Shanghai Stock Exchange website shows Chongqing Wuqi Microelectronics Co., Ltd.'s STAR Market IPO has been accepted for review.

On June 29 in Muscat, Oman and Iran held the first meeting of a joint working group on the Strait of Hormuz, the Omani foreign ministry said. The sides exchanged views on future management of the strait, discussed ways to strengthen coordination consistent with their shared interests and sovereignty, and reaffirmed their commitment to international law. They also held talks on a framework for cooperation on shipping and maritime services and said, as littoral states, they will continue to advance related cooperation based on existing bilateral and international understandings.

Verizon (VZ.N) expects to record $200-$300 million in asset-optimization charges.