Summary of Important News from Yesterday and This Morning (2026-05-01)

Domestic News:
1. Wang Yi had a phone call with U.S. Secretary of State Blinken.
2. He Lifeng held a video call with U.S. Treasury Secretary Yellen and Trade Representative Griell.
3. Four departments will support local governments in conducting commercial reserves of frozen pork.
4. Yi Hui Man, former deputy director of the Economic Committee of the 14th National Committee of the Chinese People's Political Consultative Conference, was expelled from the party and dismissed from public office.
5. Guangzhou: The maximum personal housing provident fund loan amount has been increased to 1 million yuan.
6. The central bank will conduct a 300 billion yuan 3-month term buyout reverse repurchase operation.
7. The People's Bank of China and the General Administration of Customs: Further optimize the "non-one batch, one certificate" management for import and export permits of gold and gold products.
8. National Bureau of Statistics: China's manufacturing PMI for April was 50.3%, continuing a good operational trend.
International News:
1. Trump cancels tariffs on British whiskey.
2. Trump: I don't care whether Powell stays at the Federal Reserve, I won't take action.
3. Sources: India’s gold imports in April are expected to drop to 15 tons, possibly the lowest in nearly 30 years.
4. Alphabet rose 10%, with a daily market value surge of $421 billion, setting the second-largest record in history.
5. The European Central Bank held its seventh consecutive meeting without change; ECB sources: The possibility of a rate hike in June is very high.
6. The Bank of England maintained interest rates with an 8:1 vote; the statement hinted at possible rate hikes, and Governor Bailey issued an emergency "firefighting" press conference.
7. Yen/USD exchange rate experienced a huge shock, briefly falling below 160 to a 19-month low; during the U.S. trading session, it rebounded above 155; Japanese media reported that Japan intervened in the foreign exchange market.
8. U.S. Q1 real GDP annualized quarterly rate preliminary figure was 2%, below expectations; March PCE price index annual rate rose to 3.5%, the highest in nearly three years; weekly initial jobless claims were 189k, the lowest since the week of September 24, 2022.
9. U.S.-Iran situation—① Trump said he might need to break the Iran ceasefire agreement. ② U.S. media: The U.S. proposed forming a coalition to restore shipping in the strait. ③ Defense Secretary said Iran may "soon" take "further action." ④ Blockades are effectively declarations of war; Iranian lawmakers said they might clear maritime obstacles. ⑤ Iranian Foreign Ministry spokesperson: Expecting rapid progress in negotiations with the U.S. is unrealistic.