Flash News

TREE NEWS update: The US Department of Transportation will finalize sharply lowered vehicle fuel economy standards through model year 2031 on Monday, an official said Saturday, reversing Biden-era policy that pushed automakers toward more electric vehicles. President Trump said he approved the new standards for passenger cars and light trucks, saying they will lower new-vehicle prices. Transportation Secretary Sean Duffy called Monday “a major victory for American auto workers.”

TREE NEWS update: Serbian President Aleksandar Vucic said on the 27th that he will formally submit his resignation at around 8pm local time that day, stepping down as president. Vucic made the announcement in an interview with Serbian state broadcaster RTS. No reason for the resignation was given in the remarks.

TREE NEWS reports: Presales for new films releasing during China’s 2026 National Day holiday have surpassed 20 million yuan. ‘Peppa Pig: Perfect Holiday,’ ‘Traces of the Detective’ and ‘What Do You Mean, Couple’ currently rank as the top three titles on the holiday’s new-film box office chart.

TREE NEWS update: Russia’s Defense Ministry said its forces struck the headquarters of Ukraine’s “Vostok” naval base at Kiliia port, a Ukrainian State Border Guard Service base, four warehouses storing Ukrainian military equipment and berth facilities. The strikes took place between late night on the 26th and the early hours of the 27th, the ministry said. It added that drones continued to target Ukrainian logistics hubs, ports, transport infrastructure, communications centers and vessels serving Ukrainian forces.

TREE NEWS update: Russian Foreign Minister Sergey Lavrov said on September 26 that the United States and Iran should consider returning to the Islamabad Memorandum of Understanding, calling it a fair agreement signed by the highest-level officials of both sides. Lavrov also said building mutual trust between Arab states and Iran is important for resolving the crisis in the Middle East.

TREE NEWS update: US President Donald Trump said on the 26th that he believes the United States and Cuba will reach an agreement and that Washington “will not need to use the military.” Trump made the remarks to reporters on the South Lawn of the White House before departing for Tennessee.

TREE NEWS update: Russian Foreign Minister Sergei Lavrov said on September 26 that claims Russia wants war with Europe are “nonsense,” telling a press conference after his UN General Assembly speech that Moscow has no intention of a military conflict with Europe. He said it is Europe that is preparing for war with Russia, citing European pledges to be ready for conflict by 2030 and heavy spending on weapons. Lavrov added that Russia maintains contacts with some EU states and NATO, but that the content of those talks will not be made public.

TREE NEWS update: Chinese Vice President Han Zheng addressed the general debate of the 81st United Nations General Assembly at UN headquarters in New York on September 26, 2026, putting forward four proposals. He called for upholding the post-war international order and building lasting peace through common security, promoting shared prosperity through open cooperation, rebuilding trust through dialogue among civilizations, and defending fairness and justice through multilateralism.

TREE NEWS update: Oman’s Foreign Minister Badr al-Busaidi said on September 26, in an address to the 81st UN General Assembly, that Oman will continue working to safeguard navigation security in the Strait of Hormuz. He called on all parties to cooperate with Oman to ensure passage through the strait in accordance with international law.

TREE NEWS reports: El Salvador added 8 bitcoin over the past seven days and 31 BTC over the past 30 days, bringing its total holdings to 7,787.37 BTC. The stash is worth about $658 million at current prices. The Central American country has kept accumulating BTC through its national reserve strategy.

TREE NEWS update: Hong Kong’s overall merchandise export value rose 53% year-on-year in August, Financial Secretary Paul Chan said, with the first eight months up 42.5%, driven by demand for artificial intelligence and related electronics. Chan said the government is confident of hitting its revised full-year GDP growth target of 3.5% to 4.5%.

TREE NEWS reports: Investors will watch US August core PCE inflation and September nonfarm payroll data in the coming week for signals on the Federal Reserve’s rate path, alongside August JOLTs job openings, September ADP employment and Conference Board consumer confidence. Fed Governor Lisa Cook speaks Thursday at 03:25 Beijing time. US stocks posted their first weekly gain in three weeks as AI-linked trades returned to the fore.

TREE NEWS update: China Railway will shorten the advance booking window for its train ticket reservation pilot on the Beijing-Shanghai high-speed and conventional lines from 60 days to 30 days before departure, effective September 26. The lower bound stays at 17 days before departure. The change applies only to the two pilot routes.

TREE NEWS update: Libya’s National Oil Corporation said the main pipeline linking the Sharara field to the Zawiya refinery and export terminal reopened on the evening of the 26th after valves had been shut for several days, restoring crude flows. The company said it took measures to restart operations safely and ensure stable crude supply to the refinery and export terminal.

TREE NEWS update: AmCham Shanghai president Zheng Yi said US-China relations have fallen from the top challenge facing companies operating in China in recent years to their second-biggest, with local competition now the No. 1 difficulty. In an interview, he said stable trade policy and export controls would reduce uncertainty for businesses in China.

TREE NEWS update: The Chinese and US heads of state have exchanged visits within half a year, a development described as historic and milestone in nature. Chinese officials said the historical logic of peaceful coexistence between the two countries has not changed, nor have the two peoples’ desire for friendly exchanges or the international community’s expectations. The relationship now stands at a new historical starting point.

TREE NEWS update: Iranian Foreign Minister Abbas Araghchi said on September 27 that Iran will not concede to the United States on established conditions, and that the opening of the Strait of Hormuz depends on whether Iran’s conditions are met. Araghchi said Iran has received the US side’s initial reaction to its proposals but has not yet received any specific information conveyed by mediators, and is awaiting the mediators’ final position before making a decision.

TREE NEWS reports: China Railway Shanghai Group expects to carry 3.32 million passengers on Sept 27, the final day of the Mid-Autumn Festival holiday, as the Yangtze River Delta rail network hits its return-travel peak. The operator carried 2.808 million passengers on Sept 26, up 27.8% year on year. A new section of the Beijing-Hong Kong high-speed line opens Sept 28.

TREE NEWS update: Saudi Foreign Minister Faisal told the 81st UN General Assembly on September 26 that the Strait of Hormuz must return to its status before February 28, with no fees or restrictions imposed. He called freedom of navigation in all international waterways, including Hormuz, Bab el-Mandeb, the Red Sea and the Gulf of Aden, a shared responsibility requiring serious international cooperation, and said Saudi Arabia opposes using such waterways as tools of pressure or threat.

TREE NEWS update: Cuban Foreign Minister Bruno Rodríguez told the 81st UN General Assembly general debate on September 26 that the United States’ decades-long embargo on Cuba amounts to “collective punishment” aimed at triggering a humanitarian crisis on the island. He said Cuba is a peaceful country and that U.S. claims it poses a threat are “nonsense,” adding that Havana is ready for dialogue with Washington based on sovereign equality and respect for international law.