U.S. JUDGE BLOCKS T-MOBILE'S 'SAVE OVER $1,000' AD CAMPAIGN, IN VICTORY FOR VERIZON, COURT RULING SHOWS

Domestic News: 1. State Administration for Market Regulation: Focusing on preventing "involutionary" competition in key industries and sectors such as platform economy, photovoltaics, lithium batteries, and new energy vehicles. 2. Xinhua Commentary: Stabilizing pork prices requires determination and concerted efforts. 3. Kuomintang Chairperson Cheng Li-wen will lead a delegation to visit mainland China. 4. China decides to take countermeasures against Japanese House of Representatives member Keiji Furuya. 5. Kweichow Moutai's self-operated retail price has been adjusted from 1499 yuan/bottle to 1539 yuan/bottle. 6. The Long March 2 rocket successfully completed its maiden flight, with its single-launch cost comparable to SpaceX. International News: 1. US chip stocks continued to fall, with Micron down nearly 10%. 2. Zelensky: Ukraine is ready for a ceasefire by Easter. 3. The European Council extends sanctions against Iran until April 13, 2027. 4. WTI crude oil futures settled above $100 for the first time since 2022. 5. US media: US federal prosecutors will investigate bets on prediction platforms related to the timing of Maduro's arrest. 6. Federal Reserve Chairman Powell: Energy shocks are usually short-lived, and the standard response from central banks is to "patiently wait for them to subside on their own." The current policy position is good. Private lending is not currently in a position to evolve into a broader systemic event. 7. During Powell's speech, interest rate futures showed the market withdrawing its bets on the Fed this year; as of this morning's writing, pricing in a rate cut of about 3 basis points by the end of the year. 8. Iran situation— ① Iranian parliament approves toll collection on the Strait of Hormuz, payable in Iranian currency. ② An Israeli oil refinery in Haifa caught fire in a missile attack; Trump said a response would be "coming soon." ③ Trump: Serious negotiations are underway with Iran; if negotiations break down, Iran's energy and power facilities and Kharg Island will be destroyed. ④ Iranian Foreign Ministry: The issue of withdrawing from the Treaty on the Non-Proliferation of Nuclear Weapons is under parliamentary review. ⑤ White House: Trump hopes to reach an agreement with Iran by April 6. Dialogue with Iran is ongoing and progressing smoothly. Trump intends to call on Arab countries to "pay the bill" for the war. ⑥ Iran claims the US demands are illogical and will not participate in Pakistan-led meetings regarding the war. ⑦ European officials say Iran is urging the Houthis to equip themselves for the Red Sea, as there are internal disagreements within the Houthis regarding the strength of the strikes.

Federal Reserve's Williams: Weak artificial intelligence activity will lead to sluggish economic growth.