Flash News

TREE NEWS update: Brent crude fell 2.0% in intraday trading, changing hands at $104.48 a barrel. The move represents a session decline for the global oil benchmark, with the price at the time of the drop standing at $104.48 a barrel.

TREE NEWS reports: Brent crude traded down 2.0% in intraday trading at $104.48 a barrel. This marks a session decline for the global crude benchmark, with the price at the time of the drop recorded at $104.48 a barrel.

TREE NEWS update: Hong Kong’s Environmental Protection Department recorded higher-than-usual air pollution levels starting the afternoon of October 13, with the Air Quality Health Index at some monitoring stations reaching the “Serious” health risk category. The elevated readings were logged from the afternoon onward.

TREE NEWS reports: Hong Kong’s Environmental Protection Department recorded higher-than-usual air pollution levels starting from the afternoon of October 13, with the Air Quality Health Index reaching the “Serious” health risk category at some monitoring stations. The elevated readings were recorded from the afternoon onward.

TREE NEWS reports: The Hong Kong Environmental Protection Department announced that since the afternoon of October 13, air pollution levels have been recorded higher than usual, and at some monitoring stations, the Air Quality Health Index has reached the ‘Serious’ health risk category. The elevated figures were recorded after the afternoon.

TREE NEWS update: Hong Kong’s Environmental Protection Department announced that since the afternoon of October 13, air pollution levels have recorded higher-than-normal readings, with the Air Quality Health Index at some monitoring stations reaching the “Serious” health risk category. The elevated readings were recorded from the afternoon onward.

TREE NEWS update: The Hong Kong Environmental Protection Department announced that since the afternoon of October 13, air pollution levels have recorded higher-than-usual figures, and at some monitoring stations, the Air Quality Health Index has reached the ‘Severe’ health risk category. The elevated figures were recorded after the afternoon.

TREE NEWS reports: The Hong Kong Environmental Protection Department announced that since the afternoon of October 13, air pollution levels have recorded higher-than-usual figures, and at some monitoring stations, the Air Quality Health Index has reached the ‘Serious’ health risk category. The elevated readings were recorded after the afternoon.

TREE NEWS update: Federal Reserve Governor Christopher Waller said rising long-term US Treasury yields are helping cool demand in rate-sensitive sectors such as housing and autos, acting as a degree of monetary tightening. “When yields go up, does it have an impact on rate-sensitive industries like housing, like autos? Of course it does,” Waller said, adding that while this was not the Fed’s intent, higher yields have “done some of the work.”

TREE NEWS update: Huang Qifan, former deputy secretary of the Chongqing Municipal Party Committee and former mayor of Chongqing, is under investigation on suspicion of serious disciplinary and legal violations. He is currently undergoing disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission.

TREE NEWS reports: The US NFIB Small Business Optimism Index came in at 97.9 for September, missing the 98.0 expected and down from 98.7 the prior month. The reading marks a decline in small-business sentiment from August.

TREE NEWS update: The Bank of Korea will review the operational effectiveness of its K-DOT dot plot system next year or later, the central bank’s governor said. The review aims to strike the best balance between too much and too little forward guidance. No specific date for the assessment was given.

TREE NEWS update: Henan’s Local Financial Administration issued trial rules for supervising financial leasing companies, raising the minimum registered capital to 200 million yuan or equivalent foreign currency. The rules list 14 prohibited business activities and bar roads, bridges and other structures as eligible leased assets, closing a channel for hidden local government debt.

TREE NEWS update: Ukrainian President Volodymyr Zelensky said on the 13th that Ukraine has not struck Russian oil refineries or its energy sector in the two days since US President Donald Trump announced an energy ceasefire between Ukraine and Russia. In a social media post, Zelensky also accused Russia of continuing to attack Ukrainian energy facilities and critical infrastructure, saying Moscow has sent an extremely clear signal that it does not intend to stop its strikes on Ukraine.

TREE NEWS reports: Bitcoin liquidity kept BTC below $84,000 as a sell-off in South Korean technology and semiconductor stocks deepened, weighing on the KOSPI. The resistance level held as Korean tech shares extended losses.

TREE NEWS update: The Kremlin said consultations on an energy ceasefire that US President Donald Trump referenced remain ongoing, TASS reported. Moscow gave no further detail on the state of the talks or on which parties are involved. Trump had earlier pointed to progress on a truce covering energy infrastructure.

TREE NEWS reports: Liang Hong, founder of the 10-billion-yuan private fund Hainan Xiwa, said in a weekly letter to fund holders that unidentified insurance asset managers bought Chinese tech stocks at July highs and then sharply cut positions in late September to stop losses. He said long-term capital that should act as a market stabilizer instead amplified the decline. Insurers declined to comment on short-term market moves.

TREE NEWS update: Formula 1 has signed a 10-year agreement with Rwanda to host an African Grand Prix in the early 2030s, marking the sport’s return to the continent for the first time since South Africa in 1993. The first race will be held once a new circuit is completed in Bugesera, Rwanda.

TREE NEWS reports: Goldman Sachs chief China equity strategist Kinger Lau and team said in a report that Chinese AI-related listed companies have created nearly $5 trillion in market value through share price gains and IPOs since the “DeepSeek moment” at the start of 2025. AI stocks now account for 42% of total A-share and Hong Kong market capitalization and 57% of total turnover. China holds roughly 50% global market share in some AI power and infrastructure segments.

TREE NEWS update: Bank of Korea Governor said on October 13 that it remains to be seen whether the AI boom will push up the policy neutral rate, adding that AI-driven growth is outweighing the drag from the oil shock but risks remain. He said the South Korean economy sits at the intersection of an AI boom and an energy shock, and that no rate cut is currently needed.