Author: Jordan

Specialist lender Roma Finance has agreed a forward flow with JPMorgan to support its long-term lending capabilities. The partnership will help Roma expand its product suite and launch long-term buy-to-let (BTL) and commercial mortgages, with terms up to 40 years on fixed terms of two, five and seven years.  The lender has also launched a commercial and semi-commercial mortgage proposition for owner-occupied premises, investment properties and property company/operating company structures across a range of use classes in England, Scotland and Wales.  It said the new products would also support its ambition to become the UK’s largest unregulated non-bank property…

JAKARTA (June 5): Indonesia issued a government regulation on Friday to bring exports of its strategic commodities under centralised control, according to a notice on the website of the state secretariat ministry. President Prabowo Subianto announced on May 20 that Indonesia would bring the exports of all of its strategic commodities under the control of a new state company, Danantara Sumberdaya Indonesia (DSI). Here are some key details about the regulation: The 11-page regulation was signed on May 20 by President Prabowo Subianto and outlines the implementation of Indonesia’s centralised export measures. In the initial stage, the government will mandate that exports of…

Looking back on personal loan stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Nubank (NYSE:NU) and its peers. Personal loan providers offer unsecured credit for various consumer needs. The sector benefits from digital application processes, increasing consumer comfort with online financial services, and opportunities in underserved credit segments. Headwinds include credit risk management in unsecured lending, regulatory oversight of lending practices, and intense competition affecting margins from both traditional and fintech lenders. The 9 personal loan stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 2% while next quarter’s…

Accord Mortgages is cutting rates across its buy-to-let and residential ranges this week, with two-year fixed landlord products falling by up to 0.30% and residential rates reducing by as much as 0.46%. The buy-to-let changes take effect from 8am today, Friday 5 June, covering two, three and five-year fixed products. Two-year fixes are down by up to 0.30%, three-year deals by up to 0.25% and five-year fixed rates by up to 0.22%. Buy-to-let highlights include: A two-year fix for remortgage customers at 4.87% (previously 5.17%) at 60% LTV, with a £995 fee, free standard valuation and remortgage…

The annual report on the international role of the euro published by the European Central Bank (ECB) this week points to the growing fragmentation of the global financial system amid attempts to shift away from dependence on the US dollar.The most striking figure to emerge from the report was the decline in the proportion of US Treasury bonds in the reserves held by central banks and the increase in the use of gold as a reserve asset.Gold bars on display at the American Museum of Natural History. November 8, 2006 [AP Photo/Seth Wenig]Gold bullion accounted for 27 percent of all…

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.48% from 6.53% last week, mortgage buyer Freddie Mac said Thursday. The average rate remains below 6.85%, where it was a year ago. When mortgage rates decline they give homebuyers more purchasing power. Rates have been mostly trending higher since the war with Iran began, disrupting the passage of tankers ferrying crude oil from the Persian Gulf to customers worldwide. That’s sent oil prices sharply higher — a key driver of inflation. “This…

Sanlam Investments has repositioned itself to cash in on the boom in alternative assets, private equity and SME debt in a bid to rewrite the asset management playbook.To this end, the asset manager, owned by financial services major Sanlam, has set its growth blueprint on the following pillars: indexation, private wealth and alternative investments. The company’s businesses — Satrix, Sanlam Investments Multi-Manager, Sanlam Private Wealth and Sanlam Alternative Investments — are expected to play a key role as the asset manager enters its next growth phase after the sale of its active asset management businesses in South Africa and the…

Should the property industry spend more time and money on implementing digital ID systems which may be rendered obsolete or non-compliant by future legislation? Stuart Young is managing director of Etive, the company leading the MyIdentity scheme, a recognised industry standard for carrying out customer identity verification and anti-money laundering checks of home buyers and sellers. The MyIdentity trust framework was set up with public funding to design and develop a digital identity trust framework to support residential property transactions and has had the input of 106 organisations, including five government departments and estate agency, legal and financial services trade…

Thu, June 4, 2026 at 9:34 PM UTCYour Money: What graduates should know about credit and debit cardsAs your new graduate prepares to step into the next chapter of life — whether that’s more education or starting a career — one of the best things you can do is help them understand how to use credit cards, debit cards and prepaid cards wisely.On Thursday, Edward Jones Financial Advisor Charlie Holt came by to talk through the options.Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and…

Australian bull semen is being sent to China after a five year break as demand for premium beef in the People’s Republic grows.A total of 24,000 straws of bull semen were sent in April and May this year, marking the first exports of Australian cattle genetics to China since 2021.Genetics company ABS Australia secured a major export agreement with China for Wagyu, Jersey and Holstein semen, with the potential for the inclusion of other breeds in the future.”[Australia’s] got some of the best Wagyu bulls and Angus bulls available around the world,” business operations manager Bruce Ronalds said.”[Breeders in China]…