Flash News

TREE NEWS update: Investors in Telecom Italia SpA face a September 11 deadline to accept Poste Italiane SpA’s €10.8 billion ($12.6 billion) takeover offer, with acceptance at just 6.16% of shares tendered as of Monday. CEO Pietro Labriola and other executives have tendered their shares, and the board endorsed the deal in July as strategically sound.

TREE NEWS reports: MSCI’s emerging markets equity index gained 1.8%, while its foreign exchange index rose 0.3%. The moves reflect broad market strength across developing economies.

TREE NEWS update: President Donald Trump on Monday posted a map on social media depicting the US flag over the US, Canada, Mexico, most of Central America, Greenland, Iceland, Cuba, Jamaica and other Caribbean islands. The map extends beyond his previous claims on Canada, Greenland and the Panama Canal, notably including Mexico and parts of the Caribbean. A day earlier, he posted a map relabeling New Mexico as ‘New America.’

TREE NEWS update: US President Donald Trump on the 7th threatened to ban Canadian aircraft maker Bombardier from selling in the US unless it starts producing there. Trump said Bombardier’s products are “not good enough” and that over 50% of its revenue comes from the US, while Canada blocks US banks and companies. He declared the “unfair” era over, demanding local production for US market access.

TREE NEWS reports: Gold fell about 0.6% on Monday, with spot gold down 0.58% to $4,404.30 per ounce at New York close, after hitting a daily low of $4,381.31. Silver slipped 0.06% to $66.1710, while platinum and palladium edged higher.

TREE NEWS reports: The dollar fell 1.20% against the yen on Monday, closing at 154.38 yen, with trading ranging from 156.28 to 154.06. The euro and pound also weakened, down 1.13% and 1.06% respectively.

TREE NEWS update: The US Department of Commerce announced that India has joined the initiative to ensure 6G network security. This move aligns India with other nations in collaborative efforts to develop secure and resilient next-generation telecommunications infrastructure.

TREE NEWS reports: The ICE US Dollar Index fell 0.25% to 98.925 points at New York close on Monday (September 7), trading between 99.209 and 98.832. Losses widened significantly around 16:00 Beijing time. The Bloomberg Dollar Spot Index declined 0.20% to 1188.20 points, with a range of 1191.29-1187.13.

TREE NEWS update: Local residents in Sirik, southern Iran, have collected explosive and missile debris from a wedding venue hit by US airstrikes on September 1, killing dozens. The debris was shown to CCTV reporters who visited the site. The attack was part of a large-scale US air campaign on multiple cities in southern Iran.

TREE NEWS reports: KB Securities warns that surging AI infrastructure investment is causing severe memory chip shortages, with Samsung Electronics and SK Hynix holding less than 10 days of inventory. The brokerage projects that actual sellable supply next year could be significantly insufficient.

TREE NEWS update: Brazil held its Independence Day military parade in Brasilia on September 7, with President Luiz Inacio Lula da Silva, Vice President Geraldo Alckmin, and heads of the Senate, Chamber of Deputies, and Federal Supreme Court in attendance.

TREE NEWS update: Indonesia’s transport ministry said on March 7 that multiple airports, including Jakarta’s main Soekarno-Hatta International Airport, remain closed due to the eruption of Mount Anak Krakatoa. The ministry’s latest data shows more than 340,000 travelers have been affected. It is unclear when the affected airports will fully resume operations.

TREE NEWS update: French President Emmanuel Macron has called on European Commission President Ursula von der Leyen to draft a pan-European law prohibiting children under 15 from using social media. Macron also proposed unified rules to identify and regulate features that may cause user dependency, and urged mandatory safety standards by default for digital platforms.

TREE NEWS update: On September 7, the Zaporizhzhia Nuclear Power Plant officially announced that external power supply via the 330 kV ‘Ferroalloy-1’ line has been restored. Following restoration, the plant’s systems have switched to normal operating mode.

TREE NEWS reports: Hang Seng Index futures fell 0.32% in overnight trading to 25,254 points. Hang Seng Tech Index futures dropped 0.44% to 4,505 points.

TREE NEWS reports: The onshore yuan (CNY) closed at 6.7110 per dollar at 03:00 Beijing time, down 2 points from Friday’s night session close. Trading volume reached $37.008 billion.

TREE NEWS update: The Israeli military said on Sunday it killed two Palestinian militants in two airstrikes in the Gaza Strip over the past two days. One strike on Saturday in the Shati area killed a member of Islamic Jihad, Subhi Khader Assem Batrishi, who was involved in planting explosives and attacking Israeli troops. The other killed a Hamas militant.

TREE NEWS reports: Shanghai International Energy Exchange crude oil futures for the 2610 contract closed the night session up 1.73% at 700.40 yuan per barrel. Meanwhile, Shanghai gold futures dipped 0.04%, while silver futures rose 0.74%.

TREE NEWS update: Finland announced on the 7th the completion of its border fence system along the Finnish-Russian border, with potential future expansion. The Border Guard stated the system, costing about 356 million euros, spans roughly 200 km across dozens of sections of the over 1,300-km border. It includes 4.5-meter fences, technical surveillance, roads, and a 25-meter clearing zone, mostly in the southeast.

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps (IRGC) announced that the parliament’s National Security and Foreign Policy Committee has discussed conditions for reopening the Strait of Hormuz. The conditions have been conveyed to Foreign Minister Abbas Araghchi. The statement follows heightened tensions in the strategic waterway.