Flash News

TREE NEWS reports: The US Labor Department will release August CPI data at 20:30 Beijing time on Friday. Economists expect headline CPI to rise 0.4% month-on-month and 3.4% year-on-year, with core CPI up 0.2% month-on-month and 2.4% year-on-year. Markets put the probability of a 25-basis-point Fed rate hike in September at about 70%, which would be the first hike since July 2023.

TREE NEWS update: The US Labor Department will release August CPI data at 20:30 Beijing time on Friday. Economists expect headline CPI up 0.4% month-on-month and 3.4% year-on-year, with core CPI up 0.2% month-on-month and 2.4% year-on-year. CME FedWatch shows markets price roughly a 70% chance of a 25 basis point Fed rate hike in September, which would be the first increase since July 2023.

TREE NEWS reports: Spot gold rose above $4,340 an ounce, gaining 0.6% intraday. The move marks a fresh push higher for the precious metal, which has rallied through successive round-number levels. No further details were immediately available.

TREE NEWS reports: Brent crude fell 2.0% intraday to $105.46 a barrel as international oil prices moved lower. US stock index futures rose in short order, with Nasdaq futures erasing losses to trade up 0.2%.

TREE NEWS update: Yemen’s Houthi Supreme Political Council said fighting has stopped across the Red Sea west coast provinces, claiming that forces Saudi Arabia had assembled to threaten the area have been driven out. The statement called for pressure on Riyadh to halt further deployments of forces and fighters to sensitive areas including the west coast, to prevent escalation and protect navigation. Saudi Arabia has not responded.

TREE NEWS reports: Brent crude extended its decline on September 11, with the intraday drop widening to 3% to trade at $102.99 a barrel. West Texas Intermediate fell nearly 3% to $97.68 a barrel, putting both benchmarks under pressure in the same session.

TREE NEWS reports: Brent crude fell 1.5% during the session to trade at $106 a barrel. The intraday decline marks a pullback in the global oil benchmark, which is closely tracked by energy markets and inflation-sensitive assets.

TREE NEWS reports: China’s A-share MLCC concept stocks rallied again in afternoon trading, with Yunzhong Technology rising more than 10%. Shuangxing New Material had earlier hit the daily limit-up, while Fenghua Advanced Technology, Hongming Electronics, Torch Electron, Sinocera Material and CCTC quickly climbed.

TREE NEWS update: China’s National Healthcare Security Administration convened a surgical robot expert symposium on the morning of September 11 in Beijing. Representatives from seven domestic and foreign surgical robot makers — including Huake Precision, Shanghai MicroPort, Medtronic, Intuitive Fosun, Shenzhen Jingfeng, Beijing TINAVI and Stryker — took part, alongside delegates from five hospitals, among them Guangdong Provincial People’s Hospital, Peking University People’s Hospital, Beijing Tiantan Hospital, Jishuitan Hospital and Beijing Tongren Hospital.

TREE NEWS reports: On the morning of September 11, the National Healthcare Security Administration organized an expert symposium on surgical robots. Representatives from seven domestic and international surgical robot manufacturers attended, including Huake Precision, Shanghai MicroPort, Medtronic, Intuitive Fosun, Shenzhen Jingfeng, Beijing TINAVI, and Stryker. Representatives from five hospitals—Guangdong Provincial People’s Hospital, Peking University People’s Hospital, Beijing Tiantan Hospital, Jishuitan Hospital, and Beijing Tongren Hospital—also participated in the discussion and exchange.

TREE NEWS update: Mastercard launched Mastercard Wallet Pay, a global digital wallet solution supporting contactless NFC, QR code and online payments, aimed at improving interoperability across wallets, platforms and payment methods. The company said digital wallet users worldwide now exceed 4.3 billion and are expected to top 6 billion by 2030. Wallet Pay covers more than 200 countries and territories, 150 currencies, with first participants including AlipayHK, GCash, KakaoPay, TNG eWallet and TrueMoney.

TREE NEWS update: The United States has deployed more than 100 military advisers to Saudi Arabia to expand intelligence and targeting support for Saudi operations against Yemen’s Houthi forces. The personnel belong to a joint task force command established in recent weeks, and Washington is providing real-time battlefield targeting tools and geospatial targeting support for Saudi airstrikes, people familiar with the matter said on the 10th.

TREE NEWS reports: Deepening conflict in the Middle East has heightened concerns over disruptions to global oil supply, a US report said on the 10th. An economist at UK-based Capital Economics said the conflict could hamper the recovery of oil production in the Gulf region and raise the risk of higher global energy prices in the coming weeks.

TREE NEWS update: South Korea’s foreign minister held a phone call with Iran’s foreign minister. The two top diplomats spoke by telephone, though no further details of the conversation were disclosed. The call marks direct diplomatic contact between Seoul and Tehran.

TREE NEWS reports: ChangXin Memory Technologies (CXMT) has grown its R&D headcount by roughly 60% year-on-year and launched global hiring for the class of 2027, offering more than 180 positions across Hefei, Beijing, Shanghai, Xi’an and Japan. The company’s second-quarter DRAM revenue rose 99.3% quarter-on-quarter, lifting its global market share to 9.5% from 7.6%, ranking fourth behind Samsung, SK Hynix and Micron.

TREE NEWS update: The United Arab Emirates said on December 10 that it hopes Algeria’s decision to sever diplomatic relations is temporary, expressing a wish to preserve the fraternal ties between the two peoples. In a foreign ministry statement, the UAE reaffirmed the importance it attaches to relations with all countries and its commitment to developing them, adding that it appreciates the Algerian people and remains committed to strengthening shared interests.

TREE NEWS reports: China’s Shenzhen Component and ChiNext indices each fell more than 2% in morning trade, with nearly 5,200 stocks declining across the market. Hong Kong’s Hang Seng Index dropped 0.85% and the Hang Seng Tech Index slipped 0.79%, as MINIMAX fell over 8%. The Bank of Japan is preparing to raise interest rates at next week’s policy meeting, most likely by 25 basis points.

TREE NEWS update: The US releases August CPI at 20:30 Beijing time, while CME’s 100-ounce silver futures begin around-the-clock trading. The Bank of Russia publishes its rate decision at 18:00, and the IEA issues its monthly oil market report at 16:00. The 2026 China Computing Power Conference opens in Langfang, and the 18th BRICS leaders’ summit runs September 12-13 in New Delhi.

TREE NEWS update: Foreign ministers of the six Gulf Cooperation Council states plan to meet Iran’s foreign minister next Monday in Salalah, Oman, to build support for an agreement on temporarily managing shipping through the Strait of Hormuz. It would be the first meeting between the GCC’s top diplomats and senior Iranian officials since US-Iran hostilities erupted in late February. Details are not final, but several countries have confirmed they expect the meeting to proceed.

TREE NEWS update: Iran and Gulf states will meet on Monday to push for an agreement on the Strait of Hormuz. The talks aim to reach a deal covering the key oil transit waterway. No further details of the agenda or participants were given.