Author: Jordan

LNG imports into the EU fell year over year for the third consecutive month in June, according to data from S&P Global Energy CERA, as the persistent loss of production from the Persian Gulf continued to weigh on global trade and strain Europe’s gas sourcing. The EU imported about 7.5 million metric tons of the fuel (equivalent to about 10.4 billion cubic meters of natural gas) in June, down about 18% year over year, CERA data showed. The June downturn marks a sharp increase in the year-over-year shortfall in monthly EU imports that has emerged since the outbreak of the…

Cards continued to account for the greatest number of noncash payments in the United States in 2024, while ACH payments continued to account for the highest value of noncash payments. Both of those trends were true by a wider margin than three years earlier, according to the latest Federal Reserve Payments Study (FRPS). The FRPS is conducted every three years, quantifies aggregate payment volumes, and includes payments from U.S. domiciled accounts, both consumer and non-consumer. The latest study, the 2025 FRPS, includes data from 2024. Cards accounted for 79% of noncash payment volume in 2024, up from 77% in 2021.…

HYDERABAD: The Telangana High Court on Tuesday declined to grant interim relief restraining the sale of nearly 300 acres of land in Kukatpally owned by Gulf Oil Company Limited (GOCL), Hinduja Estates, Squarespace Infra City, Honor Homes and others. It, however, clarified that any sale or transfer during the pendency of the case would be subject to the final outcome of the writ petition.Justice NV Shravan Kumar passed the order while hearing a petition filed by Boduppal-based businessman Chinthala Srinivas Reddy, who alleged large-scale irregularities in land transactions involving private developers and revenue authorities.The petitioner contended that part of the…

60% increase in equity released for BTL improvements Property Investor Today Source link

Investing.com — Fortescue shares fell on Thursday after a Reuters report said China’s state-backed iron ore buyer had instructed some domestic steelmakers to stop accepting deliveries of certain lower-grade iron ore products from the Australian miner, as supply negotiations between the two sides continue. Fortescue Metals Group Ltd () shares fell 1.1% to A$19.03, underperforming Australia’s broader market, with the S&P/ASX 200 down about 0.1% in afternoon trade. Track miners, commodity markets and China policy shifts with InvestingPro  According to Reuters, China Mineral Resources Group (CMRG) has verbally told some steel mills not to take delivery of Fortescue’s Super Special…

Gold’s rebound has not fully changed the argument around bullion. The metal is back above the $4,000 line after softer US data knocked the dollar lower, but the market is still reluctant to chase prices higher before the official jobs report. Traders are weighing two competing signals: a cooling labour market that helps gold, and a Federal Reserve that remains unwilling to declare victory on inflation. Add fragile US-Iran diplomacy and another Russian strike on Kyiv, and the trade looks more like caution than conviction.Spot gold rose 0.7% to $4,057.92 an ounce in Asian trade on Thursday, extending its recovery…

GROS-ISLET, July 02, 2026 (GLOBE NEWSWIRE) — Elefin Ltd. today announced the launch of its online trading platform designed to provide individual traders with access to global CFD and forex markets through a streamlined digital interface. The platform offers access to a range of financial instruments, including forex, commodities, indices and other CFD products, while incorporating features intended to support efficient trade execution, account management and market accessibility for users in multiple regions. Elefin Elefin is contributing to this shift by providing a seamless and intuitive trading platform for CFD and forex trading, allowing users to navigate opportunities in the…

Bank of England to push ahead with plan to limit hedge fund leverage Financial Times Source link

The new range is aimed at landlords looking to carry out non-structural or modernisation works to maximise the rental yield and value of a property. The specialist lender’s new range is aimed at investors wanting to make improvements such as installing a new bathroom or kitchen; replacing fixtures and fittings, windows and doors, and roof coverings; undertaking a full rewiring; and converting a C3 dwelling to a C4 HMO property. The lender said the range offers an alternative way to fund the purchase and refurbishment of a property. Rather than following the traditional two-step approach of taking out a bridging…

While much of the attention surrounding the sweeping overhaul of the federal student loan system has focused on parents with college-bound kids, some of the biggest and most controversial changes affect graduate students. Beginning July 1, 2026, new borrowers can no longer take out federal Graduate PLUS Loans, and Direct Unsubsidized Loans are subject to new annual and aggregate borrowing limits.Because Grad PLUS Loans allowed students to borrow up to their school’s full cost of attendance, many graduate programs, especially those with high tuition or living costs, were designed with that funding option in mind.For students who can no longer…