Flash News

TREE NEWS reports: Morgan Stanley said Oracle issued a force majeure notice to the developer of a large data center in New Mexico, prompting fresh scrutiny of related loan and lease documents and adding to financing challenges for companies seeking debt-market funding for AI infrastructure buildouts. Analysts including Lindsay Tyler and Vishwas Patkar wrote that deals with high remaining construction or completion risk and weaker tenants will be most sensitive, while assets near stable operations or with limited construction exposure should better withstand such concerns.

TREE NEWS update: The People’s Daily’s ‘Zhong Sheng’ commentary said this year is critical for both China and the US and that bilateral ties stand at a new historical starting point. It urged both sides to act on the consensus reached by their heads of state, turning a constructive strategic stability relationship from vision into action, and to pursue cooperation, bounded competition, controllable differences and peace.

TREE NEWS update: The Trump administration’s Justice Department reached a settlement with federal unions to withdraw layoff measures tied to the 2025 government shutdown. Under the agreement made public Friday, the government will pause related litigation and rescind a memo directing federal agencies to dismiss some employees, while also dropping its attempt to expand its authority to fire federal workers.

TREE NEWS reports: MSCI’s emerging markets stock index was roughly flat, while the developing-nation currency index rose 0.1%. The two gauges moved in opposite directions, with equities holding near unchanged levels as emerging-market currencies edged higher.

TREE NEWS update: The United States and Iran are holding “active and constructive” discussions on reopening the Strait of Hormuz, a US official said on September 25, after Iran proposed opening the waterway and resuming negotiations if its conditions are met. The official said Washington is in no rush, noting that nearly 40 million barrels of oil passed through the strait under US escort in the past 48 hours. Iranian Foreign Minister Araghchi said Iran notified US mediators this week of a seven-day plan.

TREE NEWS reports: Cleveland Fed President Beth Hammack said rising US long-term Treasury yields stem from several factors, including stronger economic growth expectations, market concerns over government debt, and expectations of further Fed rate hikes. Speaking at a Cleveland Fed conference, Hammack said economic data has been “quite solid” and that markets are pricing in additional tightening, while also weighing what policy steps the Fed may need to take.

TREE NEWS reports: Canada’s minister responsible for US trade, Dominic Leblanc, said Canada is in no rush to strike a bad agreement even as US tariffs create difficult conditions for parts of the Canadian economy. Leblanc said he has repeatedly made that position clear to US Trade Representative Greer, and that Washington has conveyed its own lack of urgency twice a week since trade talks collapsed on August 21.

TREE NEWS reports: Citigroup is considering an initial public offering of its Mexican bank Banmex at a valuation of more than $3 billion. The listing would carve out the Mexico unit as a separately traded entity. No timetable or exchange for the potential IPO was given.

TREE NEWS update: Military leaders of Saudi Arabia, Turkey and Pakistan met in Riyadh on the 25th and said they would immediately move to turn commitments under the Mecca Joint Defense Agreement into concrete military cooperation. Saudi Arabia’s Defense Ministry said the meeting covered deeper intelligence cooperation and military coordination, plus capability integration to strengthen deterrence and collective defense.

TREE NEWS reports: Larry Ellison pledged an additional 67 million Oracle shares as collateral for personal loans, boosting his pledged holdings by 19% since 2025. The newly pledged shares are worth about $9.2 billion at Oracle’s Friday close of $137.10. Ellison is helping his son David’s Paramount Skydance pursue a $111 billion acquisition of Warner Bros. Discovery, with the family committing $47 billion in equity.

TREE NEWS reports: The US 10-year Treasury yield closed at 5.1604% on Friday, September 25, down 3.74 basis points on the day but still near its 2007 peak of 5.3228% touched early in the US session. The benchmark rose 16.44 basis points over the week, trading between 4.9204% and 5.2254%. The 2-year yield fell 7.27 basis points to 4.8516%, up 10.83 basis points on the week.

TREE NEWS update: The US Geological Survey reported a magnitude 7.0 earthquake 68 kilometers east-northeast of Tadine in New Caledonia, in the South Pacific. The quake struck in the ocean near the French territory’s Loyalty Islands. No further details on depth, casualties or damage were immediately given.

TREE NEWS update: A US official said Washington is holding active and constructive discussions with Iran through intermediaries, with the two sides continuing to communicate on the nuclear issue. The comment was tied to a seven-day plan, the official said. No further details on the talks or the plan were provided.

TREE NEWS update: Brazil’s finance minister said the country will roll out another debt restructuring program. The announcement was made without further details on the program’s scope, size or timing. Brazil has previously pursued debt renegotiation schemes aimed at easing household and business obligations.

TREE NEWS reports: FTSE China A50 index futures closed the overnight session up 0.08% at 14,297 points.

TREE NEWS reports: At the Friday (Sept 25) close in New York, S&P 500 futures finished up 0.51%, Dow futures rose 0.93% and Nasdaq 100 futures gained 0.51%. Russell 2000 futures added 0.17%.

TREE NEWS reports: The offshore yuan (CNH) closed at 6.7227 per dollar in New York on Friday, down 68 points from Thursday’s close, with intraday trading between 6.7134 and 6.7258. The CNH fell more than 0.4% over the week, retreating for a fourth straight session.

TREE NEWS update: Iran’s foreign minister said the Strait of Hormuz remained navigable until February 28, and that the current insecurity and shipping disruptions there are the direct result of what he called US and Israeli aggression. He added that a country cannot be bombed, threatened with destruction, and subjected to a naval blockade and coercive measures while expecting security and shipping to recover on their own.

TREE NEWS reports: Spot gold rose 0.25% to $4,285.81 an ounce on Friday, September 25, but ended the week down 2.11%. COMEX gold futures fell 2.35% on the week to $4,321.40 an ounce, while COMEX silver futures dropped 3.60% to $64.730 an ounce. The State Street metals and mining ETF slipped 0.26% on the week, its fifth straight weekly decline.

TREE NEWS update: An earthquake of about magnitude 4.7 struck near Gaoxian county in Yibin, Sichuan province, at 05:01 on September 26, according to an automatic determination by the China Earthquake Networks Center. The epicenter was placed at 28.51 degrees north latitude and 104.69 degrees east longitude. The final result is subject to the official rapid report.