Author: Jordan

A person counts South Sudanese pound banknotes in Juba, South Sudan, on Sunday, June 6, 2021. [Photo: Adrienne Surprenant/Bloomberg via Getty Images]JUBA — South Sudan’s Council of Ministers, chaired by President Salva Kiir Mayardit, on Friday approved the proposed Resource Envelope and Expenditure Framework for the 2026/2027 fiscal year amounting to SSP 11.3 trillion. According to a statement from the Office of the President, the approval followed a presentation by the Minister of Finance and Planning, Daniel Ayulo Kuol, who outlined projected government revenues and planned expenditures for the upcoming fiscal year. “The Council of Ministers, chaired by President Salva…

Newmark Group Inc (ISIN US65158A1088) operates as a major participant in the commercial real estate services industry, offering brokerage, advisory and related solutions across key property markets in the United States and internationally. The company’s performance is closely tied to transaction activity, capital markets conditions and broader real estate fundamentals, which have been reshaped in recent years by higher interest rates and evolving demand for office and mixed-use space.For many investors, Newmark’s positioning alongside large U.S.-listed peers underlines its exposure to core commercial property cycles such as leasing, investment sales and structured finance. The company’s results typically reflect trends in…

All 2-year fixed rates have been reduced by 0.25%, and all 5-year fixed rates have been cut by 0.10%.  Together has cut rates across its fixed-rate product range and expanded its criteria to support more borrowers.  All 2-year fixed rates have been reduced by 0.25%, and all 5-year fixed rates have been cut by 0.10%.  Rates now start from 7.70% for consumer buy-to-let (CBTL) first charge 5-year fixed, 7.89% for residential first charge 5-year fixed, 8.54% for buy-to-let (BTL) first charge 5-year fixed, and 8.99% for semi-commercial first charge 5-year fixed. The changes apply across residential first and second charge,…

By Amanda Stephenson and Robert Harvey CALGARY/LONDON, July 3 (Reuters) – Oil prices were little changed for the week as traders held on to hopes for a successful outcome from attempts to secure peace between the U.S. and Iran.  were up 14 cents, or 0.19%, at $71.94 a barrel by 2:31 p.m. ET (1831 GMT), ending the week just 5 cents lower than last Friday’s close. was up 9 cents, or 0.13%, at $68.78 a barrel. Trading was light as U.S. markets were closed ahead of the U.S. Independence Day holiday on Saturday. On Thursday, the two oil benchmarks had hit…

Investors seeking steady financial exposure face a choice between niche mortgage specialist Essent Group (NYSE:ESNT) and the diversified property and casualty giant Progressive (NYSE:PGR) as they head into 2026. While both companies operate as insurers, they occupy very different corners of the financial landscape. Essent protects lenders against mortgage defaults, whereas Progressive provides broad coverage for vehicles and homes. This comparison evaluates which business model provides the better balance of growth and stability for your holdings. The case for Essent Essent Group provides private mortgage insurance to mortgage lenders, including depository institutions and credit unions. The company focuses on single-family…

Precise has launched a new range of 60% LTV ‘limited edition’ products and reduced rates on selected residential mortgages. The new ‘limited edition’ products feature £300 cashback and a £1,495 fee. Precise said the updates are designed to provide brokers with more options for customers looking to improve affordability through lower monthly payments and reduced borrowing costs. Rates now start from 4.99% on a two-year fixed-rate mortgage at 60% LTV with a £1,495 fee (Tier 1). The latest changes include the introduction of new 60% LTV ‘limited edition’ products with £300 cashback and a £1,495 fee. Alongside this, Precise has…

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St’s investing ideas for FREE. VEON stock has delivered a strong 169.8% return over the past three years, and the current valuation checks suggest the shares still lean cheap rather than fully priced in. VEON has returned 169.8% over three years, which puts recent short term pullbacks into the context of a strong multi year run. New digital finance partnerships and data center projects can support expectations for future cash generation. At the same time, the scale of investment commitments in markets like Kazakhstan and Bangladesh…

Equities Investors Gain N3.16trn as Nigerian Stocks ReboundEquities investors gained about N3.16 trillion on Friday in the Nigerian stock market as renewed bargain hunting in sectoral names boosted performance and reduced the weekly loss.Stockbrokers said the market rebound was driven by bargain hunting in mid-cap and blue-chip stocks. Top performers today included heavyweight stocks such as AIRTELAFRI, ZENITHBANK, MTNN, WAPCO, and GTCO across all key market sectors.Therefore, the market index (All-Share Index) added 4,918.37 basis points in today’s trading session, reflecting a 2.19% increase to close at 229,240.34.  Market capitalisation surged by ₦3,156.11 billion, representing a 2.19% increase, settling at…

Gold’s comeback trade is no longer a quiet contrarian thesis. It is beginning to explode in full view and the market may still be underestimating how powerful the next move could become. Beneath the surface, the global macro picture is deteriorating fast. Chinese PMIs have ticked higher, with manufacturing rising to 50.3 and services edging up to 50.2. The Japanese yen has collapsed to its weakest level against the U.S dollar since 1986. The New York Federal Reserve’s Global Supply Chain Pressure Index has climbed to 1.8 – the highest since July 2022 – signalling renewed disruption across global trade. At the…

Gold prices extended their recovery on Friday after rebounding from June’s sharp correction, with RBC Capital Markets arguing that the longer-term bull market remains intact despite recent volatility. The price of Gold in US Dollars (XAU/USD) traded near $4,165, up almost 1% on the day after climbing more than 3% so far in July. The rebound follows an almost 12% decline in June, when prices briefly fell below $4,000. Image: Gold price in USD – 2 day chart RBC believes the recent correction has not changed the broader investment case for gold. “While we remain of the view that gold’s…