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India's foreign exchange reserves fell to $681.61 billion in the week ending June 5.
2026-06-12
India's foreign exchange reserves fell to $681.61 billion in the week ending June 5.
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2026-06-12
Argus Media energy reporter Nader Itayim, citing Mehr news agency and a source close to Iran’s negotiating team, published details of a US‑Iran 14‑point draft memorandum of understanding. Market-relevant points: permanent, immediate cessation of host
Argus Media energy reporter Nader Itayim, citing Mehr news agency and a source close to Iran’s negotiating team, published details of a US‑Iran 14‑point draft memorandum of understanding. Market-relevant points: permanent, immediate cessation of hostilities on all fronts including Lebanon; US pledge of non‑interference and respect for Iranian sovereignty; full lifting of maritime blockade within 30 days; US withdrawal of forces from around Iran; reopening of the Strait of Hormuz within 30 days under Iranian arrangements; suspension of sanctions on Iranian oil, petrochemicals and derivatives and restoration of Iran’s access to its financial resources; US and allies to propose an Iran reconstruction plan worth at least $300bn; a 60‑day negotiation period to seek a final nuclear agreement and full removal of primary and secondary US sanctions and relevant UNSC and IAEA board measures; and unfreezing $24bn of Iranian funds during the 60‑day talks, with half to be released before negotiations begin.
2026-06-12
CRIC data show sales of high-end residential units priced at RMB10m or more in 30 key cities totaled 13,986 units in the first five months, down 19% YoY and declining faster than the overall new-home market. The broader market rebounded in May, led b
CRIC data show sales of high-end residential units priced at RMB10m or more in 30 key cities totaled 13,986 units in the first five months, down 19% YoY and declining faster than the overall new-home market. The broader market rebounded in May, led by a strong secondary market: May secondary-market transaction areas were 2.14 mln sqm in Chengdu (+33% YoY), about 1.97 mln sqm in Shanghai (+21% YoY), and exceeded 1.0 mln sqm in Beijing, Tianjin, Wuhan, Xi’an and Guangzhou.
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