Flash News

TREE NEWS update: Russian President Vladimir Putin said on [date missing] that achieving peace between Russia and Ukraine requires the two sides to first reach an agreement on their own. He emphasized that external mediation should not substitute direct bilateral talks. The statement underscores Moscow’s stance on resolving the conflict without imposed solutions.

TREE NEWS update: Beijing’s first high-value land auction since the August 28 housing policy shift saw a significant cooling, with one plot’s live bidding abruptly suspended. Two residential parcels in Chaoyang and Shunyi, with a combined starting price of 14.592 billion yuan, ended online bidding. The market views this as a stress test for the shift to completed-home sales.

TREE NEWS update: Russian Deputy Prime Minister Alexander Novak said the country’s diesel and jet fuel markets are adequately supplied, while noting a certain gasoline shortage persists. The remarks highlight ongoing fuel supply challenges in Russia despite sufficient stocks of other key products.

TREE NEWS reports: WTI crude oil rose 2% in intraday trading to $92.85 per barrel. The move reflects renewed supply concerns amid geopolitical tensions. Traders are watching for further escalation and its impact on energy prices.

TREE NEWS reports: After the mid-August short squeeze, Bitcoin’s rebound stalled near $80,000 and retreated to $76,000 amid persistent supply. On-chain data shows floating supply in profit rose to 68% at current levels, up from 65% in May. US 10-year Treasury yields climbed to 4.8%, erasing the relief from Treasury buybacks. Options positioning points to a $14B open interest barrier at the September 25 expiry.

TREE NEWS update: Russian President Vladimir Putin said on September 3 at the Eastern Economic Forum that Russia-US contacts are ongoing and could yield results. He expressed support for fully restoring relations with Washington.

TREE NEWS update: Shenzhen Acting Mayor Li Yun visited Pingshan District and toured companies including BYD, emphasizing the need to foster a first-class business environment and industrial ecosystem. He called for developing new quality productive forces according to local conditions to drive high-quality economic and social development.

TREE NEWS update: Israel’s defense minister said on Tuesday that if Iran attacks, Israel will strike back and send Iran back to the Stone Age. The warning escalates rhetoric amid tensions between the two enemies. No further details were provided.

TREE NEWS update: Japanese Finance Minister Katsunobu Katayama said on [date] that the sense of urgency following coordinated FX intervention with the US remains unchanged, aligning with Prime Minister Takaichi Sanae’s considerations. He added that G7 and G20 counterparts have responded very positively to Japan’s growth and fiscal policies.

TREE NEWS update: State Councilor Shen Yiqin inspected elderly care services in Tianjin from the 2nd to 3rd, stressing the need to deepen reform and development of elderly care, expand and improve services to ensure a happy and healthy old age for the elderly.

TREE NEWS update: China’s Ministry of Natural Resources and the China Meteorological Administration issued an orange geological disaster risk warning at 18:00 on September 3. From 20:00 September 3 to 20:00 September 4, parts of southern Zhejiang, eastern and southern Fujian, southern Jiangxi, southern Hunan, eastern Guangdong, and southern Tibet face high risk (yellow). Orange-level high risk applies to southern Zhejiang, eastern and southern Fujian, southwestern Jiangxi, and southeastern Hunan.

TREE NEWS update: Porsche is restructuring its sales and market operations, reducing the number of international sales regions from five to four. The automaker announced the move as part of a broader reorganization of its sales network. The change is expected to streamline operations and improve efficiency.

TREE NEWS update: Shanghai’s municipal government has issued measures to promote sustained growth of farmers’ incomes. The plan emphasizes strengthening agriculture-industry linkages, advancing modern agricultural technology systems, and supporting socialized services to help farmers reduce costs and increase earnings.

TREE NEWS update: Israeli Defense Minister Israel Katz said Iran may be forced to take extreme measures under pressure. He warned that if Iran attacks Israel, it would free Israel from existing constraints. The remarks signal heightened tensions in the region.

TREE NEWS reports: The US dollar dropped more than 1.5% against the Japanese yen in intraday trading, hitting 156.31. The move reflects heightened volatility in currency markets.

TREE NEWS reports: China’s services trade totaled 4.44671 trillion yuan in the first seven months of 2026, up 8.3% year-on-year, the Ministry of Commerce said. Exports rose 17.1% to 1.77323 trillion yuan, while imports grew 3.2% to 2.67348 trillion yuan. The services trade deficit narrowed by 176.33 billion yuan to 900.25 billion yuan.

TREE NEWS reports: SK Hynix is considering advancing investments in both its Yongin semiconductor cluster and Gwangju, as the company ramps up spending on its Gwangju-based production base in the southwest region. Internal discussions are exploring a plan to run the long-term Yongin project alongside Gwangju investment, aiming to balance local conditions while pushing forward with concentrated investment in Yongin.

TREE NEWS reports: US announced job cuts in August fell 38.5% year over year, Gray & Christmas. This follows a revised decline of 46.1% in the prior month. The data indicate a continued slowdown in layoffs amid a resilient labor market.

TREE NEWS update: Chery Holding Chairman Yin Tongyue said on Sept. 3 at the 2026 World Power Battery Conference that its Rhino battery series includes solid-state cells with an energy density of 400Wh/kg. The semi-solid version is slated for vehicle installation in Q4 2026, while full solid-state batteries will undergo on-vehicle validation in 2027, adhering to a principle of ‘no installation until proven safe.’

TREE NEWS reports: UK asset manager Schroders has increased its holdings of longer-dated US Treasuries, with global chief investment officer Johanna Kyrklund saying the 10-year yield’s valuation appeal has improved. She noted that after the recent market selloff, there is an opportunity to hold some duration. The 10-year Treasury yield rose to nearly 4.82% on Wednesday, the highest since 2023.