Tasnim News reported Iranian officials demanded Israel immediately halt military operations in Gaza and Lebanon and fully withdraw from areas of Lebanon it occupies before talks can resume.

June 1 — At the Haidian-hosted Beijing Satellite IoT Industry Development Conference, Beijing formally established its first Space Compute Industry Innovation Center. The center was approved by the Beijing Municipal Bureau of Economy and Information Technology and is led by Beijing University of Posts and Telecommunications with Haidian District support and participation from industry leaders. Operating under a company-plus-alliance model, it targets six R&D areas: space-native compute chips with high reliability and heat tolerance; high-performance, ultra-interconnect space compute payloads; space compute satellite platforms and standards; large models optimized for power and reliability constraints in space; integrated space–ground communications, telemetry networking and cloudification; and commercialization of space compute services and tokenized operations. The center aims to build an end-to-end space compute ecosystem across chip–hardware–platform–intelligence–network–application.

China Merchants Securities says loom capacity is shifting to high‑end production, keeping electronic yarn and fabric prices elevated. It forecasts peak prices for standard 7628 electronic fabric of 7.5-8.0 yuan/m by 2026. High‑end product supply remains tight and short‑term demand exceeds supply. Strong demand growth, inelastic supply, leading firms expanding high‑end capacity and low‑end conversion/upgrades support a clear cyclical upswing with concurrent volume and price gains. Near term, high‑end capacity bottlenecks should keep prices elevated; medium‑to‑long term, leaders’ technology and cost advantages will sustain capacity expansion and raise the industry’s profit baseline.