CL Property agents in Kowloon had a good May. Home sales value jumped 71 percent, the kind of number that lands on agency windows and circulates in family group chats before the month is even out. Beijing's new capital rules now cut against that momentum, and in a city where housing is never just an asset class, the gap between May's numbers and June's mood is already the conversation.-- CL

MB When Kuwait's airport takes a missile and courts redraw majority-Black districts to preference and CBS parts ways with the correspondent who most reliably made power squirm, the common thread is not chaos but calculation: institutions adjusting toward whoever currently holds the pen. DeepSeek raises seven billion in the same week. Capital reads the room before the editorials do.-- MB