Flash News

TREE NEWS reports: Vietnam’s VN Index gained 1% in intraday trading, reflecting positive market sentiment. The rise comes amid regional equity strength, with investors monitoring global economic cues. Further details on the move remain limited.

TREE NEWS update: Japanese Finance Minister Katsunobu Kato said US Treasury Secretary Scott Bessent did not make any specific demands during their talks. The statement follows recent discussions between the two officials amid ongoing trade and currency negotiations.

TREE NEWS update: China’s National Healthcare Security Administration said 28 provinces and 303 coordinated regions now implement zero personal payments for policy-covered hospital childbirth. Maternity insurance covers 260 million people, with flexible workers included in 22 provinces. In the first seven months, maternity insurance fund spending reached 78.42 billion yuan, benefiting 25.56 million people, and maternity allowances were fully paid directly to individuals.

TREE NEWS update: China’s National Healthcare Security Administration will continue annual adjustments to the basic medical insurance drug list, aiming to include more innovative drugs for major diseases such as cancer, chronic conditions, rare diseases, and pediatric illnesses. The move seeks to unify reimbursement catalogs for medical services and consumables nationwide, reducing regional policy disparities.

TREE NEWS update: South Korea said the US raised chip-related issues during talks, and the two sides are now discussing the matter. The comment follows a meeting where Washington reportedly brought up semiconductor concerns, signaling ongoing bilateral negotiations on the topic.

TREE NEWS update: Japan’s Finance Minister Katayama stated that the government will appropriately control bond issuance throughout the year, while monitoring yield trends with a high sense of urgency. He noted that yields are influenced by various factors, signaling caution over rising long-term interest rates.

TREE NEWS update: A South Korean official said the Strait of Hormuz is critical to the country’s economy and security, and Seoul is considering various options including military support. No decision has been made on deploying troops to the strait.

TREE NEWS update: China’s National Healthcare Security Administration said at a State Council Information Office press conference that during the 15th Five-Year Plan period, it will consolidate universal basic medical insurance, optimize participation structure, and expand coverage for flexible workers, migrant workers, and new employment forms. It will enhance maternity protection with direct settlement and allowance payments, and establish a comprehensive long-term care insurance system.

TREE NEWS update: Cathay Pacific announced it will cancel passenger flights to and from Dubai and Riyadh until November 30. The airline cited operational reasons for the suspension, affecting travel plans in the region. Customers are advised to check flight status and rebooking options.

TREE NEWS reports: Market pricing now shows about a 50% chance of a 25 basis point Fed rate hike this month, down from 70% yesterday, after Fed officials pushed back. Bitcoin briefly broke above $82,000 this morning, with major tokens up 3-6%. Meanwhile, the House GOP canceled votes on the CLARITY Act until after the midterms, dimming its passage prospects.

TREE NEWS reports: Global copper mine production fell 1.1% in H1, marking the first half-year decline since 2017. Output at Codelco and Freeport-McMoRan dropped by double digits. Morgan Stanley, which initially expected supply growth, now forecasts flat or slightly lower output for the year, suggesting a potential first annual decline since 2017.

TREE NEWS reports: The Guangzhou-Hong Kong horse industry deep cooperation zone is currently under planning, with preliminary work advancing steadily. The initiative aims to foster cross-border collaboration in the equine sector between the two cities.

TREE NEWS reports: The Australian dollar climbed to 0.7208 against the U.S. dollar, reaching its highest level since mid-May. The move reflects continued strength in the currency amid broader market conditions.

TREE NEWS reports: Japan’s 20-year government bond yield declined by 5.5 basis points to 3.76% on [date]. The move reflects continued demand for long-dated JGBs amid market conditions.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.25% higher on [date]. Leading gains were Qiangda Convertible Bond (+20.00%), Zhen 26 Convertible Bond (+3.92%), and Dingjie Convertible Bond (+2.78%). On the downside, Wankai Convertible Bond fell 0.42%, while Tai 21 Convertible Bond and Diwei Convertible Bond each dropped 0.23%.

TREE NEWS reports: China’s ChiNext and STAR 50 indices both rose over 1% on Tuesday, with the Shanghai Composite up 0.39% and the Shenzhen Component up 0.74%. Digital currency, precious metals, and semiconductor chip sectors led the gains, and nearly 3,900 stocks advanced across Shanghai, Shenzhen, and Beijing exchanges.

TREE NEWS reports: China’s treasury futures opened lower on Tuesday, with the 30-year main contract down 0.05%, the 10-year down 0.01%, the 5-year down 0.01%, and the 2-year down 0.00%. The modest declines reflect cautious trading in the bond market.

TREE NEWS reports: China’s Shanghai Composite Index opened at 3955.55 points, up 0.34% on the day. The Shenzhen Component Index gained 0.74% to 13725.65, while the ChiNext rose 0.97% to 3344.62. The CSI 300 opened 0.50% higher at 4575.32, and the STAR 50 advanced 1.04% to 1627.95.

TREE NEWS update: Reserve Bank of New Zealand Assistant Governor Silk said an interest rate hike in October or December remains possible, with December more likely for raising the official cash rate. The comments suggest the central bank is leaning toward a later move amid persistent inflation pressures.

TREE NEWS update: The People’s Bank of China conducted 0 yuan in 7-day reverse repo operations on Tuesday, with 200 billion yuan in reverse repos maturing today. The central bank’s open market operations resulted in a net withdrawal of 1,411.5 billion yuan this week.