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Demand for riskier mortgages drops, as their advantages shrink
Homes in Daly City, California, US, on Tuesday, May 19, 2026. Jason Henry | Bloomberg | Getty ImagesOverall mortgage demand flattened last week, as interest rates continue to hover in a narrow range. Borrowers are also pulling back from…
Tech led H1 stock gains — but the biggest winners weren’t in the U.S.
Traders work at the New York Stock Exchange on June 26, 2026. NYSEThe tech sector emerged as a clear winner in the first half of 2026. But while U.S. Big Tech stocks enjoyed strong gains — despite a sharp sell-off at the end of June —…
Gold suffers worst quarter in 13 years amid interest rate hike fears
Gold prices fell further on Wednesday, after the precious metal closed its worst quarter in 13 years in three months to the end of June. Gold futures began the second half of 2026 on the backfoot, sliding 1.24% in early trade to…
UAE’s MGX raises $49 billion fund to back AI companies
Abu Dhabi's sovereign wealth fund MGX on Wednesday announced it has closed a $49 billion fund to back AI companies, making it one of the biggest ever investment vehicles focusing on the sector.Investors are racing to throw money behind…
Europe defense stocks face rearmament test
After years of surging military budgets, emergency Ukraine spending and soaring defense stocks, Europe's rearmament push must now prove it can turn hundreds of billions of euros into weapons, factories and usable military capability.The…
Corruption cases, investibility warnings: Indonesia tests investors
A bundle of Indonesian rupiah and US dollar banknotes arranged at a currency exchange office in Jakarta, Indonesia, on Monday, June 8, 2026. Indonesia's finance and central bank officials said over the weekend they will boost efforts to…
Andy Burnham’s privatization plans in focus
A worker at a Thames Water repair site in London, U.K. Bloomberg | Bloomberg | Getty ImagesThis report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchShould Andy Burnham become…
Employers who laid off workers for AI are reversing their decisions
A mechanical hand is on display at the Robot Mall, world's first embodied intelligent robot 4S store, on August 13, 2025 in Beijing, China. Vcg | Visual China Group | Getty ImagesCompanies are rapidly changing their minds that artificial…
AI demand fuels investors’ portfolios while oil posts biggest monthly
An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April 15, 2026.Bloomberg | Bloomberg | Getty ImagesHello, this is Justina Lee writing to you from…
Iran is selling oil at 20% premium as U.S. blockade removal frees up sales
A cargo ship is pictured off coast of the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on June 28, 2026. - | Afp | Getty…