Paramount CEO pledges to preserve theatrical releases after two-hour meeting with U.S. DOJ; antitrust staff appear ready to clear Paramount's $110 bln takeover of Warner Bros. Discovery, sources tell Semafor

Domestic News 1. China's Coast Guard lawfully drove away Japanese vessels that illegally entered China's territorial waters near the Diaoyu Islands. 2. Ministry of Foreign Affairs: We hope all parties involved in the Iranian nuclear issue will seize the opportunity to reach a solution that takes into account the legitimate concerns of all parties through negotiations. 3. The Iranian military claimed that the US launched a strike during negotiations. The Ministry of Foreign Affairs responded by urging relevant parties to fulfill their ceasefire commitments and adhere to resolving disputes peacefully. 4. The National Press and Publication Administration released information on the approval of domestic online games in May 2026, with a total of 154 games approved. 5. Data from the China Academy of Information and Communications Technology (CAICT) shows that in April 2026, domestic mobile phone shipments reached 25.733 million units, a year-on-year increase of 2.8%, of which 24.736 million were 5G phones. 6. Fujian Coast Guard organized a fleet of ships to conduct law enforcement patrols in the waters near Kinmen. International News 1. According to Yonhap News Agency: A South Korean court rejected a request to suspend negotiations between Samsung's main labor unions. 2. Malaysia is reportedly imposing a 10% tariff on some imported gold bars. 3. Micron Technology's total market capitalization surpasses $1 trillion. 4. Uzbekistan fully resumed gold exports in April. 5. According to RIA Novosti, Russia hopes the US will respond responsibly to Moscow's decision to strike Kyiv. 6. UBS raised its target price for Micron Technology (MU.O) from $535 to $1625. Micron Technology's total market capitalization surpasses $1 trillion. 7. As inflation concerns intensify, US consumer confidence weakened, with the Conference Board Consumer Confidence Index falling 0.7 points to 93.1 in May. 8. Iran War—① US Central Command claims to have conducted self-defense strikes in southern Iran; US officials: This does not mean the end of the ceasefire. ② Iran says it will retaliate fiercely if war resumes and will block regional oil exports. ③ Iran's Supreme Leader says the US will no longer have a "safe haven" in the Middle East. ④ The Iranian Revolutionary Guard issued a statement: Iran has the right to respond to any US violation of the ceasefire agreement. They locked onto and shot down a US MQ-9 drone. ⑤ Iranian media denied reports that Iran and the US had reached a memorandum of understanding. ⑥ Israeli media reported on the 26th that Israeli forces crossed the Line of Actual Control in Lebanon and launched a ground offensive in southern Lebanon. ⑦ According to the Wall Street Journal, US military officials revealed that the US Navy has resumed assisting ships transiting the Strait of Hormuz.

The Reserve Bank of New Zealand expects the official cash rate to be 3.07% in June 2027 (previously expected to be 2.62%).