Flash News

TREE NEWS reports: The euro fell 0.3% against the U.S. dollar to 1.1143. The move marks a session of dollar strength against the shared currency, with the pair trading at that level at the time of the quote. No further detail on the drivers of the move was provided.

TREE NEWS reports: US stock index futures reversed into positive territory, with Dow Jones futures rising 0.17%, S&P 500 futures gaining 0.08% and Nasdaq 100 futures up 0.08%. The move marks a turnaround for the contracts after earlier weakness.

TREE NEWS update: Shanghai has formally begun establishing a satellite internet industry fund, announced at the 2026 Satellite Internet Industry Ecosystem Conference held in the city. The fund is jointly initiated by municipal and district-level investment platforms together with private capital, and is intended to leverage state capital to support technology innovation and cultivate the industry ecosystem. No fund size or timeline was disclosed.

TREE NEWS reports: Mercedes-Benz shares dropped 3.5% after the automaker lowered its earnings guidance, cutting the adjusted sales return outlook for its passenger car division to 2% to 3%. The revised target marks a sharp reduction from prior expectations for the core unit.

TREE NEWS reports: vivo ranked first among Android brands in the $600-and-above premium smartphone segment. The research firm said the S60 series outperformed its predecessor, helping vivo also take the top spot in the $400–$600 price band and consolidate its sales base.

TREE NEWS reports: The London Metal Exchange reported declines in lead, aluminium, copper and zinc inventories, while tin stocks were unchanged and nickel rose. Lead stocks fell 3,975 tonnes, aluminium dropped 1,950 tonnes, zinc declined 1,300 tonnes and copper decreased 250 tonnes. Nickel inventories increased by 276 tonnes and tin stocks held flat.

TREE NEWS update: Mercedes-Benz revised its full-year 2026 outlook, citing expected effects in the fourth quarter. The automaker now expects full-year EBIT to be level with the prior year, while free cash flow is projected to be significantly below the previous year’s level. Adjusted return on sales is guided at 2%-3% for the passenger car division, 8%-10% for the vans division and 12%-14% for financial services.

TREE NEWS reports: Eurozone M3 money supply grew 3.5% year-on-year in September, in line with the 3.5% forecast and unchanged from the prior 3.5% reading. The broad money aggregate held steady at the same annual pace as the previous month, with the latest print matching expectations.

TREE NEWS update: Russian President Vladimir Putin plans to hold talks with Norwegian Prime Minister Jonas Gahr Støre and Finnish President Alexander Stubb, Bloomberg reported. No date, venue or agenda for the meetings was given in the material.

TREE NEWS reports: Suzhou’s gross domestic product for the first three quarters of 2026 totaled 2,119.09 billion yuan, up 5.6% year on year at constant prices, outpacing the national growth rate of 4.6%. The primary sector contributed 11.485 billion yuan, up 3.5%; the secondary sector rose 7.3% to 955.95 billion yuan; and the tertiary sector grew 4.3% to 1,151.66 billion yuan.

TREE NEWS reports: Thirteen companies in the STAR 50 index are executing share buyback plans with a combined cap of 5.08 billion yuan ($710 million), of which 1.04 billion yuan has been repurchased so far. Since Oct. 8, eight STAR 50 constituents — including Alice, Biwin Storage, Piotech, Montage Technology, GalaxyCore, Hygon Information, Shengyi Electronics and Hwatsing Technology — disclosed new buyback plans totaling about 2.65 billion yuan at the upper limit. Separately, Loongson Technology’s controlling shareholder plans to increase its stake by 5-6 million yuan within six months.

TREE NEWS update: The Hunan Provincial People’s Government Office issued the province’s 15th Five-Year Plan for Traditional Chinese Medicine development, calling for coordinated reform of medical services, health insurance and pharmaceuticals. The plan encourages commercial insurers to offer TCM health insurance products, including preventive treatment, and prioritizes price adjustments for TCM diagnostic and treatment services with proven efficacy.

TREE NEWS reports: As of Oct. 27, 112 companies on China’s STAR Market had disclosed their 2026 third-quarter reports, posting combined revenue of 266.790 billion yuan, up 35.93% year on year, and combined net profit of 26.892 billion yuan, up 86.25%. The eight STAR 50 constituents accounted for 27% of the disclosed companies’ total revenue and 46% of their total net profit.

TREE NEWS update: HSBC said its lending exposure to data centers is “very small,” offering a brief comment on the bank’s credit footprint in the sector. The statement did not disclose specific figures or the size of the portfolio. It comes as data-center financing draws growing attention from lenders and investors.

TREE NEWS update: Zhang Yu, former deputy director of China’s National Government Offices Administration, has been elected president of the National Government Offices Administration Research Society. The appointment was announced on [date not provided in material]. The research society focuses on government offices management. No further details were given.

TREE NEWS update: Pop Mart said its unaudited overall revenue for the third quarter of 2026 fell 45%-50% from the same period in 2025. Revenue dropped 25%-30% in China, 65%-70% in Asia-Pacific, 70%-75% in the Americas and 50%-55% in Europe and other regions. In China, offline channel revenue declined 5%-10% and online channel revenue fell 45%-50%.

TREE NEWS reports: The onshore yuan closed at 6.6680 per dollar at 16:30 Beijing time, up 1 pip from the previous official close and 15 pips from the prior overnight close. The pair’s official fixing and closing levels are watched as a gauge of the central bank’s tolerance for currency moves.

TREE NEWS update: The Democratic Republic of Congo’s confirmed Ebola cases in the current outbreak reached 10,060 as of October 25, with 4,887 deaths, a 48.6% fatality rate, the National Institute of Biomedical Research said on October 27. The figures mark a sharp escalation in the outbreak.

TREE NEWS reports: Brent crude gained 1.0% on the day to trade at $111.87 a barrel, while West Texas Intermediate rose 1.0% to $102.78 a barrel. The intraday moves mark a sharp rally in both benchmarks.

TREE NEWS reports: Japan’s youth crime figures have climbed for a fourth straight year, with police taking action against 24,416 juveniles in 2025, up from a record low of 14,818 in 2021. The number had fallen steadily since the 1980s before reversing. Police and educators attribute the recent rise in part to social media.