Flash News

TREE NEWS reports: China’s national railway network is expected to carry 21.05 million passengers on Oct 5, after handling 20.32 million on Oct 4 with operations safe and orderly. Medium- and short-distance travel continued to climb, and 1,463 additional trains are scheduled to meet the high-level holiday demand.

TREE NEWS reports: Bitcoin analyst Willy Woo said on X that roughly 5% of the global population holds bitcoin, while about 8% of countries have adopted policies to buy or hold it. In a follow-up reply, he added that around 12% of countries actually hold bitcoin, drawing a distinction between countries that hold the asset and those with active purchase or holding policies.

TREE NEWS update: Australian police said on the 4th that a multi-agency counter-terrorism team is investigating the connections of the first officer of Dubai flight FZ1073 to Australia. The first officer attacked the captain in the cockpit of the flight. Media reports say he had studied in Australia. The joint counter-terrorism team includes personnel from the Australian Federal Police, Victoria Police and the Australian Security Intelligence Organisation.

TREE NEWS update: A southward cold front brought gale-force winds to the seas off Taizhou, Zhejiang, with gusts reaching force 8 to 9 in some areas, sharply raising navigational risk. All 10 passenger ferry routes along the Taizhou coast except those at Yuhuan have been suspended to protect public safety on the water, CCTV reported.

TREE NEWS reports: Nasdaq 100 index futures erased an intraday gain of 0.5%, turning flat as the advance was given back. The move leaves the futures contract little changed on the session.

TREE NEWS update: Japanese Prime Minister Sanae Takaichi said she will verify various factors, including bond issuance rates, and will appropriately control annual debt issuance. She said her government must be able to respond flexibly to unexpected economic or market volatility, and will draft a five-year investment plan by the end of the year. Takaichi added that she will directly work to raise market trust in the government.

TREE NEWS update: Japanese Prime Minister Sanae Takaichi delivered a speech opening the new parliamentary session. The address marks the start of the legislature’s agenda under her administration. No further details of the speech’s contents were immediately available.

TREE NEWS reports: Japan’s household consumer confidence index came in at 35.4 for September, slightly above the expected 35.3 but down from the prior reading of 35.5. The reading marks a marginal month-on-month decline in sentiment while beating consensus expectations.

TREE NEWS reports: Eurozone final September services PMIs from France, Germany and the bloc are due at 15:50, 15:55 and 16:00 Beijing time, alongside eurozone August PPI at 17:00. ECB officials Kocher, Nagel, Lane, Schnabel and Escriva are all scheduled to speak, while US final September S&P Global services PMI and ISM non-manufacturing index land at 21:45 and 22:00. The 2026 Nobel Prize in Physiology or Medicine is announced at 17:30.

TREE NEWS update: The US Navy’s Atlantic Fleet Naval Air Force said the aircraft carrier USS Dwight D. Eisenhower will return to Naval Station Norfolk in Virginia to inspect and fully assess the ship’s aircraft launch and recovery equipment following a Sept. 28 incident. The cause remains under investigation, and Navy technical experts will complete necessary maintenance before flight operations resume.

TREE NEWS update: China’s State Administration for Market Regulation said the International Organization for Standardization has approved all seven natural gas international standards led by China. The standards cover upstream areas including shale gas exploration and development, natural gas carbon footprint accounting, gas reservoir core sampling and gas hydrate testing, with three shale gas testing standards providing a unified technical basis for unconventional oil and gas development.

TREE NEWS reports: China Railway Shanghai Group expected to send more than 3.8 million passengers across the Yangtze River Delta on Oct 5, the fifth day of the National Day holiday, as return travel picked up. The operator carried 3.755 million passengers on Oct 4. Since holiday transport began on Sept 23, cumulative ridership through Oct 4 reached 40.989 million, averaging about 3.416 million a day.

TREE NEWS update: Chinese battery-materials maker Tianci Materials has begun pre-marketing for a Hong Kong listing, aiming to raise about $400 million to $500 million. The share sale would mark the company’s debut on the Hong Kong stock exchange. No timetable or listing date was disclosed.

TREE NEWS update: Agile Group said on October 5 that it has moved close to finalizing a restructuring term sheet and support agreement with a coordinating committee holding about 61.50% of the outstanding principal of its existing syndicated loans. The two sides plan to publish the restructuring support agreement within six weeks of the announcement date, subject to internal approval by committee members. The restructuring covers RMB 5.183 billion in principal across syndicated loans, senior notes, perpetual securities, exchangeable bonds and other private debt.

TREE NEWS reports: The euro extended its intraday decline against the US dollar to 0.6%. The move marks a further softening of the single currency during the session, with no specific catalyst cited in the data.

TREE NEWS update: PetroChina’s Had-Fuman oilfield, the largest in China’s deserts, has produced more than 26 million tonnes of oil and gas from depths below 6,000 metres, the company said. Separately, the Zhentan-1 well on the northern edge of the Taklamakan Desert recovered rock cores from 8,080 metres below ground — the first time China has taken cores deeper than 8,000 metres in the northwestern margin of the Tarim Basin. The cores are about 500 million years old.

TREE NEWS reports: The Hang Seng Tech Index turned positive after earlier dropping more than 0.8%. The index erased its intraday loss and moved into gains, reversing the morning decline. No further details were disclosed.

TREE NEWS reports: China’s bulk commodity price index for September came in at 137.6, up 4.1% month-on-month and 22.9% year-on-year, the China Federation of Logistics & Purchasing said. Of the 50 commodities it monitors, 38 posted sequential price gains, led by methanol at 39.5%, ethylene glycol at 24.8% and coke at 20.4%.

TREE NEWS reports: Japan’s Nikkei 225 index climbed back above 70,000 during intraday trading, gaining more than 2.5% on the day. The benchmark’s move above the level marks a fresh intraday high for the index.

TREE NEWS reports: The Philippine stock index opened 0.8% higher on the session. The gain marks a positive start for Manila’s benchmark equity gauge.