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UK Mortgage Approvals Rise In June Despite Higher Rates

UK Mortgage Approvals Rise In June Despite Higher Rates

UK mortgage approvals increased in June despite rising borrowing costs, data published by the Bank of England revealed Wednesday. Mortgage approvals for house purchases, an indicator of future borrowing, increased to 58,200 in June from 56,600 in May. Similarly, approvals for remortgaging increased in June, to 34,200 from 33,800 in the previous month.
RTTNews | 42 days ago
FTSE 100 Hits Record High On Strong Earnings

FTSE 100 Hits Record High On Strong Earnings

The FTSE 100 climbed to a record high Wednesday morning as Standard Chartered surged over 3% following higher quarterly profit and a $1 bln buyback announcement. Worries about Middle East escalation capped the index's upside potential.
RTTNews | 42 days ago
GE HealthCare Stock Up 13% On Strong Q2 Profit & Orders, Positive Outlook

GE HealthCare Stock Up 13% On Strong Q2 Profit & Orders, Positive Outlook

Shares of GE HealthCare Technologies, Inc. were gaining around 13 percent in the pre-market activity on Nasdaq, after the company reported Wednesday higher second quarter profit and orders. Further, the healthcare technology company reaffirmed fiscal 2026 outlook, expecting higher earnings and organic revenues.
RTTNews | 42 days ago
AC 40 Moderately Lower As Investors React To Results

AC 40 Moderately Lower As Investors React To Results

With stocks turning in a mixed performance as investors react to a slew of earnings updates, the French equity index swung back and forth across the unchanged line on Wednesday. Geopolitical concerns hurt sentiment. Also, investors looked ahead to the Federal Reserve's monetary policy announcement, due later in the day.
RTTNews | 42 days ago
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Indian Shares End Sharply Higher Led By IT Stocks

Indian Shares End Sharply Higher Led By IT Stocks

Indian shares rose sharply on Wednesday after data showed India's industrial production grew 7.3 percent in June, the fastest in nearly two years, as against 2.2 percent a year ago and 5.1 percent growth reported for May 2026.
RTTNews | 42 days ago
German Market Turns Weak After Early Upmove

German Market Turns Weak After Early Upmove

After a flat start and a subsequent move up north, the German stock market's benchmark index DAX slipped into negative territory on Wednesday with investors digesting corporate earnings news and looking ahead to the Federal Reserve's monetary policy announcement later in the day.
RTTNews | 43 days ago
Oil Prices Rebound After Three-day Slump

Oil Prices Rebound After Three-day Slump

Oil prices rose sharply on Wednesday as hostilities continued in the Middle East and industry data pointed to continued tightness in global oil supplies.
RTTNews | 43 days ago
European Shares Subdued As US-Iran Tensions Escalate

European Shares Subdued As US-Iran Tensions Escalate

European stocks were subdued on Wednesday as joint strikes in Iraq by the United States and Saudi Arabia raised concerns about a prolonged war in the Middle East. Caution ahead of big tech earnings and the Federal Reserve's interest-rate decision later in the day also kept investors on edge.
RTTNews | 43 days ago

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