Flash News

TREE NEWS update: China’s defense attaché to the Philippines will represent Beijing at the 13th ASEAN Defence Ministers’ Meeting Plus in Cebu on October 29. The envoy will exchange views with other parties on upholding dialogue and consultation and building mutual trust, reaffirm support for ASEAN’s central role in the regional architecture, and promote regional defense and security dialogue and cooperation.

TREE NEWS update: China Media Group confirmed it has halted all broadcasts of LaLiga matches involving Kylian Mbappé and pulled all Mbappé-related advertisements, starting last night. The suspension follows what the broadcaster described as serious negative conduct by Mbappé concerning China. The move affects LaLiga match coverage and advertising featuring the player.

TREE NEWS reports: Morgan Stanley chief equity strategist Mike Wilson is holding to his year-end S&P 500 target of 8,000 despite recent pressure on U.S. stocks as enthusiasm for the AI trade cools. The bank set a tactical downside target of 7,100-7,200, slightly below the 200-day moving average, and said upcoming clearing events including the midterm elections should mark the end of the current correction. On semiconductors, Wilson was more cautious, saying support may be well below current levels but selling pressure could ease next month.

TREE NEWS reports: Spot gold dropped below $4,000 per ounce, declining 0.4% intraday. The move marks a pullback for the precious metal, which had been trading above the key psychological level. No further details on the drivers of the decline were provided.

TREE NEWS reports: The ChiNext Index fell more than 2% and the STAR 50 Index dropped over 3% on the day, while the Shanghai Composite slipped 0.64% and the Shenzhen Component lost 1.40%. Pharmaceuticals, defense, software services and semiconductor chips led the declines. Nearly 4,600 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS reports: South Korea’s KOSPI index closed up 168.88 points, or 3.09%, at 5,638.35 on Tuesday, October 27, with SK Hynix rising about 5% and Samsung Electronics about 4%. Japan’s Nikkei 225 closed up 1,078.72 points, or 1.73%, at 63,268.37 the same day, led by chip-related stocks.

TREE NEWS reports: Japan’s Nikkei 225 rose 1.7% to close at 63,268.37, while the broader Topix added 0.6% to finish at 3,997.37. South Korea’s Kospi also gained, closing up 3.1% at 5,638.35. The moves marked gains across major Asian equity benchmarks.

TREE NEWS reports: The Bank of Japan’s gauge of underlying inflation rose 3.2% year-on-year in September, up from 2.6% the prior month and the fastest pace in three years, well above the bank’s 2% target. The reading, published Tuesday, reinforces expectations that the BOJ may raise interest rates again after lifting borrowing costs to 1.25% in September. The BOJ is widely expected to hold policy steady at Friday’s meeting.

TREE NEWS update: Jordan’s Interior Minister Mazen al-Faraya announced on the 27th that a joint security operation has ended with the arrest of three perpetrators of a ‘terrorist attack’ on a church in Karak Governorate. The operation was carried out by Jordanian security forces.

TREE NEWS update: Russia’s Defense Ministry said early on October 27 that its forces carried out a large-scale overnight strike on Ukraine using ground-based precision weapons and drones. The ministry said the strikes hit Ukrainian defense enterprises producing and storing cruise missiles and medium- to long-range drones, transport infrastructure in Kyiv, a logistics center in Kharkiv region, and vessels serving the Ukrainian military.

TREE NEWS reports: China’s ride-hailing regulatory information system recorded 981 million orders in September 2026, with 402 platform companies holding operating licences as of Sept. 30, unchanged from the previous month. Among the top 10 platforms by order volume, Rushi Chuxing ranked highest for order compliance, the share of trips where both driver and vehicle are licensed, followed by Fengyun Chuxing, Xixing Yueche, Xiangdao Chuxing, T3 Chuxing, Caocao Chuxing, Yangguang Chuxing, Shouqi Yueche, Didi Chuxing and Huaxiaozhu Chuxing.

TREE NEWS reports: HSBC Holdings’ Hong Kong-listed shares fell more than 6% after the bank’s third-quarter results came in below expectations. The drop followed the release of the earnings update, which disappointed investors. No further details on the results were provided.

TREE NEWS reports: Novartis reported third-quarter core earnings per share of $2.46, beating the $2.28 estimate. Core operating profit came in at $6.04 billion versus $5.61 billion expected, and core net income was $4.66 billion against a $4.34 billion estimate. Net sales reached $14.52 billion, slightly above the $14.46 billion forecast, with Cosentyx at $1.86 billion and Entresto at $1.17 billion.

TREE NEWS reports: China’s 30-year Treasury bond futures main contract rose 0.45% to 118.54, touching an intraday high of 118.56 and setting a new year-to-date record. The yield on the same-maturity “26 Ultra-Long Special Treasury Bond 04” fell 1.20 basis points to 2.0550%.

TREE NEWS reports: Combined turnover on the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan, 165.8 billion yuan less than at the same time the previous trading day. The figures reflect intraday trading volume across the two mainland bourses.

TREE NEWS update: Kazakhstan’s FlyArystan operated the inaugural direct flight from Yining to Astana on October 26, marking the second international route from Yining airport after Yining-Almaty. The service uses Airbus A320 aircraft and runs round trips on Mondays, Wednesdays and Saturdays. The route is expected to ease business, family and tourist travel between the two destinations.

TREE NEWS reports: China’s auto industry posted a 23% year-on-year drop in profit to 2.675 trillion yuan for January-September 2026, with revenue up 2.6% to 80.435 trillion yuan and costs up 3.8%, leaving a 3.3% sales margin, secretary-general of the China Passenger Car Association. Output fell 4% to 23.37 million units. In September alone, profit fell 68% to 142 billion yuan on a 1.4% margin, a near four-year low.

TREE NEWS update: Russia said it carried out a large-scale strike on Ukraine overnight, Interfax reported. No further details on targets, casualties or the scale of the attack were immediately provided. The claim could not be independently verified.

TREE NEWS reports: HSBC’s Hong Kong-listed shares fell as much as 3.7% in afternoon trading after the bank released its earnings report. The stock pared some of the decline later in the session. No further details on the results or the size of the move were provided.

TREE NEWS update: Polling stations across Israel opened at 7 a.m. local time on October 27 for the country’s 26th Knesset election, with voting set to close at 10 p.m. the same day. About 7.3 million eligible voters are registered, and more than 12,000 polling stations have been set up nationwide. Official results are scheduled to be published on November 4.