Flash News

TREE NEWS reports: Chile’s copper exports fell to their lowest monthly level since July 2025 in August, despite soaring prices, as severe winter storms and operational setbacks hit the world’s top producer. Central bank data released Monday showed export value at $4.62 billion, down 14% from July and 3.2% year-on-year. Meanwhile, average copper prices in August were over 40% higher than a year earlier.

TREE NEWS update: On September 7, the Serbian government held a special meeting, after which Prime Minister Macut announced that the government had submitted a proposal to President Vučić to dissolve the National Assembly. The move paves the way for early parliamentary elections.

TREE NEWS update: Russia will close Germany’s consulate general in St. Petersburg. The move follows diplomatic tensions between the two countries. No further details were provided.

TREE NEWS update: Iran’s Economy Ministry has established an “Economic War Command Headquarters” to coordinate responses to war-induced economic challenges, state news agency Mehr reported on the 6th. The body will analyze economic problems stemming from conflicts and accelerate solution development and implementation across relevant departments.

TREE NEWS update: Liu Bin, Assistant Minister of Foreign Affairs of China, met with a delegation of former senior Pakistani diplomats. He expressed China’s willingness to fully implement the important consensus of the two leaders and strengthen bilateral and multilateral cooperation on the occasion of the 75th anniversary of China-Pakistan diplomatic relations. The Pakistani side expressed readiness to deepen exchanges and cooperation across various fields.

TREE NEWS reports: Bitcoin held near $80,000 on Monday despite renewed fears of a Federal Reserve rate hike in September, with odds climbing to around 60% after Friday’s strong jobs report. Investors now focus on U.S. inflation data due later this week, which could sway the Fed’s next move and crypto market sentiment.

TREE NEWS update: The Israel Defense Forces announced it has killed a commander of Hamas’s elite Nukhba force. The operation targeted the commander as part of ongoing military efforts. No further details were provided.

TREE NEWS update: On September 7, European Commission President Ursula von der Leyen, during a visit to Greenland, signed a joint declaration with Danish Prime Minister Mette Frederiksen and Greenlandic Premier Jens-Frederik Nielsen, pledging around €200 million in investment to deepen cooperation between the EU and Greenland.

TREE NEWS reports: At the opening of night trading, fuel oil, asphalt, and low-sulfur fuel oil futures rose over 2%, while pure benzene, methanol, and crude oil gained over 1%. Meanwhile, soda ash, coking coal, ethylene glycol, and coke fell over 1%.

TREE NEWS update: On September 7, China’s Commerce Minister Wang Wentao met with Finnish Minister of Economic Affairs Wille Rydman, discussing bilateral and China-EU trade relations. The meeting was confirmed by China’s Ministry of Commerce.

TREE NEWS reports: Cui Dongshu of the China Passenger Car Association said price cuts in August 2026 covered 10 models, 13 fewer than the same month last year. Pure fuel models accounted for 2 cuts, down 3 year-on-year, while pure electric models saw 6 cuts, down 8. Cui noted pressure on fuel and range-extender vehicles justifies the adjustments.

TREE NEWS update: European Commission President Ursula von der Leyen announced that EU funding for Greenland will double by 2034. She stressed the EU’s direct interest in Arctic developments and expressed full solidarity with Greenland.

TREE NEWS reports: This week’s US CPI and PPI inflation data, along with the Federal Reserve’s September 16 rate decision, could determine whether Bitcoin can hold $80,000 as a support level. The reports come amid yen intervention and broader macro pressures, making the upcoming data releases critical for Bitcoin’s short-term trajectory.

TREE NEWS reports: The Baltic Dry Index, a key gauge of global shipping costs for dry bulk commodities, declined 1.46% to 3,575 points. The drop reflects weakening demand in the dry bulk shipping market.

TREE NEWS update: China Securities Regulatory Commission (CSRC) Chairman Wu Qing met Saudi Arabia’s Assistant Minister of Investment Ibrahim bin Yousef Al-Mubarak in Beijing on September 7. The two sides exchanged views on strengthening capital market cooperation and promoting two-way investment between China and Saudi Arabia.

TREE NEWS update: On September 7, Wu Qing, Chairman of the China Securities Regulatory Commission, met in Beijing with Salmi, Executive President of Oman’s Financial Services Authority. The two sides exchanged views on strengthening capital market cooperation between China and Oman and on the achievements of China’s capital market reform and opening-up.

TREE NEWS update: German Chancellor Friedrich Merz stated that the rise of far-right forces in the country will inevitably bring ‘consequences.’ His remarks come amid growing concerns over political extremism in Germany. Merz did not specify what actions might follow.

TREE NEWS update: Chinese Premier Li Qiang met Qatar’s Prime Minister and Foreign Minister Mohammed in Beijing, pledging to align development strategies under the Belt and Road Initiative. Li called for deeper cooperation in traditional and new energy, infrastructure, AI, and finance, while inviting Qatari investment in China. He also urged Qatar to ensure a favorable environment for Chinese firms and citizens, and support mediation efforts for Middle East peace.

TREE NEWS reports: Panama Canal Authority chief Ilya Espino de Marotta said daily vessel transits could fall further from the current reduced level of 32 to as low as 27. She described the potential cut as a “worst-case scenario” based on simulations using 1997 rainfall patterns, the driest year on record. Climate change is increasing the frequency of dry years, she added.

TREE NEWS reports: Oil prices jumped on Tuesday after reports that Saudi Aramco’s refinery in Jizan was attacked. WTI crude rose 0.59 in five minutes to $92.19 per barrel, while Brent gained 0.62 to $97.38. Damage assessment is underway.