Flash News

TREE NEWS update: Yemen’s Houthi movement said on the 25th it attacked Riyadh International Airport hours after the facility reopened, along with an air base and a naval base inside Saudi Arabia. The group claimed responsibility for the strikes on the airport and the two military sites. No further details on damage or casualties were given in the statement.

TREE NEWS reports: China now accounts for 11.9% of the FTSE World Government Bond Index (WGBI), making it the second-largest government bond market in the index after the United States. The Chinese government bonds covered by the WGBI have a market value of about $4.2 trillion. When Chinese bonds completed their inclusion in October 2024, the total market value of Chinese government bonds stood at 21.2 trillion yuan (about $3.03 trillion).

TREE NEWS update: Germany’s October Ifo business climate index is scheduled for release at 17:00 Beijing time, followed by the UK’s October CBI retail sales balance at 19:00 and the US October Dallas Fed business activity index at 22:30. All times are Beijing time.

TREE NEWS reports: Beijing, Shaanxi and Yunnan have moved into the fourth quarter with intensive deployments to advance major construction projects, making them a key lever for expanding investment and stabilizing growth as the year-end economic targets enter a critical stretch. The push comes as local governments race to meet full-year growth goals in the final quarter.

TREE NEWS update: Japan plans to support the banking sector in providing financing for growth-oriented investments. The measure is intended to channel bank lending toward growth investments, though the material does not specify the size, timing or mechanism of the support. No further details were disclosed.

TREE NEWS reports: US equity futures opened higher in early Asian trading on Monday, with S&P 500 futures gaining 0.4% and Nasdaq 100 futures up 0.6%. The move reflects early positioning in US stock index futures at the start of the trading week.

TREE NEWS reports: European natural gas prices rose to their highest level since 2022 in early Asian trading on Monday. The move extends a rally in the region’s benchmark gas contracts, with the market opening the week at its strongest point in more than three years.

TREE NEWS update: Former Serbian president Aleksandar Vucic conceded on the 25th that the “Aleksandar Vucic – United Serbia” coalition led by the Serbian Progressive Party (SNS) lost the parliamentary election held that day. The admission marks a defeat for the bloc that has dominated Serbian politics.

TREE NEWS update: US President Donald Trump said the conflict with Iran will end ‘in some way’ soon, adding that a $5,000 dividend will be distributed shortly after the midterm elections. No timeline or further details were provided. The remarks tie a promised payout to the post-election period while signaling an imminent conclusion to the Iran conflict.

TREE NEWS update: Brazil’s Federal Supreme Court ruled on October 25 to extend voting in the country’s presidential runoff election by two hours, moving the close from 5 p.m. Brasília time (4 a.m. Beijing time Oct. 26) to 7 p.m. (6 a.m. Beijing time Oct. 26). The court cited disruptions to public transport in several locations and heavy rain affecting voters.

TREE NEWS update: SpaceX has completed a $40 billion debt financing to purchase GPUs, Elon Musk said. The company secured the funding to acquire graphics processing units, the hardware central to AI computing. No further terms of the financing were disclosed.

TREE NEWS update: US President Donald Trump said he is not concerned that Iran could rebuild its uranium enrichment capability within months. Trump also claimed he enjoys 99% support in Israel. No further details or figures were provided.

TREE NEWS update: US President Donald Trump said he wants a proper trade agreement with Canada, prioritizing long-term terms over short-term results, and that any deal would be highly favorable to the United States. The US-Canada agreement could be reached before the midterm elections, he said.

TREE NEWS update: Iran’s Revolutionary Guard Corps spokesman mocked US Central Command commander Gen. Cooper’s visit to the Strait of Hormuz in a social media post, pairing the criticism with an image of a US service member aboard a helicopter looking toward a burning oil tanker. The post targeted Cooper directly, using the tanker image as visual commentary on the visit. No further details of the visit or the incident depicted were provided.

TREE NEWS update: Elon Musk said on X that more than 200 emerging compute cloud companies will undergo industry consolidation due to pressure in the debt market environment, with only a few expected to survive. The post commented on the state of the debt market and the outlook for new compute cloud providers.

TREE NEWS update: Yemen’s Houthi movement said on the evening of the 25th that it carried out three military operations against targets inside Saudi Arabia that day using dozens of ballistic missiles. The group announced the strikes in a statement. No details on the specific targets or any casualties were provided.

TREE NEWS update: Serbia’s national election commission said turnout in the country’s parliamentary election reached 64.9% by 6 p.m. local time, the highest level since the breakup of Yugoslavia in 1992. The commission reported the figure as polls remained open into the evening.

TREE NEWS update: Yemen’s Houthi movement said it attacked Riyadh airport along with an air base in Khamis Mushait and a naval base in Jizan. The group claimed responsibility for the strikes on the Saudi sites. No further details on casualties or damage were given.

TREE NEWS update: Sri Lanka’s foreign ministry said Sunday that 40 Iranian crew members suffering medical emergencies were rescued from merchant vessels in international waters off its coast. The crew were brought ashore at Galle port from 19 ships at the Iranian embassy’s request through diplomatic channels, treated, and returned to Iran on Sunday morning. Local media identified the vessels as oil tankers subject to US sanctions.

TREE NEWS update: US President Donald Trump said he is traveling to Michigan for a campaign rally, claiming the United States is now the world’s most sought-after country and crediting himself for the situation. Trump said his efforts have brought the US auto industry its best period in history, with new and expanded factories across the country and Michigan standing out. He also said he saved the Selfridge Air National Guard Base, which Democrats had planned to close, preserving thousands of jobs.