Flash News

TREE NEWS reports: The Yiwu-Xinjiang-Europe freight rail service has handled more than 200,000 TEU of import and export containers so far in 2025, as of October 7. The service, one of China’s national assembly centers for China-Europe trains, now runs 27 stable routes reaching over 160 cities in more than 50 countries and regions across Asia and Europe.

TREE NEWS update: A Houthi attack on a terminal at Riyadh’s King Khalid International Airport on October 10 killed 12 people and wounded 309, Saudi Arabia’s General Authority of Civil Aviation said early on October 11. The dead include four Saudis, two Bangladeshis and six others from the US, Egypt, Jordan, Syria, Palestine and Sudan. Coalition spokesman Turki al-Maliki called the strike a war crime and said the coalition would respond firmly.

TREE NEWS update: Donald Trump said he believes Volodymyr Zelensky should hold elections, adding that the Ukrainian president does not want to reach an agreement. Trump also called an attack on Saudi Arabia “too terrible” and said a Supreme Court ruling was “very bad for the country.”

TREE NEWS reports: Donald Trump said he believes Volodymyr Zelensky must hold elections, adding that the Ukrainian president does not want to reach an agreement. Trump also called the attack on Saudi Arabia “too terrible,” and said the Supreme Court ruling is “very bad for the country.”

TREE NEWS update: President Trump appointed Katie Bailey as director of legislative affairs, while James Braid stepped down from his legislative affairs post. The personnel change was reported on Tuesday. No reason was given for Braid’s departure.

TREE NEWS update: US Secretary of State Marco Rubio said on the evening of October 10 that the United States strongly condemns the attack on Saudi Arabia, and confirmed that an American citizen was among those killed at Riyadh’s King Khalid International Airport. Saudi Arabia’s General Authority of Civil Aviation said the attack on the airport that afternoon killed at least 12 people and injured 309. The dead include four Saudi citizens, two Bangladeshi citizens, and one each from the US, Egypt, Jordan, Syria, Palestine and Sudan.

TREE NEWS update: Seres Group and CATL signed a deepened long-term strategic cooperation agreement in Chongqing on October 10. The two will deepen cooperation on battery safety, industrial chain coordination and global ecosystem collaboration. CATL will continue to increase its investment in Chongqing and strengthen local industrial coordination with Seres to help build the city’s trillion-yuan high-end intelligent connected new energy vehicle industry cluster.

TREE NEWS reports: Seres Group and CATL signed a broader long-term strategic cooperation agreement in Chongqing on October 10. The two parties will strengthen cooperation in battery safety, industrial chain coordination, and global ecosystem collaboration. CATL will continue to increase investment in Chongqing and enhance local industrial coordination with Seres to support the city’s development of a trillion-yuan high-end intelligent connected new energy vehicle industrial cluster.

TREE NEWS update: China’s Ministry of Industry and Information Technology, together with the Ministry of Public Security, the Ministry of Ecology and Environment and the State Administration for Market Regulation, on October 10 drafted a consultation notice tightening management of automotive product innovation design and R&D testing verification. The China Association of Automobile Manufacturers voiced firm support and issued an industry-wide call to raise vehicle safety standards.

TREE NEWS update: Saudi Arabia’s General Authority of Civil Aviation said King Khalid International Airport in Riyadh was attacked again on the afternoon of October 10, injuring multiple people, with casualty figures still being tallied. The authority said it has temporarily suspended operations at the airport to complete a damage assessment and inspect facility safety, and that it is coordinating with relevant authorities. It said the airport was attacked twice on October 8, killing three Saudi citizens.

TREE NEWS reports: EU leaders meeting in Brussels next week will discuss a slimmed-down budget after negotiators cut roughly €160 billion from the European Commission’s €2 trillion proposal for the bloc’s next seven-year budget. The Irish compromise plan trims about 8% from the original figure, but the next budget would still be about 30% larger in nominal terms than the current multiannual financial framework.

TREE NEWS update: US President Donald Trump said on October 10 that the United States “may” join Saudi Arabia in strikes against the Houthis following recent attacks, including one on Riyadh airport. “We will consider it carefully,” Trump said when asked about the attack on the Saudi capital’s airport.

TREE NEWS update: Hurricane Isaias made landfall in Florida on the evening of August 9 local time, leaving at least four people dead across the United States. As of 4 p.m. local time on August 10, more than 625,000 customers in Florida, Alabama and Georgia remained without power. The National Hurricane Center said Isaias has weakened to a post-tropical cyclone, though heavy rain and strong winds remain possible.

TREE NEWS update: Saudi Arabia’s civil aviation authority said an attack on Riyadh’s King Khalid International Airport killed 12 people and injured 309, in a statement issued early on the 11th. The airport was struck again on the afternoon of the 10th, and operations were suspended to assess damage and inspect facilities after repeated attacks on Saudi civil aviation sites.

TREE NEWS reports: According to people familiar with the matter, Ronin Capital’s ‘Cypress’ hedge fund fell about 30% in the third quarter, erasing nearly all of the 44% gain it had achieved from the start of the year through the end of June. The fund dropped roughly 25% in July alone and continued to slide in the following months, leaving its year-to-date return at just 0.6% as of the end of September.

TREE NEWS update: According to people familiar with the matter, Ronin Capital’s ‘Cypress’ hedge fund fell about 30% in the third quarter, erasing nearly all of the 44% gain it had achieved from the start of the year through the end of June. The fund dropped roughly 25% in July alone and continued to slide in the following months, leaving its year-to-date return at just 0.6% as of the end of September.

TREE NEWS reports: Lone Pine Capital’s Cypress hedge fund fell about 30% in the third quarter, wiping out almost all of its 44% gain for the year through June, people familiar with the matter said. The fund dropped nearly 25% in July alone and lost further ground in subsequent months, leaving it up just 0.6% for the year through the end of September.

TREE NEWS reports: According to people familiar with the matter, Lone Pine Capital’s Cypress hedge fund fell about 30% in the third quarter, erasing nearly all of its 44% gain from the start of the year through the end of June. The fund dropped nearly 25% in July alone and continued to lose momentum in the following months, leaving its year-to-date gain at just 0.6% through the end of September.

TREE NEWS reports: According to people familiar with the matter, Lone Pine Capital’s hedge fund Cypress fell about 30% in the third quarter, giving back nearly all of the 44% gain it had racked up from the start of the year through the end of June. The fund dropped roughly 25% in July alone and continued to lose momentum over the following months, leaving it with a year-to-date return of just 0.6% as of the end of September.

TREE NEWS update: According to people familiar with the matter, Ronin Capital’s hedge fund ‘Cypress’ fell about 30% in the third quarter, giving back nearly all of the 44% gain it had recorded from the start of the year through the end of June. The fund dropped about 25% in July alone and continued to decline over the following months, leaving it up just 0.6% year-to-date as of the end of September.