BYD INVENTORY CLIMBS TO 160.4B YUAN BY END MARCH

Iran is expected to submit a revised proposal to end the war in the coming days, according to sources familiar with mediation efforts. The move follows U.S. President Donald Trump’s rejection of an earlier plan that proposed ending hostilities before addressing Iran’s nuclear program. Iranian Foreign Minister Abbas Araghchi is returning to Tehran for consultations with leadership, a process complicated by limited access to Supreme Leader Mojtaba Khamenei. Trump said Iran described itself as in a “State of Collapse” and wants the Strait of Hormuz reopened.

BOJ: CORPORATE PROFITS, HOUSEHOLDS' REAL INCOME TO BE PUSHED DOWN BY FACTORS SUCH AS DETERIORATION IN TERMS OF TRADE REFLECTING RISE IN CRUDE OIL PRICES