U.S. Embassy in Kyiv says it remains open and operations are unchanged; other reports are false.

MOFCOM spokesman He Yadong said at a routine press briefing on the 28th that heavy rain and flooding in southern China since the start of the flood season has prompted the ministry to step up sourcing and coordinate inventories with key supply firms in affected and surrounding areas to ensure household essentials. He said the national essential-goods market is currently operating normally and supplies are sufficient.

Capital Economics says fears of global central bank tightening from Iran conflict overdone; expects developed-market inf to rise to 3% to 4% but sees low risk of second-round effects; only prolonged Strait of Hormuz blockade would force central banks to hike through 2027