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Iran's Islamic Revolutionary Guard Corps: 26 ships have passed through the Strait of Hormuz in the past 24 hours.
2026-05-28
Iran's Islamic Revolutionary Guard Corps: 26 ships have passed through the Strait of Hormuz in the past 24 hours.
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2026-05-28
On May 28, the 24th meeting of the 16th Beijing Municipal People’s Congress Standing Committee heard and reviewed a report from the Municipal Ethnic, Religious, Overseas Chinese and Foreign Affairs Committee on the review outcomes of deputies’ propos
On May 28, the 24th meeting of the 16th Beijing Municipal People’s Congress Standing Committee heard and reviewed a report from the Municipal Ethnic, Religious, Overseas Chinese and Foreign Affairs Committee on the review outcomes of deputies’ proposals referred by the presidium of the 4th session of the 16th Municipal People’s Congress. The presidium referred four deputies’ proposals to that committee for review: (1) a proposal by Huang Leping and 12 other deputies (13 total) to draft the Regulations on the Development of Beijing’s Artificial Intelligence Industry; (2) a proposal by Yang Qiang and 14 other deputies (15 total) to draft Legislation to Promote Beijing’s Artificial Intelligence Industry Development; (3) a proposal by Tao Qinghua and 11 other deputies (12 total) to draft Legislation to Accelerate Artificial Intelligence Industry Development and Strengthen Talent Team Building; and (4) a proposal by Zhang Xiyong and 16 other deputies (17 total) to draft Legislation to Accelerate the Embodied Intelligent Robotics Industry. Under the legislative work plan, the Standing Committee intends to conduct the first reading of the draft Regulations in November this year; prior to that, the Standing Committee directors’ meeting will study the project justification report for the Beijing AI Industry Development Regulations.
2026-05-28
BNY MELLON analyst Bob Savage said markets are showing rising fatigue as renewed U.S.-Iran military escalation, higher yields and hawkish central bank guidance pressure equities and fixed income. Investors are reassessing the durability of the global
BNY MELLON analyst Bob Savage said markets are showing rising fatigue as renewed U.S.-Iran military escalation, higher yields and hawkish central bank guidance pressure equities and fixed income. Investors are reassessing the durability of the global risk-asset rebound. Central banks' growing concern about the persistence of inf from an energy shock and firmer growth is reinforcing market expectations of higher-for-longer interest rates. The flare-up has lifted oil, the dollar and US govt bond yields; supply-disruption risk around the Strait of Hormuz and shrinking strategic reserves are keeping the energy complex volatile.
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