Chairman of Iran's Shipping Association's Container Committee says 40% of Iran's trade can be transferred to land routes and corridors; up to 15 percent of Iran's total transit volume can be transferred to the North-South Corridor, Fars reports
The statement on Iran's shipping capabilities indicates a potential shift in trade dynamics, particularly regarding the utilization of land routes and the North-South Corridor.
US Trade Advisor Navarro says GDP and durable goods reports show that business investment is surging. The private sector is rebuilding; The Trump economy is growing
European Closes: Euro Stoxx 50 +1.00% at 5,874, Dax 40 +1.33% at 24,272, FTSE 100 +1.62% at 10,379, CAC 40 +0.53% at 8,115, FTSE MIB +0.94% at 48,246, IBEX 35 +0.78% at 17,781, PSI +1.47% at 9,345, SMI +0.80% at 13,136, AEX +1.70% at 1,014
Chairman of Iran's Shipping Association's Container Committee says 40% of Iran's trade can be transferred to land routes and corridors; up to 15 percent of Iran's total transit volume can be transferred to the North-South Corridor, Fars reports
Southern Copper CFO sees a global copper market deficit this year
ECB officials see June hike if energy prices do not ease first, Bloomberg reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could signify an effort by Iran to enhance trade resilience amidst sanctions, impacting regional trade flows and possibly influencing commodities and currency valuations as geopolitical tensions evolve.
Related headlines
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging7 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks8 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL12 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes5 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates4 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 11 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week4 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs9 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies11 hours ago
- US President Trump reiterates that Iran will never have a nuclear weapon; says blockade against Iran has been effective16 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20306 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 20261 hour ago
- US Secretary of State Rubio hoping to wrap up solid trade deals with Colombia, Ecuador, and Peru during visits16 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war4 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)6 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd10 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)7 hours ago
- FedEx (FDX) is to sell EUR denominated 4- and 8-year notes29 min ago
- NY Fed SCE (Aug): Inflation expectations: One-year 3.6% (prev. 3.6%), 3-year 3.2% (prev. 3.3%), 5-year 3% (prev. 3%). 16 hours ago
- Japanese Machine Tool Orders (Aug YY) 64.7% (Prev. 50.4%)1 hour ago
The whole workspace, free to try.
Try it free