Flash News

TREE NEWS update: Bulgaria is asking the European Union and NATO to investigate a strike on a cargo vessel, the government said. The move puts a commercial shipping incident before both the bloc and the military alliance. No further details on the vessel, the damage or the timing were given in the statement.

TREE NEWS reports: Goldman Sachs expects US companies to return a record $1.7 trillion to shareholders through stock buybacks by 2027, cushioning equity supply that is set to rise sharply next year. The bank said buybacks, together with strong demand from households and foreign investors, should be enough to absorb the new shares and shield market valuations from dilution near record highs.

TREE NEWS reports: ICE UK natural gas futures rose 3.15% to 208.950 pence per therm in late European trading on Monday, October 12, touching 210.080 pence at 23:09 Beijing time and approaching the September 14 high of 213.950 pence. TTF benchmark Dutch gas futures gained 4.92% to 84.181 euros per megawatt-hour, nearing the September 14 intraday peak of 84.531 euros. ICE EU carbon emissions allowances rose 1.10% to 87.90 euros per tonne.

TREE NEWS reports: Germany’s DAX 30 index closed provisionally up 0.68% at 25,258.81. France’s benchmark gained 0.26%, Italy’s index rose 0.44% with its bank index up 0.50%, and the UK index added 0.83%.

TREE NEWS reports: The STOXX Europe 600 index closed up 0.52% at 634.86. The eurozone’s STOXX 50 rose 0.37% to 6,196.42, while the FTSE Eurotop 300 gained 0.51% to close at 2,535.91.

TREE NEWS update: UK Prime Minister Burnham said he never claimed that Russia interfered in the result of the Brexit referendum. The statement addresses the question of alleged Russian meddling in the 2016 vote.

TREE NEWS update: An avalanche at Codelco’s El Teniente copper mine in Chile killed two subcontractor employees who had been inspecting the open-pit area and were initially listed as missing, the state-owned company said. The two were confirmed dead on Sunday, October 11. Union leader Amador Pantoja said the open-pit area remained halted on Monday, while underground operations and the concentrator plant continued normally; the pit accounts for less than 10% of the mine’s total output.

TREE NEWS update: UK Prime Minister Burnham told the House of Commons on October 12 that refusing to explore new forms of cooperation with the EU would be a “major dereliction of duty,” saying the existing relationship no longer meets Britain’s needs. He said a deal that boosts economic growth serves UK interests and that he will push the talks over the next five weeks, advocating open discussion of a long-term relationship to spur growth, manage migration, uphold shared values and safeguard security.

TREE NEWS reports: Kazakhstan’s central bank is shifting from major gold buyer to seller, planning to cut gold’s share of its foreign reserves from about 78% to 75% by the end of this year. Rising US Treasury yields are prompting the bank to reassess its allocation between gold and dollar assets. World Gold Council data show Kazakhstan was the world’s fourth-largest central bank gold buyer in the first eight months of 2026, behind Poland, China and Uzbekistan.

TREE NEWS reports: The US dollar gained 0.5% against the Swiss franc on the day, with USD/CHF trading at 0.8343. The move marks a session gain for the greenback versus the franc.

TREE NEWS reports: Low-sulfur fuel oil futures closed the night session up about 6.7%, while fuel oil rose roughly 4.5%. Coking coal finished roughly flat. The moves came in night trading on China’s commodity futures market.

TREE NEWS update: Kremlin spokesman Dmitry Peskov said on the 12th that Russia seeks a lasting peace rather than a truce, commenting on Ukrainian President Volodymyr Zelensky’s remarks that Ukraine would hold elections if Russia agreed to a 60-day ceasefire. Peskov said Moscow has stated on multiple occasions that it needs a long-term peace, not a cessation of hostilities, and will do everything to achieve that goal.

TREE NEWS update: UK Prime Minister Burnham said the upcoming UK-EU summit will be an opportunity to raise Britain’s concerns over ‘Made in Europe’ rules. He framed the meeting as a chance to put the issue on the table with European counterparts. No further details or dates were given.

TREE NEWS update: UK Prime Minister Burnham welcomed the Russia-Ukraine energy ceasefire announced by US President Donald Trump. Burnham’s statement of support came after Trump’s announcement of the truce covering energy infrastructure. No further terms or timeline for the ceasefire were disclosed.

TREE NEWS update: The initial public offering of Nigerian billionaire Aliko Dangote’s refinery has been extended by 10 days so investors from other African countries can take part, a company executive and an adviser to the deal said. The IPO, launched about a month ago, had been due to close on Tuesday. The public offering aims to raise up to $2.1 billion for refinery expansion, potentially Africa’s largest-ever stock sale.

TREE NEWS update: Saudi Arabia’s King Khalid International Airport in Riyadh will remain closed until 21:00 UTC on October 17, or midnight local time on October 18. The closure of the capital’s main airport was announced in a NOTAM-type advisory citing local time.

TREE NEWS update: China’s National Railway Administration released the 15th Five-Year Plan for railway science and technology innovation, tasking the sector with iterative design of rolling stock capable of 400 km/h batch operations and with developing a CR450 train series. The plan sets out key tasks in basic and frontier research, engineering and construction, technical equipment, transport services, digital-intelligent railways, safety, and green low-carbon development. It aims to basically complete a science and technology innovation system leading railway modernization by 2030.

TREE NEWS update: Poland’s Armed Forces Operational Command chief Irenusz Nowak said on October 12 that deliveries of Patriot PAC-3 missiles will “certainly be delayed,” and that other weapons contracts signed with the United States may also face delays. The statement was made locally on October 12.

TREE NEWS update: Chery plans to extend its compact Tiggo 4 model to France this month, Chery International executive deputy general manager Aaron Zheng said at a Paris auto show media event. The all-electric Chery Q will launch in France in mid-2027. Chery France head Yu Hanbang said the Omoda and Jaecoo brands aim for 200 French dealers by end-2027, with the Chery brand targeting 100, and more than 20 models across powertrains in two years.

TREE NEWS reports: Investors pulled money from US mortgage bond funds over the past three weeks at a pace ranking among the seven worst since the start of 2021, as surging interest rates drove capital out of volatile assets. The Bloomberg US Mortgage-Backed Securities Index posted its second-worst September on record. The selloff followed Treasury yields climbing to multi-decade highs, driven by soaring oil prices, inflation concerns and expectations of Fed rate hikes.