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A cabinet representative of South Korea's ruling party stated that a bill related to US investment will be passed on March 12.
Samsung Electronics shares fell by as much as 10%.
The main platinum contract fell by 6.00% during the day, and is currently trading at 554.55 yuan/gram.
Hyundai Motor's stock price fell by as much as 12%.
Samsung Electronics' stock price fell further to 8.3%.
FedEx (FDX.N): The situation in the Middle East has disrupted regular pickup and delivery services in the region. We will continue to operate pickup and delivery services in Israel in accordance with the guidelines of local Israeli authorities. Contingency measures have been implemented to support export shipments from Israel.
March 4th – The State Council Taiwan Affairs Office held a regular press conference on March 4th. Recently, the Financial Times published a report titled "Getting Mainland Tourists Back to Taiwan," which resonated with the island's tourism industry. What is your comment on this? Spokesperson Zhang Han stated that our active promotion of cross-strait tourism exchanges and cooperation demonstrates our goodwill and sincerity, which is evident to all. We will actively promote and fully facilitate any measures that are conducive to cross-strait exchanges and cooperation and enhance the well-being of our compatriots. We hope the DPP authorities will heed public opinion, recognize the well-being of the people of Taiwan, and take concrete actions to lift all restrictions on cross-strait exchanges, including tourism.
On March 4th, it was reported that 11 departments, including the Zhejiang Provincial Food and Drug Safety Committee Office and the Provincial Department of Economy and Information Technology, jointly issued the "Guiding Opinions on Promoting High-Quality Development of the Food Industry." The document outlines five key aspects to build a food industry development pattern of "10 billion yuan leading enterprises, 100 billion yuan clusters, and 1 trillion yuan industries." Among these measures is the strengthening of distinctive industries. The document calls for continued promotion of the development of historical and classic food industries (production areas) listed as key national cultivation areas, such as West Lake Longjing tea, Shaoxing rice wine, and Jinhua ham. It also mandates the annual selection of a number of food varieties with Zhejiang local characteristics and significant development potential for focused development, the construction of a comprehensive supply chain service platform, and the expansion of the industry scale.
Open-source intelligence indicates that the US and Israel are conducting heavy airstrikes in Tehran, Urmia, Isfahan, and Karaj.
Alarms are now sounding in southern Israel as the Israel Defense Forces say Iran has launched new missiles and drones.
March 4th – The State Council Taiwan Affairs Office held a regular press conference on March 4th. Spokesperson Zhang Han stated that the DPP authorities' stubborn adherence to their "Taiwan independence" separatist stance and their deliberate provocations are the root cause of the tense and turbulent situation across the Taiwan Strait. We have repeatedly stated that people on both sides of the Taiwan Strait are Chinese, one family. As long as the DPP authorities recognize the "1992 Consensus" and cease their "Taiwan independence" separatist activities, cross-strait dialogue and consultation can resume, and cross-strait relations can develop peacefully. The peaceful development of cross-strait relations is conducive to enhancing the well-being of compatriots on both sides of the Strait, promoting harmony and tranquility in Taiwan society, and ensuring that Taiwan compatriots live and work in peace and contentment. It is the will of the people and an irresistible trend. Following this trend and the will of the people is the wise course of action.
On March 4th, eToro analyst Josh Gilbert commented that the repricing of interest rate expectations could put headwinds on gold prices. The surge in energy prices related to the Middle East conflict is forcing investors to reassess the pricing of the two Fed rate cuts this year. He stated that a stronger dollar and rising bond yields constitute a typical "double headwind" for gold, which could be enough to offset the safe-haven support gold typically receives during geopolitical crises. However, the structural logic for gold remains unchanged: central banks continue to purchase gold, while fiscal deficits remain a prominent issue.
The main Shanghai silver futures contract narrowed its intraday decline to 4.00%, currently trading at 21,945.00 yuan/kg.
According to NBC News predictions, Texas Governor Greg Abbott won the state's Republican gubernatorial primary and is seeking a fourth consecutive term.
The yield on 20-year Japanese government bonds rose 1.0 basis point to 2.965%.
According to the U.S. Southern Command, Ecuadorian and U.S. forces launched operations against specific terrorist organizations in Ecuador on March 3.
March 4th - On March 3rd local time, the Cuban Attorney General's Office announced that six individuals have been formally charged with "terrorism offenses" and prosecuted in connection with the incident in which a US speedboat entered Cuban territorial waters and engaged in a shootout with law enforcement personnel. The Cuban Attorney General's Office stated that the prosecution has ordered preventative detention of the defendants.
The SC crude oil futures contract continued to decline, with gains narrowing to 6%, currently trading at 596.2 yuan/barrel, after previously hitting the daily limit up.
On March 4th, the China Internet Finance Association officially released two group standards: "Classification and Coding of Digital Financial Anti-Fraud Information" (T/NIFA 34—2025) and "Technical Protection Guidelines for Data Security in Open Banking" (T/NIFA 35—2025), after being reviewed and approved by the fourth meeting of the second council.
The Hang Seng Tech Index turned positive after falling as much as 1.6% in early trading; the Hang Seng Index narrowed its losses to 1.46%, with chip stocks rebounding.
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