Flash News

TREE NEWS update: Saudi warplanes carried out three airstrikes on Mocha, a port city in Yemen’s Taiz province, on the 22nd, causing multiple casualties including women and children. Saudi Arabia has not yet responded to the reports.

TREE NEWS update: China’s National Development and Reform Commission said private investment in water network construction exceeded 10.8 billion yuan in the first half of the year, up 85.8% year on year. Li Chao, deputy director of the NDRC’s policy research office, told a press conference that private capital accounts for half of the projects approved so far in the green power direct-connection sector.

TREE NEWS update: China’s National Development and Reform Commission said private investment in water network construction exceeded 10.8 billion yuan in the first half, up 85.8% year on year. Li Chao, deputy director of the NDRC’s policy research office, told a press conference that private capital is involved in half of the green power direct-connection projects approved so far.

TREE NEWS update: The United States plans to reactivate a Cold War-era military base at Narsarsuaq in southern Greenland and establish a military presence at a site at Mestersvig on the island’s east coast, three people familiar with the matter said on the 21st. The moves are part of an agreement the US, Denmark and Greenland are set to sign.

TREE NEWS update: The United States plans to reopen a Cold War-era military base at Narsarsuaq in southern Greenland and establish a military presence at a site on the island’s east coast at Mestersvig, Denmark and Greenland are set to sign. Three people familiar with the matter described the plan on the 21st.

TREE NEWS update: Reserve Bank of New Zealand Governor Breman said short-term inflation is expected to run slightly above the bank’s September statement forecasts if oil prices remain elevated. The RBNZ will assess incoming data and global conditions before its next decision in October, and continues to monitor the inflation outlook. Breman said economic risks remain significant, with the recovery expected to strengthen and broaden but still uneven this quarter.

TREE NEWS update: China added nearly 70 million tonnes of recoverable oil reserves and 610 billion cubic metres of natural gas reserves in the first eight months of the year, the State Council Information Office said at a briefing on natural resource use. New resources at the Chating copper-gold mine in Anhui and the Zhugongtang lead-zinc mine in Guizhou reached super-large scale.

TREE NEWS update: China’s State Council Information Office said at a briefing that prospecting breakthroughs from January to August added nearly 70 million tonnes of recoverable oil reserves and 610 billion cubic metres of natural gas. New resources at the Chating copper-gold mine in Anhui and the Zhugongtang lead-zinc mine in Guizhou reached ultra-large scale, officials said.

TREE NEWS update: SpaceX has stopped selling rideshare missions on its Falcon 9 rocket. The move ends a program that let small satellite operators and other customers buy slots on regularly scheduled launches rather than booking an entire rocket. SpaceX has not announced a replacement offering or explained the decision.

TREE NEWS update: SpaceX has stopped selling rideshare missions on its Falcon 9 rocket, closing off a low-cost launch option that had been used by small satellite operators and startups. The change was reported by The Wall Street Journal. No reason for the halt or a timeline was given.

TREE NEWS reports: The MSCI Asia-Pacific Index climbed 1% to 281.28 points. The move marks a broad advance across Asia-Pacific equities in the session.

TREE NEWS update: China’s National Immigration Administration forecasts a surge in border crossings during the upcoming Mid-Autumn Festival and National Day holidays. Average daily crossings are expected to reach 2.25 million during the Mid-Autumn holiday and 2.15 million during the National Day holiday, with peak days on September 25, September 27, October 1, and October 4. Single-day crossings are projected to exceed 2.4 million at their highest.

TREE NEWS update: South Korea’s first investment project under its trade agreement with the United States is a natural gas power plant in Texas. Seoul is also evaluating nuclear power and an Alaska project as its next US investment candidates, and said its annual US investment will not exceed a $20 billion cap.

TREE NEWS update: South Korea is negotiating with the United States to acquire a 5% to 10% equity stake in nuclear power company Westinghouse. The talks were disclosed without further detail on the deal’s value or structure. No timeline for a possible agreement was given.

TREE NEWS update: China’s Ministry of Culture and Tourism launched the 2026 National Day Culture and Tourism Consumption Month on September 22 at a main-venue event in Mile, Yunnan. Running from late September through the end of October, the program brings together relevant departments and supporting partners to roll out cultural tourism activities and consumer benefits around the Mid-Autumn and National Day holidays, expanding seasonal offerings for residents and visitors.

TREE NEWS update: The All-China Federation of Industry and Commerce released the 2026 China Top 500 Private Enterprises list in Tianjin on September 22, with JD.com, Alibaba (China) Co., Ltd. and Hengli Group taking the top three spots. The ranking came from the federation’s 28th survey of large-scale private firms, covering 6,350 companies with 2025 revenue above 1 billion yuan, of which the top 500 by revenue made the list.

TREE NEWS update: Alibaba is selling $500 million worth of ZTO Express shares through a block trade, the company disclosed. The sale of the stake in the Chinese logistics firm is being arranged as a single block transaction. No further terms, pricing or buyer details were given.

TREE NEWS reports: The ChiNext Index, which tracks growth-oriented stocks on the Shenzhen Stock Exchange, climbed more than 2% on the session. The move marks a gain of over 2% for the benchmark, which is weighted toward technology and emerging-industry companies. No further details on the drivers or the closing level were provided.

TREE NEWS reports: China’s treasury bond futures opened mixed on the latest trading session, with the 30-year main contract up 0.05% and the 5-year main contract up 0.01%. The 10-year and 2-year main contracts were both flat at 0.00%.

TREE NEWS update: European Commission President Ursula von der Leyen said the European Union has reached a free trade agreement with the Philippines. The announcement marks a new trade pact between the 27-nation bloc and the Southeast Asian economy. No further terms or timeline were disclosed.