Author: Jordan

One million more UK homeowners expected to face mortgage hit BBC Source link

Gold traders bet on rebound stalling near $4,300 after sharp first-half slump Proactive uses images sourced from Shutterstock Traders on the prediction market Polymarket see gold rising further this month but stopping short of a return to its January peak, with bets clustering around a July high of $4,300 an ounce. Gold was trading at around $4,127 on Tuesday, up more than 3% on the day, as the metal continued to recover from a bruising first half of the year. Bettors put a 54% probability on the price touching $4,300 at some point in July. The odds thin out quickly…

Annually house prices increased by 0.6% across the UK with Northern Ireland seeing the strongest gains of 7.4% over the year.This monthly increase comes following in a dip in prices in May. Indeed, June marks the first house price rise in four months.The data is from the Lloyds House Price Index (HPI), which has until this month been known as the Halifax HPI. It was formally announced last week that Halifax is rebranding to Lloyds.  Amanda Bryden, head of mortgages at Lloyds, said: “Recent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation…

The Supreme Court ruled that a legal mortgage created by depositing title deeds holds precedence over an equitable mortgage formed by depositing an unregistered agreement to sell. Learn more about the key legal implications and the court’s reasoning.The Supreme Court of India has ruled that a mortgage created by the deposit of title deeds takes precedence over an equitable mortgage created by depositing an unregistered agreement to sell. This significant ruling was delivered in the case of The Cosmos Co-operative Bank Ltd. v. Central Bank of India & Ors., where the court clarified the legal standing of different types of…

DNB Asset Management cuts tech and energy exposure and tilts portfolios toward cyclical stocks AMWatch Source link

China gold reserves at the end of June 2026: 75.44 million troy ouncesIn May 2026: 74.96 million troy ouncesChina gold reserves value at the end of June 2026: $303.72 billionIn May 2026: $340.75 billionCentral bank buying in gold has cooled a little since the turn of the year but China is not one that is slowing down it would seem. Once again, they increased their gold reserves and by the official count it is now over 75 million in fine troy ounces.A standout in the numbers above is how the value of the reserves have dipped significantly compared to May.…

Republic First Funding Expands Awareness Around Debt Consolidation as an Alternative to High-Interest Credit Card Cycles How Debt Consolidation May Help Americans Break the Minimum Payment Trap With Fixed-Rate Personal Loans and Personalized Advisor Support FARGO, ND, July 07, 2026 /24-7PressRelease/ — Republic First Funding is expanding its consumer-education efforts to help Americans understand debt consolidation as a structured alternative to the high-interest credit card cycles that trap millions of households each year. The company is focusing on a simple message: minimum payments on revolving credit card balances are rarely a path out of debt, and there are better options…

Circe Invest’s Fiona Frick: Staying invested when the old rules break Investment Week Source link

The Asian Development Bank (ADB) has approved a new technical assistance program aimed at strengthening public financial management and public procurement systems in the Asia-Pacific region, including Azerbaijan, APA-Economics reports. The total value of the regional project, titled “Conducting Fiduciary Assessments and Strengthening Public Financial Management Systems in Asia and the Pacific,” amounts to $500,000. According to the information, the program, financed through the ADB Technical Assistance Special Fund, will cover more than 40 countries, including Azerbaijan, during 2026–2028. Within the framework of the project, it is planned to assess public financial management and public procurement systems in participating countries, prepare…

JOHANNESBURG (miningweekly.com) – Seven relatively shallow primary adjoining mining projects that focus largely on upper group two (UG2) reef and mainly mechanised mining are at various stages of development within the South African Platinum Group Metals (PGM) portfolio of the Johannesburg Stock Exchange-listed Sibanye-Stillwater. Demonstrated by Sibanye-Stillwater executive VP head of projects Ralph Lombard was that these projects are higher-margin projects of low capital intensity, with most of them brownfield extensions. (Also watch attached Creamer Media video.) The seven are the Siphumelele and Thembelani extension reserves projects in Rustenburg, the East 4 reserves project at Marikana, the Kopaneng and Bathopele extension…