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Trump: The Strait of Hormuz will be opened immediately after a memorandum of understanding is signed.

2026-06-12

Trump: The Strait of Hormuz will be opened immediately after a memorandum of understanding is signed.

Other News
2026-06-12

USDA June forecast for the 2026/27 US soybean crop: production 4.435 bln bushels, unchanged from May; yield 53 bu/acre, unchanged. USDA projects 2026/27 ending stocks at 310 mln bushels, unchanged from May and slightly below the market consensus of 3

USDA June forecast for the 2026/27 US soybean crop: production 4.435 bln bushels, unchanged from May; yield 53 bu/acre, unchanged. USDA projects 2026/27 ending stocks at 310 mln bushels, unchanged from May and slightly below the market consensus of 312 mln.
2026-06-12

CSRC Shanghai Regulatory Bureau deputy director Zhao Guofu said on June 12 that in the year since the '1+6' STAR Market reform package the market has accepted 59 new IPO filings, a sharp year-on-year rise. Twenty-four of the filings are unprofitable

CSRC Shanghai Regulatory Bureau deputy director Zhao Guofu said on June 12 that in the year since the '1+6' STAR Market reform package the market has accepted 59 new IPO filings, a sharp year-on-year rise. Twenty-four of the filings are unprofitable companies, accounting for over 40%. Regulators have steadily resumed applying the fifth set of listing standards to unprofitable firms and have accepted nine new filings under that standard. Guidance was also issued extending the fifth-standard coverage to commercial rocket firms.
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