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Real-time News
On May 27, 2026, local time, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Bahraini Foreign Minister Zayani on the sidelines of the UN Security Council High-Level Meeting in New York. Wang Yi stated that as a good friend and partner of Bahrain and other Gulf countries, China sincerely hopes that peace and tranquility will be restored to the Middle East and the Gulf region as soon as possible. President Xi Jinping solemnly put forward four propositions on maintaining and promoting peace and stability in the Middle East, clarifying a responsible attitude and a fair stance. This war should not have happened, and there is no reason for it to continue. The urgent task is to promote a comprehensive and lasting ceasefire. The international community should increase its efforts to promote peace and work together to ease tensions and de-escalate the situation, especially opposing any attempts to escalate tensions. China supports Pakistan and other countries in continuing their active mediation efforts and is willing to closely coordinate with Bahrain and other Security Council members to ensure that the work of the Security Council moves in the right direction towards a political solution and to jointly strive for lasting peace and stability in the Middle East.On May 27, local time, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, answered questions from the media after chairing a high-level meeting of the UN Security Council on "Upholding the Purposes and Principles of the UN Charter and Strengthening the International System with the UN at its Core" on May 26. When asked about Chinas views and suggestions on resolving the current deadlock in the Iranian situation, Wang Yi stated that China has been working to resolve the current conflict. President Xi Jinping put forward four proposals, pointing the way for maintaining and promoting peace in the Middle East. We maintain communication and coordination with major parties involved, important regional and international partners. We believe that the sovereignty, security, and territorial integrity of all countries in the region must be respected, civilians and non-military targets must be protected, navigational safety and energy infrastructure must be guaranteed, and the provisions of the nuclear non-proliferation regime must be implemented. The key to the current situation is the US-Iran negotiations. We support the active mediation efforts of Pakistan and other countries, and also support the efforts made by the US and Iran themselves. Deep-seated problems dont arise overnight; resolving long-standing grievances is also not something that can be achieved overnight. But every step forward in the negotiations brings more hope for peace; every day the conflict ends, there will be fewer civilian casualties. We hope that the parties involved will firmly uphold the ceasefire and end the war, continue to meet each other halfway, and bring peace back to the Middle East as soon as possible.On May 27th, analysts in a Reuters survey said that despite the Nikkeis rapid rise keeping forecasters busy, the index will continue to reach new record highs, driven by the artificial intelligence boom and strong corporate earnings. The median forecast in the Reuters survey showed analysts expect the index to reach 69,000 points by the end of next year, setting another record. The Nikkei closed at 64,996.09 points on Tuesday. Yunosuke Ikeda, head of macro research at Nomura Securities, is bullish on stocks, but the Nikkeis rise has exceeded his expectations—he had previously predicted the index would reach 63,000 points by December and 65,000 points a year later. He said that as a forecaster, this rally is "too fast to keep up with." Of the 12 respondents who answered a supplementary question, seven said their view on the AI boom driving stock market performance remained largely unchanged compared to three months ago. The remaining five were more optimistic. At the same time, Ikeda stated that optimism about artificial intelligence is not a necessary condition for the stock market to continue rising.Japans corporate services price index rose 0.5% month-on-month in April, down from 1.2% in the previous month.Japans corporate services price index rose 3% year-on-year in April, up from 3.10% in the previous month.
