Author: Jordan

The domestic equities market on Friday took a negative direction, declining by N103 billion at the close of transactions on Friday. This resulted in the market capitalisation of listed equities depreciating by 0.07 per cent to N256.444 trillion from N156.547 trillion it closed on Thursday. The NGX All Share Index also went down by 159.97 basis points to 243798.76 points from 243958.73 points traded the previous day.  Although the market breadth was positive with 30 advancers against 27 decliners, losses recorded in some mid cap stocks weighed down on the market, bringing year-to-date return to 56.72 per cent. The downward performance recorded…

SK Hynix, the world’s leading manufacturer of high-bandwidth memory, debuted on the Nasdaq yesterday, after raising $26.5 billion in the largest U.S. listing ever by a foreign company and the second-largest share sale in U.S. history, trailing SpaceX’s $86 billion IPO last month. Shares rose 12.8% in their first day of trading. The listing gives U.S. investors direct access to a chipmaker that’s closely tied to the AI boom, making the specialized memory chips that sit inside almost every Nvidia processor, and now command high prices amid a major shortage. “We’ve announced plans to double production capacity within five years, but…

ByABC7 Chicago Digital Team Saturday, July 11, 2026 3:47AMCOOK COUNTY, Ill. (WLS) — A former suburban high school superintendent is facing felony charges after allegedly using a district credit card for personal purchases.The Cook County State’s Attorney’s Office said William Toulios, 46, used the card from Argo Community High School District 217.ABC7 Chicago is now streaming 24/7. Click here to watchToulios is accused of making more than $10,000 dollars in purchases including golf equipment, Visa gift cards and adult content websites.Prosecutors also said Toulios directed a subordinate employee to create fraudulent invoices to conceal the spending.The suspect appeared in court…

Every year in early July, we update our interactive Periodic Table of Commodities Returns to reflect the performance of raw materials in the first six months of the year. Maybe I’m biased, but I believe it’s one of the clearest snapshots of the commodities landscape you’ll find anywhere. And what a snapshot it is. Between a war in the Middle East, a tanker crisis in the Strait of Hormuz and gold’s wildest six months in recent memory, the first half of 2026 turned last year’s leaderboard on its head. Precious metals, which crushed the field in 2025, finished at the…

Museums should explore new forms of financing in order to generate different forms of value in multiple sectors.Hybrid forms of financing allow museums to function effectively as impact enterprises, increasing their sustainability.A new framework – Cultural Capital Financing – could be conceived to help combine public funding with private investment, digital innovation and social entrepreneurship.Museums are evolving from static repositories of artefacts into innovation ecosystems that connect culture, technology and sustainable development. Tokyo’s teamLab Borderless and teamLab Planets, for example, are host to 3D digital artworks, which visitors can become immersed in and interact with. Abu Dhabi’s Saadiyat Cultural District,…

Molo has reduced rates by 10 basis points across its UK resident two-year and five-year buy-to-let range. Effective immediately, two-year fixed rates for standard buy-to-let products now start at 2.85% at 75% loan-to-value (LTV), while five-year fixed rates are available from 4.55%. The reduced rates apply to both individual and limited company landlords, strengthening Molo’s proposition across its buy-to-let range. Pricing across the lender’s specialist product range, including HMOs, new builds, and holiday lets, along with its semi-commercial offering, remains unchanged. These rates start from 3.01% and 5.65% respectively. Rates for non-UK residents and expat borrowers are also…

Mortgages are the one financial service you spend years trying to get, but then want to be rid of as soon as you can.For most of us, a mortgage is the key to stepping on and climbing up the property ladder, but it can also be your biggest monthly expense. With recent rate volatility in mind, it’s hardly surprising that becoming mortgage-free often becomes the next financial goal.David Hollingworth, of mortgage broker L&C, said: “Having a mortgage is a necessary part of making the dream of home ownership become a reality for most people, but from then on, the focus…

Meet Jim Martens, the analyst who’s followed one method for over 30 years and can tell you exactly where the commodity markets stand right now. In this interview he explains why the Wave Principle “just made sense,” then shows it in action on two grain markets setting up this morning — with plenty more waiting in his Commodity Junctures Weekly Wrap-Up. Jim, introduce yourself for anyone who hasn’t met you. I’m Jim Martens, editor of Elliott Wave International’s Commodities Pro Service and of Commodity Junctures. I grew up in New York, ended up in South Florida, and I’ve followed one…

For nearly two decades, China’s property market was the engine of its economic growth and the cornerstone of household wealth. Homes were bought not just as places to live but also as investments, with real estate accounting for an estimated 70% of household assets. Then, a mix of debt-laden developers, unfinished housing projects, falling home prices, slowing population growth, weakening consumer confidence and an economic slowdown triggered a prolonged property crisis, wiping out trillions of dollars in wealth and shattering homebuyers’ faith in what was once considered the country’s safest investment.China’s real estate crisis has raised an important question for…

Mortgage search activity strengthened during June, with both month-on-month and year-on-year volumes increasing across most major lending categories, according to the latest Mortgage Market Snapshot from Twenty7tec.Total mortgage searches reached 1,774,749 during June, representing a 7% increase compared with the previous month and 2% higher than in June 2025.Residential searches totalled 1,499,462, up 11% compared with May and 3% higher than the same month last year.Residential purchase searches also returned to growth, rising 8% month on month to 679,151 and recording a 5% year-on-year increase.First-time buyer activity also strengthened during June, with searches reaching 166,026, up 9% compared with May and 5% higher than June 2025.Residential remortgage searches rose to 654,285, representing a 14% increase month on month and a 1% increase compared with the…