Flash News

TREE NEWS update: Chinese Vice Premier Ding Xuexiang and Russian Deputy Prime Minister Alexander Novak co-chaired the 23rd meeting of the China-Russia Energy Cooperation Committee in Vladivostok on April 4. The meeting focused on bilateral energy cooperation, underscoring the ongoing strategic partnership between the two nations in the energy sector.

TREE NEWS update: China’s Ministry of Education announced at a press conference that the country has 18.7 million teachers. The 42nd Teacher Day, themed “Promoting the Spirit of Educators, Building Respect for Teachers,” will be celebrated. The ministry expanded the National Excellent Teacher Program to attract more top universities, and the first cohort of 9,300 graduates from the Excellent Teacher Plan are now teaching in underdeveloped counties and western border regions.

TREE NEWS update: China will implement a “National Action for Teacher Development” and pilot National Excellent Teacher Academies, the Ministry of Education announced at a press conference. The plan includes an “AI + Teacher Development” initiative, integrating AI into teacher training via the national smart education platform, aiming to boost teacher professional growth and mark the 42nd Teacher’s Day celebrations.

TREE NEWS reports: The London Metal Exchange reported daily inventory changes: copper stocks fell 475 tonnes, zinc rose 1,675 tonnes, lead declined 4,850 tonnes, aluminum decreased 1,450 tonnes, tin increased 25 tonnes, and nickel was unchanged. These shifts reflect ongoing supply-demand adjustments in base metals.

TREE NEWS reports: Italy’s retail sales rose 0.8% year-on-year in July, down sharply from the previous month’s 3.1% growth. The figure indicates a notable slowdown in consumer spending. No further details were provided.

TREE NEWS update: Vice Premier Zhang Guoqing attended the opening ceremony of the 32nd APEC Small and Medium Enterprises Ministerial Meeting in Guangzhou on April 4, where he called for joint efforts to implement four global initiatives, foster innovation ecosystems, ensure fair markets, and strengthen regional cooperation to support SME growth across the Asia-Pacific.

TREE NEWS update: China’s National Energy Administration reported 4,276 newly registered renewable energy projects (excluding household solar) in July 2026. These included 38 wind projects, 4,236 solar projects (29 utility-scale, 4,207 commercial/industrial distributed), and 2 biomass projects.

TREE NEWS update: A Philippine court has issued an arrest warrant for Vice President Sara Duterte, confirmed by the justice department and her lawyers on September 4. The move follows a complaint filed against her, though details of the charges were not immediately disclosed. Duterte has yet to comment on the development.

TREE NEWS reports: The US August nonfarm payrolls report is due tonight, with consensus expecting 55,000 new jobs and unemployment at 4.1%. JPMorgan warns that strong data could boost bond yields and pressure stocks, as Fed Chair Warsh signaled tight policy. Goldman Sachs forecasts only 40,000 jobs, citing a cautious outlook. Markets are also eyeing next week’s CPI for Fed direction.

TREE NEWS update: Citadel’s head of economic research said the bond market reflects competition for funds and that the US may modestly tighten interest rates. The remarks suggest expectations of further policy normalization amid ongoing fiscal pressures.

TREE NEWS reports: Southbound Stock Connect funds have recorded net selling of HK$10 billion as of now. The outflow underscores investor caution in Hong Kong equities amid ongoing market volatility. The figure marks a significant daily shift in cross-border capital flows between mainland China and Hong Kong.

TREE NEWS update: The Dutch central bank announced on September 2 that it transferred about 86 tonnes of gold reserves from New York and Ottawa to London between March and August, via market transactions and physical shipments. The bank said the move aims to strengthen crisis response capabilities, citing London’s advantages as a global physical gold trading hub with high liquidity and low execution friction. It expressed confidence in remaining gold held in North America and has no further relocation plans.

TREE NEWS update: The People’s Bank of China held a party committee meeting, calling for steady deepening of financial reform and opening-up, and further improving financial management and service levels. The central bank emphasized implementing a moderately loose monetary policy, advancing the ‘five major articles’ of finance, and steadily resolving risks in key areas, in line with the 15th Five-Year Plan.

TREE NEWS reports: Data from travel app Umetrip shows domestic flight bookings for the Sep 25-Oct 7 travel period exceeded 3.83 million, up about 17% year-on-year. International flight bookings surpassed 1.77 million, up about 11%, ahead of the Mid-Autumn and National Day holidays.

TREE NEWS update: Xiaomi EV announced strategic cooperation with battery makers CALB and Sunwoda Power on the ‘Xiaomi Dragon Armor Battery’. The partnership aims to advance battery technology for its electric vehicles.

TREE NEWS update: Thailand has suspended 49 data center projects to develop new industry regulations, expected within a month. The government aims to establish unified, clear standards to ensure sustainable development of the sector.

TREE NEWS update: US retail diesel prices rose to an all-time high. The average price at the pump reached a new record level, surpassing previous peaks. The increase reflects ongoing supply constraints and strong demand, adding to concerns over inflation and transportation costs.

TREE NEWS update: Cuba’s government on May 3 introduced a batch of new policies to further reduce restrictions on foreign investment, foreign trade and tourism, expanding operating space for foreign-funded, joint-venture and private enterprises. The measures aim to boost economic openness.

TREE NEWS update: After nearly eight years of flight, the BepiColombo spacecraft detached from its propulsion module on the 3rd, heading toward Mercury orbit, with arrival expected in November. The European Space Agency received confirmation at 21:53 Beijing time, ending a tense two-hour wait at the control center in Darmstadt, Germany, where cheers erupted.

TREE NEWS update: China will develop friendly relations with all countries, including Nicaragua, on the basis of mutual respect and win-win cooperation, Foreign Ministry spokesman Guo Jiakun said at a regular press briefing on Wednesday. He reiterated China’s adherence to non-interference in internal affairs and respect for each country’s right to choose its own development path.