Flash News

TREE NEWS update: China’s National Energy Administration reported 4,276 newly registered renewable energy projects (excluding household solar) in July 2026. These included 38 wind projects, 4,236 solar projects (29 utility-scale, 4,207 commercial/industrial distributed), and 2 biomass projects.

TREE NEWS update: A Philippine court has issued an arrest warrant for Vice President Sara Duterte, confirmed by the justice department and her lawyers on September 4. The move follows a complaint filed against her, though details of the charges were not immediately disclosed. Duterte has yet to comment on the development.

TREE NEWS reports: The US August nonfarm payrolls report is due tonight, with consensus expecting 55,000 new jobs and unemployment at 4.1%. JPMorgan warns that strong data could boost bond yields and pressure stocks, as Fed Chair Warsh signaled tight policy. Goldman Sachs forecasts only 40,000 jobs, citing a cautious outlook. Markets are also eyeing next week’s CPI for Fed direction.

TREE NEWS update: Citadel’s head of economic research said the bond market reflects competition for funds and that the US may modestly tighten interest rates. The remarks suggest expectations of further policy normalization amid ongoing fiscal pressures.

TREE NEWS reports: Southbound Stock Connect funds have recorded net selling of HK$10 billion as of now. The outflow underscores investor caution in Hong Kong equities amid ongoing market volatility. The figure marks a significant daily shift in cross-border capital flows between mainland China and Hong Kong.

TREE NEWS update: The Dutch central bank announced on September 2 that it transferred about 86 tonnes of gold reserves from New York and Ottawa to London between March and August, via market transactions and physical shipments. The bank said the move aims to strengthen crisis response capabilities, citing London’s advantages as a global physical gold trading hub with high liquidity and low execution friction. It expressed confidence in remaining gold held in North America and has no further relocation plans.

TREE NEWS update: The People’s Bank of China held a party committee meeting, calling for steady deepening of financial reform and opening-up, and further improving financial management and service levels. The central bank emphasized implementing a moderately loose monetary policy, advancing the ‘five major articles’ of finance, and steadily resolving risks in key areas, in line with the 15th Five-Year Plan.

TREE NEWS reports: Data from travel app Umetrip shows domestic flight bookings for the Sep 25-Oct 7 travel period exceeded 3.83 million, up about 17% year-on-year. International flight bookings surpassed 1.77 million, up about 11%, ahead of the Mid-Autumn and National Day holidays.

TREE NEWS update: Xiaomi EV announced strategic cooperation with battery makers CALB and Sunwoda Power on the ‘Xiaomi Dragon Armor Battery’. The partnership aims to advance battery technology for its electric vehicles.

TREE NEWS update: Thailand has suspended 49 data center projects to develop new industry regulations, expected within a month. The government aims to establish unified, clear standards to ensure sustainable development of the sector.

TREE NEWS update: US retail diesel prices rose to an all-time high. The average price at the pump reached a new record level, surpassing previous peaks. The increase reflects ongoing supply constraints and strong demand, adding to concerns over inflation and transportation costs.

TREE NEWS update: Cuba’s government on May 3 introduced a batch of new policies to further reduce restrictions on foreign investment, foreign trade and tourism, expanding operating space for foreign-funded, joint-venture and private enterprises. The measures aim to boost economic openness.

TREE NEWS update: After nearly eight years of flight, the BepiColombo spacecraft detached from its propulsion module on the 3rd, heading toward Mercury orbit, with arrival expected in November. The European Space Agency received confirmation at 21:53 Beijing time, ending a tense two-hour wait at the control center in Darmstadt, Germany, where cheers erupted.

TREE NEWS update: China will develop friendly relations with all countries, including Nicaragua, on the basis of mutual respect and win-win cooperation, Foreign Ministry spokesman Guo Jiakun said at a regular press briefing on Wednesday. He reiterated China’s adherence to non-interference in internal affairs and respect for each country’s right to choose its own development path.

TREE NEWS reports: Emmanuel Sharef, who runs PIMCO’s flagship 60/40 balanced income and growth fund, is betting the next AI winners won’t be crowded US tech giants, shifting toward Asian equipment suppliers and Chinese financial and healthcare stocks. He cites rising debt burdens and uncertain earnings outlooks among many large US tech firms as spending soars.

TREE NEWS update: China’s Foreign Ministry said it has no information on a possible joint statement with the US on agriculture and related non-tariff barriers, after US Trade Representative Jamieson Greer suggested Thursday such a statement could be forthcoming. Spokesperson Guo Jiakun said Beijing and Washington should jointly implement the consensus reached by their heads of state to maintain stable trade relations.

TREE NEWS update: US President Donald Trump said on September 3 that Britain is ‘on the brink of disaster’ due to its immigration and energy problems. He avoided taking a clear stance on the Falklands sovereignty dispute and again criticized the UK’s role in the Iran conflict. Trump reaffirmed his ‘love’ for the UK but said Prime Minister Burnham’s government has serious issues to address, warning that if immigration is not stopped, Britain will ‘cease to exist.’

TREE NEWS update: China’s foreign ministry spokesperson Guo Jiakun defended recent missile tests amid criticism from Pacific island leaders over insufficient notice. Emphasizing China’s commitment to peaceful development and defensive defense policy, Guo stated China never engages in military expansion and expressed willingness to cooperate with South Pacific nations for regional peace and stability.

TREE NEWS reports: China’s treasury futures closed mixed on Friday, with the 30-year main contract flat, the 10-year down 0.05%, the 5-year down 0.06%, and the 2-year down 0.02%. The moves reflect steady demand for long-dated bonds amid ongoing monetary easing expectations.

TREE NEWS update: China’s National Development and Reform Commission has allocated an additional 100 million yuan to support Fujian province in post-typhoon disaster recovery. The funding aims to bolster emergency restoration efforts following the recent typhoon damage. The announcement was made via Xinhua News Agency.