Flash News

TREE NEWS update: Myanmar’s Mandalay International Airport and surrounding areas were attacked by drones on September 10, with the drones intercepted by air-defense systems and no casualties reported, state media said on September 11. Some flights at the airport were temporarily suspended.

TREE NEWS update: IAEA Director General Rafael Grossi said on September 11 that the Zaporizhzhia nuclear plant restored external power this week, easing the immediate risk of a total station blackout, but warned the supply situation remains highly fragile. Diesel reserves still need replenishing after the plant lost external power 10 times since June, with the most recent outage heavily drawing down stocks. Off-site fuel storage is reportedly empty and resupply remains difficult due to the military situation.

TREE NEWS update: Ukraine said it struck the Saratov oil refinery in Russia. The reported attack targets a Russian refining facility in the Saratov region. No further details on damage or casualties were provided in the material.

TREE NEWS update: China’s securities regulator issued an administrative penalty decision (No. 37 of 2026) banning Zong Jianshu, a securities practitioner, from the market for five years for fabricating and spreading false information. The CSRC found that on December 16, 2025, Zong fabricated information about tax rate adjustments and posted it in a WeChat group, which was determined to be false.

TREE NEWS update: Russia’s central bank kept its benchmark interest rate unchanged at 14.00%, matching expectations. The decision leaves the policy rate at its existing level.

TREE NEWS update: The Guangzhou Futures Exchange announced trading rules for its polysilicon PS2709 and lithium carbonate LC2709 futures contracts. Polysilicon PS2709 will carry a trading fee of 0.01% of transaction value, with same-day open-and-close trades charged 0.025%. Minimum order sizes are five lots to open and one lot to close, and non-futures-member firms or clients are capped at 200 lots of new positions per day.

TREE NEWS update: BRICS finance ministers and central bank governors on Friday renewed calls for urgent reform of the International Monetary Fund and the World Bank to give emerging and developing economies a greater voice. In a joint statement they said the post-war Bretton Woods institutions should better reflect shifts in the global economy, urging higher IMF quotas and voting rights for those economies and stronger representation in the leadership of both bodies.

TREE NEWS update: Bank of France governor Emmanuel Moulin said the current economic situation is worrying and urged the government and parliament to act on the budget deficit. “I wouldn’t say France is in danger, but the situation is worrying and unsatisfactory,” said Moulin, who also sits on the European Central Bank’s Governing Council. He said issues must be resolved, especially public finances and the budget deficit.

TREE NEWS update: China’s Cyberspace Administration, Ministry of Agriculture and Rural Affairs, and Ministry of Industry and Information Technology jointly issued the Digital Countryside High-Quality Development Action Plan (2026-2030). The plan calls for deeper universal telecom service and “Broadband Border” construction, on-demand 5G and gigabit optical network deployment in rural areas, and exploration of high-throughput satellites and low-earth-orbit satellite internet to provide diversified network access for rural and remote regions.

TREE NEWS reports: Options traders remain bullish on the yen over the longer term, looking past short-term spot swings. The one-year risk reversal widened to 54 basis points in favor of yen calls on Friday, the highest level since February on a closing basis. The gauge was unaffected by near-term spot volatility.

TREE NEWS reports: A survey of 48 economists conducted September 4-9 found only 13 expect a rate hike at this month’s Fed meeting, with most predicting the central bank holds rates steady through the September 15-16 meeting and again in October. Economists point to cooling inflation and the approaching US midterm elections as reasons policymakers will stay on hold until at least end-2027, even as market bets on a hike have risen.

TREE NEWS update: China’s Ministry of Finance issued an implementation plan to accelerate high-quality development of agricultural insurance, requiring that premium subsidy funds be disbursed to insurers promptly and payment methods be optimized. The plan also calls for stronger verification of policyholder information against agricultural production and historical insurance data, and encourages provincial-level finance departments to settle directly with insurers’ provincial branches.

TREE NEWS update: China’s Ministry of Finance issued an implementation plan to accelerate high-quality development of agricultural insurance, calling for timely disbursement of premium subsidy funds to insurance institutions and improved payment methods. The plan requires strengthened verification of policyholder information against agricultural production and historical insurance data, and encourages provincial finance departments to settle accounts directly with provincial branches of insurers.

TREE NEWS update: China’s Ministry of Finance issued an implementation plan to accelerate high-quality development of agricultural insurance, calling for dynamic adjustment of coverage levels for breeding sows, fattening pigs and dairy cows. The plan promotes electronic ear tags and biometric identification to monitor livestock numbers, and encourages differentiated risk protection by farming method. It also supports insurance for Tibetan-specific breeds such as yaks and Tibetan sheep.

TREE NEWS update: China’s Ministry of Finance released an implementation plan to accelerate high-quality development of agricultural insurance, pledging to dynamically adjust coverage levels for breeding sows, fattening pigs and dairy cows. The plan calls for electronic ear tags and biometric technology to monitor livestock numbers, and encourages differentiated risk protection by farming method, along with support for Tibetan yak and Tibetan sheep breeds.

TREE NEWS update: The United Arab Emirates plans to invest €40 billion in Germany, the two countries announced on 10 December, as UAE President Mohamed bin Zayed began his first state visit to Germany. Part of the investment will go toward digital infrastructure. The two sides plan to set up an investment committee to deepen cooperation, including in artificial intelligence and new technologies.

TREE NEWS reports: The US Treasury raised its single long-bond buyback to $6 billion from a previously announced $4 billion, yet the 10-year Treasury yield climbed to 4.85% on September 10, its highest since November 2023, with the 30-year above 5.3%. US August PPI rose 0.4% month-on-month and 5.4% year-on-year, while July was revised up to 0.1%. Markets now price a 74% chance of a September Fed hike, and August CPI is due tonight.

TREE NEWS update: The Inner Mongolia Autonomous Region government has issued an action plan to accelerate high-quality development of its biomanufacturing industry, targeting output value of more than RMB 100 billion by 2030. The plan, released by the regional government office, also aims for the region to host at least 500 biomanufacturing enterprises, building out the full industrial chain as a key engine of new quality productive forces.

TREE NEWS reports: Yemen’s Houthi movement said Saudi warplanes carried out at least two airstrikes on Mokha airport in Yemen on Wednesday, the 11th. There was no immediate comment from Saudi Arabia. The strikes were reported by the Houthi side; no casualty or damage figures were given.

TREE NEWS reports: Bitcoin has climbed 23% over the past 21 trading days, outpacing a flat S&P 500 and Nasdaq 100, but stopped 1.5% short of the $83,000-$86,000 band that Glassnode identifies as a ceiling from three sources: long-term holder cost basis, the futures liquidation heatmap and the US spot ETF breakeven. Roughly 1.07 million BTC was bought between $83,000 and $86,000, mostly by long-term holders. Sell-side risk has fallen to 7 basis points a day, under half August’s peak.