Author: Jordan

Average rents in England increased sharply in June, with annual rental inflation reaching its highest level in nearly two years, according to data from Goodlord. The rise coincides with the implementation of the Renters’ Rights Act, which restricts how frequently landlords can increase rents during tenancies. The Goodlord Rental Index shows the average monthly rent for a new tenancy reached £1,309 in June, up 6.5% from £1,229 a year earlier. The figure also represents an 8.1% increase on May’s average rent of £1,211. The annual increase marks a significant shift from April and May, when year-on-year rental inflation stood at…

BEIJING – Quant funds in China have become so popular that they are being deluged with investors’ money. Ubiquant, one of the top players, raised 2.6 billion yuan (S$495 million) in less than two hours for a new fund in May, according to people familiar with the matter.Investors also snapped up over 100 million yuan of a product from Shenzhen ChengQi Asset Management within seconds, a product distributor said.They are not alone. Quants’ assets under management have more than doubled in less than a year to more than 2.6 trillion yuan. The frenzy is being fuelled by the success of their…

An increasing number of lenders are offering home loan cashbacks worth thousands of dollars. We’ve rounded up the biggest deals here. Most cashbacks are for refinancers, but some are for other borrowers too. What’s next: Home loan cashbacks are great, but make sure you compare interest rates and fees too. 1. IMB – get up to $4,000 cashbackIMB is offering up to $4,000 cashback for both refinancers and new purchasers. The cashback amount depends on your loan size, and you’ll need a loan-to-value ratio of 80% or lower:$250,000–$499,999 = $2,000 cashback$500,000–$749,999 = $3,000 cashback$750,000 and over = $4,000 cashbackThis is…

Commercial deals captured 50.7% of first-half investment volumes.Singapore’s real estate investment market is expected to surpass pre-pandemic levels in 2026, after investment volumes reached $35.2b in the first half (H1), according to a Cushman & Wakefield report.The firm said H1 volumes are on track to exceed the 2017 level of $36.8b, supported by declining interest rates, limited supply, and resilient occupier demand.Moreover, easing financing costs and healthy leasing fundamentals are expected to drive investment and market expansion amidst geopolitical developments, said Wong Xian Yang, Head of Research, Singapore & Southeast Asia, Cushman & Wakefield. Commercial investment sales accounted for 50.7% of…

The lender’s lowest rates now start at 3.74%. LendInvest Mortgages has cut rates by 0.10% across its 2 and 5-year fixed rate buy-to-let (BTL) products. The lender’s lowest rates now start at 3.74%. These rate reductions come as the lender recently announced the launch of a suite of semi-commercial BTL products, allowing professional property investors to further diversify their property portfolios through these mixed-use properties. Rod McPherson, head of distribution at LendInvest, said: “We’re really pleased to give our brokers and their clients some extra financial headroom with this 10bps rate cut. “As the UK property market finds its stride and…

The two asset types supported borrowing through different mechanisms, He finds. Tangible assets were more closely associated with asset-based borrowing, in which loans are secured by collateral that creditors could potentially liquidate if the borrower were to default. A key factor in this type of lending is redeployability, or whether an asset can be transferred to another user without losing much value. Intangible assets, by contrast, were mainly associated with cash flow–based borrowing. Because these assets are difficult to pledge or resell, lenders instead rely on the company’s ability to generate stable operating cash flows over time. Intangibles that can…

per ounce resets quickly, but many costs (labor, fuel, equipment, and site overheads) adjust more slowly, so margins can widen fast. That’s why shares in smaller producers like Catalyst Metals and Genesis Minerals jumped 11.9% and 10.8%, while larger Northern Star Resources gained up to 7.9%. Not everything joined the party: iron ore names weighed after news tied to Fortescue’s portside products in China, and Suncorp fell as much as 5.1% after trimming its forecast for gross written premium growth, a key measure of how quickly an insurer is expanding its book of policies. Why should I care? For markets:…

KUALA LUMPUR, July 3 — Several lawmakers on both sides of the divide have endorsed a suggestion by CodeBlue for legislative amendments to require parliamentary approval or oversight of federal spending cuts. In a poll of eight MPs and a senator, all except one MP supported the principle of mandating the government to present proposed spending cuts to Parliament, instead of the current situation where the Ministry of Finance (MOF) has unilateral power to reduce or divert allocations between ministries without disclosure to the House. The parliamentarians simply differed in their preferred mechanism – such as either tabling bills for…

In a winner-take-most market, firms typically want to be the ones winning and taking the most. Stable coins are shaping up to be exactly that kind of market. On Wednesday (July 1), Payward, the parent company behind the crypto platform Kraken, completed its acquisition of Reap in a deal valued at up to $600 million, adding stablecoin-native card issuing, embedded payments, cross-border money movement and treasury-management infrastructure to Payward Services. Reap will continue to operate as a standalone brand within Payward, retaining its leadership team and go-to-market approach, according to a company press release. The deal works because Payward can…

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