Author: Jordan

Darlington Building Society has cut rates by up to 0.50% across its buy-to-let (BTL), residential and specialist mortgage ranges.  The changes are aimed at supporting brokers working with landlords, first-time buyers (FTBs) and clients with more complex income.  The 5-year fixed-rate standard BTL product at 80% loan-to-value (LTV) is now 5.49%, down from 5.99% – a reduction of 0.50%.  Residential products have also seen reductions, including the 2-year fixed-rate at 80% LTV, now at 5.29%, down by 0.25%. Specialist residential rates have been reduced by up to 0.30% for borrowers with complex income, including those on visas or with non-standard…

Quarterly Earnings Trend Shows Clear Uptrend The latest quarter saw a notable rise in the proportion of companies delivering positive results, climbing to 63.0% from 46.0% in December 2025, 44.0% in September 2025, and 42.0% in June 2025. This steady improvement over four consecutive quarters underscores a strengthening earnings momentum across sectors and market capitalisations. Mid cap companies have been the standout performers, with 78.0% reporting positive results, followed by small caps at 63.0%. Large caps, while still showing resilience, lagged behind with 53.0% positive results, reflecting a more cautious recovery among the market’s heavyweight constituents. Sectoral and Market Cap…

Hiring activity this week spanned private equity firms, alternative asset managers, and wealth managers, with firms adding headcount in investor relations and venture capital as well as broadening their investment capabilities. In private equity, EQT tapped USS veteran Teia Merring for a client-facing role, while Partners Capital made a hire focused on venture capital. At ICG, internal promotions centered on the European investment team. Read on for all 39 moves. Investors Credit Variant Investments, an SEC-registered private credit investment manager with $2.6 billion in assets under management, welcomed Qing Fan to the firm as senior vice president of capital markets,…

NEW DELHI: Institutional activity, in Indian equities is expected to be driven mainly by global news flows in coming days, with developments in US-Iran negotiations remaining a key monitorable due to their potential impact on geopolitical stability and global energy markets, experts said on Saturday.Foreign institutional investors (FIIs) continues to offload Indian equities. It remained net sellers during last week as it sold Rs 171.4 billion based on provisional exchange data.“On the other hand, domestic institutional investors (DIIs) provided strong support to the market, emerging as net buyers during last week with investments totalling Rs 97.8 billion based on provisional…

The ‘private’ loophole: how a $5m property protection was sidelined by the solar industry Central Western Daily Source link

MUMBAI: India’s largest non-state bank HDFC has alerted its customers to refrain from swiping credit, debit, and forex cards to buy stocks, float companies and own properties abroad.In recent times many resident individuals, banking with various financial institutions, have used cards to carry out such international capital account transactions-oblivious that they were violating foreign exchange and banking rules. Some probably did it consciously to dodge the tax collected at source (TCS) or sidestep restrictions on overseas forex remittance.The bank, in a customer mailer this week, has unambiguously stated that “as per regulatory guidelines capital account transactions outside India are not…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

In the run up to commencement day for the Renters’ Rights Act, one question has come up repeatedly in conversations with brokers and landlords – will lenders tighten buy-to-let underwriting because the rules of the rental market are changing?It is an understandable concern.The legislation asks landlords to operate differently in areas that matter day-to-day, and nobody underestimates the adjustment this will require. But it is important to separate operational change in the lettings market from the fundamentals of mortgage risk assessment.We do not believe the Act has a direct impact on underwriting, and we do not believe that other lenders are…

By staff reporter A detailed confidential dossier has uncovered a complex web linking alleged illegal gold extraction, shareholder enrichment, and related-party transactions at Botha Gold Mine, with evidence suggesting that proceeds from unauthorised mining may have been used to acquire luxury vehicles for company insiders, this publication has gathered. At the centre of the revelations is a written admission by Botha Gold Mine dated 17 January 2026, in which the company publicly confirmed distributing new vehicles to its shareholders. In a statement titled “Botha Gold Mine Shareholders Receive New Vehicles – A Shared Step Forward,” the company acknowledged that the…

FinanceCapital tie-up with Hunter Point Capital part of bank’s push to expand market for asset classSumitomo Mitsui Trust Bank aims to develop expertise in alternative investments, a relatively small asset class in Japan that is expected to grow. © ReutersTOKYO — Sumitomo Mitsui Trust Bank has formed a capital tie-up with U.S.-based investment firm Hunter Point Capital (HPC), part of the Japanese lender’s push to bring investments into alternative assets such as domestic real estate and private equity.  Source link