Flash News

TREE NEWS reports: China’s 2026 National Day holiday box office, including presales, has surpassed 900 million yuan, CCTV Finance reported. The film industry chain’s total output value for the year has exceeded 470 billion yuan, while 2026’s cumulative national box office, including presales, has crossed 30 billion yuan.

TREE NEWS reports: Yemen’s government forces said they regained control of the Bab el-Mandeb Strait as fighting with Houthi forces continued, while reports said the East-West Saudi oil pipeline was operating normally after an attack scare that briefly spiked and then reversed oil prices. Saudi Aramco’s CEO warned global oil inventories are dangerously thin and would take two years to rebuild.

TREE NEWS reports: Japanese investors held an estimated ¥23 trillion ($145 billion) in French bonds as of July, equal to 6.6% of their total overseas bond holdings, leaving them the most overweight on French debt among euro-area sovereigns relative to Bloomberg Global Aggregate Total Return Index benchmarks. The outsized position raises the risk of a fresh wave of selling that could deepen the slump in French government bonds.

TREE NEWS update: Kuwait Petroleum Corporation’s chief executive said the company needs to focus on moving refined products out of the Middle East Gulf to ease refinery bottlenecks in the region. KPC is in talks with Saudi Arabia and the UAE on building pipelines to their ports, and is considering expanding domestic storage capacity and using its three refineries abroad.

TREE NEWS update: Russia’s Finance Ministry will increase its foreign currency and gold purchases to five times September’s volume between October 7 and November 6, allocating 279.42 billion rubles, or about 12.7 billion rubles per day. The purchases are conducted under the budget rule and are intended to channel additional oil and gas revenue into the National Wealth Fund.

TREE NEWS reports: Kuwait Petroleum Corporation’s CEO said inventories, not pipelines, are the alternative for shipping through the Strait of Hormuz, with current output around 2 million barrels per day, down from 2.6 million bpd before the war began. The company is using a strategic tanker fleet and ship-to-ship transfers despite continued attacks. Some customers have entered the Gulf with their own tankers, and KPC will offer no discounts or insurance to those doing so. Crude supply is ample, but refined product supply is short.

TREE NEWS reports: The 10-year US Treasury yield climbed more than 2 basis points to 5.3%. The move extends a rise in US government bond yields.

TREE NEWS update: US Agriculture Secretary said President Donald Trump may take action on farmer issues later today. No further details on the specific measures or timing were given. The remark points to a possible policy move affecting the US agricultural sector.

TREE NEWS reports: The spread between French and German 10-year government bond yields narrowed by 7 basis points to 134 basis points. The move reflects a narrowing of the risk premium investors demand to hold French sovereign debt over German bunds. No further details were provided.

TREE NEWS update: US Secretary of State Marco Rubio said the redeployment of bombers is not unusual and expressed full confidence in the security of the bases involved. He made the remarks in response to questions about the move, without specifying which aircraft or locations were affected. No further operational details were disclosed.

TREE NEWS update: Citigroup is cutting its investment banking analyst training program to two years, shortening the traditional stint for junior bankers. The change applies to the bank’s investment banking analysts. No further details on the timing or scope of the rollout were given.

TREE NEWS reports: Calls to slow development of the most powerful AI models are colliding with an $800 billion investment boom, raising the question of whether an AI slowdown could tank the US economy. The tension pits safety advocates against the scale of capital now committed to AI infrastructure.

TREE NEWS update: Saudi airstrikes hit multiple locations in Sanaa province, home to Yemen’s capital, on the afternoon of the 5th local time, killing two women and wounding two others. Yemeni government forces said the same day they had launched a “strategic offensive” against the Houthi-held capital, Sanaa.

TREE NEWS update: China’s Ministry of Public Security Traffic Management Bureau reported that on the fifth day of the National Day holiday, traffic volumes on national highways and major provincial roads remained at high levels but generally safe and smooth. Local traffic police deployed forces based on return-travel patterns, strengthened traffic control, cracked down on violations, and issued widespread safety reminders. Queues occurred only around large and medium cities and key scenic spots.

TREE NEWS reports: Brazilian stock index futures surged 8.3% following the first round of the country’s presidential election. The move marks a sharp repricing of Brazilian equity exposure after the initial vote count.

TREE NEWS update: A power outage struck central, eastern and financial-district areas of London at about 10:30 a.m. local time on October 5 after an underground cable fault, affecting thousands of homes, office buildings and key transport infrastructure across more than 30 postcode districts. The UK’s grid operator is carrying out emergency repairs and expects power to be restored in most areas between noon and 1 p.m.

TREE NEWS reports: The Brazilian real surged 3% after Jair Bolsonaro took the lead in the first round of Brazil’s presidential election. The currency’s move reflects investor reaction to the early vote count, with the first-round result still developing.

TREE NEWS reports: Visa and CoinShares surveys found growing stablecoin interest in Asia Pacific alongside strong digital-asset ownership among affluent investors, pointing to broadening crypto appetite among consumers. The findings indicate rising demand across both retail and wealthier investor segments in the region.

TREE NEWS reports: Spot silver broke above $62 per ounce, gaining 2.73% on the day. The move extends the metal’s rally as traders tracked the intraday breakout level. No further details were immediately available.

TREE NEWS update: Abu Dhabi National Oil Company (ADNOC) signed an agreement with Gulf Group to supply up to 2 million tonnes of liquefied natural gas (LNG) to Thailand. Deliveries are set to begin in 2027 under a multi-year contract.