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Time:2026-07-01T17:02:27Z

Global markets show mixed results with tech leading first-half gains, though the biggest winners were outside the U.S. Fed Chair Warsh signals independence and asks markets to follow economic data rather than Fed guidance. Hong Kong's luxury property market sees mild recovery with developers offering incentives. The White House lifts export controls on Anthropic's advanced AI models after security reviews. Trump's financial disclosures reveal over $1 billion in cryptocurrency earnings in his first year back in office.

Tech leads global stock gains outside the U.S.

Tech leads global stock gains outside the U.S.Technology stocks drove most first-half gains in global markets, but the strongest performers were concentrated outside the United States. The Dow Jones Industrial Average hit an all-time high, while the Nasdaq declined as investors weighed remarks from Fed Chair Warsh alongside economic data. Nearly all of the Nasdaq-100's first-half gains came from just 10 stocks, highlighting narrow market leadership. Analysts are also identifying value stocks poised for rapid growth through 2028.

Hong Kong luxury property market sees mild recovery

Hong Kong luxury property market sees mild recoveryHong Kong's luxury home market is attracting renewed interest from buyers, with agents predicting mild price growth of up to 2%. Strong first-half momentum has kept the market buoyant, and developers are offering incentives such as Mercedes giveaways to entice wealthy purchasers. The luxury segment is expected to remain resilient through the rest of 2026, though price increases are likely to stay modest.

Warsh signals Fed independence, urges focus on economic data

Warsh signals Fed independence, urges focus on economic dataFederal Reserve Chair Kevin Warsh emphasized the central bank's political independence and signaled continued focus on inflation. He told Wall Street to stop looking to the Fed for interest rate clues and instead watch incoming economic data. Warsh noted that inflation poses less risk than it did a few weeks ago, suggesting a more dovish tone ahead of upcoming policy decisions.

White House lifts export controls on Anthropic's AI models

White House lifts export controls on Anthropic's AI modelsThe White House has lifted export restrictions on Anthropic's most advanced AI models, which had been frozen over cybersecurity concerns. The move reverses a prior ban and allows Anthropic to deploy its Claude models internationally. Reports indicate the administration acted after a security review found the models no longer posed elevated risk. The decision marks a shift in U.S. AI export policy.

Trump earned over $1 billion from crypto ventures in 2025

Trump earned over $1 billion from crypto ventures in 2025Donald Trump's financial disclosures reveal he made more than $1 billion from cryptocurrency businesses in his first year back in the White House. Filings show approximately $1.2 billion in crypto-related income, including over $100 million in Bitcoin investments. The revelations highlight the former president's deep financial ties to the digital asset industry during his second term.