Switzerland's foreign ministry said on June 22 it welcomed "constructive progress" in U.S.-Iran talks and is ready to support follow-up steps. It noted a joint statement by mediators Qatar and Pakistan and welcomed the "constructive progress" from intensive diplomatic talks on June 21-22 at Bürgenstock. The ministry said establishing a high-level committee under a memorandum of understanding is a "positive step" that will help plan the next political and technical phase, and that agreement on a

Kuwait National Petroleum Company issued a tender to sell naphtha — used in gasoline and plastics production — requiring buyers to pick up cargo at a deep-Gulf port, transport by sea and charter vessels themselves. Traders said it is the first such buyer-collect offer in years. The move coincides with rising Strait of Hormuz traffic and oil producers’ steps to restore supplies after a temporary US‑Iran peace agreement.

Multiple agencies reported stronger Shenzhen housing activity over the Dragon Boat Festival. Le Youjia data show combined new and resale residential signings rose 17% YoY to the highest level for the holiday in five years; new-home signings were up 9% and resales up 21%. Centaline said average daily viewings at its Shenzhen branches during the holiday were 52% higher than mid‑June. Through June 21, Shenzhen recorded 6,264 cumulative transactions for June: 2,641 new-home sales (1,670 presales, 971 immediate-sale) and 3,623 resale transfers. Shell Research Institute director Xiao Xiaoping attributed the pickup to continued policy support and a concentrated holiday viewing window that released pent‑up rigid and replacement demand, and noted a two‑ended recovery: faster absorption of low‑price first‑time stock alongside rising market share for improvement purchases in Nanshan and Futian priced in the tens of millions of yuan.