Author: Jordan

PETALING JAYA: Analysts generally expect the third quarter of financial year 2026 (3Q26) to be a period of consolidation for Malaysian equities, with investors likely to shift from broad market bets to selective sector rotation as economic growth moderates and external uncertainties linger.Against this backdrop, Kenanga Research believes stock picking will be the key to generating returns, while maintaining its year-end target of 1,770 points for the FBM KLCI on expectations that market reforms and an expansionary Budget 2027 will provide stronger catalysts in 4Q26.“Our year-end 1,770 FBM KLCI target price is thus unchanged, with the belief also that the…

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Bank lending to small and medium-sized property firms has declined 14% over the past five years, falling from £216 billion in March 2021 to £186 billion in March 2026, according to research from specialist real estate debt and insurance advisory firm Karis Capital. Shift towards larger investors The data indicates a significant reallocation of lending resources, with borrowing by large property investment businesses rising 20% to £375 billion during the same period. Karis Capital attributes the shift to banks viewing smaller property investors as higher risk. Nicholas Christofi, CEO of Karis Capital, stated: “Smaller property investors should look beyond banks…

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The company operating Hong Kong’s gold clearing and settlement system has been admitted as an international member of the Shanghai Gold Exchange, according to a circular released on Tuesday.The Hong Kong government is “striving to build an international gold trading market in Hong Kong, including the establishment of the Hong Kong gold central clearing system, to attract the storage, clearing and delivery of physical gold in Hong Kong, drive the development of related services such as trading, risk management, insurance, warehousing and logistics, and gradually build a comprehensive gold trading ecosystem”, Hong Kong Chief Executive John Lee Ka-chiu said in…

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Two experienced specialist finance professionals have launched a new secured loans and second charge mortgage business as demand for homeowners to unlock equity without disturbing low-rate first charge mortgages continues to accelerate. Flamingo Money has been established by Capital B Property finance directors Andre Bartlett and Chris Borwick, with former Positive Lending senior figure Declan Thomas joining as director after 12 years with the specialist distributor. The launch comes at a time when the second charge market is enjoying its strongest period in almost two decades. Finance & Leasing Association data shows new business volumes rose 17% during 2025, reaching…

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DLA Piper South Africa announced the appointment of Phila Zulu as a director in its Johannesburg office. Zulu joins the firm’s Finance team on July 1, 2026. Zulu advises on complex, multi-jurisdictional finance matters. His practice focuses on credit derivatives, debt capital markets, securitization, banking and finance, and general corporate law. His experience includes transactions involving EU, U.K., and U.S. securities law, including Regulation S and Rule 144A matters. His appointment strengthens DLA Piper South Africa’s finance capabilities in Johannesburg. The firm also announced three promotions across its Corporate, Finance, and Tax practices. Christoph Berndt, Hemlata Singh, and Leratorato Madiba…

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The owner’s response is what should interest insurers. The policy also carries a separate $25,000 water damage sublimit and a $150,000 personal property limit, the complaint says, and the two endorsements do different jobs. One sets a dollar ceiling for water damage; the other sets occupancy conditions. Read together, the owner argues, a water loss should recover at least $25,000, not $10,000 – and the personal property limit, it says, is untouched by either endorsement.  Source link

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A Georgia law firm employee is facing 101 charges after authorities said firm checks were used to pay unauthorized credit cards in an internal fraud case that topped $190,000.The case involves Nadine Brooks, 66, who worked for Dozier Law Firm in Macon, Georgia, according to WGXA. The station reported that a Bibb County Sheriff’s Office incident report accused Brooks of stealing almost $200,000 from the firm over more than five years.The law firm contacted police in June 2025 about internal thefts, and the report identified at least two suspects, one of whom was Brooks, according to the station.Brooks was charged…

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THE decision by Opec+ to increase crude oil production quotas for a fifth straight month from August raises two questions.Can they actually ship the increased output and if they can, who will buy it?The seven core members of Opec+, which groups together Opec and allied producers such as Russia, agreed at a meeting on Sunday to lift quotas by 188,000 barrels per day (bpd) from August, taking the total increase to almost 800,000 bpd since April.The first question will be answered in the positive if the Strait of Hormuz can remain open and volumes through the narrow waterway can recover…

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12:01 AM, 7th July 2026, 1 minute ago The buy-to-let market has become harder to justify for small landlords as demand across the UK continues to fall, according to new research. Data from estate agent emoov shows online searches for “buy-to-let landlord” have dropped sharply, with only one UK city recording an increase in interest. The figures come after the Renters’ Rights Act came into force on 1 May. Buy-to-let market is changing According to the research, London saw a 41.7% drop in searches, followed by Birmingham at 33.3%. Carlisle recorded the steepest decline, down 59%. Nick Neale from emoov…

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