Flash News

TREE NEWS reports: The International Monetary Fund forecasts that Japan’s gross domestic product will be overtaken by India and the United Kingdom in 2027, dropping Japan from fourth to sixth place in the global ranking, Japanese authorities said on October 14. The projection was contained in an IMF report.

TREE NEWS reports: Bitcoin dropped below $82,000 as US CPI inflation came in hot, driven by high oil prices. Bond yields targeted new 24-year highs alongside the decline in the largest cryptocurrency.

TREE NEWS update: Russian presidential press secretary Dmitry Peskov said on the 14th that cybersecurity issues are becoming increasingly urgent and that advanced technologies such as Starlink should not be used for military purposes. Peskov made the remarks in comments carried by Russian state media.

TREE NEWS update: SoftBank’s acquisition of ABB Robotics is proceeding normally within its original timetable, ABB Robotics China president Han Chen said on Oct. 12 during the Industrial Fair. The two sides announced the deal last year with completion expected in mid-to-late 2026, and Han said the project remains within that preset window as most of the schedule has now elapsed.

TREE NEWS update: Indian Prime Minister Modi met Canadian Foreign Minister Anita Anand to discuss trade, defence and energy. The meeting between the two sides covered bilateral cooperation in these three areas. No further details were disclosed.

TREE NEWS update: An explosion at Intel’s factory in the southern Israeli town of Kiryat Gat on 14 July injured three workers, Israeli media reported. The US chipmaker’s plant is a major production site in Israel. No further details on the cause of the blast or the condition of the injured workers were immediately given.

TREE NEWS reports: The Nasdaq 100 fell 1% on the day, extending its decline to a fresh session low. The index hit its weakest level of the trading day as selling pressure built. No further details were immediately available.

TREE NEWS reports: The S&P 500 fell to its intraday low, down 0.5% on the day. The index touched that level as selling pressure weighed on US equities, with the benchmark giving back earlier gains.

TREE NEWS reports: The US 30-year fixed mortgage contract rate rose 1 basis point to 7.50% in the week ended October 9, holding at its highest since November 2023, the Mortgage Bankers Association said Wednesday. The MBA purchase index fell 4% for a sixth straight weekly decline, the longest run since July-August 2023, hitting its lowest level since early 2025. The refinance index fell for an eighth week and the overall market index dropped 2.7%.

TREE NEWS update: Abu Dhabi sovereign investor Mubadala Investment Company plans to further expand its investments in China, targeting life sciences, energy and energy transition, infrastructure and technology over the next three to five years. The plan comes as the global investment environment grows more complex and geopolitical uncertainty rises.

TREE NEWS reports: Morgan Stanley’s chief financial officer said the firm took in about $500 billion in net new assets over the first nine months of the year. The figure was disclosed by the bank’s CFO and covers net new assets across the firm’s wealth management business. No further breakdown of the inflows was provided.

TREE NEWS update: The European Commission announced on October 14 that it proposes delaying by one year parts of the EU Methane Emissions Regulation covering fossil fuel importers, to ease administrative burdens on companies and member states and reduce pressure on energy supply. The postponed provisions mainly cover methane monitoring, reporting and verification obligations for natural gas, oil and coal importers, plus methane intensity reporting for importers and EU-based producers.

TREE NEWS reports: US September core CPI rose 0.33% month over month, above nearly all Wall Street forecasts and marking a second straight upside surprise, after a 0.29% gain in August. The reading strengthens the case for one more Fed rate hike this year, when nearly all officials projected an additional increase in their rate forecasts at last month’s unanimous vote.

TREE NEWS update: Two Singapore-registered container ships were struck by unidentified projectiles while transiting the Strait of Hormuz, and one of them subsequently sank, Singapore’s Maritime and Port Authority said in a statement late on the 14th. The agency confirmed the vessels were hit while passing through the strait.

TREE NEWS update: Beijing Party Secretary Yin Li met with Walmart President and CEO John Furner on October 14. Yin said the city is accelerating its push to become an international consumption center, optimizing the spatial layout of commercial resources and rolling out policies on 15-minute community life circles, upgrading supermarket formats and building a modern commercial distribution system to create a favorable environment for retailers.

TREE NEWS reports: US stocks opened lower after CPI came in above expectations, firming rate-hike bets, with the Dow down 0.2%, the S&P 500 down 0.5% and the Nasdaq down 0.6%. Bank of America fell about 8%, its biggest drop since April 2025, on weaker-than-expected third-quarter results, and Morgan Stanley slid about 5% after reporting. Memory and optical names fell broadly, with SK Hynix down 4% and Marvell down 3%.

TREE NEWS reports: The S&P 500 opened down 31.27 points, or 0.40%, at 7,774.18. The Nasdaq Composite fell 172.74 points, or 0.63%, to 27,031.64, while the Dow Jones Industrial Average opened 14.65 points higher, up 0.03%, at 51,684.75.

TREE NEWS update: Kremlin press secretary Dmitry Peskov said on the 14th that the content and scope of a Russia-Ukraine “energy ceasefire” have not been published, but work on it continues. He said Russia-Ukraine negotiations are proceeding intermittently with no agreed meeting yet scheduled, adding that it is too early to conclude that US military support for Ukraine has changed.

TREE NEWS update: White House National Economic Council director Kevin Hassett said the headline inflation figures were disappointing, while pointing to good news beneath the top-line numbers. Hassett said the energy shock was the main story of the day, and that the economy’s underlying strength remains evident.

TREE NEWS reports: China’s mainland smartphone shipments fell 12% year-on-year to 59.3 million units in the third quarter of 2026, the lowest for the period since 2013. Only Huawei and Apple among the top five brands posted positive growth, as the market split sharply between gainers and decliners.