shorter settlement cycle could increase workloads and create operational difficulties. The Finance Ministry said participants also called for continued discussions to address potential implementation issues.

According to Jin10, Australia's S&P/ASX 200 closed up 14.70 points, or 0.16%, at 9,143.70 on Wednesday, November 11.

According to CNBC, Treasury Secretary Scott Bessent said the U.S. and China should recognize their differences as they cooperate to manage artificial intelligence risks while competing in the field. In prepared remarks to the National Committee on U.S.-China Relations in New York Tuesday, he said the governments had established a dialogue mechanism on “super intelligence” to address shared risks and prevent misunderstandings. The sides will exchange best practices for testing advanced models before release and alert each other to serious incidents, Bessent said. He made no commitment to limit the technology’s development.

Trust Wallet said its iOS users are not affected by the worse_query vulnerability. According to Odaily, the company said it does not store users’ recovery phrases or private keys in plaintext. Trust Wallet added that each wallet is encrypted on the user’s device and protected by built-in security mechanisms.

IIFL Finance Founder and Managing Director Nirmal Jain believes the lender can sustain 25% to 30% lending growth for three to four years, according to Bloomberg. The company offers gold, home and business loans, financing against property and loans to small and medium-sized enterprises. Jain spoke with Haslinda Amin on “Insight with Haslinda Amin.”

Coinbase will suspend trading of meme coins Floki, Turbo, and Gigachad for New York users starting April 14, 2025, following a routine asset review. The reasons for the suspension remain unclear, but speculation points to regulatory challenges in New York.