Flash News

TREE NEWS update: President Donald Trump said the United States may take further action against Iran, without specifying what measures were under consideration. The remark signals the possibility of additional US steps beyond those already taken. No timeline or details of the potential action were given.

TREE NEWS update: Russian President Vladimir Putin said on the 22nd that Russia and the United States have agreed to restart trilateral talks with Ukraine. In an interview with TV host Pavel Zarubin, Putin said the goal is to discuss how to ensure security for Russia and Ukraine after a final peace agreement is reached, not merely a short-term ceasefire. He said Russia is ready to resume contacts to achieve this.

TREE NEWS update: Highway maintenance crews cleared the rockfall section on G317 in Nagqu, Tibet, at 3 a.m. on Oct. 23, after a magnitude-7.0 earthquake struck Baqing County, the regional transport department said. Transport authorities advised civilian vehicles to use detour routes so emergency rescue vehicles can pass first. The quake hit Nagqu city in the Tibet Autonomous Region.

TREE NEWS reports: The S&P 1500 Homebuilder Index climbed 6% on the day, marking its largest single-day advance since June. The move reflects a sharp rally across homebuilding stocks. No further details were provided.

TREE NEWS reports: US stocks closed lower on Oct. 23, with the Dow down 0.02%, the Nasdaq down 2.88% and the S&P 500 down 1.17%. SPCX fell 9.37% and SanDisk (SNDK) dropped 8.45%, while SKHY lost 8.07%, AMD 7.96%, Riot Platforms (RIOT) 7.92% and Intel (INTC) 7.80%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 1.2% in preliminary trading, with Chinese ADRs broadly lower. VNET fell 8.9%, Zai Lab dropped 8.8%, Hesai lost 8%, and GDS and Canadian Solar each fell more than 6%, while Alibaba slipped 2.5% and Baidu 1.1%. Among ETFs, CQQQ fell 2.9% and KWEB 2.3%, with NetEase Youdao rising 4.7% and Tencent Music gaining 1.6%.

TREE NEWS reports: US memory-chip stocks fell 8% in preliminary close, with the Philadelphia Semiconductor Index down 6.7% and the AI Winners Index down 6.2%. The S&P 500 slipped 1.2% as telecom dropped 3.1% and tech 3%, while the Nasdaq 100 fell 2.9%; Moderna lost 18%, Lam Research and Lumentum fell over 11%, and Meta dropped 7%.

TREE NEWS update: A 7.0-magnitude earthquake in Baqing County, Nagqu, Tibet, has killed 16 people and injured 32. The casualty figures were reported as rescue and damage assessment efforts continue in the affected area.

TREE NEWS reports: The dollar fell 0.82% against the yen to 156.84 in late New York trading on Thursday, October 22, after moving in a 158.25–156.69 range during the session. The yen strengthened steadily from 08:32 to 19:21 Beijing time and held near 157 per dollar from 14:00. The euro fell 0.91% to 175.94 yen and sterling dropped 0.80% to 210.129 yen, while the yen rose 0.80% to 4.2546 against the offshore yuan.

TREE NEWS update: PreussenElektra GmbH said Wednesday it is working with Nvidia to assess whether decommissioned German nuclear plant sites can be converted into data centers, without giving further details. The sites are attractive for data centers because they already have grid connections and substantial infrastructure in place. Selling such sites could also provide extra revenue for utilities, with RWE AG and Uniper SE having shortlisted former coal plant sites for potential sale.

TREE NEWS update: China’s permanent representative to the UN, Fu Cong, told the General Assembly on the 22nd that the goal of Security Council reform is to change the over-representation of developed countries. He said member states broadly expect the UN to play a bigger role and want the Council to shoulder its primary responsibility for international peace and security. China supports necessary and reasonable reform to raise the Council’s authority and efficiency.

TREE NEWS reports: US money market fund assets increased to $7.94 trillion, the Investment Company Institute reported. The figure reflects total assets held in US money market funds as of the latest weekly data. No further breakdown of the change was provided.

TREE NEWS update: The US Department of Commerce and the Office of the US Trade Representative will report on the progress of wind energy trade negotiations within 180 days. The two agencies are tasked with updating on the status of the talks, which concern trade in wind energy goods and services. No further details on the scope or participants of the negotiations were provided.

TREE NEWS reports: The Philadelphia Semiconductor Index fell 7% intraday, with heavy losses across major chip stocks. Nvidia dropped 4.61%, Broadcom 4.48%, Micron 6.61%, Intel 8.40%, AMD 8.79%, Qualcomm 3.14%, TSMC 4.84% and ASML’s ADR 6.92%.

TREE NEWS update: A 7.0 magnitude earthquake struck Baqên County in Tibet’s Nagqu City at 22:33 on October 22, at a depth of 10 kilometers. China’s Ministry of Water Resources activated its water-conservancy earthquake emergency command mechanism, holding a special meeting to assess impacts on water projects and rural water supply. It directed the Tibet Water Resources Department to survey damage to water facilities and strengthen monitoring of rainfall, water conditions and glacial lakes.

TREE NEWS update: Calley Means, a senior adviser to US Health Secretary Robert F. Kennedy Jr., resigned on Thursday, dealing a setback to the administration’s push to overhaul the American food system. In a statement, Means said he holds great respect for President Trump and RFK and that the “Make America Healthy Again” movement is still in the first inning. His departure may relieve major food companies that had opposed his effort to establish a federal definition of “ultra-processed foods.”

TREE NEWS update: President Donald Trump signed an executive order on housing costs, the White House said. The announcement gave no further details on the order’s contents, scope or timing of implementation. Housing affordability has been a recurring theme in US policy discussion, but the White House statement did not specify what measures the order directs.

TREE NEWS reports: Gasoline prices jumped in Michigan and Ohio after a refinery problem in the Chicago area, squeezing wallets in key swing states 12 days before the US midterm elections. Michigan’s average for regular gasoline rose 17 cents on Wednesday to $4.61 a gallon, AAA data showed. Ohio’s price rose 10 cents to $4.08 a gallon, even after the state suspended its gasoline and diesel excise taxes to curb costs driven up by the Iran war.

TREE NEWS update: Azerbaijan’s economy minister said state oil company SOCAR and Italy’s Eni are considering expanding cooperation through joint projects in third countries. The minister gave no further details on the projects, their scope or timing. SOCAR and Eni already work together in Azerbaijan’s energy sector.

TREE NEWS update: Lockheed Martin shares rose as much as 9% after the U.S. market open and were up more than 6% after the company raised its full-year earnings forecast. The defense contractor announced a multi-year F-35 Lightning II production and sustainment framework agreement with the U.S. War Department covering 850 aircraft over 10 years, including initial spares, modification kits and maintenance, plus international orders for Lots 21-30. The deal targets 156 jets per year, pending congressional approval of multi-year procurement authority and funding.