Flash News

TREE NEWS update: Colombia announced it has severed diplomatic relations with Iran. The announcement was made without further detail on the timing or reasons behind the decision. No additional measures or statements were disclosed.

TREE NEWS reports: The FTSE China A50 index futures contract closed 0.03% higher in continuous overnight trading, settling at 14,318 points. The marginal gain leaves the benchmark, which tracks the 50 largest A-share companies listed in Shanghai and Shenzhen, little changed from the prior session.

TREE NEWS update: Argentine President Javier Milei said in New York that Falkland Islands residents would not be expelled and their rights would be respected if the UK hands over the territory, which Argentina calls the Malvinas. Milei said islanders would be treated with dignity and fairness while Argentina pursues its sovereignty claim. The UK rejected the position, saying sovereignty is not negotiable unless islanders wish it, and it will defend their right to self-determination and continued British status.

TREE NEWS reports: Spot gold fell 0.37% to $4,271.49 an ounce in late New York trade on Thursday, September 24. Spot silver dropped 1% to $63.7915 an ounce, while COMEX copper rose 0.16% to $6.7645 a pound. The Philadelphia Gold and Silver Index closed down 1.53% at 381.05, and the NYSE Arca Gold Miners Index fell 1.75% to 2,645.04.

TREE NEWS reports: Bank of America strategist Raghav Adlakha said carry trades can keep working only if interest-rate volatility falls, ideally with US rates staying rangebound. If that happens alongside oil below $100 a barrel, the theme could make a comeback, he said.

TREE NEWS reports: Citigroup has closed its emerging-market carry trade portfolio, which had been long the South African rand, Mexican peso, Colombian peso and Turkish lira while short the Canadian dollar and Swiss franc. In a Thursday research note, the bank attributed the move to a strong US PMI report, a weak 5-year Treasury auction and geopolitical headlines that together pushed market volatility higher. Analysts said carry trades typically underperform in periods of elevated volatility and crowded positioning.

TREE NEWS update: Peng Liyuan, wife of Chinese President Xi Jinping, visited the National Museum of Asian Art in Washington on Sept. 24 with Melania Trump, wife of U.S. President Donald Trump. Peng expressed appreciation for the U.S. returning Chinese cultural relics in recent years and called for continued cultural-exchange and heritage-protection cooperation. The two then watched American teenagers sing Chinese songs.

TREE NEWS reports: UN Trade and Development (UNCTAD) said in a report released on the 24th that the Palestinian economy and public finances face severe pressure, and that Gaza’s recovery and reconstruction will require an estimated $71.5 billion. The report said Israel’s prolonged occupation constrains Palestinian economic development, and that the economic cost of the occupation has risen sharply since the latest Israel-Hamas conflict began in October 2023.

TREE NEWS reports: MSCI’s emerging markets stock index fell 0.4% and a gauge of developing-nation currencies dropped 0.9%. The declines mark a weaker session for emerging-market equities and foreign exchange.

TREE NEWS update: NATO Secretary General Mark Rutte said Europe’s insufficient refining capacity could leave the continent vulnerable if war breaks out. “Refineries are closing one after another,” Rutte said Thursday in an interview with Bloomberg Television on the sidelines of the UN General Assembly in New York. He said that if Russia attacks, Europe would need large volumes of diesel and other petroleum products to defend itself.

TREE NEWS reports: US Treasury yields hit a 19-year high on Thursday, pressuring risk assets while Bitcoin held near $84,000. ONDO became the top performer among altcoins during the session.

TREE NEWS reports: On Thursday, September 24, most US sector ETFs closed lower, with the utilities ETF down 0.98% and the technology, global tech and semiconductor ETFs slipping as much as 0.32%. Energy rose 0.37%, the networking index ETF gained 0.77%, regional banks added 0.8% and the biotech index ETF led with a 1.28% advance.

TREE NEWS reports: On Thursday, September 24, the iShares 20+ Year Treasury Bond ETF closed down 1.29%, the steepest decline among major US asset-class ETFs. Investment-grade corporate bond ETFs fell 0.71%, emerging market ETFs 0.68% and inflation-protected bond ETFs 0.49%, while the United States Brent Oil Fund rose 2.45% and the dollar index gained 0.14%.

TREE NEWS update: MSCI has added the Canadian Securities Exchange to its list of eligible stock exchanges for Canada under the MSCI Global Investable Market Indexes methodology. The change means securities listed on the CSE can now qualify for inclusion in MSCI’s Canada index construction, expanding the venue’s role in global benchmark coverage.

TREE NEWS update: Chinese President Xi Jinping met US President Donald Trump at the White House on the morning of September 24 local time, the two leaders’ second in-person meeting in under six months. Xi said the two countries’ trade teams reached a new joint arrangement in their latest round of consultations, and proposed continued bilateral dialogue on artificial intelligence risks and benefits. Both sides confirmed mutual support for hosting the 2026 APEC and G20 summits.

TREE NEWS reports: The US 10-year Treasury yield climbed to 5.2%, its highest level since 2007. The move marks a fresh multi-year peak for the benchmark rate that anchors global borrowing costs.

TREE NEWS update: Blue Origin has raised $10 billion at a $140 billion valuation in its first round of outside capital, with Jeff Bezos contributing $2 billion. Documents on the company’s revenue show Bezos has invested $30 billion in the firm since 2000. Blue Origin posted $800 million in 2025 revenue, with 2026 revenue estimated at $1.4 billion so far, and is projected to exceed $30 billion by 2030.

TREE NEWS update: Israeli Prime Minister Benjamin Netanyahu addressed the 81st UN General Assembly general debate on the afternoon of September 24 local time, early September 25 Beijing time. Most national delegates walked out in protest, while the Israeli delegation and others applauded loudly. Netanyahu called the departing delegates “cowards.”

TREE NEWS update: India’s market regulator will let domestic portfolio managers invest in overseas securities for the first time and take short positions in stock options. Managers may also invest in unlisted debt securities and take derivatives exposure of up to 1.25 times client assets, with unhedged short positions within prescribed limits. Foreign portfolio investors were additionally allowed non-cash settlement and non-agricultural commodity derivatives, and a mutual-fund-only portfolio management product with a minimum investment of 2.5 million rupees was approved.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed preliminarily down 0.6%. Among popular Chinese ADRs, Zai Lab fell 4.3%, Daqo New Energy dropped 3.5%, JinkoSolar lost 2.7%, Baidu slipped 1.8%, Pinduoduo declined 1.3%, Tencent and ASE Technology each fell 0.8%, and Alibaba edged down 0.1%, while Xiaomi gained 0.6% and New Oriental rose 1.8%. China-focused ETFs CQQQ and KWEB fell 1.1% and 0.5%, respectively.