UK Housing Market Slumps as Iran Conflict Pushes Mortgage Rates Higher
The UK housing market is showing clear signs of strain as rising mortgage rates—triggered by geopolitical tensions linked to the Iran war—push buyers to the sidelines.
The UK housing market is showing clear signs of strain as rising mortgage rates—triggered by geopolitical tensions linked to the Iran war—push buyers to the sidelines.
GoPro has announced it will cut roughly 23% of its global workforce—about 145 employees—in a sweeping restructuring aimed at restoring profitability after years of declining sales and intensifying competition.
Samsung Electronics is facing renewed market scrutiny after a major shareholder moved to offload a significant stake, signaling ongoing financial pressures within the founding family structure.
Japan has been warned that undermining central bank independence could trigger a sharp rise in government bond yields, a risk that is already materializing in its fragile debt market.
The Canadian dollar’s recent disconnect from surging oil prices is raising fresh questions in currency markets, as new forecasts from National Bank of Canada (NBC) point to further near-term weakness despite Canada’s strong energy position.
Western Australia has moved to stabilize its struggling nickel sector with a A$15 million loan program, as extreme price volatility continues to threaten the viability of key battery metal operations.
BRICS+ economies have sharply increased their gold reserves, collectively surpassing 6,000 tonnes and raising their share of global central bank holdings from 11.2% in 2019 to 17.4% by April 2026.
JPMorgan Chase CEO Jamie Dimon has warned that the ongoing war in Iran could trigger oil and commodity price shocks severe enough to keep inflation elevated and force interest rates higher than markets currently expect
Oil surges and stocks swing as Trump signals possible Iran strikes, raising fears of wider conflict and supply disruption.