Author: Jordan

Transforming Development Finance Through Innovation Social Finance International has announced a senior recruitment drive for a Manager based in Nairobi, Kenya, as part of its expansion across East Africa. The organization, which operates at the intersection of strategy, design, and implementation in development finance, is seeking to strengthen its regional presence through leadership in innovative financing solutions. The role reflects broader shifts in global development funding, where traditional aid models are increasingly being replaced or supplemented by blended finance, outcomes-based financing, and results-based funding structures. These approaches aim to improve accountability, efficiency, and measurable social impact in development programmes. Social…

Highlights Karoon Energy (ASX: KAR) shares declined 8.06% to A$1.710, placing the company among the day’s notable ASX losers. The company has a market capitalisation of approximately A$1.44 billion. Trading volume reached 7.59 million shares, with relative volume of 1.53, indicating above-average market activity. Karoon Energy remains profitable, reporting diluted EPS (TTM) of 0.26 AUD and a price-to-earnings ratio of 6.56. Karoon Energy (ASX:KAR) came under pressure during today’s trading session, with shares falling 8.06% to A$1.710. The oil and gas producer was among the more prominent decliners on the Australian share market, attracting attention from investors monitoring weakness…

Montreal, Quebec–(Newsfile Corp. – June 16, 2026) – Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or the “Company”) is pleased to announce the start of its summer exploration campaign on its Golden Island gold property. Field crews are currently deployed on site to begin preliminary work for the season. Preparatory Work and Stripping A team is currently in the field to begin the first phase of the campaign. Initial work will consist of clearing access roads and cleaning historical trenches. These preparatory steps will allow the Company’s geologists to identify priority areas for prospecting and stripping before the arrival of heavy…

“These scams can result in significant financial loss and are particularly distressing for victims,” says detective senior sergeant Simon Taylor, of Counties Manukau Police CIB. Photo supplied Counties Manukau Police are urging residents to remain vigilant following reports of scammers targeting trusting people. Detective senior sergeant Simon Taylor, of Counties Manukau Police CIB, says they’re aware that some members of the community, particularly older people, are becoming victims of a “leave your bank cards in your letterbox” scheme. “In this scam, offenders contact victims by phone while pretending to be investigating fraudulent use of their bank card. “They convince the…

Tuesday 16 June 2026 11:35 am Nationwide fired the starting gun on mortgage rate cuts. Nationwide has slashed its mortgage rates for the second time in the space of a week, ahead of the Bank of England’s interest rate decision on Thursday.The building society has taken the chop to its home loan prices, with a 0.28 percentage-point reduction. It follows a 0.12 cut on 10 June.The move comes as interest rate hike expectations are cool following the US and Iran sealing a peace deal, bringing long-awaited calm for borrowers and lenders.Volatility in the market has been driven by the repricing…

Sweden’s Folksam Group is investing SEK 2.7bn (EUR 248m) in Western European infrastructure. The companies making the investment are Folksam Life, Folksam General, Folksam Occupational Pension, KPA Pension, and the Swedish Consumer Cooperative’s Pension Foundation. Source link

In the relentless pursuit of alpha — the excess returns that separate elite hedge funds from the market average — traditional research often falls short. Charts, earnings models, and public filings are widely available. The real edge increasingly comes from alternative data (alt-data): publicly accessible or commercially licensed information gathered through sophisticated observation, satellite imagery, geolocation tracking, and open-source intelligence (OSINT). Leading funds don’t just read financial statements. They watch parking lots from space, track corporate jets in real time, monitor smartphone movements, analyze job postings, and measure industrial heat signatures. These methods are legal when using commercial datasets, public flight tracking,…

Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.Hong Kong’s consumer credit market recorded divergent movements across product types in the first quarter of 2026, with credit cards and personal loans posting balance growth whilst revolving lines and loan-on-card products declined.Credit card outstanding balances rose 4.9% year on year (YoY), whilst average balances per consumer increased 3.6% YoY. The total number of card accounts fell 2.1% YoY, , according to TransUnion’s Hong Kong Industry Insights Report. Credit card delinquency remained broadly stable. Balance-level delinquency rose by one basis point to 0.23%, whilst account-level delinquency was largely unchanged.Personal loan…

For much of the past decade, discussions around buy-to-let have often focused on one simple question: are landlords buying or are they selling? While that remains an important measure of market activity, I increasingly think it misses what is really happening within the sector. The latest results from our landlord survey, for example, suggest today’s landlords are making decisions very differently from previous generations of property investors.  Rather than focusing solely on growing portfolio size, many are becoming far more strategic about how they manage, finance and optimise the assets they already own.  In many respects, the modern…

LONDON, June 16 (Reuters) – There is space to increase the lending of the European Investment Bank ‌as the bank seeks to help finance ‌multiple European Union priorities from defence to energy and competitiveness, EIB ​President Nadia Calvino said on Tuesday. In an interview at the Reuters NEXT Europe summit, Calvino said however, that EU governments, which are the EIB’s owners, for now focus ‌more on the ⁠impact of the existing lending, encouraging more risk-taking and influence in these areas. “There are ⁠a number of limits, but there is space to do it,” Calvino said when asked if the bank’s…