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The following are news articles, blog posts, and videos related to Rial. You can explore them further for more information on the currency, its value, and its role in the global economy. News 1. Iran's Currency Reaches Record Low Against US Dollar In August 2018, Iran's currency, the rial, hit an all-time low against the US dollar. On August 8th, one US dollar was worth about 110,000 rials, making it more difficult for Iranian citizens to purchase goods and services. The drop in the value of the rial has been attributed to the upcoming sanctions from the US, as well as the country's economic mismanagement. 2. Iran Introduces New Currency In April 2019, the Iranian government announced that it would be introducing a new currency, the toman. The toman is equal to 10,000 rials, and was intended to reduce confusion and make transactions easier. The move was also seen as an attempt to boost the value of the rial, although it remains to be seen if this measure will be successful. Blog Posts 1. The Impact of US Sanctions on the Iranian Rial In this
On Tuesday, the KOSPI index experienced a decline of 0.53%, closing at 3,189, as it slipped from earlier advances due to downturns in the consumer non-durables, retail trade, and manufacturing sectors. Prominent decliners included Cosmax Inc, which plunged 16.83%, E-Mart Co, falling 8.14%, and HD Hyundai Electric, down by 1.51%. Market sentiment took a hit after the Korea Development Institute (KDI) held its 2025 growth forecast steady at 0.8%, pointing to ongoing challenges in construction investment. This sector is anticipated to shrink by 8.1% year-on-year in 2025, significantly worse than the 3.3% decrease observed last year. On the international stage, South Korean President Lee Jae-myung is scheduled to meet with US President Donald Trump in Washington on August 25 to enhance bilateral relations and economic security collaboration. Their discussions are expected to concentrate on alleviating the effects of evolving global trade dynamics, particularly those influenced by US tariff policies on South Korea's export-dependent economy.The material has been provided by InstaForex Company - www.instaforex.com
The S&P/ASX 200 index advanced by 0.4%, closing at 8,881 on Tuesday. This uptick in investor confidence followed the Reserve Bank of Australia's recent decision on monetary policy. The central bank cut the cash rate by 25 basis points to a two-year threshold of 3.60%, marking the third such reduction this year. This unanimous move was driven by emerging signs of diminishing inflationary pressures and a softening labor market. Additionally, market optimism was bolstered by the extension of a 90-day pause in US-China trade tensions, a move perceived as a de-escalation measure that provides further negotiation time and alleviates fears of rekindled disputes. The banking sector experienced gains as ANZ surged 2.2%, and Westpac increased by 0.9% in anticipation of their forthcoming earnings announcements later in the week, with Commonwealth Bank rising marginally by 0.1% ahead of its full-year results expected on Wednesday. In other sectors, Star Entertainment achieved a remarkable 23.6% increase—its most significant one-day rise ever—after reaching an agreement to sell its 50% share in a A$3.6 billion Brisbane resort.The material has been provided by InstaForex Company - www.instaforex.com
Delray Beach, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The Pipe Insulation Market is estimated to grow from USD 5,265.4 million in 2024 to USD 7,195.9 million by 2030, at a CAGR of 5.4% between 2025 and 2030. , as per the recent study by MarketsandMarkets™. The pipe insulation market is on the rise due to the increasing need for energy efficiency, a rise in construction activities, and stricter environmental regulations. By insulating pipes, we can reduce energy loss, enhance system performance, and decrease operational costs across industrial, commercial, and residential settings. The demand for thermal and acoustic insulation is further driven by the expansion of district heating and cooling systems, oil and gas infrastructure, and the chemical industry. Additionally, as more people become aware of sustainability and the importance of reducing carbon footprints, there is a push for advanced insulation materials. Emerging economies are also investing in infrastructure development, which significantly boosts market growth in sectors such as building & construction, industrial, district energy systems, oil, gas, and others. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=263389325 Browse in-depth TOC on “Pipe Insulation Market” 222 - Market Data Tables 54 – Figures 246 - Pages List of Key Players in Pipe Insulation Market: Saint-Gobain S.A. (France)BASF SE (Germany)Johns Manville (US)Owens Corning (US)Kingspan Group PLC (UK)Rockwool A/S (Denmark)Covestro AG (Germany)Huntsman Corporation (US)Armacell (Luxembourg)Knauf Insulation (US) Drivers, Opportunities and Challenges in Pipe Insulation Market: Drivers: Growth in oil and gas demandRestraint: Volatile prices of plastic foamsOpportunity: Availability of green insulation materialChallenge: Corrosion under insulation leads to health and safety-related issues Get Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=263389325 Key Findings of the Study: In 2024, the rock wool material type accounted for the second-largest share in terms of value of the pipe insulation market.In 2024, the oil application segment was the third largest in the pipe insulation market in terms of value.Central & Western Europe was the fourth-largest pipe insulation market in terms of value in 2024. Based on material type, the pipe insulation market is segmented as rock wool, glass wool, PUR /PIR foam, phenolic foam, elastomeric foam, other plastic foam, and others. Among these types, rock wool is expected to register the second-highest CAGR in terms of value