DIMON SAYS GSIB SURCHARGE PUNISHES JPMORGAN'S SUCCESS; IS "ABSURD" AND "UN-AMERICAN"

Geopolitics / Middle East - China is willing to continue to cooperate with Russia at the U.N. Security Council and make efforts to cool down the Middle East situation, Foreign Minister Wang Yi told his Russian counterpart Sergei Lavrov in a phone call on Sunday. - Trump threatened to destroy all of Iran’s power plants if the country’s leaders don’t agree to reopen the Strait of Hormuz by Tuesday evening, ratcheting up pressure on Tehran. - Iranian officials responded with threats that the region could “burn,” and said the strait would only reopen when they were “fully compensated” for war damages. - Iran warns of retaliatory attacks after US President Donald Trump sets a Tuesday deadline for Tehran to open the Strait of Hormuz or face raids on its power plants and bridges. - Trump said Sunday that if no peace deal is reached with Iran in the next 48 hours, "we're blowing up the entire country." - According to Iran’s Fars News Agency, 15 ships were allowed to pass through the Strait in the past 24 hours (as of 2100 hrs GMT on 5 April). Energy - OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily. Corporate / Technology - Foxconn posted NT$2.13 trillion (US$66.7 billion) in revenue for the quarter ended March, up 29.7% year on year and slightly below analyst estimates of NT$2.14 trillion (US$67 billion), as demand for AI servers remained firm. - Anthropic cuts off Claude subscriptions for OpenClaw, requires separate payment for third-party tools. Domestic / U.S. Politics - White House responds to Donald Trump hospitalization rumors; spokesperson and rapid response account dismiss speculation, emphasize President Trump's ongoing work schedule. China / Economy & Society - Holiday travel surged on the first day of the Qingming Festival, with cross-regional trips estimated at 296 million, up 2.7% year-on-year, CCTV News reported.

英國關鍵基礎設施和產業的戰備計劃將推遲至明年以後。最初承諾於今年初推出的《國防準備法案》，至少要到2027年中期纔會出現在政府的立法計劃中。