Flash News

TREE NEWS reports: China’s trade surplus for September came in at $133.53 billion, up from a revised $119.09 billion in the prior month. The widening surplus reflects the gap between the country’s exports and imports for the month.

TREE NEWS reports: China’s imports rose 31% year on year in September measured in US dollars, accelerating from a 28.2% increase the previous month. The reading covers inbound trade value for the month.

TREE NEWS reports: The Hang Seng Tech Index extended its intraday gain to 1%. The move marks a rebound for the Hong Kong-listed technology gauge during the session.

TREE NEWS update: European Central Bank President Christine Lagarde said the primary and most fundamental remedy for France’s debt problem lies in France’s own fiscal policy. Asked about the country’s debt situation, Lagarde pointed to national fiscal policy as the first line of response, without indicating any change in the ECB’s own stance.

TREE NEWS update: European Central Bank (ECB) President Christine Lagarde said the primary and most fundamental remedy for France’s debt problem lies in France’s own fiscal policy. When asked about the country’s debt situation, Lagarde pointed out that national fiscal policy is the first line of response, without indicating any change in the ECB’s own stance.

TREE NEWS update: European Central Bank (ECB) President Christine Lagarde stated that the main and most fundamental solution to France’s debt problem lies in France’s own fiscal policy. When asked about the country’s debt situation, Lagarde pointed out that national fiscal policy is the first line of response, while showing no change in the ECB’s own position.

TREE NEWS update: European Central Bank (ECB) President Christine Lagarde stated that the primary and most fundamental solution to France’s debt problem lies in France’s own fiscal policy. When asked about the country’s debt situation, Lagarde pointed out that national fiscal policy is the first line of defense, but indicated no change in the ECB’s own stance.

TREE NEWS update: An IMF official said countries need to address their debt problems before markets force intervention, warning that rising debt-servicing costs have raised the stakes. The official said a wealth tax is one possibility, but a mix of corporate income, inheritance and capital gains taxes may work better. Fuel subsidies are extremely expensive for a typical country, making targeted subsidies preferable, while better tax administration and collection efficiency can support growth.

TREE NEWS reports: A senior IMF official said countries need to address their debt problems before markets force intervention, warning that rising debt-servicing costs are increasing risks. The official noted that while a wealth tax is one option, a combination of corporate income tax, inheritance tax, and capital gains tax may be more effective. Fuel subsidies are extremely costly for a typical country, so targeted subsidies are preferable, and improving tax administration and collection efficiency can support growth.

TREE NEWS reports: European Central Bank President Christine Lagarde said rising energy prices are the main cause of higher inflation, but not the only one. She added that no second-round effects have yet been observed. Lagarde did not provide further details on the inflation outlook or monetary policy stance.

TREE NEWS update: European Central Bank Governing Council member Pierre Wunsch said his policy view has not changed sharply since the September meeting, adding that the ECB may have to raise interest rates again. He said the economy may prove more resilient than previously expected and that inflation remains too high. The long end of the yield curve has tightened since September, he noted.

TREE NEWS update: Vietnam’s deputy prime minister said the country has submitted its final comments to the United States regarding a trade agreement. The remark concerns ongoing bilateral trade negotiations between Washington and Hanoi. No further details were disclosed regarding the timing or terms of a potential deal.

TREE NEWS update: Vietnam’s deputy prime minister said the country has submitted its final comments to the United States on a trade agreement. The statement concerns ongoing bilateral trade negotiations between Washington and Hanoi. No further details on the timing or terms of a potential deal were disclosed.

TREE NEWS reports: Vietnam’s deputy prime minister said the country has submitted its final comments to the United States regarding a trade agreement. The remark concerns ongoing bilateral trade negotiations between Washington and Hanoi. No further details were disclosed regarding the timing or terms of a potential deal.

TREE NEWS reports: China’s trade with the United States continued to recover in the first three quarters of the year, with total imports and exports reaching 3.18 trillion yuan, up 4.1%, Vice Minister of the General Administration of Customs Wang Jun said at a State Council Information Office press conference.

TREE NEWS update: China’s Finance Minister Lan Fo’an will lead the Chinese delegation to the 33rd APEC Finance Ministers’ Meeting, to be held in Hong Kong on October 20-21, and will chair the meeting. Finance ministers or their representatives from 21 APEC economies, along with heads of relevant international organizations and senior partner representatives, will attend. Vice Minister Liao Min will speak on behalf of China.

TREE NEWS update: China and North Korea have agreed to officially open the new Yalu River bridge on October 15, with both sides jointly holding an opening ceremony that day. The cross-border bridge links the two countries across the Yalu River.

TREE NEWS reports: China’s three main A-share indices all turned positive, with the ChiNext Index recovering after falling more than 1% earlier in the session. PCB, oil and gas, gaming and coal sectors led the gains, while nearly 2,000 stocks across the Shanghai, Shenzhen and Beijing exchanges advanced.

TREE NEWS reports: China’s monthly goods trade exceeded 5 trillion yuan for the first time in September, with imports and exports reaching 5.16 trillion yuan, up 27.5% year on year, customs statistics show. Exports rose 29.6% to 3.03 trillion yuan and imports grew 24.6% to 2.13 trillion yuan. For the first three quarters, total goods trade reached 39.94 trillion yuan, up 18.8%, with monthly growth in double digits for six straight months.

TREE NEWS reports: Chinese oil and gas stocks advanced in volatile trading, with Bomesc Offshore Engineering hitting the daily limit up. Keli Shares, China Oilfield Services, Xinchao Energy, Xinjiang Xintai Natural Gas and CNOOC each gained more than 4%.