Australia's S&P/ASX 200 index opened down 5.90 points, or 0.07%, at 8804.00 on Tuesday, October 27.

Oct 26 — When asked whether China would send senior officials or a delegation to the ASEAN defense ministers' expanded meeting starting Wednesday in Manila, Foreign Ministry spokesman Guo Jiakun said the forum should deepen dialogue, build trust and promote cooperation, and that China opposes any actors abusing public institutions to hijack ASEAN and create disruption.

US-Iran Conflict: 1. US Media: Mediators push for a 5-day mutual concession agreement between the US and Iran, reopening the Strait of Hormuz in exchange for lifting the maritime blockade. 2. Bessant: Iran's economy is expected to shrink by more than 25% by March next year; pressure will increase in the next 8 weeks. Other Developments: 1. Iranian President arrives in Moscow, Russia. 2. Jordan claims to have bombed terrorist strongholds in southern Syria. 3. Iraq denies closing its border crossings with Iran on US orders. 4. Iranian official: Talks between Iran and Saudi Arabia did not involve the nuclear issue. 5. Iran states that its nuclear activities will continue within the framework of the Treaty on the Non-Proliferation of Nuclear Weapons. 6. Satellite images show the oil spill off the coast of the UAE has expanded, forcing the closure of several beaches. 7. Iran, Saudi Arabia, Turkey, and Pakistan agree to consult on strengthening cooperation in regional peace and security and agree to continue talks in the future. 8. EU High Representative for Foreign Affairs and Security Policy Karas: There is a serious risk of a renewed escalation of the situation between Iran and the United States. 9. According to Iranian media Fars News, an Iranian security official stated that Iran is prepared and awaiting action from Israel. 10. Rezaei, Secretary of Iran's Supreme National Security Council, stated that all parties have reached a consensus that security in West Asia must rely on the strength of the regional countries themselves and prevent any external interference. 11. Bagheri, Deputy Secretary of Iran's Supreme National Security Council, revealed that it was the Pakistani Army Chief of Staff who proposed holding a four-party meeting between Iran, Saudi Arabia, Turkey, and Pakistan; if the United States genuinely hopes to reach a fair agreement through negotiations, it must fulfill certain conditions.