Flash News

TREE NEWS reports: The dollar-yen pair fell to 157.0, trading at 156.967, down 1.7% over 24 hours. The move reflects continued yen strength against the dollar.

TREE NEWS update: Bank Negara Malaysia kept its overnight policy rate unchanged at 2.75% on Thursday, matching market expectations. The central bank’s decision reflects a balanced view on growth and inflation, with no change signaled in the near term. Analysts see the stance as supportive of economic recovery while monitoring global uncertainties.

TREE NEWS update: ByteDance is set to obtain a $29.6 billion syndicated loan, up from an initial $20 billion target due to strong bank demand. The funds will be used for general corporate purposes. The deal, not yet formally signed, would become Asia’s second-largest dollar-denominated syndicated loan this year, after SoftBank’s $40 billion bridge loan in March.

TREE NEWS reports: Chinese commodity futures closed lower on the day, with the container shipping (Europe route) main contract falling over 7%, fuel oil down nearly 4%, and lithium carbonate, coke, and coking coal down over 3%. LU fuel oil and asphalt fell over 2%. Palladium rose over 4%, while silicon iron, platinum, and silver futures gained over 2%.

TREE NEWS reports: Switzerland’s gross domestic product grew 1.9% quarter-on-quarter in the second quarter, accelerating from a revised 0.7% in the previous quarter. The data signals robust economic expansion, beating expectations. The figures were released by the Swiss authorities.

TREE NEWS reports: The Indonesian rupiah strengthened by 0.5%, reaching its highest level since May. The currency’s advance reflects improved market sentiment toward emerging-market assets.

TREE NEWS reports: China’s home textile exports reached $19.64 billion in the first seven months of 2024, up 3.7% year-on-year, according to the China Chamber of Commerce for Import and Export of Textile and Apparel. July alone saw exports of $3.06 billion, a 4.9% increase. The industry shows steady growth with improved product mix and diversified markets.

TREE NEWS update: China’s General Administration of Customs issued a notice on preventing the entry of poliomyelitis, effective September 3, 2026, following WHO’s August 25 declaration that polio transmission risk remains a Public Health Emergency of International Concern. The measure aims to protect public health and safety.

TREE NEWS reports: Ouyang Minggao, a CAS academician, said at the 2026 World Power Battery Conference that lithium iron phosphate (LFP) batteries will remain dominant for the next decade. He stressed both high-energy liquid/solid-state and low-cost LFP/sodium-ion routes are equally vital for China’s battery industry.

TREE NEWS reports: The US dollar dropped 1% against the Japanese yen, trading at 157.15. The move reflects market dynamics in the currency pair, with no specific catalyst cited.

TREE NEWS update: Russian Deputy Prime Minister Alexander Novak said OPEC+ will continue to significantly influence the oil market due to its large production volumes. His remarks underscore the group’s ongoing role in global supply dynamics.

TREE NEWS reports: US stocks rebounded Wednesday after ADP reported August private payrolls grew by just 38,000, below the expected 48,000 and the weakest since January. The Dow rose 0.56%, while the S&P 500 and Nasdaq each gained 0.46%, ending a three-day losing streak. Treasury yields fell and gold rose. However, CME FedWatch still shows a 62.3% chance of a September rate hike, ahead of Friday’s official jobs report.

TREE NEWS reports: Japan’s Nikkei 225 index closed 0.2% lower at 64,214.48 points. The broader Topix index gained 0.5% to 4,102.04 points. South Korea’s KOSPI rose 0.26% to 6,579.48 points.

TREE NEWS reports: Switzerland’s consumer price index rose 0.4% month-on-month in August, reversing a 0.1% decline in the previous month. The data, released by the Federal Statistical Office, marks a rebound in inflation after a dip in July.

TREE NEWS reports: Asian wheat importers have purchased at least 500,000 tonnes of Australian and Argentine wheat, as attacks on ships and grain infrastructure delay Black Sea shipments. Buyers, including Indonesia, the world’s second-largest importer, are paying notably higher prices for alternative supplies to meet domestic demand.

TREE NEWS update: On September 2, the US Southern Command released video showing it intercepted and sank a vessel in international waters of the Eastern Pacific, describing it as a floating gas station supplying fuel for illegal maritime drug trafficking. Since early September 2025, US forces have conducted multiple strikes on alleged drug boats in the Caribbean and Eastern Pacific, but have not provided evidence proving the targets were involved in narcotics.

TREE NEWS update: Russian President Vladimir Putin announced plans to construct data centers in the Arctic and the Far East. The initiative aims to leverage the region’s cold climate and abundant energy resources for efficient cooling and power supply. Details on investment or timelines were not disclosed.

TREE NEWS update: China’s Ministry of Water Resources activated a Level IV emergency response for flood defense in Jiangxi Province on [date]. The move comes as the province faces heightened flood risks. The ministry urged local authorities to strengthen monitoring and preparedness to mitigate potential impacts.

TREE NEWS update: On September 3, Oleh Kiper, head of the Odesa regional military administration, said the city was attacked by Russian forces in the early hours, leaving 17 people wounded, including three children. All casualties have received professional medical care.

TREE NEWS update: The People’s Bank of China Shanghai Headquarters will speed up pilot policies supporting foreign exchange settlement for new trade models, said Deputy Director Su Yun at a municipal press conference. The central bank unit has gathered corporate demands and coordinated multi-department efforts to revise supporting rules, aiming to bolster Shanghai’s trade hub function.