Flash News

TREE NEWS update: Shell’s chief financial officer said third-quarter 2026 diesel production rose 5% year on year. High charter-hire costs affected net debt on a non-cash basis, and the company expects the figure to normalize gradually in the future.

TREE NEWS update: China’s Defense Ministry spokesperson Senior Colonel Zhang Xiaogang said on October 29 that Japan’s insistence on provoking bloc confrontation will not win support, responding to questions about the US-Japan ‘Keen Edge 27′ exercise. The drills, described as the largest to date, focused on island-seizure operations, with Japan’s Self-Defense Forces deploying Type 25 surface-to-ship missiles and the US Marine Corps’ Expeditionary Ship Interdiction System deployed for the first time on Yonaguni Island, near Taiwan.

TREE NEWS update: Japan’s Air Self-Defense Force scrambled 442 times between April and September in response to Chinese and Russian military aircraft, up nearly 70% year-on-year, including 285 sorties against Chinese aircraft and 152 against Russian ones, Japan’s Defense Ministry said. Japanese Defense Minister Gen Nakatani called China-Russia joint patrols a “show of force” aimed at Japan. Chinese Defense Ministry spokesperson Senior Colonel Zhang Xiaogang said Japan’s surveillance and harassment of legitimate Chinese operations exposes a “persecution complex.”

TREE NEWS reports: AQR’s Quality Minus Junk (QMJ) factor rose 14.3% in July, its largest monthly gain since records began in 1957, after a record three-year run in which junk stocks outperformed quality names. Goldman Sachs’ basket of unprofitable tech stocks fell 11% in the third quarter, while Procter & Gamble rose 12.9% and Coca-Cola gained 17.3% since June 30. The prior two largest monthly QMJ gains occurred in November 2000 and October 2008, just before major bear markets.

TREE NEWS update: Jilin province issued a series of local government special bonds on Wednesday, including 15-year notes totaling 237 million yuan at a 1.96% yield and 30-year bonds totaling 3.77 billion yuan at yields of 2.19%-2.21%. It also sold 161 million yuan of 10-year general special bonds at a 1.65% yield. The 30-year tranche drew a bid-to-cover of 4.88 to 11.39 times.

TREE NEWS reports: Indonesia’s benchmark stock index dropped 3%, extending a decline that has weighed on Southeast Asian equities. The move marks a sharp single-session fall for the Jakarta market’s main gauge. No specific catalyst for the drop was given in the available material.

TREE NEWS update: ING plans to restructure its wholesale banking business, cutting about 400 jobs globally, with the changes effective from March 1, 2027. The Dutch bank expects the measures to incur about €175 million in pre-tax restructuring costs and to cut costs by roughly €75 million a year, fully effective from 2028. ING reported third-quarter net profit of €1.85 billion, up 3.5% year on year, with pre-tax profit up 5.7% to €2.705 billion.

TREE NEWS update: China’s Ministry of National Defense warned Taiwan’s ruling authorities that “Taiwan independence is a dead end and outsiders cannot be relied upon,” after a Taiwanese defense official said the U.S. Defense Department plans to send policy and military representatives to station long-term in Taiwan’s defense department. Ministry spokesperson Senior Colonel Zhang Xiaogang said colluding with external forces to seek independence by force is the root cause of instability in the Taiwan Strait.

TREE NEWS update: China Development Bank issued a 1-year bond of 100 billion yuan at a yield of 1.3091%, versus an expected 1.3000%, with a bid-to-cover ratio of 3.92 times and a marginal ratio of 1.18 times. It also sold a 5-year bond of 140 billion yuan at 1.3819%, against an expected 1.4300%, with a bid-to-cover ratio of 3.66 times and a marginal ratio of 2.93 times.

TREE NEWS reports: Bitcoin ETFs pulled in $424 million over three consecutive sessions, lifting October net inflows to $111 million and returning the month to positive territory. The three-day run included a $137 million single-day addition. The flows came despite a hawkish Federal Reserve decision and weaker crypto sentiment.

