Flash News

TREE NEWS reports: Spot silver fell 2% during the session to trade at $53.51 per ounce. The move marks a sharp intraday decline for the precious metal, which had been trading above the $54 level. No further details on the drivers of the drop were immediately available.

TREE NEWS reports: The MSCI Asia-Pacific Index dropped 1% to 256.10 points. The decline reflects a broad pullback across the region’s equity markets. No further details were immediately available.

TREE NEWS reports: Gold (XAUUSD) dropped to $4,000 per ounce and was last quoted at $3,998.62 per ounce, a 24-hour decline of 2.7%, Gate data showed. The move puts the metal at the $4,000 threshold on the session.

TREE NEWS reports: Silver (XAGUSD) fell to $54 per ounce, last trading at $53.985 per ounce, a 24-hour decline of 5.4%. The move marks a sharp single-session drop for the precious metal.

TREE NEWS reports: The Shanghai Composite Index fell below the 3,600-point level on [date], dropping more than 1.6% during the session. The move marked a sharp intraday decline for the benchmark mainland Chinese equity gauge, which had been trading above that threshold. No specific catalyst for the drop was cited in the material.

TREE NEWS reports: China’s innovation index reached 185.5 in 2025, up 6.4% from the previous year, according to calculations by the National Bureau of Statistics’ China Innovation Index research group. The innovation output sub-index posted the strongest gain at 8.0%, reaching 233.0, while the innovation environment sub-index rose 7.5% to 199.9, the innovation input sub-index climbed 5.9% to 172.2 and the innovation performance sub-index edged up 2.9% to 137.0.

TREE NEWS update: The Saudi-led multinational coalition intercepted and destroyed a ballistic missile launched by Yemen’s Houthi movement toward Riyadh, coalition spokesman Turki al-Maliki said on social media on the 23rd. Air-raid sirens had sounded in the Saudi capital earlier and multiple explosions were heard. No casualties or damage were reported.

TREE NEWS reports: China’s ChiNext and STAR 50 indices each fell more than 2%, while the Shanghai Composite dropped 1.48% and the Shenzhen Component lost 1.70%, with precious metals, computing hardware and semiconductor chips among the biggest decliners. More than 5,000 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS reports: BitMine chairman Tom Lee said the market is in a selloff, with tech and semiconductor stocks under pressure while defensive sectors outperform, signaling risk-off sentiment. In a CNBC interview, Lee said sentiment is overly pessimistic and cited his technical analyst Mark Newton’s view that tech stocks have essentially reached support levels.

TREE NEWS reports: Final consumption expenditure contributed 46.7% of China’s economic growth in the first three quarters of 2026, up 0.7 percentage points from the first half, the Ministry of Commerce’s consumption promotion department said. Consumption added 2.1 percentage points to GDP growth in the period, remaining the top driver of the economy, the ministry said, as it credited its consumption-boosting measures with expanding the market and improving household spending patterns.

TREE NEWS update: Japanese officials said the government is considering scaling back gasoline subsidies as early as December. The move would reduce support for fuel prices at the pump, though no final decision or specific reduction level was disclosed. The timing points to a possible policy shift starting in December.

TREE NEWS reports: All three major A-share indices fell more than 1% on the day, with the STAR 50 index dropping over 2%. Precious metals, semiconductors, photovoltaics and power grid equipment led the declines, while more than 5,100 stocks across the Shanghai, Shenzhen and Beijing exchanges closed lower.

TREE NEWS reports: China’s treasury futures opened mixed on the latest session, with the 30-year main contract up 0.05% and the 10-year main contract down 0.02%. The 5-year main contract was flat versus the previous day, while the 2-year main contract was unchanged at 0.00%.

TREE NEWS reports: China’s Shanghai Composite opened at 3623.57 on the day, down 0.94%, with the Shenzhen Component falling 1.49% to 11187.55 and the ChiNext Index dropping 1.66% to 2534.16. The CSI 300 opened 1.08% lower at 3992.90, while the STAR 50 fell 1.38% to 1287.87. The CSI 500 and CSI 1000 opened down 1.44% and 1.49% at 6559.61 and 6480.18, respectively.

TREE NEWS reports: The People’s Bank of China conducted zero 7-day reverse repo operations on Thursday and instead injected 258 billion yuan through overnight reverse repos, with 233 billion yuan of reverse repos maturing the same day. The central bank’s open market operations posted a net injection of 62 billion yuan for the week.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.41% higher at 23,027.98 on Thursday, while the Hang Seng Tech Index gained 0.51%. Tencent Music rose nearly 4%, Li Auto added 3.5%, and JD.com and NetEase each climbed more than 2%.

TREE NEWS update: The People’s Bank of China set the yuan’s daily midpoint against the dollar at 6.7180 on the latest fixing, 15 pips stronger than the previous day’s 6.7195. The prior official close was 6.6727, and the overnight session ended at 6.6748. The midpoint is the reference rate around which the onshore yuan is allowed to trade within a 2% band.

TREE NEWS update: US President Trump said at a rally in South Carolina on the 21st that he asked Google CEO Sundar Pichai to change the name of the Atlantic Ocean on Google Maps, and that Pichai refused the request. Trump made the remarks while speaking at the campaign-style event.

TREE NEWS reports: China’s economy ran steadily and improved in quality through the first three quarters, with the third quarter showing further gains over the second in industry, new-growth sectors, interprovincial trade and equipment investment, the State Taxation Administration said, citing invoice data. New-growth industries expanded faster, with AI-related sectors picking up pace.

TREE NEWS update: Xi Jinping issued important instructions on the 7.0-magnitude earthquake in Baqing County, Nagqu City, Tibet, calling for all-out search and rescue of people, proper resettlement of affected residents, and effective protection of people’s lives and property. The instructions were reported on national television. No casualty figures or damage assessments were given in the material.