Flash News

TREE NEWS reports: Japan’s Nikkei 225 fell 0.3% to close at 62,693.16, while the broader Topix index dropped 0.8% to 3,965.81. South Korea’s Kospi rose 0.3% to 5,550.30, bucking the regional decline.

TREE NEWS reports: Calpers reduced its directly held Magnificent Seven shares by a combined 26% in the first half of 2026, shifting exposure toward private equity, Deputy Chief Investment Officer Anton Orlich said. The $500bn-plus pension fund trimmed stakes in Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla, spreading equity risk across hundreds of companies.

TREE NEWS reports: The Hang Seng Index widened its advance to 1% during the session. The move marks a pickup in the benchmark’s gains, with the index trading up by that margin.

TREE NEWS update: The Bank of Japan said the country’s financial system is stable overall, in a statement issued without further detail. The assessment covers the banking and financial system as a whole, with no specific risks or figures disclosed in the release. The central bank’s stability review is a regular check on the health of Japan’s financial institutions.

TREE NEWS reports: UK core retail sales fell 0.7% month on month in September, against expectations of a 0.1% decline, following a 0.6% rise in August. The sharper-than-expected drop points to a loss of momentum in consumer spending at the end of the third quarter.

TREE NEWS reports: UK retail sales rose 0.8% year-on-year in September, missing the 1% forecast and slowing sharply from 2.4% growth in the prior month. The reading points to weaker consumer spending momentum heading into the fourth quarter. No further breakdown was provided in the initial release.

TREE NEWS reports: Combined turnover across the Shanghai, Shenzhen and Beijing stock exchanges exceeded 1.5 trillion yuan, marking a 329.3 billion yuan increase from the same time the previous trading day. The figure reflects a sharp pickup in trading activity across the three mainland bourses.

TREE NEWS reports: Chinese bank shares reversed lower on the A-share market, with Bank of China dropping more than 4%. Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China each fell over 2%, while Postal Savings Bank of China, Bank of Communications and Bank of Jiangsu also declined.

TREE NEWS reports: Eni reported third-quarter adjusted net profit of €2.8 billion, beating market expectations of €2.5 billion. Adjusted operating profit came in at €3.7 billion versus an expected €3.73 billion. The Italian energy group said it will pay a €1.3 billion special dividend in the fourth quarter and increase the size of its share buyback.

TREE NEWS reports: Volvo reported third-quarter operating profit of SEK 14.35 billion, missing the SEK 14.53 billion market estimate. Net sales came in at SEK 119.5 billion, below the SEK 124.1 billion consensus, while the adjusted operating margin reached 12.3%, ahead of the 11.8% estimate.

TREE NEWS reports: The STAR 50 Index, tracking Shanghai’s Nasdaq-style tech board, reversed early losses to trade higher, after falling as much as 3.7% in morning trading. The intraday swing marks a sharp turnaround for the technology-heavy benchmark within the session.

TREE NEWS reports: The ChiNext Index rose as much as 2% on the day after falling more than 3% in morning trading, as heavyweight ChiNext constituents rallied sharply in the afternoon session. Among the stocks driving the rebound were CATL, Zhongji Innolight, Eoptolink, East Money and Hithink RoyalFlush. The intraday swing of more than five percentage points marked a sharp reversal for the growth-board benchmark.

TREE NEWS update: The Political Bureau of the Communist Party of China Central Committee convened a meeting to review a comprehensive report on the seventh round of inspections by the 20th Central Commission for Discipline Inspection. The meeting was chaired under the Party’s central leadership, though no further details of the deliberations or decisions were disclosed. The inspection round is part of the Party’s routine internal oversight mechanism.

TREE NEWS reports: The ChiNext Index rose more than 1% in a rapid intraday move, with liquor, insurance, brokerage and retail sectors leading the gains. More than 1,200 stocks across the market advanced, pointing to broad participation in the rally.

TREE NEWS reports: India’s October composite PMI flash reading came in at 56.7, up from 55.9 in the previous month. The figure, released as a preliminary estimate, points to continued expansion in Indian business activity. No further breakdown of the manufacturing and services components was given in the material.

TREE NEWS update: October flash manufacturing, services and composite PMIs are due for India, France, Germany, the eurozone, the UK and the US on Friday, alongside UK September retail sales and Canada’s August retail sales. Russia’s central bank announces its rate decision at 18:30 Beijing time, and American Express reports earnings before the US open. The US Michigan consumer sentiment final reading for October is scheduled for 22:00.

TREE NEWS reports: The ChiNext Index fell more than 2% in morning trading, with over 4,800 stocks across the market declining and trading in several broad-based ETFs picking up again. Spot gold briefly dropped below the $4,000/oz mark. Japan’s key inflation gauge rose above the central bank’s 2% target, supporting a rate hike this year, while margin balances in Shanghai and Shenzhen fell by 23.295 billion yuan the previous day.

TREE NEWS update: China’s National Development and Reform Commission has urgently allocated 30 million yuan from the central budget to support emergency post-disaster recovery in Baqing County, Tibet, following a magnitude 7.0 earthquake. The funds are designated for recovery efforts in the affected area.

TREE NEWS update: China’s Ministry of Finance and Ministry of Emergency Management urgently allocated 50 million yuan in central natural disaster relief funds to support emergency rescue and relief work following a magnitude-7.0 earthquake in Baqêng County, Nagqu City, Tibet. The funds are designated for disaster response efforts in the affected area.

TREE NEWS update: President Donald Trump said Bombardier will invest $270 million across Texas, Kansas and Indiana, without specifying a timeframe or the breakdown of the spending. The announcement names three states as recipients of the investment.