Flash News

TREE NEWS update: China’s Ministry of Water Resources said it aims to add 15 billion cubic meters of reservoir capacity by the end of the 15th Five-Year Plan period, with 91% of key levees meeting standards. In the first nine months of this year, 41,400 water projects were implemented nationwide, with 795 billion yuan invested in water infrastructure construction, officials said at a State Council Information Office briefing on September 30.

TREE NEWS reports: Turkey’s benchmark stock index dropped 1.6% on the day, leaving it on the verge of entering a bear market. The decline puts the index on track to close more than 20% below its recent peak.

TREE NEWS reports: The Shanghai Composite ended the month down 3.62%, while the Shenzhen Component and ChiNext Index each fell more than 8%. On the final session, the Shanghai Composite closed up 0.31%, the Shenzhen Component slipped 0.11% and ChiNext lost 0.23%, with pharma names such as CanSino surging to the daily limit and PCB stocks hitting limit-down.

TREE NEWS reports: European equities opened higher on the day, with the Euro Stoxx 50 up 0.23% at the open. Germany’s DAX gained 0.43%, the UK’s FTSE 100 rose 0.39% and France’s CAC 40 added 0.04%. The four major benchmarks all opened in positive territory.

TREE NEWS reports: China’s domestic commodity futures closed mostly higher, with TSR20 rubber and rubber up more than 5% and PVC gaining over 4%. Alumina, soybean No.1, palladium and propylene each rose more than 2%. On the downside, bitumen fell more than 3%, the container shipping Europe route lost over 2%, and low-sulfur fuel oil, apples, cotton and wood pulp each dropped more than 1%.

TREE NEWS update: Qiushi magazine published a signed article by Xi Jinping titled “Strengthening Inclusive, Foundational and Safety-Net Public Welfare Development.” The piece addresses the building of public welfare systems that are inclusive, foundational and provide a basic safety net.

TREE NEWS update: An incident involving Dubai aviation was not a hijacking, an Israeli prime minister’s spokesperson said. The statement did not provide further details about the nature of the event or the parties involved. No additional information was immediately available.

TREE NEWS update: A commercial passenger jet flying from Dubai to Tel Aviv turned back and repeatedly transmitted emergency signals on the 30th. Israeli security sources said the country’s air force scrambled fighter jets in response. No further details on the cause or the aircraft’s status were immediately disclosed.

TREE NEWS reports: France’s bond risk premium rose to 120 basis points, marking the first time it has reached that level since 2012. The spread reflects heightened investor scrutiny of French sovereign debt.

TREE NEWS reports: A passenger plane flying from Dubai in the United Arab Emirates to Tel Aviv, Israel, sent an emergency signal and turned around mid-flight on September 30, Israeli media reported. The aircraft changed course after the signal was transmitted. No further details on the flight, its operator or the passengers were given.

TREE NEWS reports: South Korea’s KOSPI closed down 32.77 points, or 0.48%, at 6,838.04 on Wednesday, September 30. The index fell 19.3% over the third quarter, its largest quarterly decline since the first quarter of 2020.

TREE NEWS update: Zhejiang province issued 301.7 billion yuan ($41.5 billion) of special-purpose local government bonds across seven tranches, including 39.94 billion yuan of five-year land-reserve bonds priced at a 1.41% coupon. The 20-year tranche was the largest at 159.37 billion yuan, yielding 2.14%, followed by 70.86 billion yuan of 30-year debt at 2.19%. Tenors ranged from five to 30 years, with coupons from 1.41% to 2.19%.

TREE NEWS reports: The World Intellectual Property Organization’s Global Innovation Index 2026 report, released on September 29, says artificial intelligence is opening new technological frontiers across scientific fields and reshaping innovation investment, driving combined government and corporate research and development spending to an all-time high in 2025.

TREE NEWS reports: Three Israeli security officials said Prime Minister Benjamin Netanyahu is in consultations over a Flydubai flight that departed the United Arab Emirates bound for Israel and was subsequently diverted. The aircraft is expected to land in Saudi Arabia shortly, at which point the situation is expected to become clearer.

TREE NEWS reports: France’s September consumer price index fell 0.3% month on month, compared with expectations of a 0.5% decline and a 0.7% rise in the prior reading. The softer-than-expected print marks a sharp swing from August’s increase.

TREE NEWS reports: France’s producer price index rose 4.8% year-on-year in August, accelerating from a 3.4% annual increase the previous month. The reading marks a pickup in French factory-gate inflation, with the prior-month figure standing at 3.4%.

TREE NEWS reports: French household consumption expenditure fell 0.5% in August from the previous month, missing expectations of 0% and reversing a 0.5% gain in July. The monthly decline marks a sharp swing from the prior month’s increase.

TREE NEWS update: Zhejiang’s Department of Commerce announced that its 2026 trade-in subsidy for smart home appliance purchases takes effect immediately and runs through December 31. Individual consumers receive a subsidy of 15% of the final transaction price after all merchant discounts, capped at 1,500 yuan per item, across 10 categories including smart locks, robot vacuums, smart toilets and smart mattresses. Each consumer may claim the subsidy on one item per category.

TREE NEWS reports: Japan’s Nikkei 225 closed 1.9% higher at 66,753.72, while the broader Topix gained 1.7% to 4,108.65. South Korea’s KOSPI moved the other way, closing down 0.48% at 6,838.04. The session left Japanese equities sharply higher and Korean shares modestly lower.

TREE NEWS update: Ukraine’s Kyiv City Military Administration said Russia launched ballistic missiles and drones at Kyiv in the early hours of September 30, killing two people and injuring four. As of 8 a.m. local time, damage was recorded in four districts of the capital and multiple fires broke out. Russia has not commented.