Author: Jordan

How Cross-Selling Is Reshaping the Economics of Gold Loan Businesses in IndiaIndia’s gold loan industry has undergone a significant transformation over the last decade. What was once viewed primarily as a short-term financing product has evolved into a broader customer engagement platform. Financial institutions are increasingly recognizing that borrowers seeking liquidity against pledged jewellery may also have needs extending beyond a single transaction. As a result, cross-selling strategies are gradually becoming an important aspect of business models within the gold backed lending ecosystem.This shift reflects changing market realities. Competition has intensified, customer acquisition costs have risen, and lenders are seeking…

As of July 1, 2026, Azerbaijan’s domestic public debt stood at AZN 15.982 billion, the Ministry of Finance said, APA-Economics reports. According to the ministry, the debt accounted for 12.2% of the country’s projected GDP for the current year. Azerbaijan’s domestic public debt decreased by 6.96% compared to the same period last year. Source link

In an interview with CNBC’s “The Master Investor” podcast on July 20, Jamie Dimon, chief executive officer of JPMorgan Chase (JPM +0.95%), made headlines by talking about the bond market. Dimon said that he believes high levels of U.S. government debt will eventually “become a problem” by driving interest rates higher, and that he personally wouldn’t buy long-term U.S. Treasury bonds. Many investors buy bonds as part of their long-term portfolio to earn steady income and (hopefully) diversify against the risks of stocks. But long-term bonds aren’t the best choice for every investor, and the past few years have been…

Key Takeaways for Nucor Stock as of July 2026 Nucor posted record quarterly shipments of 7 million tons in Q1 2026 and guided for earnings and cash flow to trend “significantly higher” than 2025, a capacity-to-pay signal the dividend yield barely reflects. The quarterly dividend sits at $0.56 per share, up from $0.54 two quarters earlier, continuing a staircase that has not missed a step. A 17% payout ratio against a 1% yield leaves the dividend drawing from a sliver of earnings, with room that most income stocks would envy. TIKR’s mid-case model prices Nucor stock at $245 by December…

According to rates from the Zillow lender marketplace, current purchase rates for Monday, July 27, 2026, are now higher than refinance rates. The current 30-year fixed rate today rose by 24.1 basis points to 6.696%, the 15-year fixed rate rose by 9.6 basis points to 6.036%, and the 5/1 ARM rose by 41.4 basis points to 6.637%. Read more: Weekly survey of mortgage lenders with the lowest rates: Rates bubble higher Today’s mortgage rates Here are the current mortgage rates today, Monday, July 27, 2026, according to the latest Zillow data: 30-year fixed: 6.696% 20-year fixed: 6.705% 15-year fixed: 6.036%…

“In terms of rates, obviously we’re seeing swaps jumping around and I think that’s more to do with global events than it is to do with Burnham himself in the few days he’s been in,” he said. “I think it’d be a bit harsh to say it’s all his fault.” Markets had not reacted unfavourably when Burnham’s path to the Labour leadership became clear. “As soon as it was mooted that Burnham was going to be unchallenged going to the position in Number 10, markets didn’t react unfavourably,” he said. As the Bank of England’s Monetary Policy Committee weighs its next…

About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background – a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, Jamie contributed… Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news…

Capital glut squeezes Kinsale’s property line Insurance Business Source link

Visitors place birthday messages on a wall for the one-year-old male Japanese macaque monkey named ‘Punch’ at Ichikawa City Zoo. (AFP pic) CHIBA: The viral Japanese monkey Punch marked his first birthday Sunday at a zoo near Tokyo, receiving over 2,500 messages from well-wishers within and outside Japan, Kyodo News reported. Punch went viral for clinging to an orangutan plushie after being abandoned by his mother, but has become accustomed to living in a group, according to Ichikawa City Zoo. The zoo in Chiba Prefecture exhibited the messages at a corner of the facility. Punch has recently started spending time…

Simplybiz Mortgages has released details of its annual ‘Summer of Learning’ online education programme. Now in its sixth year, the month-long series of events offers technical and best practice sessions on areas including specialist and later lending, buy-to-let (BTL), and general insurance (GI), as well as elements of the programme specifically created for those providing back-office support for advisers. Taking place throughout August, the Summer of Learning syllabus will feature a host of experts, including those from Simplybiz Mortgages team, Air, Legal & General Home Finance, CHL Mortgages, Coventry Building Society, Source, Skipton Building Society, Aldermore, Family Building Society, Darlington…