Flash News

TREE NEWS update: A Bank Indonesia official said the Chinese yuan is expected to play a broader role in Indonesia’s economy. The remark points to a possible expansion of yuan use in bilateral trade and financial transactions between the two countries. No further details, timeline or specific measures were given.

TREE NEWS reports: Japan’s Nikkei 225 closed down 2.7% at 62,907.84, while the broader Topix fell 1.1% to 3,997.50. South Korea’s Kospi dropped 3.5% to 5,533.77, extending a sharp selloff across major Asian equity markets.

TREE NEWS reports: SoftBank Group’s market capitalization has fallen by half from its June peak, the company’s stock slide wiping out roughly 50% of its value since that high. The drop marks a sharp reversal for the Japanese technology investor, whose shares had rallied earlier in the year. No further details on the cause or exact figures were provided.

TREE NEWS update: The Philippine central bank raised its key policy rate by 50 basis points to 5.5%, exceeding the 5.25% estimate and up from the prior 5%. The larger-than-expected move lifts the benchmark rate from its previous level of 5%.

TREE NEWS reports: Indonesia’s benchmark Jakarta Composite Index rebounded from an earlier slide, rising as much as 1.8% after falling 2.7%, as the country’s sovereign wealth fund said it has been buying local stocks. The recovery extends two prior sessions of gains and contrasts with declines across most Asian markets.

TREE NEWS reports: Server CPU shipments are expected to grow more than 40% year-on-year in 2027, TrendForce said, after an estimated 31% increase in 2026. The research firm attributed the demand to AI inference growth and rising adoption of Agentic AI services, with server CPU demand rising steadily from the second half of 2025. The x86-dominated market structure may shift as Arm-based products continue to gain share.

TREE NEWS reports: Barclays reported third-quarter FICC revenue of £1.01 billion, missing the £1.28 billion estimate, while equities revenue came in at £1.01 billion against an £842.2 million forecast. Investment banking fees were £656 million versus £661.1 million expected, and pre-tax profit was £2.32 billion, below the £2.44 billion estimate. Net interest income matched estimates at £3.91 billion.

TREE NEWS reports: The Taiwan dollar fell 0.3% to 32.590 against the US dollar, the currency’s latest level in the foreign-exchange market. The move marks a modest weakening of the Taiwanese currency versus the greenback.

TREE NEWS reports: Industrial and Commercial Bank of China (ICBC) shares rose more than 2% to a record high, lifting its combined A-share and H-share market capitalization to about 2.86 trillion yuan. China Construction Bank gained over 1.5%, while Agricultural Bank of China, Chongqing Rural Commercial Bank and Industrial Bank also advanced as parts of the A-share banking sector recovered.

TREE NEWS reports: The STAR 50 Index dropped 3% intraday, led lower by chip and optics names. Raytron Technology fell more than 10%, Yuanjie Semiconductor lost over 8%, and Skyverse Technology and Shengyi Electronics each declined more than 7%. The index tracks the largest companies listed on Shanghai’s STAR Market, a board weighted toward semiconductor and hardware names.

TREE NEWS reports: The U.S. dollar fell 0.5% against the Japanese yen to 157.34. The move marks a decline in the greenback versus Japan’s currency.

TREE NEWS update: Israeli Defense Minister Israel Katz said on October 21 that Israel’s security services had detected Iran attempting to carry out an attack on Israel that could affect the outcome of Israeli elections. Katz said Iran’s regime is at its “weakest point in history” and warned that if Iran attacks Israel, Iran will be destroyed. He said the IDF and security services will maintain heightened alert and act in all necessary areas to defend national security.

TREE NEWS reports: South Korea’s KOSPI index extended its intraday decline to 4% on Thursday, trading at 5,503.73. Chipmaker SK Hynix dropped more than 6% and Samsung Electronics fell more than 4% as the benchmark’s losses deepened.

TREE NEWS reports: Taiwan’s benchmark TAIEX weighted stock index closed 1.8% lower at 46,041.43 points. The decline marks a down session for the island’s equity market.

TREE NEWS reports: The CSI 300 Index fell 2% during intraday trading. The move marks a sharp decline for the benchmark gauge of large-cap stocks listed in Shanghai and Shenzhen.

TREE NEWS reports: US stock index futures continued to fall, with Nasdaq futures down 1.5%, S&P 500 futures down 0.80% and Dow futures down 0.40%. The move extended a broader decline in equity futures.

TREE NEWS reports: Combined turnover across the Shanghai and Shenzhen stock markets exceeded 1 trillion yuan, 15.7 billion yuan lower than at the same time the previous day. The figure covers trading in both bourses.

TREE NEWS reports: The Hang Seng Tech Index fell more than 5% in afternoon trading, dropping below the 3,800-point level. The broader Hang Seng Index was down 3% at the same time.

TREE NEWS reports: WTI crude oil broke above $99 a barrel on the day, rising nearly 2% to trade at $99.06. The move marks a fresh intraday push toward the $100 threshold for the US benchmark.

TREE NEWS reports: Spot silver fell 3.0% during the session to trade at $56.21 an ounce, extending an intraday decline. The move marks a sharp pullback in the precious metal’s price on the day.