Flash News

TREE NEWS reports: The International Energy Agency said in its monthly report that tight diesel supply conditions will continue through 2027. The agency’s assessment points to a prolonged period of constrained distillate availability in global markets. No further figures or details were disclosed in the report.

TREE NEWS update: A union representing more than 1,000 workers at Chile’s Escondida mine said it is in wage talks with operator BHP Group to avert a strike at the world’s largest copper mine. Union president Alexis Barrera said Wednesday that a deal is “possible,” hours after the union declared negotiations over at the midnight deadline and vowed to strike from 8 a.m. local time Wednesday. An agreement would ease supply tightness in a sector straining to meet demand driven by data-center and power-grid investment.

TREE NEWS update: A union representing more than 1,000 workers at Chile’s Escondida mine said it is in wage negotiations with operator BHP Group to avert a strike at the world’s largest copper mine. Union leader Alexis Barrera said Wednesday a deal was “possible.” That came hours after the union declared talks had broken down by the midnight deadline and said it would begin a strike at 8 a.m. local time Wednesday. A deal would ease supply shortages for an industry struggling to meet demand driven by investment in data centers and power grids.

TREE NEWS update: Jiayuan Technology announced it expects revenue of RMB 12.5 billion to RMB 13.2 billion for the first three quarters of 2026, up 91.13% to 101.83% year on year, with net profit attributable to shareholders of RMB 530 million to RMB 580 million, a rise of 1,196.60% to 1,318.92%. Non-GAAP net profit is forecast at RMB 360 million to RMB 390 million, up 3,065.71% to 3,329.52%. The figures are unaudited.

TREE NEWS update: China Development Bank issued a 1-year bond with a size of 3 billion yuan and an issuance yield of 1.3902%, against an expected 1.3900%. The bid-to-cover ratio was 4.05 times, with a marginal ratio of 1.12 times.

TREE NEWS reports: China Development Bank issued 3 billion yuan of 1-year bonds at an issuance yield of 1.3902%, above the expected 1.3900%. The bid-to-cover ratio was 4.05x, and the marginal ratio was 1.12x.

TREE NEWS reports: Air quality readings in parts of Singapore rose to the highest level in the government’s four-tier grading system on Wednesday, as wildfire haze from Indonesia continues to affect large parts of Southeast Asia. The National Environment Agency recorded a one-hour average PM2.5 concentration of 284 micrograms per cubic metre in the western region, where a reading of 251 or above is classified as “very high”. The other four regions were at “elevated” or “high” levels.

TREE NEWS reports: Bitcoin’s hashprice stands at $39.05 per PH/s per day with network hashrate around 1,014 EH/s, putting a 270 TH/s Antminer S21 XP at roughly $10.54 in daily gross revenue. mempool.space projects the next difficulty adjustment will rise 4.82% in 552 blocks, trimming that machine’s daily revenue to about $10.04. CoinShares put Q2 2026 listed-miner weighted average cash cost at about $75,500 per bitcoin.

TREE NEWS update: Chinese President Xi Jinping sent a congratulatory letter on October 14 to the 140th China Import and Export Fair, known as the Canton Fair. The letter was announced by Xinhua. The Canton Fair is China’s largest trade exhibition, held in Guangzhou.

TREE NEWS update: Oman’s Foreign Minister Badr al-Busaidi said in Islamabad that Oman has concluded discussions with Iran on a Strait of Hormuz agreement, but the final arrangement depends on the outcome of US-Iran talks and other outstanding issues. The two sides agreed on an interim arrangement pending those negotiations.

TREE NEWS update: China’s Foreign Ministry spokesperson Mao Ning said on Oct 14 that this year’s China International Import Expo will again provide free booths to least developed countries and upgrade the Asia-Africa product zone to help African countries with diplomatic ties benefit from zero-tariff treatment. She also noted the Canton Fair’s 70th anniversary, with 32,000 companies exhibiting, including over 11,000 high-quality firms.

TREE NEWS update: China’s Foreign Ministry said a delegation from Heilongjiang province visited Yuzhno-Sakhalinsk, the capital of Russia’s Sakhalin region, in recent days for friendly exchange activities. Spokesperson Mao Ning made the remarks at a regular press briefing on October 14, responding to a question about a reported visit to the islands disputed between Russia and Japan. Mao said she would not comment on commercial activities conducted by private enterprises during the visit.

TREE NEWS update: China and North Korea will officially open the new Yalu River bridge on October 15, with both sides holding a joint opening ceremony that day, Chinese Foreign Ministry spokesperson Mao Ning said. The bridge is a key connectivity link between the two neighbors and is expected to further boost bilateral trade, economic exchanges and people-to-people travel.

TREE NEWS reports: China’s treasury futures closed with the 30-year main contract up 0.19%, the 10-year up 0.02%, the 5-year flat at 0.00% and the 2-year up 0.01%. The session’s modest gains were led by the longest-dated contract.

TREE NEWS reports: Treasury futures closed mixed, with the 30-year main contract up 0.19%, the 10-year main contract up 0.02%, the 5-year main contract flat at 0.00%, and the 2-year main contract up 0.01%. Gains on the day were led by the ultra-long contract, while moves in the other tenors were limited.

TREE NEWS update: Treasury futures closed mixed, with the 30-year main contract up 0.19%, the 10-year main contract up 0.02%, the 5-year main contract flat at 0.00%, and the 2-year main contract up 0.01%. Gains on the day were led by the ultra-long contract, while moves in the other tenors were limited.

TREE NEWS reports: TrendForce forecasts the world’s top nine cloud service providers will spend more than $957 billion on capex in 2026, up 106% year on year, and over $1.5 trillion in 2027, up 60%. The nine CSPs are Google, Amazon, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba and Baidu. TrendForce raised its 2027 growth estimate from 50% to 60%, citing higher server prices, component shortages and prepayment demands from suppliers.

TREE NEWS reports: TrendForce forecasts that the world’s top nine cloud service providers (CSPs) will spend more than $957 billion on capex in 2026, up 106% year-over-year, and over $1.5 trillion in 2027, up 60%. These nine CSPs include Google, Amazon, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba, and Baidu. TrendForce has raised its 2027 growth forecast from 50% to 60%, citing higher server prices, component shortages, and upfront payment requirements from suppliers.

TREE NEWS update: TrendForce projects that the world’s top nine cloud service providers (CSPs) will spend over $957 billion on capital expenditure in 2026, a 106% year-over-year increase, and surpass $1.5 trillion in 2027, a 60% increase. These nine CSPs include Google, Amazon, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba, and Baidu. TrendForce has revised its 2027 growth forecast upward from 50% to 60%, citing rising server prices, component shortages, and suppliers’ demands for prepayment.

TREE NEWS update: TrendForce forecasts that the world’s top 9 cloud service providers (CSPs) will spend more than $957 billion on capex in 2026, up 106% year-over-year, and exceed $1.5 trillion by 2027, up 60%. These 9 CSPs include Google, Amazon, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba, and Baidu. TrendForce has revised up its 2027 growth forecast from 50% to 60%, citing rising server prices, component shortages, and suppliers demanding prepayment.