Flash News

TREE NEWS update: Russian Foreign Minister Sergey Lavrov will meet US Secretary of State Marco Rubio at the United Nations General Assembly in New York, TASS reported. No date, agenda or further details of the meeting were given. The encounter would be the latest direct contact between senior Russian and US officials.

TREE NEWS update: The oil tanker Elgaia was attacked off the coast of Oman, setting its engine room on fire, and is being towed toward an Omani port. All 23 crew members aboard have been evacuated, while two people remain missing, Omani authorities said. The vessel was struck near the Omani coast before the fire broke out.

TREE NEWS update: The China Iron and Steel Association issued an initiative calling on the industry to strictly implement output controls and voluntarily cut production to draw down inventories. It said 2026 has brought “strong supply, weak demand, low prices and weak profits”, with domestic steel demand continuing to soften and inventories at mills and in society at multi-year highs, pushing steel prices down and sharply cutting core steel profits. The association said the problem lies on the demand side, but the fundamental fix is on the supply side.

TREE NEWS update: China’s national carbon emissions trading market has traded a cumulative 961 million tonnes worth 65.699 billion yuan as of end-August, the 2026 China Carbon Market Conference in Wuhan heard on Tuesday. The National Carbon Market Development Report (2026) released at the event showed 2025 volume reached a record 235 million tonnes, up 24.36% year on year, across 243 trading days, with turnover of 14.63 billion yuan.

TREE NEWS reports: The People’s Bank of China Shanghai Head Office reported that Shanghai’s RMB loans increased by 14 billion yuan in August, 9.3 billion yuan more than a year earlier. RMB deposits in the city rose by 31.4 billion yuan, 360.9 billion yuan less than the year-earlier increase.

TREE NEWS reports: US stock index futures kept falling, with Dow Jones futures down 0.74%, S&P 500 futures down 0.60% and Nasdaq 100 futures down 0.71%. The three main US equity futures contracts extended their declines through the session.

TREE NEWS update: HIMA announced on September 15 that Seres will lead Aito’s product definition, product design, brand marketing, channel retail and service system, with Huawei’s terminal unit participating in an enabling role. Aito was jointly designed and built by Huawei and Seres, the statement said. The two partners described the arrangement as an important outcome of cross-industry integration and industrial upgrading.

TREE NEWS update: XPeng Group and Halo opened a megawatt fast-charging station in San Po Kong, Hong Kong on September 15, the first such station in the city open to drivers of all vehicle brands. XPeng said the site is the world’s first deployment of its X-Energy megawatt charging technology, with peak output of 1,000 kW.

TREE NEWS reports: Shenzhen’s state-owned capital fund cluster has grown to more than 500 funds with combined assets exceeding 700 billion yuan, the city’s State-owned Assets Supervision and Administration Commission said in its 2025 ESG report. Strategic emerging industry assets held by Shenzhen’s municipal state-owned enterprises reached 488.9 billion yuan by the end of 2025, up 9.3% from the start of the year. Over 90% of the fund capital is directed at Shenzhen’s “20+8” strategic emerging and future industries.

TREE NEWS reports: China’s urban rail transit networks carried 2.94 billion passengers in August 2026 across 348 lines in 54 cities, the Ministry of Transport said. Operating mileage reached 11,888.5 km, with 3.84 million train trips run and 1.75 billion station entries. Average daily ridership rose 2.1% year on year, while average passenger intensity was 8,060 passengers per kilometre per day.

TREE NEWS reports: Germany’s ZEW economic current conditions index for September came in at -47.1, up from -61.1 in the previous month. The reading marks a sharp improvement in the assessment of current conditions in Europe’s largest economy, though the index remains in negative territory.

TREE NEWS reports: The eurozone’s ZEW economic sentiment index came in at 25.8 for September, down from 31.4 a month earlier. The reading marks a decline in analyst and investor expectations for the currency bloc’s economic outlook.

TREE NEWS update: European Central Bank Governing Council member and Bank of France Governor Moulin said rising long-term interest rates are a global phenomenon, and that the inflation outlook justifies ECB rate hikes. Moulin also said France’s financial sector is sound, that countries must take the necessary steps to reduce deficits, and that central banks must maintain credibility on inflation.

TREE NEWS update: China’s Qianfan constellation grew to 248 satellites after 10 new spacecraft were launched into their planned orbits at 14:26 Beijing time on September 15, 2026, from the Dongfeng Commercial Aerospace Innovation Test Zone using a Zhuque-2E Y7 rocket. All satellites are reported in normal condition and the mission was a complete success. One satellite, SSGEN1-288, was named “Ruixin Jingang.”

TREE NEWS update: Japan’s growth strategy minister Minoru Uchida said he personally supports economists who advocate a ‘high-pressure economy’ for Japan. Asked about the concept given the current fiscal and monetary policy backdrop, Uchida said he has used the phrase less recently because definitions vary. He said it is important for the Bank of Japan to maintain independence while communicating with the government, which will assess fiscal conditions using metrics including debt-to-GDP, net interest payments and bond issuance.

TREE NEWS update: Ukrainian Foreign Minister Andrii Sybiha said on the 15th that Ukraine is willing to reach an energy ceasefire agreement with Russia. Sybiha said the position has been communicated to international partners, some of whom have put forward proposals, and that multiple parties will coordinate to advance the energy truce. No timeline or terms were disclosed.

TREE NEWS update: A Zhuque-2 improved Y7 carrier rocket lifted off at 14:26 local time from the Dongfeng Commercial Aerospace Innovation Test Zone, placing 10 satellites of the Qianfan polar-orbit Group 19 into their planned orbits. The flight was the ninth for the Zhuque-2 series and the first time a Chinese private commercial space company has carried out a large-scale satellite internet constellation deployment mission.

TREE NEWS update: China’s State Administration of Foreign Exchange said non-bank cross-border receipts and payments totaled $1.5 trillion in August, with a net inflow of $62.4 billion, up 4% from July. Goods trade posted a high net inflow, while the services deficit widened 6% on summer study-abroad and travel, and foreign-invested firms’ dividend and interest remittances fell 23% from the seasonal peak. Two-way direct investment stayed broadly stable.

TREE NEWS update: China’s National Development and Reform Commission has urgently allocated 30 million yuan from the central budget to support post-disaster emergency recovery in Hainan following severe rainstorms and flooding. The funds are designated for recovery work in the province, which was hit by heavy rainfall and flooding.

TREE NEWS reports: China’s State Administration of Foreign Exchange reported that banks settled 1,709.0 billion yuan and sold 1,380.0 billion yuan in foreign exchange in August 2026. For January to August 2026, cumulative bank settlement reached 14,311.1 billion yuan, with cumulative sales of 11,984.8 billion yuan.