A-share banking sector slid; Chongqing Rural Commercial Bank fell over 3%, while Bank of Ningbo, Bank of Hangzhou, Huaxia Bank and Ping An Bank each dropped more than 2%.

Israeli defense minister Katz said on the 4th that recent developments in Lebanon could create conditions for an Israel-Lebanon peace accord. He said a US-mediated principled statement reached in Washington between Israel and the Lebanese government reflects ground-level progress, including steps to reduce Hezbollah’s military capability, pull its forces north of the Litani River and establish a demilitarized zone. An IDF spokesman said fighting in southern Lebanon remains ongoing. Katz added Israel "will not entrust its security to any other party" and said the unfolding situation could, for the first time in nearly 50 years, offer northern Israeli residents "real and lasting security."

June 3, 2026 — China's ambassador to the United States Xie Feng met with ConocoPhillips chairman and CEO Ryan Lance to discuss China‑US economic and trade cooperation and ConocoPhillips' business development in China.