Flash News

TREE NEWS reports: PetroChina shares climbed nearly 4%, reaching their highest level since 2008. The move extends a strong run for the Chinese state oil major, with the stock now trading at levels not seen in more than a decade and a half.

TREE NEWS reports: Japan’s leading economic index for August was confirmed at 118 in the final reading, matching the preliminary figure of 118. The final number was unchanged from the initial estimate, indicating no revision to the gauge of future economic activity. The coincident index and other details were not disclosed in the material.

TREE NEWS reports: Former Japanese Prime Minister Yasuo Fukuda has died, Japanese media reported on Monday. Fukuda served as prime minister from 2007 to 2008. No further details were immediately available.

TREE NEWS update: A team at the Yunnan Observatories of the Chinese Academy of Sciences, working with domestic and international collaborators, has confirmed the fastest-spinning near-Earth asteroid known to date, the institute said. The results, published in the Astronomical Journal, mark a breakthrough in observing and characterizing ultra-fast-rotating near-Earth asteroids. The work is also described as improving early-warning capability for such objects.

TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva won a record fourth term in an upset second-round election victory, prompting Jair Bolsonaro to refuse to concede and seek a court ruling to annul the vote. The result upends the so-called “Bolsonaro trade,” with Brazilian markets facing a sharp selloff. Separately, China’s 20th Central Committee opened its fifth plenary session in Beijing on the morning of the 26th.

TREE NEWS reports: Profit at commodity markets directly monitored by China’s Ministry of Commerce rose 5.8% year on year in the first nine months of 2026, with the industrial consumer goods segment up 8.5%, the ministry’s circulation development department said. Retail sales at convenience stores and supermarkets above the designated size grew 5.2% and 4.1% respectively, while warehouse membership stores and unattended stores both expanded more than 25%.

TREE NEWS update: Bulgaria’s presidential election will go to a second round after exit polls showed incumbent President Yotova leading with more than 35% of the valid vote but falling short of a majority, state television reported on Oct. 25. Former caretaker Prime Minister Andrey Gurov placed second with about 32%. Turnout was approximately 22%.

TREE NEWS update: The Fifth Plenary Session of the 20th Central Committee of the Communist Party of China began in Beijing on the morning of the 26th. General Secretary Xi Jinping delivered a work report to the plenum on behalf of the Political Bureau and explained a draft decision on persisting in advancing full and rigorous Party self-governance. The session’s agenda centers on that draft resolution.

TREE NEWS reports: Senior officials from Saudi Arabia, Turkey and Pakistan, the three signatories of the Mecca Joint Defense Agreement, will meet Iranian officials in Tehran later on the 26th to discuss regional coordination. Saudi Defense Minister Khalid bin Salman and Pakistani Army Chief Syed Asim Munir will attend, while Turkey will send its intelligence chief. The meeting follows a report citing two sources.

TREE NEWS update: The Saudi-led coalition said it carried out operations against Houthi threats, striking four missile launchers and destroying five missile storage tunnels. The coalition announced the strikes without specifying a location or date. The action targets Houthi military infrastructure tied to missile capabilities.

TREE NEWS reports: China’s ChiNext Index fell 1.65% at the midday close on Oct. 26, while the Shanghai Composite slipped 0.18% and the Shenzhen Component dropped 1.05%. Consumer sectors led gains, with liquor, food and retail names such as Huangtai Liquor and Liangpin Shop hitting limit-up, while computing hardware, semiconductor chips and precious metals lagged. About 2,843 stocks declined against 2,203 advancers, with morning turnover at 1.02 trillion yuan.

TREE NEWS update: Chongqing issued a 10-year general local government bond worth 2.519 billion yuan at a yield of 1.6500%, with a marginal bid-to-cover ratio of 2.18 times against an expected 1.66. The municipality also issued a 20-year special local government bond of 5.310 billion yuan at 2.1300%, with a marginal ratio of 1.75 times versus an expected 2.13.

TREE NEWS reports: Chinese property shares rose against the broader market trend, with Daming City hitting its daily limit-up and China Merchants Shekou approaching limit-up. Poly Developments gained more than 5%, while Seazen Holdings, Shenzhen Property A and China Vanke also advanced.

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) rose 3.00 basis points to 1.3010% on the latest fixing. The seven-day SHIBOR gained 3.70 basis points to 1.3630%, while the three-month SHIBOR slipped 0.13 basis point to 1.4065%.

TREE NEWS reports: The MMLC battery-grade lithium carbonate midpoint price rose 200 yuan to 98,850 yuan per ton in early trading, compared with the previous day’s 16:30 level. The move reflects the latest daily pricing for a key battery material.

TREE NEWS reports: Japan’s Nikkei 225 fell 0.8% by the morning session close, while the broader Topix index rose 0.3%. The split session left the two benchmarks diverging at the midday break.

TREE NEWS reports: The ChiNext Index fell more than 3% on the day, while the Shanghai Composite slipped 0.58% and the Shenzhen Component dropped 1.89%. Losses were led by computing hardware, semiconductor chips, precious metals and AI-generated drama-related sectors. More than 3,600 stocks declined across the Shanghai, Shenzhen and Beijing markets.

TREE NEWS reports: Guangzhou’s gross domestic product for the first three quarters reached 2.4851 trillion yuan, up 5.7% year on year at constant prices. The primary sector grew 2.4%, the secondary sector 5.1% and the tertiary sector 5.9%.

TREE NEWS reports: Traders are preparing for a sharp drop in Brazilian markets on Monday after Luiz Inácio Lula da Silva’s surprise election victory. ETFs tracking Brazilian stocks fell as much as 16% in Japan, their biggest one-day decline since 2020, while CME currency derivatives put the real at 5.55 per dollar, more than 10% weaker than Friday’s close. Traders expect intense selling at Monday’s open that could trigger circuit breakers.

TREE NEWS update: Flávio Bolsonaro, the Liberal Party candidate and son of former President Jair Bolsonaro, refused to concede defeat in the second round of Brazil’s presidential election. He said he will seek to have the election annulled. The announcement came after the runoff vote, with no further details provided on the legal grounds for the challenge.