Domestic News
1. The head of the Treaty and Law Department of the Ministry of Commerce answered reporters' questions regarding the WTO panel report on China's dispute with Turkey over restrictions on electric vehicles and other vehicles.
International News
1. South Korea's KOSPI index fell below 6,000 points, down more than 30% from its June peak.
2. A powerful earthquake struck Kumamoto, Japan.
3. Amazon is reportedly adjusting its AI strategy, phasing out many internal models and focusing on "Frontier Model Research" (FMR).
4. An OPEC+ representative stated that OPEC+ expects to maintain stable production levels until 2026 after September.
5. Apple became the second company to surpass a $5 trillion market capitalization.
6. SpaceX's stock price fell 20% from its IPO price, and its market capitalization evaporated by $1.2 trillion from its peak.
7. The Nasdaq 100 index fell 10% from its high in just 38 trading days, entering a correction phase.
8. Middle East Situation—
① Oman proposes a Strait of Hormuz management plan to Iran: joint regional management and voluntary funding by users.
② Trump says negotiations with Iran are "progressing well" and that he will "strike" if no agreement is reached.
③ The Iranian military warns against accepting US use of Iranian assets as "compensation."
