Flash News

TREE NEWS update: Bank of Korea Governor Shin Hyun-song said the internationalization of the South Korean won remains in an “early stage,” indicating the currency’s global use is still limited. The remark, attributed to the central bank chief, frames the won’s cross-border role as nascent, without further details on policy steps or a timeline. The Bank of Korea has been studying ways to expand the won’s use in trade and finance.

TREE NEWS update: Bank of Korea Governor Shin Hyun-song said next year’s government budget spending will raise the country’s GDP growth rate by 0.5 percentage points. He also said chip prices, rather than chipmaker share prices, deserve closer attention, and that chip prices show no sign of declining and may rise further.

TREE NEWS update: US President Donald Trump said the United States is “doing very well” in its confrontation with Iran. He gave no further details on the operations or the situation. The remark is a brief public comment on the US-Iran standoff.

TREE NEWS reports: The MSCI Asia-Pacific Index fell 1% to 260.78 on the session, the index provider’s data showed. The move marks a broad decline across the region’s equities, with the benchmark giving back ground as Asian markets traded lower.

TREE NEWS reports: Bank of Korea Governor said no country can avoid the rise in global long-term yields, warning that the trend is a cross-border phenomenon. The remark points to spillover risk for economies worldwide as long-term borrowing costs climb.

TREE NEWS reports: Bank of Korea Governor Shin Hyun-song said predictability is very important for exchange rates, noting that the Korean won is weaker than in recent years by foreign-exchange metrics. The remarks, reported without a specific date, point to the central bank’s focus on currency stability as the won trades at comparatively weak levels.

TREE NEWS reports: The MMLC battery-grade lithium carbonate mid-price fell 1,750 yuan to 98,800 yuan per tonne in early trading, compared with the 16:30 price the previous day. The benchmark is published by Shanghai Metals Market (SMM).

TREE NEWS reports: Japan’s Nikkei 225 fell 1.1% by the morning session close, while the broader Topix index slipped 0.3%. The decline reflects selling pressure in Japanese equities during the morning trading session.

TREE NEWS update: Bank of Korea Governor Shin Hyun-song said the central bank’s 2027 core inflation forecast is slightly higher than its August projection. He added that a restrictive policy stance needs to be maintained. The remarks signal the BOK is not yet ready to ease, with the governor pointing to inflation risks beyond the near term.

TREE NEWS reports: Nasdaq 100 futures dropped more than 1% after Tesla cut its capital spending, signaling pressure on technology stocks. The move in the futures market came as investors reacted to the electric-vehicle maker’s reduced capex plans. No further details on the scale of the cut or its timing were provided.

TREE NEWS reports: The Hang Seng Tech Index fell more than 4% on Monday, with shares of AI chipmaker Iluvatar CoreX dropping over 8% and AI developer Zhipu falling more than 7%. The declines came as technology stocks across the board faced selling pressure, though no specific catalyst was cited for the moves.

TREE NEWS reports: China’s ChiNext Index dropped more than 3% and the Shanghai Composite fell over 1% on the day, while the Shenzhen Component Index lost more than 2%. Film and media, computing hardware, coal and semiconductor sectors led the declines, with more than 4,800 stocks falling across the Shanghai, Shenzhen and Beijing markets.

TREE NEWS update: Bank of Korea Governor Shin Hyun-song said high uncertainty in the external environment means more time is needed to assess the economy. The remark signals the central bank is in no rush to draw conclusions about conditions as it weighs its next policy steps. He did not give a timeline or indicate a policy direction.

TREE NEWS update: The United Arab Emirates has nominated its diplomat Lana Nusseibeh as a candidate for the next United Nations Secretary-General. The site lists Nusseibeh as a candidate put forward by the UAE. The selection process to succeed the current secretary-general is underway.

TREE NEWS reports: Shanghai’s gross domestic product for the first three quarters of the year totaled 4.33 trillion yuan (43306.62 billion yuan), up 5.5% year on year. The figure covers the January-to-September period.

TREE NEWS update: China’s Ministry of Industry and Information Technology and seven other departments issued the 15th Five-Year Plan for upgrading industrial base capabilities, targeting 2030 for markedly easing weak links in the industrial base. The plan calls for fully raising technological innovation, self-reliance and quality supply capacity, and for cultivating a batch of manufacturing single-champion and specialized ‘little giant’ enterprises in the sector.

TREE NEWS reports: The Shanghai Composite Index extended its decline to 1% during the session, marking a deepening pullback for the mainland benchmark. No further details on the move were immediately available.

TREE NEWS reports: China’s gross ocean product exceeded 11 trillion yuan in 2025, according to the China Marine Economic Development Report 2026 issued by the National Development and Reform Commission and the Ministry of Natural Resources. The ocean economy accounted for 7.9% of the country’s GDP that year, the report said, making it an important growth pole for the national economy.

TREE NEWS reports: Indonesia’s benchmark stock index fell 2.7% on the session, with the decline reported as a single market move. No further details on the drivers or individual constituents were disclosed. The drop marks one of the sharper single-session declines for the index.

TREE NEWS reports: Large-scale demonstrations broke out across several European countries in recent days, with protests continuing in Greece and Portugal over high living costs, inadequate public services, shortages of education resources and government austerity measures. The unrest reflects mounting public frustration with economic pressures across the region.