Chinese Foreign Minister Wang Yi stated that a Middle East ceasefire is fundamental to ensuring safe navigation in the Strait of Hormuz, during phone talks with EU's Kaja Kallas discussing the five-point China-Pakistan peace initiative.
China firmly opposes Philippines' illegal renaming of Nansha Qundao, asserting indisputable sovereignty. Foreign ministry spokesperson Mao Ning vows necessary measures to safeguard territorial sovereignty and maritime rights.
New Zealand and Cook Islands signed a defense pact, resolving tensions over Cook Islands' China partnership. The agreement designates New Zealand as Cook Islands' preferred defense partner, ending aid freeze.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.