during the forecast period. Its high melting point makes it suitable for applications in high-temperature industries such as power plants, petrochemical plants, and district heating. Additionally, increased awareness of fire safety and energy efficiency in building codes and industrial standards is driving the demand for non-combustible insulation products like rock wool. The product is also waterproof yet vapor-permeable, reducing the chances of corrosion under insulation (CUI), a significant issue in metal piping systems. Rock wool is eco-friendly and recyclable, aligning with global initiatives toward green construction and industrial practices. The industrialization and rising energy-efficiency standards in emerging economies are further boosting the demand. The combination of performance, safety, and environmental compliance places rock wool at the forefront of the expanding pipe insulation industry. Based on application, the pipe insulation market is segmented into district energy systems, oil, gas, building & construction, industrial, and others. The industrial application segment is expected to report the second-lowest CAGR in the market for pipe insulation during 2025–2030, driven by rising demand for safety, energy efficiency, and operational reliability in industries such as oil & gas, chemicals, power generation, and food processing. In these sectors, extensive networks of hot and cold pipelines are used for process operations and fluid transport, making thermal insulation essential to reduce energy loss, maintain process temperatures, and avoid freezing or condensation. Increasing energy costs and environmental regulations are compelling industries to adopt advanced insulation systems to conserve more energy and reduce carbon emissions. Additionally, growing awareness of workplace safety and equipment longevity is encouraging businesses to invest in insulation materials that protect staff from hot surfaces and mitigate corrosion under insulation (CUI). Industrial expansions, particularly in developing economies in Asia-Pacific and the Middle East, are also driving demand for robust and effective insulation solutions. These factors collectively contribute to the strong growth of the industrial segment in the pipe insulation market throughout the forecast period. Get Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=263389325 Based on the region, North America is forecast to achieve the second-highest CAGR for the pipe insulation market during 2025 to 2030 based on robust regulatory environments, rising investments in infrastructure, and a strong focus on energy efficiency. The industrial base of the region, particularly in petrochemicals, oil & gas, and power generation, is well established and significantly depends on insulated piping systems to minimize heat loss, enhance safety, and adhere to environmental requirements. Moreover, increased retrofit and renovation activities in residential and commercial properties, fueled by energy conservation incentives and green building regulations, are helping to fuel the demand for pipe insulation. The key players profiled in the report include Saint-Gobain S.A. (France), BASF SE (Germany), Johns Manville (US), Owens Corning (US), Kingspan Group PLC (UK), Rockwool A/S (Denmark), Covestro AG (Germany), Huntsman Corporation (US), Armacell (Luxembourg), and Knauf Insulation (US), and among others. Saint-Gobain S.A., established in 1665 with its main office in Courbevoie, France, leads the world in light and sustainable construction. This company has a major impact on the pipe insulation market. With a history of over 360 years, Saint-Gobain creates, makes, and sells materials for building and industrial use. It works through various parts of the business, like construction products, which offer pipe insulation. Headquartered in Ludwigshafen, Germany, BASF SE is one of the world’s leading chemical companies, with a recognized presence in the insulation and construction sectors—particularly in advanced pipe insulation solutions. Through its Performance Materials division, BASF develops and markets innovative thermal insulation systems, leveraging deep expertise in polyurethane chemistry. Browse Adjacent Markets Foam and Insulation Market Research Reports & Consulting Related Reports: Medical Device Packaging Market1,4-Butanediol MarketMilled Carbon Fiber MarketProcess Oil MarketCooling Tower Market CONTACT: About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. 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In post-holiday trading on Tuesday, the Nikkei 225 Index soared by 2.15%, closing at 42,718, while the broader Topix Index rose 1.39% to 3,066, with both benchmarks reaching new record highs. This rise was attributed to strong corporate performances and an improved global trade outlook. The extension of the US-China trade truce for an additional 90 days alleviated tensions, granting negotiators extra time to finalize an agreement. Domestically, investors continued to scrutinize the Bank of Japan’s policy direction, as board members remained divided regarding the timing and pace of future interest rate increases. In corporate developments, there was significant movement with SoftBank Group, which surged nearly 7% following their decision to select investment banks for a prospective US listing of one of its portfolio companies, the Japanese payments app operator PayPay. Other notable performers included Sanrio, which rose by 16.1%, Advantest with a 6.3% gain, and Mitsubishi UFJ which increased by 4.4%.The material has been provided by InstaForex Company - www.instaforex.com
Real-time tracking technology developer t42 IoT Tracking Solutions (LON: TRAC) has agreed with Contguard to extend the maturity date of the $1.3m convertible loan to 10 December 2027. Contguard has agreed to place $2.5m of orders for 2025 and 2026 with payments in advance of deliveries. The share price increased 11.4% to 2.45p. Zoo Digital […]