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Iran To Deepen Ties With 'Principal Strategic Partner' China: Ghalibaf
Iran To Deepen Ties With 'Principal Strategic Partner' China: Ghalibaf
Via The Cradle
Iranian Parliament Speaker and special representative for China affairs, Mohammad Bagher Ghalibaf, held the first joint meeting with key economic officials on Wednesday to align Tehran's economic strategy toward Beijing.
The session in Tehran included the ministers of economy, oil, and industry, alongside the central bank governor and the head of the Plan and Budget Organization.
The assembly focused on establishing a unified government approach to elevate bilateral relations and coordinate the administration's economic priorities. During the proceedings, officials evaluated...
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Jul 16, 2026 / Tyler Durden
"The Trend Is Now An Enemy": Kospi Slide Will Deepen As Momentum Flips Script
"The Trend Is Now An Enemy": Kospi Slide Will Deepen As Momentum Flips Script
By David Savage, Bloomberg Markets Live reporter and strategist
The trend is now an enemy for Asian equities, especially those in South Korea, rather than the friend it was when they soared for much of the first half of 2026.
Momentum has been the undisputed king for global factor investing in 2026, particularly for Asian markets. Those trades are fracturing, as reversals in South Korea and other tech-heavy sectors set off a deepening rotation in the region. Investors...
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Sep 14, 2026 / Tyler Durden
Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike
Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike
We continue to track convenience store trends as an indicator of working-class sentiment, building on our coverage of the spending pullback that emerged early in the US-Iran conflict. That weakness persisted into late summer as August's fuel-price spike put further pressure on household budgets.
The Gulf conflict and a global refining squeeze pushed regular gasoline above $4.50 a gallon and diesel above $5.50 in August, leaving consumers with less room for discretionary purchases.
Jefferies food analyst Scott Marks published a...
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Oct 6, 2026 / Tyler Durden
Drones Hit Two Ships Within Bulgaria's Economic Zone, Sinking One, Crew Missing
Drones Hit Two Ships Within Bulgaria's Economic Zone, Sinking One, Crew Missing
Escalation in the Black Sea has now become a daily occurrence in the context of the Ukraine war, and more dangerous is that Russia and NATO are inching closer to direct conflict.
Bulgaria has announced Tuesday that two commercial ships were hit by drones in what it says marks a first attack on shipping within the NATO member’s exclusive economic zone in the Black Sea. Bulgarian Prime Minister Rumen Radev declared "This is an unacceptable attack in Bulgaria’s exclusive economic...
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