At a regular Foreign Ministry briefing, China was asked whether it fears the US or Israel may resume military strikes on Iran after the US midterm elections. The ministry reiterated Wang Yi's position that military measures do not solve problems, would only escalate tensions and are not in any party's interest, and urged relevant parties to pursue dialogue to restore peace in the Middle East and the Gulf.

Senior Iranian official says mediators are working to narrow differences between Tehran and Washington.

Citi’s head of global business Cantú said Japanese and South Korean firms’ investment into the U.S. is likely to grow as global supply chains are restructured, with flows rising in phases. He noted these firms retain substantial deployment capacity; global corporate investment into the U.S. is already large and Citi’s North America cross-border inflows business has posted double-digit growth. Citi and JP Morgan are financing Japanese firms taking part in a Tokyo $550 billion pledge to invest in the U.S., and the White House has released initial projects under South Korea’s $350 billion strategic investment plan. Cantú added investment typically ramps as projects move from land purchase to plant construction to operations, so capex will accumulate over time. Large multinationals have shown resilience and can rapidly adjust footprints under geopolitical shocks; beyond tariffs, a Gulf war could have larger effects, forcing firms to reroute trade and reshape supply chains.