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Real-time News
On May 27, 2026, local time, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Bahraini Foreign Minister Zayani on the sidelines of the UN Security Council High-Level Meeting in New York. Wang Yi stated that as a good friend and partner of Bahrain and other Gulf countries, China sincerely hopes that peace and tranquility will be restored to the Middle East and the Gulf region as soon as possible. President Xi Jinping solemnly put forward four propositions on maintaining and promoting peace and stability in the Middle East, clarifying a responsible attitude and a fair stance. This war should not have happened, and there is no reason for it to continue. The urgent task is to promote a comprehensive and lasting ceasefire. The international community should increase its efforts to promote peace and work together to ease tensions and de-escalate the situation, especially opposing any attempts to escalate tensions. China supports Pakistan and other countries in continuing their active mediation efforts and is willing to closely coordinate with Bahrain and other Security Council members to ensure that the work of the Security Council moves in the right direction towards a political solution and to jointly strive for lasting peace and stability in the Middle East.On May 27th, analysts in a Reuters survey said that despite the Nikkeis rapid rise keeping forecasters busy, the index will continue to reach new record highs, driven by the artificial intelligence boom and strong corporate earnings. The median forecast in the Reuters survey showed analysts expect the index to reach 69,000 points by the end of next year, setting another record. The Nikkei closed at 64,996.09 points on Tuesday. Yunosuke Ikeda, head of macro research at Nomura Securities, is bullish on stocks, but the Nikkeis rise has exceeded his expectations—he had previously predicted the index would reach 63,000 points by December and 65,000 points a year later. He said that as a forecaster, this rally is "too fast to keep up with." Of the 12 respondents who answered a supplementary question, seven said their view on the AI boom driving stock market performance remained largely unchanged compared to three months ago. The remaining five were more optimistic. At the same time, Ikeda stated that optimism about artificial intelligence is not a necessary condition for the stock market to continue rising.Japans corporate services price index rose 0.5% month-on-month in April, down from 1.2% in the previous month.Japans corporate services price index rose 3% year-on-year in April, up from 3.10% in the previous month.On May 27th, according to foreign media reports, soybean oil futures on the Chicago Board of Trade (CBOT) rose on Tuesday, driven by a surge in crude oil prices, with the benchmark contract closing up 0.5%. Overnight, US forces in the Middle East attacked multiple targets in Iran, breaking the fragile ceasefire between the two countries. This triggered a rise in international crude oil futures, boosting the soybean oil market. As an important feedstock for biodiesel, the soybean oil market follows crude oil price movements. Furthermore, strength in Malaysian palm oil futures and European rapeseed futures also provided additional external support for Chicago soybean oil. However, the gains in the soybean oil market were somewhat limited by the overall weakness of soybeans. US soybean planting progress is ahead of historical averages, and improved weather conditions in the Midwest suggest an optimistic outlook for new crop supplies, limiting the upside potential for soybeans and processed products.
