Flash News

TREE NEWS reports: Pure gasoline models accounted for 49% of global new-car sales in the first half of 2026, the first time their share has dropped below half. Sales of pure gasoline vehicles fell 10% year-on-year to 20.25 million units, down 3 percentage points from 52% a year earlier and 24 points from 73% in 2021.

TREE NEWS update: Moscow Mayor Sergei Sobyanin said 650 Ukrainian drones flew toward the Moscow region between 20:30 local time on the 5th and 05:00 on the 6th, with Russian air defense units shooting down most of them at long range. TASS described the attack as one of the largest drone strikes on the Moscow region in nearly two years.

TREE NEWS reports: China’s national railway is expected to carry 22.1 million passengers on Monday, the sixth day of the National Day holiday, with 2,199 additional trains scheduled to handle the return-travel peak. Cross-region passenger flows exceeded 300 million on Sunday. The figures mark the holiday’s busiest return period.

TREE NEWS reports: Bridgewater founder Ray Dalio said US debt-servicing costs are crowding out other government spending, warning a US debt crisis could erupt within three years. He also said France has reached its borrowing limit, that a new era of AI-driven investing is beginning, and that a wealth tax would burst the AI bubble.

TREE NEWS update: China’s State Taxation Administration released the 2026 edition of nationwide unified tax administrative penalty discretion standards, effective November 1. The authority also published a list of eight minor violations exempt from penalties, and required local tax bureaus to impose penalties strictly within the discretion range to protect taxpayers’ and fee payers’ lawful rights.

TREE NEWS update: A US Navy MH-60R Seahawk helicopter declared an emergency and squawked the universal 7700 code while flying over the Red Sea near Yanbu, on Saudi Arabia’s western coast, in the early hours of October 6 local time. The aircraft subsequently disappeared from public flight tracking systems. The cause of the emergency has not been confirmed.

TREE NEWS reports: Shanghai’s new-home market drew steady foot traffic during China’s National Day holiday, with one project in Minhang district logging nearly 170 client visits by October 4. The Xiangyu Tianchen Yayue development rolled out holiday special-price units and saw solid sell-through, while second-hand home viewing activity picked up and bargaining room continued to narrow.

TREE NEWS reports: The Nasdaq Composite rose 1.2% on October 2 even as September nonfarm payrolls added just 29,000 jobs, below the revised 133,000 in August. The unemployment rate rose to 4.2%. The 10-year Treasury yield closed at 5.279% and the 30-year at 5.628%. Markets cut the implied probability of a 25-basis-point October rate hike to 22.7% from 64.2% a week earlier.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 1% higher on the day, while the Hang Seng Tech Index gained 1.02% at the open. The two benchmarks moved up together in early trading.

TREE NEWS reports: Google is close to a roughly $1 billion deal to buy nuclear power from Constellation Energy, Bloomberg reports. The agreement would tie the search giant to the largest US operator of nuclear plants as demand from data centers surges. Terms and timing were not disclosed.

TREE NEWS update: US Treasury Secretary Bessent said third-quarter economic growth is expected to exceed 3%. He also said mortgage rates will fall once the war with Iran ends. No further details or timeline were given in the remarks.

TREE NEWS reports: FTSE China A50 index futures opened 0.35% higher, following a 0.42% gain in the previous trading day’s night session. The move tracks early positioning in Singapore-listed contracts tied to the largest 50 A-share companies.

TREE NEWS reports: Australia’s ANZ job advertisements rose 2.2% month-on-month in September, slowing from a 2.5% gain in the prior reading. The monthly indicator tracks the pace of new hiring demand across the Australian labour market. The September print marks a second consecutive month of expansion, though at a softer rate than August.

TREE NEWS reports: China’s total built seawater desalination capacity has reached 3.077 million tons per day, the Ministry of Natural Resources said. Projects under construction or planned exceed 1 million tons per day. In July, the National Development and Reform Commission, the Ministry of Natural Resources and the Ministry of Water Resources jointly issued an action plan targeting 4.5 million tons per day by 2030, with at least 1.5 million tons per day of new capacity.

TREE NEWS update: US President Donald Trump signed an executive order loosening restrictions that limit tax-free diesel to non-road use, a move he described as another step to lower oil prices. The order will allow anyone to purchase tax-free diesel. Trump announced the measure as part of his push to bring down fuel costs.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.01% higher, while South Korea’s Kospi Composite opened up 0.6%. The modest gains in the two Asian benchmarks came at the start of the trading session.

TREE NEWS update: Shenzhen’s Yantian Port completed loading and unloading of 28,684 TEU on a single vessel on October 2, setting a new Chinese record for single-ship container handling volume. The port currently runs about 100 global routes weekly, 53 of which link to APEC member economies, with 14 new APEC routes added this year.

TREE NEWS reports: The Nasdaq Composite rose 1.05% to close at a record 27,477.31, with all three major US indexes higher as AI chip stocks and Chinese ADRs gained and gold and silver futures steadied after sharp declines the prior week. US September ISM services PMI fell to 54.9, while its prices index jumped to 74.0, a four-year high.

TREE NEWS reports: Australia’s Westpac consumer confidence index fell 4.7% month-on-month in October, following a 5.2% decline the previous month. The reading marks a second consecutive monthly drop in the survey of household sentiment.

TREE NEWS update: UN Secretary-General Antonio Guterres on the 5th called for a permanent ceasefire in the Gaza Strip, marking three years since the latest round of the Israeli-Palestinian conflict began. In his remarks, Guterres said last year’s ceasefire agreement eased the situation slightly but still failed to deliver security, sufficient humanitarian aid, or a reliable path to reconstruction and peace. He urged all parties to honor their ceasefire commitments and move toward the next phase, stressing the need for a political path to lasting peace across the region.