Flash News

TREE NEWS reports: Cliffwater’s private credit fund has received redemption requests totaling 16% of its assets, signaling growing investor unease in the private credit market. The figure, reported recently, highlights liquidity pressures as investors seek to exit. Cliffwater has not yet commented on how it will handle the redemptions.

TREE NEWS update: White House AI and crypto czar David Sacks praised an agreement between Nvidia and Hugging Face, calling it a positive step for AI development. The deal, announced this week, aims to boost AI infrastructure and accessibility. Sacks highlighted the collaboration as a model for public-private partnership, emphasizing its potential to accelerate innovation while maintaining safety standards.

TREE NEWS update: OpenAI has teased an upcoming model named Astra, with a video showing a switch between ‘ASTRA’ and ‘A6TRA’, suggesting the model could be called GPT-6-Astra. The announcement hints at a major release in the AI space, though no specific date or details have been provided.

TREE NEWS reports: Multiple AI companies are experiencing service disruptions. OpenAI said ChatGPT and Codex are currently facing issues, while Anthropic is investigating errors with Claude and xAI is looking into a Grok outage. Downdetector shows over 12,000 reports for OpenAI, about 1,200 for Claude, and roughly 1,000 for Grok.

TREE NEWS reports: Gold prices jumped 3% to $4,547.1 per ounce intraday, with spot gold up 2.5% at $4,498.02, while silver gained 3.5%. The moves came after Fed Governor Christopher Waller signaled he would support keeping rates unchanged if inflation continues to ease. US 10-year Treasury yields fell to 4.73% premarket, and Mischler’s Tom di Galoma said Waller’s comments gave the bond market relief.

TREE NEWS update: Bank of England Chief Economist Huw Pill said that against a backdrop of energy price uncertainty, “fine-tuning” interest rates is problematic. He noted the Monetary Policy Committee should be cautious in using extreme “hypothetical” scenarios to illustrate its analytical framework. Rapid hikes in Bank Rate could curb some potential hidden “catch-up” effects, but such increases would not signal the start of a “persistent and aggressive” tightening cycle.

TREE NEWS reports: Silver prices surged 3.0% in New York trading, reaching $67.45 per ounce. The sharp gain reflects strong buying momentum in the precious metals market.

TREE NEWS update: OpenAI announced that ChatGPT and Codex are currently experiencing outages. The company has not provided further details on the cause or expected resolution time. Users have reported issues accessing both services.

TREE NEWS reports: In night trading, LPG futures rose approximately 3.8%, coking coal gained about 1%, and fuel oil climbed 0.9%. Coke and PVC each advanced 0.8%, while iron ore rose roughly 0.6%. Palm oil fell more than 0.5%.

TREE NEWS update: Mingxin Xuteng (603068) said its stock rose 24.81% over three sessions to Sept. 3, closing at 23.5 yuan, after a surge. The company, focused on automotive interior materials, clarified it has no humanoid robot business, orders, or industrialization capability. It posted a net loss of 47.8 million yuan in H1 2026, with subsidiary Liaoning Fuxin halted production.

TREE NEWS update: President Donald Trump said, “We are stocking up on ammunition,” according to a statement. The remarks, reported on [date], suggest preparations for potential conflict. No further details were provided.

TREE NEWS update: Yangtze Memory Holdings Co., Ltd. has had its STAR Market IPO review status changed to ‘Under Inquiry’. The move indicates progress in the review process for the chipmaker’s planned listing.

TREE NEWS update: Anthropic announced it is investigating an outage affecting its Claude AI assistant and is working to resolve the issue. The company said it is taking steps to fix the problem but provided no further details or timeline for restoration.

TREE NEWS reports: A user reported that OpenAI is experiencing numerous outages. The reports come from DownDetector, a service that tracks service disruptions. The specific services affected and the scope of the outage have not yet been detailed.

TREE NEWS update: SpaceX reported that its Grok system is experiencing an outage and is under investigation. The company acknowledged the issue but provided no further details. Users may be affected as technicians work to resolve the problem.

TREE NEWS reports: China’s CDC reported that during week 35 (Aug 24-30, 2026), influenza virus was the top respiratory pathogen in outpatient sentinel samples at 17.7% positivity, followed by COVID-19 at 15.8% and rhinovirus at 2.8%. Flu activity has risen slightly, while COVID-19 positivity continues to decline.

TREE NEWS reports: Bitcoin rose as much as 2.9% on Thursday, lifting crypto-related stocks in early US trading. Strategy gained 11%, Coinbase 8.6%, Robinhood Markets 15%, Circle Internet Group 13%, Galaxy Digital 10%, Bullish 9.6%, and Gemini Space Station 7.6%. Macroeconomic conditions continue to exert significant influence on the crypto market.

TREE NEWS update: COSCO Shipping Special Transport’s general manager Gu Weidong led a delegation to visit BYD Auto on September 2, meeting with Yin Zhenlong, general manager of BYD’s planning department. Discussions covered global shipping route layout, long-term cooperation guarantees, and feeder transshipment solutions. Both sides agreed to improve regular communication mechanisms and deepen strategic cooperation to promote the transformation and upgrading of the global automotive supply chain.

TREE NEWS reports: China Resources Microelectronics (CR Micro) said in an institutional research note that it has built a full product matrix for data-center power, covering DrMOS modules, multi-phase controllers, board-level POL, silicon and third-generation semiconductor power devices, and driver and control chips. Its silicon and third-gen products have entered volume production and been successfully adopted by mainstream power-supply vendors and cloud customers.

TREE NEWS reports: China Resources Microelectronics (华润微) said in an institutional survey that due to full order books and tight capacity, it implemented two rounds of product price hikes in February and July, with the second round’s negotiations largely completed in July and showing bigger increases and broader coverage. The benefits will lag due to order delivery cycles, with Q3 effects expected to emerge. H2 supply-demand should remain tight, supporting a positive pricing stance.