Author: Jordan

[Photo: NH Investment Securities] NH Investment Securities will launch a 400 billion won rights issue for its largest shareholder, NH Nonghyup Financial Group. The move is aimed at strengthening its capital base to expand its key new business, comprehensive investment accounts (IMA), as well as corporate finance and venture-capital investments. NH Investment Securities said on Monday it has decided on a third-party allocation paid-in capital increase worth a total of 400 billion won for its largest shareholder, NH Nonghyup Financial Group. The offering was 추진됐다 to build a stable capital environment so that the IMA business and related corporate finance…

Vancouver Canucks fans have a right to be nervous about Quinn Hughes potentially leaving in two years. But, at least he’s actually under contract. The same can’t be said for Quinn’s youngest brother. Luke Hughes surprisingly remains a restricted free agent, despite the fact that the New Jersey Devils’ general manager, Tom Fitzgerald, told media early in the summer that re-signing Luke was his top priority. Not only is he still unsigned, but a new report suggests that he’s looking for a contract that would line up with Jack Hughes’ deal. NJ.com reporter Ryan Novozinsky recently reported that the youngest…

ModaMortgages has reduced buy-to-let mortgage rates by 20 basis points across its limited edition two-year and five-year fixed-rate products. The latest changes apply across both standard buy-to-let properties and specialist lending for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). Following the reduction, the lender’s limited edition two-year fixed-rate buy-to-let mortgage rates now start from 3.34% for single dwelling properties. For HMOs and MUFBs with up to six bedrooms or units, two-year fixed rates start from 3.44%. Lower buy-to-let mortgage rates across fixed-rate range ModaMortgages has also reduced pricing across its limited edition five-year fixed-rate products.…

Travel credit cards do not all solve the same problem. Some are built to earn flexible rewards for future trips. Some work best when you are loyal to one airline or hotel program. Others are less about points than about making travel smoother right now through lounge access, insurance, checked bags or no foreign transaction fees.That is what makes this category harder than it first appears. The best travel card is not just the one with the biggest welcome offer or the flashiest perk. It is the one that fits the kind of traveller you already are — or the…

Pavel Durov, the founder of Telegram messenger, has confirmed plans to rename the native blockchain token TON from Toncoin (TON) to Gram (GRAM). He wrote about it in his channel, RBC reports. Shortly before his post, a vote on this issue was launched from a verified Telegram account on the TON Vote platform, where token holders vote for changes to the TON blockchain network. But minutes before Durov’s post appeared, the vote was removed from the platform. Its description said that the blockchain would retain the name TON (The Open Network), and the changes would only affect the token name…

(HedgeCo.Net) The alternative investment industry has spent years trying to solve one of its most important growth challenges: how to bring private equity, private credit, real estate, hedge funds, and other institutional-grade strategies to wealthy individual investors without recreating the operational complexity that made those products difficult to scale in the first place. Tokenization may be the missing infrastructure layer. A major structural shift is underway as asset managers, banks, fund administrators, transfer agents, custodians, and wealth platforms explore blockchain-based tokenization as a way to modernize the distribution of alternative investments. The opportunity is enormous. J.P. Morgan and Bain & Company…

Transcat’s first-quarter results drew a negative market reaction as revenue growth of nearly 16% year over year fell short of Wall Street’s expectations. Management attributed this performance to robust demand in highly regulated sectors, including life sciences, aerospace, and energy, as well as continued momentum in its high-margin service and rental businesses. CEO Jaime Irick highlighted the company’s ongoing integration of recent acquisitions, such as SCM Metrology and Laboratories, and emphasized the importance of maintaining operational excellence. However, operating margins declined compared to the previous year, partly due to the costs associated with onboarding new customers and ongoing investments in…

Quilter Financial Planning has appointed Rachel Trundle (pictured) as head of adviser relationships for its mortgage and protection network. She joins from The Exeter, where she served as national account manager, bringing more than 20 years of experience across financial services and the protection market. Prior to joining The Exeter, Trundle held national account development roles at Friends Life UK and has also founded and led businesses outside the financial services sector. Trundle will report to Zara Bray, distribution director for Quilter’s mortgage and protection network, and will oversee the relationship management team while working closely with appointed representative (AR)…

The current average refinance rate on a 30-year, fixed-rate home loan is 6.49%, according to data from the popular real estate marketplace Zillow. If you’re a homeowner hoping to refinance your mortgage for a lower rate or perhaps to tap home equity, read on to see average refi interest rates for a variety of loan types and terms. You can also see the prior day’s report here. Current refi rates data Note that Fortune reviewed the most recent Zillow data available as of June 1. How mortgage refinancing works Mortgage refinancing involves replacing your existing home loan with a new…

  Blink Films is in production on a landmark documentary for The WNET Group, ARTE and theatrical release uncovering the largely unknown story of a mysterious southern African ghost city, once home to up to 20,000 people, which for decades historians claimed was too majestic and sophisticated to have been built by African people. Lost City of Gold (1×60’) has exclusive access to the archaeologists excavating the buried ruins of Great Zimbabwe, in the heart of southern Africa. Surrounded by giant walls standing 40 feet high and 16 feet thick, it’s the largest precolonial man-made structure in southern Africa, was…