Flash News

TREE NEWS reports: Strive investment VP Adam Livingston said that if gold rises 15% to $4,760 an ounce and the BTC/gold ratio recovers from about 20.4 ounces to its December 2024 high of about 40.1 ounces, bitcoin would be worth roughly $190,858. On that basis, Strategy’s 847,666 BTC would be valued at about $161.8 billion against a cumulative cost of about $63.95 billion, or an average buy price of about $75,437, implying unrealized gains of roughly $98 billion.

TREE NEWS update: North Korea carried out a mid-range strategic missile launch drill in the early hours of the day, KCNA reported on the 3rd, citing Kim Yo Jong, a department director of the Workers’ Party of Korea Central Committee. The report said the superiority of the special flight patterns of North Korea’s various missiles was verified in practice.

TREE NEWS update: Multiple large explosions were heard in Sanaa, the Yemeni capital controlled by the Houthi movement, around midday local time on October 3, in what appeared to be a fresh round of airstrikes. No casualty figures, damage assessments or claims of responsibility were immediately available.

TREE NEWS update: Malaysia’s Defence Minister Khaled Nordin said the country is considering spending 700 million to over 1 billion ringgit (about $245 million) on a new surface-to-surface missile system, replacing a planned purchase from Norway. Three countries are currently under consideration as suppliers, he said on October 3.

TREE NEWS update: Russian President Vladimir Putin’s attendance at the G20 summit in Miami this December will depend on a range of factors, including the substantive preparations for the summit and the overall geopolitical backdrop, said Denis Agafonov, Russia’s G20 coordinator and head of the expert department of the presidential administration. The summit is scheduled to be held in Miami in December.

TREE NEWS reports: China’s 2026 National Day holiday box office, covering October 1-7, surpassed 500 million yuan including presales as of 17:01 on October 3. The top five films for the period are Detective’s Trace, What Do You Mean Couple, Welcome to Dragon Restaurant, Peppa Pig: Perfect Holiday and Avengers: Endgame (Premium Enhanced Edition).

TREE NEWS update: Malaysia will remove a 10% import tariff on certain gold products starting Nov 1, according to a document issued by the country’s Ministry of Finance on Oct 2. The measure applies only to selected gold products, the filing shows.

TREE NEWS reports: China Southern Power Grid’s unified EV charging platform, Shun Yi Chong, recorded more than 10 million kilowatt-hours of charging in a single day for the first time, hitting 10.4431 million kWh on the first day of the holiday, the company said. That marks a 24.51% year-on-year increase.

TREE NEWS reports: Negotiations between the United States and Russia over Ukraine include an oil agreement. The reported inclusion of an oil component marks an economic dimension to the talks, which have centered on ending the war. No further details on the terms or participants were provided.

TREE NEWS reports: UK average retail diesel prices reached £2 per litre on October 2, breaking the previous record set in June 2022. The surge comes as global refined fuel prices climb amid continued Middle East tensions, and the price may rise further.

TREE NEWS update: Pakistan’s Foreign Ministry summoned India’s chargé d’affaires on October 3 to protest the killing of two Pakistani civilians, saying Indian border security forces opened fire along the India-Pakistan border on October 2, 2026. Islamabad demanded an immediate, transparent and credible investigation, disciplinary and legal action against those found responsible, and formal notification of the findings and measures taken.

TREE NEWS update: US Attorney General Blanche said the Department of Justice will not reopen a criminal investigation into former Federal Reserve Chairman Jerome Powell. The statement, reported on October 3, closes off the prospect of renewed federal scrutiny of the former central bank chief. No further details on the scope or origin of the earlier probe were given.

TREE NEWS reports: China’s national highway network recorded 2.06 million EV charging sessions and 50.11 million kWh of electricity delivered from October 1 to October 2, the first two days of the National Day holiday, up 51.34% year on year, the National Energy Administration said. Charging volume on October 1 was 3.24 times the usual daily level, while October 2 demand stayed high at 2.55 times normal.

TREE NEWS update: A team at the Chinese Academy of Sciences’ Institute of Metal Research published a cobalt-free high-nickel cathode design in Nature Synthesis on October 1, using magnesium, calcium, titanium and zirconium as multi-element trace dopants (MD-LNMO). The material reaches nearly 80% charge in three minutes, an advance the team says moves cathode design from empirical trial-and-error toward target-oriented engineering.

TREE NEWS update: The International Atomic Energy Agency said on October 3 that multiple drone strikes near the Zaporizhzhia nuclear power plant in recent weeks have damaged key power supply facilities, further threatening the plant’s safety. The IAEA is coordinating with Russia and Ukraine on a new local ceasefire to allow repair work to proceed.

TREE NEWS reports: China had 5.195 million 5G base stations as of the end of August, accounting for 39.7% of all mobile base stations, the Ministry of Industry and Information Technology said. Telecom business volume grew steadily in the first eight months of the year, with 5G network construction and applications continuing to advance.

TREE NEWS update: UAE Attorney-General Shamsi said on October 3 that the co-pilot of flydubai flight FZ1073 attacked the captain in flight and attempted to seize control of the aircraft, calling the act a “terrorist attack.” The co-pilot used an emergency fire axe in the cockpit to strike the captain and tried to take over the flight controls, Shamsi said. Investigators are still verifying physical and digital evidence to determine the nature and motive of the incident, with final findings to be released once procedures are completed.

TREE NEWS reports: Huatai Securities said the Federal Reserve is unlikely to raise rates again in October after a weaker-than-expected September nonfarm payrolls report reduced the urgency for consecutive hikes. The brokerage noted the three-month average payroll gain of 51,000 sits near the equilibrium employment level, with unemployment still low. It expects the Fed to hike again in December as its base case.

TREE NEWS update: The U.S. Federal Aviation Administration said on the 2nd that a software problem in some Boeing 737 MAX flight computers does not constitute a safety concern, after an expert panel review. The agency said pilots can fully regain control of the aircraft and crews receive clear, unambiguous instructions. The FAA added it would consider taking action if it receives new information about the issue.

TREE NEWS update: All flights from Israel to Dubai have been cancelled, with Ben Gurion International Airport otherwise operating normally but seeing a marked drop in passenger traffic on October 2. The airport appeared unusually quiet, with footfall well below usual levels. No reason for the cancellations was given.