Author: Jordan

Billionaire real estate financing often defies conventional wisdom: Elon Musk, the world’s richest person, took out $61 million in mortgages on five California properties through Morgan Stanley, while Mark Zuckerberg locked in a 30-year mortgage at 1.05% on his Palo Alto home. Rather than paying cash outright, these ultra-wealthy individuals use mortgages as a strategic wealth tool. The primary reason billionaires borrow for real estate is to preserve liquidity. Most of their wealth sits in investments, stocks, and business assets rather than cash accounts. By taking a mortgage, they keep capital deployed in higher-returning investments instead of tying millions into…

Gold loans may continue to remain in focus for lenders in the near term, backed by strong momentum already visible in sourcing volumes and rising ticket sizes, as secured lending gains prominence in India’s retail credit market, according to a report by Experian. The report showed that gold loan sourcing value more than doubled year-on-year to Rs 7.6 lakh crore in the fourth quarter of FY26, registering a 115 per cent rise, while assets under management (AUM) grew 47 per cent to Rs 11.9 lakh crore as of March 2026. Average ticket size also rose sharply to Rs 2.1 lakh…

Intense commodity price and supply pressures threaten global manufacturing performance S&P Global Source link

“Unsurprisingly, borrowers are reluctant to commit to today’s rates for the long term, despite the payment certainty these products can offer.”He said: “Unlike homeowners in some other countries who routinely fix their mortgage rates for decades, British borrowers want the security of a fixed monthly repayment but value the flexibility of shorter-term deals.  “Regardless of the volatility of the last few years many seem to be positioning themselves for a future where mortgage rates are lower than they are today.” Mary-Lou Press, president of NAEA propertymark, said: “What’s particularly interesting is that we’re seeing buyers place a greater emphasis on…

Six One Commodities (61C), an energy merchant backed by Pinnacle Asset Management, has completed its acquisition of Great American Gas & Electric (GAGE) from Link Growth Advisers. The transaction adds GAGE’s operations to 61C’s growing energy platform and strengthens the company’s North American retail and integrated energy business. The acquisition is a strategic step in expanding 61C’s retail energy capabilities across North America. GAGE brings an established team, customer relationships, broker networks, operating infrastructure, and technology systems that will support the continued development of 61C’s retail energy operations. By combining the two businesses, 61C expects to enhance its ability to…

South Shields FC has secured a new majority owner (Image credit: South Shields FC) FRP Corporate Finance has revealed its role on the majority sale of South Shields FC to an international investor consortium.  The deal sees an investor group backed by ORY Investment Holdings acquire a majority shareholding in the club.  Geoff Thompson, who has led the club since 2015 and overseen three promotions, remains in place as chairman and a significant shareholder. Founded in 1888, South Shields FC competes in the National League North and plays its home matches at Mariners Park.  FRP Corporate Finance’s Newcastle team was…

There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So should Rua Gold (TSE:RUA) shareholders be worried about its cash burn? In this report, we will consider the company’s annual negative free cash flow, henceforth referring to it as the ‘cash burn’. The first step is to compare its cash burn with…

Gold loans may remain in focus amid strong momentum in retail credit growth: Report   Gold loans may continue to remain in focus for lenders in the near term, backed by strong momentum already visible in sourcing volumes and rising ticket sizes, as secured lending gains prominence in India’s retail credit market, according to a report by Experian. The report showed that gold loan sourcing value more than doubled year-on-year to Rs 7.6 lakh crore in the fourth quarter of FY26, registering a 115 per cent rise, while assets under management (AUM) grew 47 per cent to Rs 11.9 lakh crore…

Crypto exchanges are no longer just competing with each other—they are increasingly positioning themselves to compete with traditional stock markets themselves. A new Binance Research report, From Tokens to Tickers: The Equity Layer, suggests the industry is entering a structural transition where tokenized equities and blockchain-based financial instruments could form an “equity layer” that brings global capital markets on-chain. Sponsored Crypto Prediction Markets 18+ · Gambling involves risk. Play responsibly. Rather than operating as separate systems, traditional finance and crypto markets are gradually converging, with crypto platforms evolving beyond digital asset trading into gateways for tokenized versions of traditional financial…

Some fear the next move higher for oil prices would pose a risk to economic growth, bond yields and the bull market for stocks Reuters 06 June, 2026, 12:35 pm Last modified: 06 June, 2026, 12:37 pm Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS”> Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli…