Flash News

TREE NEWS update: He Lifeng, member of the Political Bureau of the CPC Central Committee and director of the Central Financial and Economic Affairs Commission Office, met with Bridgewater Associates founder Ray Dalio in Beijing on the 14th. The meeting was confirmed in an official readout, which gave no further details on the topics discussed.

TREE NEWS update: The People’s Bank of China conducted a 45 billion yuan 7-day reverse repurchase operation on Tuesday at an interest rate of 1.40%, unchanged from the previous operation. No reverse repos matured on the day, leaving a net liquidity injection of 45 billion yuan into the banking system.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.80% lower at 24,119.14 points, while the Hang Seng Tech Index fell 2.21%. Among individual names, Iluvatar CoreX dropped more than 9%, Lenovo Group declined over 7% and Zhipu lost more than 6%.

TREE NEWS reports: The People’s Bank of China set the yuan’s central parity rate at 6.7253 per dollar, 4 pips weaker than the previous fix of 6.7249. The onshore spot closed the prior session at 6.6925, while the overnight session last traded at 6.6978.

TREE NEWS reports: Taiwan’s benchmark TAIEX index fell 2.8% to close at 47,251.72. The drop marks a sharp single-session decline for the Taiwan Stock Exchange’s weighted index.

TREE NEWS update: Chinese Foreign Minister Wang Yi met Russian Foreign Minister Sergey Lavrov in Baku on October 14, 2026, congratulating Russia on holding its State Duma elections and completing a major domestic political agenda. Wang said the May and August meetings between Xi Jinping and Vladimir Putin had sustained high-level development of the China-Russia comprehensive strategic partnership of coordination for a new era, and noted the APEC Economic Leaders’ Meeting will be held in Shenzhen next month.

TREE NEWS reports: Silver climbed 1.81% to $56.129 an ounce, while gold rose 0.78% to $4,139.58 an ounce. WTI crude fell 0.86% to $95.07 a barrel and Brent dropped 0.7% to $107.33. The dollar slipped 0.06% against the offshore yuan to 6.69127 and 0.26% against the yen to 157.89.

TREE NEWS reports: FTSE China A50 index futures fell 1.14% at the open, extending a 0.86% decline from the previous night session. The early drop points to a softer start for Chinese large-cap equities.

TREE NEWS reports: CICC said US September CPI rose 0.6% month-on-month and 3.7% year-on-year, with core CPI up 0.3% and 2.6%, both rebounding from the prior month and beating expectations. The brokerage said broad price pressures from energy, core goods and rents strengthen the case for further Fed tightening, but higher Treasury yields and a stronger dollar have already tightened financial conditions. CICC expects the Fed to hold in October and act again in December, adding that slower hikes do not mean a pivot to easing.

TREE NEWS update: The 140th Canton Fair opened in Guangzhou on Oct 15, running until Nov 4 across three phases with a total exhibition area of 1.55 million square meters. The first phase, Oct 15-19, covers 520,000 square meters with over 25,000 booths and more than 12,000 exhibitors under an ‘advanced manufacturing’ theme, focusing on new energy, smart manufacturing and embodied intelligence.

TREE NEWS update: European Central Bank Governing Council member and Bank of Slovenia governor Primoz Dolenc said no second-round inflation effects have been observed so far. He said the labour market is no longer as tight and that the ECB must remain vigilant on inflation data. Dolenc said policy is moving toward a restrictive stance and that the ECB has tools including the Transmission Protection Instrument, which it will use if needed.

TREE NEWS reports: Australia’s unemployment rate came in at 4.7% for September, exceeding the 4.6% expected by economists and up from the prior reading of 4.6%. The print marks a rise in joblessness from the previous month’s level.

TREE NEWS reports: Australia’s part-time employment fell by 73,700 in September, swinging from a revised gain of 45,800 in the prior month. The figure covers part-time positions only and excludes full-time employment. It is the latest monthly labour-market reading for Australia.

TREE NEWS reports: Australia’s full-time employment rose by 34,400 in September, swinging from a revised decline of 6,300 in the prior month. The September reading marks a return to full-time hiring after the previous month’s contraction.

TREE NEWS reports: European equity futures opened lower, with Euro Stoxx 50 futures down 0.7%, Germany’s DAX futures off 0.5% and UK FTSE futures slipping 0.4%. The declines point to a weaker start for European stocks.

TREE NEWS reports: South Korea’s benchmark KOSPI index fell 6%, while Japan’s Topix dropped 2%. The yield on Japan’s 10-year government bond declined 5 basis points to 2.945%.

TREE NEWS update: The Korea Exchange activated its sidecar mechanism on the KOSDAQ market, temporarily suspending program selling orders. The circuit-breaker-style tool is invoked when program-selling volume on the index breaches a set threshold, halting those orders for a limited period. No further details on the trigger level or duration were given.

TREE NEWS reports: The United States is considering easing sanctions on vessels in the so-called shadow fleet. The review concerns ships used to move sanctioned oil outside Western rules. No decision or timeline has been announced.

TREE NEWS reports: Japan’s Nikkei 225 index dropped more than 3% on the day, with memory chip maker Kioxia sliding over 8%. The decline marks a sharp selloff in Japanese equities, led by the semiconductor sector.

TREE NEWS reports: The MSCI Asia-Pacific Index dropped 1% to 266.28 points. The decline marks a broad pullback across Asia-Pacific equities in the session.