TREE NEWS update: Chinese Foreign Ministry spokesperson Guo Jiakun rejected Australia’s defense minister’s claim that China’s regional military growth places significant pressure on Southeast Asia, stating at a regular press briefing in Beijing that China adheres to peaceful development. Guo said the buildup is meant to safeguard national sovereignty, security and development interests, is not aimed at any country, and does not constitute military expansion. He urged relevant parties to view the matter objectively and stop making irresponsible remarks.

TREE NEWS update: Chinese Defense Ministry spokesperson Senior Colonel Zhang Xiaogang said the Philippines, as rotating chair of the ASEAN Defense Ministers’ Meeting-Plus, allowed individual politicians to act recklessly and abused its position to create obstacles that prevented the Chinese side from attending the 13th meeting. Zhang said the move seriously undermined ASEAN’s consensus principle and violated the ADMM-Plus spirit of openness and inclusiveness.

TREE NEWS update: North Korea fired more than 10 short-range ballistic missiles toward the sea on Thursday, which said the launch violated UN Security Council resolutions on North Korea. Chinese Foreign Ministry spokesman Guo Jiakun, asked about the launch at a regular press briefing, said relevant parties hold differing views on how to characterize the projectiles and called on all sides to address the root causes of the Korean Peninsula issue and pursue a political settlement.

TREE NEWS update: Pakistan has closed its airspace to airlines from China’s Taiwan region to uphold the one-China policy, becoming the first country to take such a measure, Defense Minister Asif said on the 28th. Chinese Foreign Ministry spokesperson Guo Jiakun said the one-China principle is a broad consensus of the international community and that Taiwan region residents face no obstacles in international travel.

TREE NEWS update: Sanrio Co. said in a statement on its Japanese corporate website that it has canceled all joint collaborations with the Japanese television drama VIVANT and halted related follow-up plans and promotional activities. The company issued an apology in the same statement. Sanrio did not specify a reason for the cancellation.

TREE NEWS update: China’s Foreign Ministry urged the United States to heed international calls and immediately end its blockade and sanctions on Cuba, after the UN General Assembly adopted a resolution on October 28 calling for an end to the US economic, commercial and financial embargo. Spokesperson Guo Jiakun said the 64-year embargo has brought deep suffering to the Cuban people, noting the UN has passed such resolutions 34 consecutive times since 1992.

TREE NEWS update: China’s Foreign Ministry spokesperson Guo Jiakun said on Oct. 29 that a persistent force in Japan seeks to vilify and smear China through cultural products and spread anti-China sentiment. Guo made the remarks at a regular press briefing in response to a question about Sanrio cancelling cooperation with a Japanese TV drama over its portrayal of Chinese characters that drew public backlash.

TREE NEWS update: China will take necessary measures to safeguard the rights of its companies after the US banned imports from three Chinese biotech firms over alleged forced labor, Foreign Ministry spokesman Guo Jiakun said at an Oct. 29 briefing. Guo said Beijing strongly opposes the move, calling the forced-labor claim a lie fabricated by anti-China elements, and urged Washington to stop using human-rights pretexts to interfere in China’s internal affairs.

TREE NEWS reports: China’s treasury futures closed higher, with the 30-year main contract up 0.09%, the 10-year up 0.11%, the 5-year up 0.07% and the 2-year up 0.02%. The across-the-curve gains came at the close of trading.

TREE NEWS update: China’s Commerce Ministry spokesperson Huang Ling said on the 29th that any discriminatory restrictions by the EU on Chinese products would prompt Beijing to take all necessary measures. Responding to reports that the EU is studying extending the China-EU trade understanding on hybrid vehicles to chemicals and other sectors, Huang said artificial limits on normal trade violate WTO rules and would raise costs for downstream industries and EU inflation.