Flash News

TREE NEWS update: Key events on the calendar include eurozone September CPI at 17:00 Beijing time, the US September nonfarm payrolls report at 20:30, and a speech by Dallas Fed President Lorie Logan at 22:00. ECB officials Emmanuel Moulin, Piero Cipollone, Boris Vujcic and Bundesbank President Joachim Nagel are also scheduled to speak. Brazil holds the first round of its presidential election on Sunday, alongside an OPEC+ meeting.

TREE NEWS reports: The United States has deployed two additional Patriot air-defense systems to Saudi Arabia and Qatar in recent weeks to protect oil and gas production facilities, US officials and regional sources said. One system was sent to Saudi Arabia in September to shield a key oil facility, while the other was deployed to Qatar to protect a gas production site. Washington aims to reassure the two regional allies that their critical energy infrastructure would be defended if President Trump orders major military action against Iran.

TREE NEWS update: Broadcom has started raising $60 billion to finance Anthropic’s chip project. The fundraising is tied to the AI company’s custom silicon effort. No further terms of the financing were disclosed.

TREE NEWS update: Egypt ordered an Ethiopian embassy counsellor to leave the country within 48 hours, after Ethiopia asked an Egyptian diplomat to depart. The Egyptian side cited informed sources for the move, announced early on the morning of the 2nd local time. Neither government gave a reason for the expulsions.

TREE NEWS update: China’s Ministry of Agriculture and Rural Affairs has issued the 15th Five-Year Plan for the national livestock and veterinary industry, setting 15 quantitative targets covering meat, egg and milk output. The plan projects total forage output will reach 130 million tonnes by 2030.

TREE NEWS update: China Huadian’s compressed carbon dioxide energy storage project in Mulei, Xinjiang, was successfully connected to the grid on October 2, becoming the country’s first 100-megawatt-class facility of its kind. The project opens a new route for large-capacity compressed CO2 energy storage that is green, zero-carbon, efficient and economical.

TREE NEWS reports: Qunar data shows average air ticket prices fell sharply from October 2, down 20% from October 1, and continued dropping through October 3 and 4 to the holiday-period low. Prices then climbed with return traffic, peaking on October 7, before easing on October 8 and 9.

TREE NEWS reports: Assets under management in China’s domestic public funds reached RMB 39.63 trillion at the end of August 2026, the Asset Management Association of China said. The industry counted 165 licensed public fund managers as of the same date, including 150 fund management companies and 15 asset management institutions holding public fund qualifications.

TREE NEWS update: A SpaceX Dragon spacecraft carrying four astronauts docked automatically with the International Space Station on the evening of the 1st, US Eastern Time. The capsule arrived at the orbital outpost after its crewed launch, completing the rendezvous under autonomous control. The docking marks the latest crew rotation flight to the station.

TREE NEWS update: The Shanghai Stock Exchange moved the STAR Market IPO applications of three Chinese commercial space companies — LandSpace, CAS Space and MinoSpace — to suspended status on September 30, citing expired financial data in their listing documents that must be resubmitted. The filings now carry the designation “suspended (financial report update).”

TREE NEWS update: UN Special Envoy for Yemen Hans Grundberg on October 1 urged the Houthis to stop their military offensive in southwestern Taiz province. In a statement posted on social media, Grundberg said he was concerned by developments in Taiz, where fighting has escalated significantly, and warned the Houthi operations pose serious risks to civilians.

TREE NEWS reports: China and the United States plan to advance concrete AI governance issues at their next dialogue in November, including jointly discussing AI risk classification and grading standards and finalizing the scope, procedures and requirements for reporting AI risk incidents. The talks would also place AI governance within a broader framework of China-US exchanges.

TREE NEWS update: China’s CDC issued a health risk advisory for the National Day holiday, noting COVID-19 is at a low epidemic level while influenza fluctuates at low-to-moderate levels. It recommends scientifically wearing masks in public places such as transport terminals and indoor venues to prevent respiratory infections. Dengue and chikungunya fever are spreading sporadically with local clusters in some southern provinces where mosquito activity remains high.

TREE NEWS reports: Japan’s Nikkei 225 closed the morning session down 0.9%, while the broader Topix index fell 1%. The declines came at the morning close in Tokyo, with both benchmarks ending the half-day session in negative territory.

TREE NEWS update: Japan’s Minister of Economic and Fiscal Policy Minoru Uchida said he wants the Bank of Japan to maintain close communication with the government on policy guidance. He added that Japan no longer needs unconventional monetary stimulus, given the BOJ’s decision to end yield curve control. The comments followed the central bank’s move away from its long-running easing framework.

TREE NEWS update: Japanese Finance Minister Satsuki Katayama said the government will step up a Japan-style DOGE review of subsidies and funds, cutting idle funds sharply during the budget process. Roughly 200 existing funds are in place, worth about 7 trillion yen in total, she said.

TREE NEWS reports: Budapest’s water authority said the Danube’s level in the city fell to minus 1 centimeter on October 1, a record low. The gauge’s zero point corresponds to the lowest level recorded during the low-water period of 1834, so the negative reading does not mean the riverbed has dried up — only that the current level is below the 1834 minimum.

TREE NEWS reports: The Hang Seng Index fell more than 3% intraday, while the Hang Seng Tech Index extended its decline to 3.3% and the Hang Seng Biotech Index dropped 4.5%. Bilibili slid over 6%, with Xiaomi, JD Health and MINIMAX each down nearly 6%.

TREE NEWS reports: The Pentagon will deploy a third aircraft carrier and additional Marine vessels to the Middle East, adding 9,000 to 10,000 troops to the region, multiple US officials said on October 1. President Trump is also weighing resuming strikes on Iran after the midterm elections.

TREE NEWS update: President Donald Trump said Iran will not be allowed to possess nuclear weapons, adding that a deal may or may not be reached. Speaking on the matter, Trump left the outcome of any agreement open, saying “maybe we’ll make a deal, maybe we won’t.” No further details on negotiations or terms were provided.