Flash News

TREE NEWS update: New York City Mayor announced that starting in the 2026-2027 school year, students in public elementary and middle schools will be prohibited from using generative artificial intelligence. The city also introduced a new screen time management policy.

TREE NEWS reports: US August nonfarm payrolls added 162,000 jobs, far exceeding expectations, boosting bets on a September Fed rate hike. US stocks opened lower: Nasdaq -0.01%, S&P 500 -0.14%, Dow -0.31%. Tesla fell over 4% despite its Cybercab launch in Austin, while Lululemon plunged 18% on lowered guidance.

TREE NEWS reports: US stocks opened mixed on Tuesday. The S&P 500 edged up 2.48 points (0.03%) to 7,750.19, while the Nasdaq Composite rose 3.84 points (0.01%) to 26,587.90. The Dow Jones Industrial Average slipped 101.22 points (0.19%) to 53,584.89.

TREE NEWS reports: Crypto projects are spending hundreds of millions buying back their own tokens, a trend that has gained momentum. However, analysts question whether buybacks create lasting value or merely inflate token prices artificially. The debate intensifies as more projects adopt this strategy to support token prices.

TREE NEWS reports: Nick Timiraos said that strong August jobs data removed a key obstacle to a Fed rate hike at the September 15-16 meeting. The report revised July’s negative figure to positive and pushed six-month average hiring to a two-year high, undermining arguments against tightening based on weak labor market.

TREE NEWS update: White House economic adviser Kevin Hassett said the jobs report data is “very strong,” providing “quite substantial” reasons for the Federal Reserve to keep interest rates unchanged. He also noted that AI data centers are creating new jobs for utilities.

TREE NEWS reports: The US added 162,000 jobs in August, far exceeding the expected 55,000, with unemployment holding at 4.1%. The strong data boosted market expectations for a September rate hike by the Federal Reserve. Norway’s oil fund may cut its US Treasury holdings by about $80 billion.

TREE NEWS update: The 2026 China International Mining Conference will be held September 10-12 in Tianjin, themed “Win-Win Cooperation, Green and Smart.” The event emphasizes green transformation and intelligent upgrading, signaling a shift toward sustainable and tech-driven mining practices.

TREE NEWS reports: Spot silver fell 3.0% to $64.94 per ounce on the day, extending recent losses in precious metals. The decline comes amid broader market volatility and a firmer dollar, with traders monitoring Fed policy signals. No immediate catalyst was cited.

TREE NEWS reports: At China’s night session open, fuel oil, low-sulfur fuel oil and Shanghai silver fell over 2%, while Shanghai gold, methanol, bitumen, styrene and pure benzene dropped over 1%. On the upside, PVC, soda ash and caustic soda gained over 1%, with glass also rising.

TREE NEWS update: Pakistan’s security forces killed 36 militants in multiple counter-terrorism operations across Mastung, Quetta, Kalat and Sibi in Balochistan over the past 24 hours, the military’s media wing said on Monday. The operations were part of ongoing efforts to curb militant activity in the region.

TREE NEWS update: On Sept 4, GAC Group and Huawei’s Qiankun launched the Qijing GX7, a mid-to-large five-seat SUV, with presale prices of 249,900-311,900 yuan. The model features three extended-range versions, an 800V architecture, and a claimed combined range over 1,500 km. It debuts with an L3-ready driving architecture and Huawei’s ADS 5 system with four lidars.

TREE NEWS reports: UAE-based artificial intelligence company G42 is considering bringing in US ownership to secure its supply of AI chips. The move would likely involve American investors taking a stake in the firm, which has faced scrutiny over its ties to China. G42 aims to ensure reliable access to advanced semiconductors amid US export controls.

TREE NEWS update: Denmark’s government said on Tuesday it plans to begin sending undocumented foreigners to repatriation centers outside the EU by the end of 2027. Immigration Minister Morten Bøskov will meet officials from Germany, Austria, the Netherlands, and Greece in Copenhagen to discuss steps toward a first cooperation agreement with non-EU countries.

TREE NEWS reports: The US 2-year Treasury yield rose to 4.416%, the highest level since January 2025. The increase reflects ongoing market adjustments amid economic data and Federal Reserve policy expectations. Investors are closely monitoring yield movements for signals on future interest rate decisions.

TREE NEWS reports: US job growth exceeded expectations in August, with unemployment holding steady, signaling a stronger labor market than previously thought. The report shows resilience amid Iran war uncertainties and inflation pressures. Fed officials may view this as supporting rate hikes, but next week’s CPI data remains key for this month’s policy decision.

TREE NEWS reports: The US Bureau of Labor Statistics revised June nonfarm payrolls up from 20,000 to 31,000, and July from a decline of 23,000 to an increase of 21,000. Combined, the two months added 55,000 more jobs than previously reported.

TREE NEWS reports: Market participants have increased their wagers on a Federal Reserve interest rate hike in September. The shift reflects growing expectations of tighter monetary policy amid recent economic data. Investors are now pricing in a higher probability of a rate increase at the upcoming Federal Open Market Committee meeting.

TREE NEWS update: Fujian province adjusted its flood emergency response to Level III on Thursday while maintaining a Level IV response for typhoon prevention. Typhoon Koryn was located about 400 km north of Naha, Okinawa, at 2 p.m., with maximum winds of 18 m/s (tropical storm level). It is expected to turn southward toward the Minwai fishing ground with little change in intensity.

TREE NEWS reports: US stock index futures fell after the release of nonfarm payrolls data, with S&P 500 futures down 0.17% and Dow futures down 0.24%. Treasury yields spiked, with the 10-year yield up nearly 2 basis points to 4.794%. Spot gold dropped 1.64% to below $4,400 per ounce, while USD/JPY rose 55 pips to 156.52.