Flash News

TREE NEWS update: China’s National Development and Reform Commission (NDRC) organized a special meeting with Xinjiang regional authorities, China State Railway Group, and Urumqi Railway Bureau to boost coal outbound shipments from Xinjiang. The meeting focused on stabilizing coal output, strengthening transport capacity, and increasing shipment volumes. The NDRC will enhance coordination to address key issues, ensuring Xinjiang coal supports national supply.

TREE NEWS reports: The yen strengthened to 154.99 per dollar, its strongest level since May and surpassing the high seen after Japan’s intervention. The currency’s rally reflects sustained demand for the safe-haven asset amid market uncertainty.

TREE NEWS reports: The US dollar fell 0.6% against the Japanese yen, hitting a session low of 155.31. The move reflects ongoing yen strength amid market dynamics.

TREE NEWS reports: The US dollar fell against the Japanese yen to 155.5, trading at 155.395, down 0.5% from the previous session’s close. The move reflects ongoing currency market volatility.

TREE NEWS update: China’s central bank raised its gold reserves to 76.73 million fine troy ounces at end-August, up from 76.08 million at end-July, marking the 22nd consecutive month of increases. The continued accumulation underscores Beijing’s diversification away from dollar assets amid global economic uncertainty.

TREE NEWS reports: China’s foreign exchange reserves increased to $3,438.32 billion in August from $3,418.78 billion in July. The rise reflects continued stability in China’s external balances amid global market fluctuations.

TREE NEWS reports: The London Metal Exchange reported daily inventory changes on [date not specified]. Copper stocks rose by 2,300 tonnes, while lead fell by 3,525 tonnes. Zinc increased by 925 tonnes, nickel decreased by 24 tonnes, and tin fell by 55 tonnes. Aluminum stocks were unchanged.

TREE NEWS update: The Pinglu Canal will be completed and opened for navigation on September 16, according to a press conference held by the Information Office of the People’s Government of Guangxi Zhuang Autonomous Region. The announcement was made during the conference.

TREE NEWS update: Russian Foreign Minister Sergei Lavrov and Saudi Foreign Minister Prince Faisal bin Farhan will hold talks on September 8. The meeting is expected to discuss bilateral relations and regional issues.

TREE NEWS update: Iran said a deal on temporary shipping routes through the Strait of Hormuz will be reached within the coming days. The announcement was made without further details, signaling a potential easing of tensions in the vital oil passageway.

TREE NEWS update: China’s Ministry of Agriculture and Rural Affairs and five other agencies jointly issued an implementation plan to improve funding mechanisms for rural revitalization. The plan aims to enhance the efficiency of policies supporting agriculture and farmers. It was released by the ministry, the Central Agricultural Affairs Office, the National Development and Reform Commission, the Ministry of Finance, the People’s Bank of China, and the financial regulator.

TREE NEWS update: Iran announced that negotiations with Oman regarding the Strait of Hormuz have entered their final stage. The talks aim to address issues related to the strategic waterway, a critical chokepoint for global oil shipments. No further details were provided.

TREE NEWS update: Qatar’s foreign ministry spokesperson Majid Al Ansary said at the Hill Forum in Abu Dhabi that finding terms acceptable to both the US and Iran is very difficult. He noted that while defense partners and allies are important, security cannot rely solely on them. Gulf economies remain fragmented and need greater interdependence regionally and beyond.

TREE NEWS update: At its 2026 interim results briefing, Changxin Technology’s independent director Chen Wuchao said the company will launch dividend plan discussions when appropriate. Citing improved DRAM prices and profitability in H1 2026, he noted the firm remains in a key investment phase for capacity expansion and tech upgrades, balancing shareholder returns with necessary capex.

TREE NEWS update: UBS Global Wealth Management now expects the Federal Reserve to raise interest rates by 25 basis points each in September and December 2026, reversing its previous forecast of unchanged policy. The revised outlook marks a shift in the firm’s monetary policy expectations for the U.S. central bank.

TREE NEWS update: An Israeli airstrike on the village of Roumine in Nabatieh province early Saturday killed at least 11 people, including two infants, and wounded five others, Lebanon’s National News Agency reported. The strike destroyed a three-story residential building, with rescue workers recovering nine bodies from the rubble. A separate drone attack hit a civilian vehicle, killing two emergency workers.

TREE NEWS reports: Vietnam’s VN Index dropped 2.1% to close at 1,813.94 points. The decline reflects broad market weakness, though specific drivers were not detailed in the report.

TREE NEWS update: China’s Ministry of Industry and Information Technology (MIIT) issued its 15th Five-Year Plan for the information and communications industry, prioritizing 6G R&D and trials, ultra-high-speed optical transmission and access, submarine cable communications, and hollow-core fiber technology. The plan also targets satellite communications, quantum encryption integration, and AI-era computing network technologies.

TREE NEWS update: China’s Ministry of Industry and Information Technology issued the 15th Five-Year Plan for the information and communication industry, setting 13 key targets for 2030, including cumulative infrastructure investment of 3.8 trillion yuan, industry revenue of 4.1 trillion yuan, and smart computing power reaching 9800 EFLOPS. The plan also aims for 50 5G base stations per 10,000 people and 95% 5G user penetration.

TREE NEWS update: China’s Ministry of Industry and Information Technology (MIIT) issued its 15th Five-Year Plan for the information and communication industry, outlining steps to evolve urban and hotspot networks to ‘dual 10-gigabit’ capabilities. The plan calls for deepening 5G coverage in key scenarios, extending 5G-Advanced networks to all county-level urban areas and key townships, and enabling peak rates of 10Gbps downlink and 1Gbps uplink in urban hotspots. It also plans to start 6G commercial use in due course and expand pilot construction of 10-gigabit optical networks.