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Reports indicate that former British Prime Minister and successor Andy Burnham will review a scheme aimed at helping first-time homebuyers afford their properties. This news has boosted the UK residential developer index by 2.3%, with Persimmon, a re

2026-07-13

Reports indicate that former British Prime Minister and successor Andy Burnham will review a scheme aimed at helping first-time homebuyers afford their properties. This news has boosted the UK residential developer index by 2.3%, with Persimmon, a residential developer, rising 3.3%, ranking among the top gainers in the FTSE 100 index. Investec analyst Aynsley Lammin stated that reintroducing the scheme makes perfect sense, could be very helpful to the industry, and is expected to ease restrictions on housing affordability.

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2026-07-13

On Monday, the Tehran Stock Exchange Composite Index fell 89,000 points to 4,966,000. The banking sector saw the largest outflows, with Vedad Merat Bank alone losing 674 billion rials. In addition to approximately 4 trillion rials of retail funds flo

On Monday, the Tehran Stock Exchange Composite Index fell 89,000 points to 4,966,000. The banking sector saw the largest outflows, with Vedad Merat Bank alone losing 674 billion rials. In addition to approximately 4 trillion rials of retail funds flowing out of stocks, pre-emptive rights, and equity funds, about 1 trillion rials flowed out of fixed-income funds, and 112 billion rials flowed out of gold funds. Meanwhile, leveraged funds and silver funds saw inflows from retail investors. 63% of the market's stocks were in decline, with total sell orders exceeding 10.7 trillion rials.
2026-07-13

OPEC secondary-source data for June: total OPEC crude output rose 3,051,000 b/d to 22,002,000 b/d. Largest month-on-month moves: United Arab Emirates +1,642,000 b/d to 3,809,000 b/d; Kuwait +880,000 b/d to 1,452,000 b/d; Iraq +446,000 b/d to 1,970,00

OPEC secondary-source data for June: total OPEC crude output rose 3,051,000 b/d to 22,002,000 b/d. Largest month-on-month moves: United Arab Emirates +1,642,000 b/d to 3,809,000 b/d; Kuwait +880,000 b/d to 1,452,000 b/d; Iraq +446,000 b/d to 1,970,000 b/d; Iran +155,000 b/d to 2,441,000 b/d. Saudi Arabia -99,000 b/d to 6,847,000 b/d. Other changes: Libya +22,000 b/d to 1,325,000 b/d; Nigeria +5,000 b/d to 1,559,000 b/d; Algeria +5,000 b/d to 987,000 b/d; Gabon +10,000 b/d to 224,000 b/d; Congo -7,000 b/d to 274,000 b/d; Guinea -7,000 b/d to 44,000 b/d; Venezuela -1,000 b/d to 1,070,000 b/d.
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