According to Yonhap News Agency, the South Korean prime minister stated that he will seek all options, including emergency arbitration.

According to Yonhap News Agency, the South Korean prime minister urged both sides to reach a compromise on salary negotiations with Samsung Electronics on Monday.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.5 occurred near Nantou County, Taiwan (24.01 degrees north latitude, 120.96 degrees east longitude) at 08:46 on May 17. The final result is subject to the official rapid report.

Domestic News: 1. Russian President Vladimir Putin will pay a state visit to China. 2. Four chain pharmacies were summoned for talks after being found to have substituted cosmetics for medicines. 3. Prices of domestic brand gold jewelry continue to decline, falling below 1400 yuan/gram. 4. A spokesperson for the Ministry of Commerce answered reporters' questions regarding the preliminary results of the China-US trade consultations. 5. The first domestic data center connected to a virtual power plant participated in the electricity spot market transaction. 6. Shanghai Telecom launched the first token tariff package, with 1 yuan corresponding to 250,000 credit points. 7. Wu Qing, Chairman of the China Securities Regulatory Commission, met with Jan van der Rohe, Chairman and CEO of Citigroup. 8. Shenzhou-23 is scheduled to launch soon; the spacecraft and rocket assembly has been transported to the launch area. 9. Zhu Hexin, Director of the State Administration of Foreign Exchange, met with David Soros, Chairman and CEO of Goldman Sachs. 10. A spokesperson for the Ministry of Commerce answered reporters' questions regarding the determination that the EU's foreign subsidy investigation constituted improper extraterritorial jurisdiction measures. International News: 1. Hamas military leader Haddad has died. 2. India imposes import restrictions on some silver products. 3. Musk says he will not sell any SpaceX shares. 4. Trump says the second-in-command of ISIS has been "eliminated." 5. British media: British Prime Minister Starmer intends to resign. 6. BlackRock considers investing $5 billion to $10 billion in SpaceX's IPO. 7. Berkshire Hathaway significantly increased its stake in Alphabet, re-entered Delta Air Lines, and sold off its Amazon holdings in Q1. 8. Samsung Electronics' South Korean union says it plans to resume wage negotiations with Samsung Electronics next Monday. 9. ECB Governing Council member Stournaras: Small interest rate hikes can curb inflation without causing economic damage. 10. Tesla raises prices in the US for the Model Y Long Range All-Wheel Drive, Rear-Wheel Drive, and Performance All-Wheel Drive versions. 11. US-Iran Situation – ① Sources: The US and Israel may resume military operations against Iran as early as next week. ② According to Iranian media reports, Iran stated that shipping will return to normal after the instability in the Strait of Hormuz ends. ③ The US-Israel-Iran conflict has led to a sharp decline in Iraqi oil exports. ④ Iran: A mechanism for managing the Strait of Hormuz is ready. ⑤ Iranian media: The Iranian Interior Minister discussed the prospects for resuming US-Iran peace talks with the visiting Pakistani Interior Minister. ⑥ The Iranian stock market will reopen next Tuesday.

The statement indicates that Alex Saab, a Colombian businessman with ties to former Venezuelan President Maduro, has been expelled from Venezuela.

According to Iran's International Television, Iran has launched a new maritime insurance platform for vessels transiting the Strait of Hormuz. The system reportedly offers digital insurance policies.