Flash News

TREE NEWS update: Iran’s Ministry of Intelligence announced on the 6th, local time, that it had dismantled three terrorist operational cells in the country’s southeast. Two militants were killed in an exchange of fire with security forces and 10 others were arrested. The ministry said the militants had received military, bomb-making and assassination training abroad before infiltrating Iran to cause destruction and unrest.

TREE NEWS update: US President Donald Trump said at a campaign rally on the 5th that he could let Iran “destroy” Los Angeles, California’s largest city and the second-largest in the US, or San Diego, a key border city with Mexico. The remark drew strong criticism from California officials. No further details were given.

TREE NEWS update: Ukrainian telecom company Omega Telecom said its data center in Kyiv stopped operating after a large-scale Russian attack on October 6. The company said it is working to restore communication lines and internet access through backup sites. No further details on the extent of the damage were given.

TREE NEWS update: Ukraine said a drone attack on a vessel killed one person and injured seven others. The statement, issued by Ukrainian authorities, gave no further details on the vessel’s location, flag or ownership. No group has been named as responsible for the strike.

TREE NEWS reports: Chevron CEO said oil and gas demand will continue to grow following the conflict with Iran. The executive gave no figures or timeline in the remarks. The statement signals the company expects sustained consumption of fossil fuels despite geopolitical disruption in the Middle East.

TREE NEWS update: Cuba’s chargé d’affaires in Washington, Lianys Torres Rivera, said on the 5th that Havana and Washington maintain “communication channels” but have not opened any formal negotiations. She made the remarks in an interview with Reuters. No further details on the contacts were given.

TREE NEWS reports: China recorded 303.34 million cross-region passenger trips on October 5, 2026, the fifth day of the National Day holiday, down 0.7% from the previous day but up 1.7% from the same period in 2025. The figure covers all modes of inter-regional travel nationwide.

TREE NEWS update: Huawei has largely shaken off its reliance on US technology, executive director and terminal BG chairman Yu Chengdong said at a roundtable with international media on September 29, according to meeting minutes the company released on its overseas social media accounts. Yu also said Huawei’s foldable phones entered the market earlier than Apple’s, and briefed reporters on the company’s consumer business and HarmonyOS ecosystem.

TREE NEWS update: UNESCO, the International Labour Organization, UNICEF and Education International issued a joint statement on October 5, World Teachers’ Day, calling on countries to raise the status of teachers and take action to strengthen support for their work. The four organizations marked the annual observance with the joint appeal.

TREE NEWS reports: ARK Invest founder Cathie Wood said in an X post that AI inference costs are falling 99.99% annually at unchanged performance levels, while OpenAI’s annualized revenue run rate has climbed from $20 billion to $70 billion, showing cost declines are driving rapid demand growth. Wood argued the cost declines from innovation platforms will feed through to the broader economy, lifting productivity and corporate profitability and pushing inflation below most investors’ expectations — a “benign deflation.” ARK expects real GDP growth could reach the high single digits, and rates may rise in a stronger real-growth environment.

TREE NEWS update: French far-right leader Marine Le Pen said France could face a default if President Emmanuel Macron’s policies continue, and set out deficit-reduction targets. She said the plan is to bring France’s deficit below 3% by 2032 at the latest, and below 5% from 2027.

TREE NEWS update: French far-right leader Marine Le Pen put forward a deficit plan. The proposal from the National Rally figure sets out her camp’s approach to France’s public finances. No further details on the plan’s contents or its projected figures were provided.

TREE NEWS reports: The London Metal Exchange reported declines across most base metal inventories. Copper stocks fell 1,925 tonnes, lead dropped 1,850 tonnes and aluminum decreased 1,500 tonnes. Nickel inventories declined 792 tonnes and tin slipped 25 tonnes. Zinc was the sole gainer, rising 300 tonnes.

TREE NEWS update: European Central Bank Governing Council member Olli Rehn said the energy price shock has not yet fed through into wages. The remark points to contained second-round inflation effects from energy costs in the euro area. Rehn sits on the ECB’s rate-setting Governing Council.

TREE NEWS update: Pennsylvania health officials said on the 5th that the state’s measles cases this year have surpassed 1,000, the largest outbreak in a single US state in more than 30 years. The outbreak began in April west of Philadelphia, with 1,004 confirmed cases statewide and 198 people hospitalized. As of that day, five people had died of measles. Neighboring New York State declared a state of disaster emergency the same day over its own outbreak.

TREE NEWS reports: The euro extended gains against the Swiss franc, rising 0.3% to 0.93503 and touching an intraday high. The move marks a continued advance for the single currency versus the franc.

TREE NEWS update: Spain issued a decree in the Official State Gazette on Oct 6 extending entry controls on travelers arriving from Italy at its ports and airports until Oct 22. The measure keeps the temporary border checks in place for another two weeks.

TREE NEWS reports: The World Bank raised its 2026 growth forecast for East Asia and the Pacific to 4.5% in an update published on May 6, 0.3 percentage points above its April projection. The bank attributed much of the upgrade to strong high-tech investment and exports in countries tied to the artificial intelligence value chain. It also said high energy prices weighed less than expected, helped by market forces, rising renewable use, inventory draws and consumer subsidies.

TREE NEWS reports: Korean retail investors net bought 43.1143 trillion won of Samsung Electronics and 39.5028 trillion won of SK Hynix between Jan 2 and Oct 2, 2026, Korea Exchange data show, while institutions net bought 11.6193 trillion won and 8.5265 trillion won of the two chipmakers respectively. Foreign investors net sold 84.5702 trillion won of Samsung and 82.5040 trillion won of SK Hynix, and also cut holdings in Hyundai Motor and SK Square, as the AI boom reshapes Korean equity flows.

TREE NEWS reports: Multiple gold jewelry brands in Beijing rolled out promotional offers during the National Day holiday, with the trade-in program drawing the most attention. The promotions were observed during an on-the-ground survey of the city’s gold retail market over the holiday period.