Zurich

UBS's latest housing bubble index names Zurich and Tokyo as the developed markets at greatest risk of a housing bubble, while overall price growth across the cities it tracks continues to slow. Investors are watching the findings for signals on where valuations may be most stretched, with real estate ETFs such as Vanguard Real Estate (VNQ) also in focus as sentiment on global property cools.

Film industry executives and creators met at the Zurich Summit to debate the growing divide over artificial intelligence in filmmaking. Discussions centered on how AI is reshaping production, storytelling and jobs, with executives and creative talent voicing sharply different views on its risks and benefits. The summit is one of the key annual gatherings where Hollywood's business and creative sides confront emerging industry tensions.