Flash News

TREE NEWS reports: Saudi Crown Prince Mohammed bin Salman called President Trump twice on Thursday about the Houthis, urging the US to strike the group, US officials said. Trump declined the request. The officials said the United States has no plans to intervene against the Houthis.

TREE NEWS reports: The nine mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area recorded 7.28 trillion yuan in imports and exports in the first eight months of the year, up 21.9% year on year and a record for the period. August trade alone reached 1.01 trillion yuan, up 30.4%, crossing the trillion-yuan mark for a second time after June. The nine cities include Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing.

TREE NEWS reports: With US midterms in their final stretch, Wall Street is treating a divided Congress as its base case, expecting Democrats to retake the House in November while Republicans hold the Senate narrowly. Citi’s Stuart Kaiser said gridlock would force compromise and keep policy mild, letting stocks focus on corporate and economic fundamentals. Since 1950, US equities have averaged 13.7% annual gains under a Republican president with a split Congress.

TREE NEWS reports: Brent crude settled up 6.3% at $107.63 a barrel and US 30-year Treasury yields hit 5.37%, a 19-year high, as a Treasury buyback fell short of its $6 billion cap and President Trump pledged $5,000 to every US adult if Republicans keep Congress. The 10-year yield rose to 4.943%, the S&P 500 fell 0.6% and the Nasdaq 100 lost 0.9%.

TREE NEWS update: China’s Ministry of Finance issued a 10-year bond totaling 90 billion yuan at an issuance rate of 1.6677%, with a marginal rate of 1.6803% against an expected 1.6800%. The bid-to-cover ratio came in at 4.90 times, while the marginal bid ratio was 3.80 times.

TREE NEWS reports: The Shanghai Composite closed the morning session down 1.82% at 3862.73, with all major Chinese equity benchmarks in the red. The Shenzhen Component fell 2.34% to 13298.77, the ChiNext Index dropped 2.04% to 3270.35, and the CSI 300 slipped 1.59% to 4476.18. Smaller-cap gauges led losses, with the CSI 500 down 3.20% at 7470.88 and the CSI 1000 down 3.72% at 7305.31.

TREE NEWS reports: China’s A-shares fell broadly at the midday close on September 11, with the Shenzhen Component down 2.34% and the ChiNext Index down 2.04%, while the Shanghai Composite lost 1.82%. About 5,200 stocks declined across the Shanghai, Shenzhen and Beijing markets, and first-half turnover reached 1.28 trillion yuan. Only the hydropower sector gained, as nonferrous metals, financials and semiconductor chips led losses.

TREE NEWS update: US President Donald Trump said the war with Iran could end before the midterm elections. The remark points to a possible close of the conflict ahead of the US congressional vote, though no timeline or terms were given. Trump did not elaborate on how or when the war would conclude.

TREE NEWS update: The Export-Import Bank of China issued a 1-year bond worth 140 billion yuan at a coupon of 1.3415%, against an expected 1.3300%. Bidding reached 2.46 times the amount offered, with a marginal bid ratio of 1.00.

TREE NEWS reports: Vietnam’s benchmark VN Index dropped 1% on the day. The decline marks a down session for the country’s main stock market gauge. No further details on the drivers of the move were provided.

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) rose 1.30 basis points to 1.4170%. The 7-day SHIBOR gained 1.00 basis point to 1.4200%, while the 3-month rate was unchanged at 1.4300%.

TREE NEWS reports: The Bank of Japan is preparing to raise interest rates at its policy meeting next week, with a 25-basis-point increase seen as the most likely move. The central bank may also signal readiness to accelerate the pace of hikes, though it holds no preset view on the terminal rate or the timing of subsequent increases.

TREE NEWS reports: The number of commodity vessels transiting the Strait of Hormuz remained in the single digits on Thursday, data showed, well below the roughly 15-vessel average of the past 10 days. The strait is a key chokepoint for global oil and gas shipments.

TREE NEWS reports: The Shanghai Composite and Shenzhen Component Indexes each fell more than 2%, while the ChiNext Index dropped 1.81%, with nonferrous metals, large-cap financials and semiconductor chips leading the declines. Nearly 5,300 stocks across the Shanghai, Shenzhen and Beijing exchanges closed lower.

TREE NEWS reports: Shanghai Steel Union data showed the MMLC battery-grade lithium carbonate morning midpoint price at 139,350 yuan per tonne, down 3,500 yuan from the previous day’s 16:30 level. The figure covers the morning session.

TREE NEWS update: President Donald Trump said the $5,000 rebate payment will be named the “Trump Rebate.” The remark, made in a public statement, gives the proposed payout an official branding tied to his name. No further details on eligibility, timing or the mechanism for distributing the $5,000 were provided.

TREE NEWS reports: The Shenzhen Component Index fell more than 2% on the day, while the Shanghai Composite dropped 1.78% and the ChiNext Index lost 1.63%. Non-ferrous metals, semiconductor chips and large-cap financials led the declines. Nearly 5,200 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS update: Japanese Finance Minister Satsuki Katayama declined to comment on exchange-rate levels, saying Japan’s stance on foreign exchange is unchanged since joint intervention. She said Tokyo will maintain close communication with the U.S. Treasury, declined to comment on U.S. Treasury Secretary Scott Bessent’s remarks, and said his “I’m the house” line sounds somewhat frightening in Japanese.

TREE NEWS update: Israeli Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz said in a joint statement on the evening of the 10th that the Israeli military destroyed a Hezbollah underground facility beneath the Ali al-Tahir ridge in southern Lebanon that day. The IDF said more than 1,100 tons of explosives were used in the blast. The military said the network, belonging to Hezbollah’s Badr unit responsible for the area north of the Litani River, has eight tunnels totaling 5.4 km and served as the unit’s “nerve center.”

TREE NEWS update: China’s Ministry of Natural Resources released the China Mineral Resources Report 2026 and Global Mining Development Report 2026 at the 2026 China International Mining Conference, stating that as of the end of the 14th Five-Year Plan, its reserves of 14 minerals including rare earths, tungsten and tin rank first in the world. China’s geological exploration investment grew for a fifth consecutive year in 2025, with 200 new non-oil and gas mineral deposits discovered nationwide.