Flash News

TREE NEWS update: UK Prime Minister Bernam met French President Macron at 10 Downing Street on September 3, local time. Bernam said bilateral cooperation can address shared challenges, with talks covering strengthening UK-EU relations, the Russia-Ukraine issue, English Channel migrant crossings, and defense, as well as the Middle East situation.

TREE NEWS update: Russian President Vladimir Putin said on the 3rd that the Asia-Pacific region has become an important center driving global economic growth, and Russia is actively participating in investment and trade cooperation in the region.

TREE NEWS update: Federal Reserve Governor Christopher Waller said the United States is facing an unsustainable structural deficit. He warned that the nation’s fiscal path poses long-term risks to economic stability. Waller’s remarks highlight growing concerns over government debt levels.

TREE NEWS update: At the 2026 Deep Space Exploration (Tiandu) International Conference on September 3, Hou Zengqian, chief scientist of the Tianwen-3 mission, said the primary scientific goal is to search for signs of potential life on Mars. The final landing site is expected to be confirmed by the end of 2026. Chinese scientists are also advancing the compilation of a new generation of global Martian geological maps.

TREE NEWS reports: At the opening of the night session, Shanghai gold and silver futures climbed over 2%, while styrene, LPG, and alumina gained more than 1%. Palm oil and soybean meal futures declined.

TREE NEWS update: Federal Reserve Governor Christopher Waller said he expects next month’s CPI and PPI to be at ‘reasonable levels,’ signaling no need to raise interest rates amid slowing inflation. His remarks suggest the Fed may hold rates steady as price pressures ease.

TREE NEWS update: Carlos Nova was sworn in as president of Sao Tome and Principe on September 3 in the capital Sao Tome, beginning his second five-year term. He won re-election in the 2026 presidential election, held every five years.

TREE NEWS reports: Federal Reserve Governor Christopher Waller’s stance has subtly shifted since July. While not fundamentally changed, Waller now appears more optimistic and leans toward holding rates steady, contrasting with his earlier bias toward rate hikes. The final decision will depend on August inflation data.

TREE NEWS update: Beijing’s first land auction after the Aug 28 property policy easing saw CR Land secure a low-density residential site in Shunyi’s Houshayu town after more than 170 bidding rounds, for 8.3 billion yuan. Meanwhile, the Chaoyang Jiangtai plot slated for the same day was suspended before bidding.

TREE NEWS reports: Shenzhen’s combined new and existing home sales reached 6,864 units in August, up 8.5% year-on-year but down 17.5% month-on-month due to the traditional slow season, marking the highest for the period since 2022. Longgang and Bao’an districts each surpassed 1,000 units, with Longgang leading at 1,380 units.

TREE NEWS reports: UK government bonds extended their rally, with the 10-year gilt yield dropping 7 basis points to 5.16%. The move reflects continued demand for safe-haven assets amid ongoing market uncertainty.

TREE NEWS reports: US Treasuries advanced after Federal Reserve Governor Christopher Waller delivered dovish comments, signaling potential rate cuts. The bond market rallied as investors interpreted his remarks as a shift toward easier monetary policy. Yields declined across maturities, reflecting increased demand for fixed-income assets.

TREE NEWS update: Eisai’s Alzheimer’s drug lecanemab (Leqembi) has been approved in China for subcutaneous auto-injector use, enabling at-home initial treatment for early-stage Alzheimer’s. The National Medical Products Administration granted approval, making China the second country globally and the first in Asia to allow the device, following US approval in July.

TREE NEWS reports: The yen weakened sharply, falling 2% against the dollar to 155.56, as currency markets reacted to shifting rate expectations. The move marks a notable one-day decline, underscoring volatility in major FX pairs amid global economic uncertainty. Traders are closely watching for potential intervention by Japanese authorities.

TREE NEWS update: Federal Reserve Governor Christopher Waller said his next rate decision will “largely depend” on next week’s August inflation data. He noted that if the data comes in hot, he would consider supporting a rate hike, emphasizing that even a modest acceleration could shift him toward tighter policy. Waller acknowledged recent signs of easing inflation but stressed it remains above the Fed’s 2% target, and a reversal in progress might require a small policy adjustment.

TREE NEWS update: AirAsia and Pegasus Airlines, Turkey’s largest low-cost carrier, signed their first codeshare agreement on September 2. The partnership aims to expand AirAsia’s European reach and could create conditions for over 100 new routes between Asia and Europe in the short and long term.

TREE NEWS reports: US stock index futures advanced on [date], with Nasdaq futures turning positive and S&P 500 futures up 0.3%. The move reflects improving risk sentiment in early trading.

TREE NEWS update: German discount supermarket chain Aldi has signed an agreement to establish its Anhui headquarters in Shushan District, Hefei. The company announced its first six stores will open in November in Hefei and Wuhu, located in popular commercial areas and communities across Shushan, Baohe, Feixi, Jinghu, and Yijiang districts. Preparations are underway.

TREE NEWS reports: The US Bureau of Labor Statistics reported final second-quarter nonfarm unit labor costs rose 1.2% annually, down from the initial estimate of 1.3% and below the 1.3% expected. The downward revision signals slightly less inflationary pressure from labor costs.

TREE NEWS reports: US initial jobless claims for the week ending August 29 came in at 206,000, slightly above the expected 205,000 and up from the prior week’s 203,000. The data reflects a modest uptick in unemployment filings, suggesting a gradual cooling in the labor market.